Quote Originally Posted by voltage View Post
thanks for that
so for someone who does 3-5 trades a year which is the safest, easiest to use from NZ. I find the info on the sites not that user friendly
https://www.interactivebrokers.com.au/
http://www.saxobank.com/
http://int.tddirectinvesting.com/
Hi Voltage. I am looking for a broker (I'm mainly investing in US focused ETFs) and have looked into Halifaxonline.co.nz. They are a white label broker using Interactive Brokers platform. Their commissions are low and there are no fees apart from their currency conversion rate which is the spot price + 1%.
I cannot decide between them or Saxo (who charge fees incl. an annual 1.2% account fee). Which broker did you go with in the end? I like you will trade infrequently, max 5-10 x a year.
I'm also aware of the US estate tax limit threshold of US$60k, so I look to purchase US domiciled ETFs up to US$60K and the rest as non-US domiciled ETFs.
Some on this thread say they don't like the look of Halifax - did that also put you off?