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jg8512 custodial is $50 per stock per year. Advantage is, you can always phone someone to discuss purchases, get reports but this comes at a price.
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I have used internaxx.com for 16 years (was TDinveat for a few years in between). Fee arrangement has changed a bit over the time but service is good and overall cost is low. Love the fact that I can buy and sell in many markets and hold many currencies....cash transfers between EU account are free too - but take a few days.
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Originally Posted by BeeBop
I have used internaxx.com for 16 years (was TDinveat for a few years in between). Fee arrangement has changed a bit over the time but service is good and overall cost is low. Love the fact that I can buy and sell in many markets and hold many currencies....cash transfers between EU account are free too - but take a few days.
thanks BeeBop. useful to have that perspective from experience.
PS. I had a look at Interactive Brokers too ... they are even cheaper, and have lower inactivity fees too. but you have to pay for market data (which I think is optional).
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Originally Posted by jg8512
thanks BeeBop. useful to have that perspective from experience.
PS. I had a look at Interactive Brokers too ... they are even cheaper, and have lower inactivity fees too. but you have to pay for market data (which I think is optional).
i don’t use the market data provided by internaxx. Of course I would like cheaper fees (these don’t seem materially cheaper on my folio at all) but I fear that the cost of changing platforms would not be worth doing, additionally, I have found internaxx to be responsive and good....but yes, interactive brokers actually look very good.
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Originally Posted by voltage
jg8512 custodial is $50 per stock per year. Advantage is, you can always phone someone to discuss purchases, get reports but this comes at a price.
thanks Voltage.
If I hold 12-15 stocks (average) ... that's a $600-$750 each and every year, plus the cost of actually buying and selling. I will look elsewhere!
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