Linz Austria
Experience: Advanced
Platform: TWS
Broker: Interactive Brokers
Trading: Commodities
Posts: 1,938 since Nov 2014
Thanks Given: 3,688
Thanks Received: 2,651
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Because of the problems regarding Interactive Brokers (IB) mentioned earlier I looked into several other European and US Futures and Options brokers:
Degiro, Saxo Bank, Swiss Quote, Schwab, E-Trade, Tastytrade.
Whereas Schwab and E-Trade do not accept customers from Austria, Tastytrade is unable to provide a reporting well suited for Austrian Taxes. The European brokers are not acceptable to me because of their quality (there are very many complaints about Degiro) or their high fees (Saxo Bank, Swiss Quote).
Thus, I decided to leave a part of my account with IB for trading and to move the investment part of the account to a local broker in Austria (probably Dadat). Fees are not as important for investing as for trading.
Best regards, Myrrdin
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