I just happened to find this page and more where there seem to be some real problems with degiros practices : http://www.amsterdamtrader.com/2015/10/how-degiro-screws-clients.html
Yes it’s 2015 but in the update on the article it seems the problem were never solved.
I had already chosen degiro as my broker. But now I’m not so sure anymore…
Did anyone else find this?
I must have read that link back in '15 or '16…
Seems irrelevant for buy&hold ETF investing.
I stumbled upon this post yesterday: https://www.reddit.com/r/EuropeFIRE/comments/6j50yz/brokers_you_get_what_you_pay_for/
What do you think of that? It really freaked me out!
Initially, I wanted to open a Degiro account since I’ve got less than CHF 100’000 to invest for now, but after reading that appalling post, I think I’m gonna opt for IB (even though it’s gonna cost me USD 10 per month).
Also, knowing that transferring a portfolio from Degiro to IB seems to be a tedious task, I would, instead, start with IB right from the beginning.
Interesting point of view.
Have you ran the same analysis for IB?
If you followed that guy’s advice, you would probably end up with SQ/CT or some other CH-based broker.