# Interactive Brokers summary and costs

**URL:** https://forum.mustachianpost.com/t/interactive-brokers-summary-and-costs/467
**Category:** Investing / Brokers
**Created:** [October 3, 2017, 1:47pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-summary-and-costs/467 "2017-10-03T13:47:47Z")
**Posts on this page:** 1
**Showing post:** 11

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### Author: ![Bojack](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/bojack/32/281_2.png) [@Bojack](https://forum.mustachianpost.com/u/Bojack)
#### Post date: [October 4, 2017, 12:08pm UTC](https://forum.mustachianpost.com/t/interactive-brokers-summary-and-costs/467/11 "2017-10-04T12:08:16Z")

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To simplify, you can put it like this:

Advantages of Interactive Brokers over Corner Trader:

- no stamp duty of 0.15% per transaction value
- slightly lower transaction costs for both US and EU stock exchanges

Advantages of ETFs domiciled in USA over Ireland:

- can reclaim withholding tax on US domiciled stocks\* (15% of dividend, ca. 0.3% of portfolio)
- lower TER
- higher selection
- lower bid-ask spreads

_\* applies to Swiss residents_

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