Thanks for your answer.
I’m not sure I understand all your calculations. I am writing a summary so it would be nice if you have official links.
Here are the links to complete this topic:
- Minimum
- at IB: 100000usd or 10usd/month expenses (10000 to open an account)
https://www.interactivebrokers.com/en/index.php?f=4969 - No Minimum at CT: https://www.cornertrader.ch/en/accounts/commissions/index.html
- at IB: 100000usd or 10usd/month expenses (10000 to open an account)
- Custody fee:
- No Custody fee on both
- Transaction costs
- IB: https://www.interactivebrokers.com/en/index.php?f=1590&p=stocks1 (there are some Free.interesting)
- US: 0.5 cents (also possible bonuses)
- EU: 0.1%
- no stamp duty of 0.15% per transaction value
- CT:https://www.cornertrader.ch/en/accounts/commissions/index.html
- SIX: 0.2%-0.12% (>75k chf)
- NYSE (US): 4-2 cts (>75k chf)
- IB: https://www.interactivebrokers.com/en/index.php?f=1590&p=stocks1 (there are some Free.interesting)
- Exchange Rate costs
- Taxes : read here: Tax optimisation for ETF investing
- IB: US 30%,IE 0%, CH 35%. CH given back with tax declaration, US lowered to 15%, mighit be given back as well.
- Safety nets:
- IB: US Brokers have SIPC protection for securities https://www.interactivebrokers.com/en/index.php?f=111
- CT: Cash only protection until 100k CHF
I’m going to fill it slowly…