# \[SOLVED\] I can not invest in US domiciled ETF anymore with IB
**URL:** https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208
**Category:** Investing / Brokers
**Created:** [April 26, 2023, 7:23pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208 "2023-04-26T19:23:15Z")
**Posts on this page:** 20
**Page:** 5
### Author:  [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [April 29, 2023, 12:26pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/88 "2023-04-29T12:26:16Z")
> [@mikasa](#):
>
> What is the second cheapest broker after IBKR that allows to buy US ETF?
You (hopefully!) won’t be looking for cheapest. You should be looking for a trustworthy broker in a trustworthy jurisdiction. Many if not most trustworthy jurisdictions will either have similar regulations in place. Even if they don’t, their brokers may not offer U.S. ETFs reasons.
Maybe you will be able to do it in the U.S., if you can get to open up an account with a U.S. broker. That leaves the question: how are you going to move funds in and out of it?
> [@mikasa](#):
>
> Wondering where can I send these dollars to and trade now…
You can buy VWCE or VWRL at IBKR.
The „backdoor“ into VT through assigned options (as someone mentioned above) is something I‘d never recommend - unless someone specifically asked for it.
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [April 29, 2023, 1:06pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/91 "2023-04-29T13:06:11Z")
> [@San\_Francisco](#):
>
> As far as I understand it, Swiss legislation does (will) apply. [See here](https://media.baerkarrer.ch/karmarun/image/upload/baer-karrer/06_SZWRSDA_2019_06_Bahar_Nedwed.pdf), for example (page 628 in particular), too.
This has been discussed to death in this forum over the past 5+ years. I think people went as far as asking the federal authorities for their interpretation.
I don’t think IBKR is being explicitly advertised in Switzerland so would be eligible for reverse-solicitation to begin with. And secondly, there’s the execution-only opt out.
> [@San\_Francisco](#):
>
> I bet that they won’t be doing this for long. It they still do it today at all (Do they? Yuh has stopped offering them as well).
Yuh is very different, it couldn’t claim it wasn’t advertising those ETFs when they’re part of a small list of ETFs being able to be traded. It’s definitely not the same as IBKR, SQ or PF which are real brokers.
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### Author:  [@donato](https://forum.mustachianpost.com/u/donato)
#### Post date: [April 29, 2023, 1:13pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/92 "2023-04-29T13:13:20Z")
Somewhere on the IB web site it’s specified that currency conversion doesn’t count
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### Author:  [@johndoe1](https://forum.mustachianpost.com/u/johndoe1)
#### Post date: [April 29, 2023, 1:44pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/93 "2023-04-29T13:44:26Z")
I vote for keeping calm and drinking some chamomile tea. As far as I can see, this still might turn out to be just some administrative issue, doesn’t it?
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### Author:  [@donato](https://forum.mustachianpost.com/u/donato)
#### Post date: [April 29, 2023, 1:50pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/94 "2023-04-29T13:50:09Z")
I truly hope you are right. However, the response I received by customer service is most likely a “standard” response (I don’t think the wrote it for me expressly). The fact that someone took the time to create a standard response mentioning Swiss residents has me worried.
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### Author:  [@johndoe1](https://forum.mustachianpost.com/u/johndoe1)
#### Post date: [April 29, 2023, 1:53pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/95 "2023-04-29T13:53:34Z")
I get that. Not that this helps much, but given the demand for cheap and more diverse US ETFs, the EU and CH will come under pressure sooner or later, no matter what. Protectionism never succeeds in the end.
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### Author:  [@Nomoney](https://forum.mustachianpost.com/u/Nomoney)
#### Post date: [April 29, 2023, 1:58pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/96 "2023-04-29T13:58:47Z")
My monthly purchase of $2000 in VOO was stopped… The tax benefits and low fees I think we cannot get with any Ireland based ETF, or am I mistaken?
Maybe it’s a sign to stop investing and start gambling…
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### Author:  [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [April 29, 2023, 2:06pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/98 "2023-04-29T14:06:35Z")
> [@Nomoney](#):
>
> My monthly purchase of $2000 in VOO was stopped… The tax benefits and low fees I think we cannot get with any Ireland based ETF, or am I mistaken?
Higher TER and 15% of dividends lost. So you are looking at 0.3-0.5% less return per year.
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### Author:  [@Dots92](https://forum.mustachianpost.com/u/Dots92)
#### Post date: [April 29, 2023, 2:53pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/99 "2023-04-29T14:53:37Z")
Someone with everything in English can confirm if the problem is only related to the language?
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [April 29, 2023, 3:03pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/100 "2023-04-29T15:03:21Z")
It’s not language related, there are not KIDs available for US ETFs.
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### Author:  [@Kronryas](https://forum.mustachianpost.com/u/Kronryas)
#### Post date: [April 29, 2023, 3:26pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/101 "2023-04-29T15:26:31Z")
for USA you can use a synthetic ETF, almost as low TER and no withholding taxes, but it is a synthetic ETF
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### Author:  [@Salming](https://forum.mustachianpost.com/u/Salming)
#### Post date: [April 29, 2023, 3:57pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/102 "2023-04-29T15:57:22Z")
Which instrument would that be?
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### Author:  [@Yanikuza](https://forum.mustachianpost.com/u/Yanikuza)
#### Post date: [April 29, 2023, 4:02pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/103 "2023-04-29T16:02:24Z")
It’s not like you can’t open an account to a swiss broker, but more like they don’t want to open one for you as it implies a s\*\*\* lot of paper work for them in order to comply with FATCA, and other specific legislation for US citizen.
For FATCA, it seems that Switzerland is negotiating with the US to apply the model 1 instead of the model 2 of FATCA which should be a good news for US citizen in Switzerland (it will be easiest to open a bank account for instance).
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### Author:  [@Yanikuza](https://forum.mustachianpost.com/u/Yanikuza)
#### Post date: [April 29, 2023, 4:12pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/104 "2023-04-29T16:12:45Z")
> [@Salming](#):
>
> Which instrument would that be?
I remember that someone here he’s investing in this ETF: [https://etf.invesco.com/sites/default/files/documents/IVZ\_SMSWLD\_FACTSHEET\_EN.pdf](https://etf.invesco.com/sites/default/files/documents/IVZ_SMSWLD_FACTSHEET_EN.pdf)
or this one: [https://etf.invesco.com/sites/default/files/documents/IVZ\_SMSUSA\_FACTSHEET\_EN.pdf](https://etf.invesco.com/sites/default/files/documents/IVZ_SMSUSA_FACTSHEET_EN.pdf)
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### Author:  [@SwissMousse](https://forum.mustachianpost.com/u/SwissMousse)
#### Post date: [April 29, 2023, 6:18pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/105 "2023-04-29T18:18:50Z")
Todays Helpdesk reply:
> Dear Mr. SwissMousse
>
> Thank you for contacting Interactive Brokers Client Services.
>
> The warnings, order cancellations or rejections for instruments without Key Information Documents (KIDs) were related to a temporary technical issue on our side which should have been resolved in the meantime. We are sorry for any inconvenience.
>
> As a Swiss resident for now you should be able to place opening orders for products (e.g. ETFs) without KIDs. You can also resubmit your orders if you would like to.
>
> If this matter requires further discussions, please let us know.
>
> Best regards,
> IBKR Trade Desk
It’s not working yet, but today seems to be maintenance day.
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### Author:  [@donato](https://forum.mustachianpost.com/u/donato)
#### Post date: [April 29, 2023, 6:31pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/106 "2023-04-29T18:31:11Z")
OMG… I got an entirely different response! 🤦♂️😡
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### Author:  [@SwissMousse](https://forum.mustachianpost.com/u/SwissMousse)
#### Post date: [April 29, 2023, 6:41pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/107 "2023-04-29T18:41:28Z")
Well, itś still to see what the response I got is worth. Still got the red dots.
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### Author:  [@pwi](https://forum.mustachianpost.com/u/pwi)
#### Post date: [April 29, 2023, 7:30pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/108 "2023-04-29T19:30:02Z")
Maybe it depends how one asked the question. Would you agree to share it with us @SwissMousse and @donato ?
I have the same issue, order has been canceled for reason of “no trading permission” and would like to write the support too.
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### Author:  [@donato](https://forum.mustachianpost.com/u/donato)
#### Post date: [April 29, 2023, 7:33pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/109 "2023-04-29T19:33:48Z")
Sure, what I wrote is:
> Hello! I see that trade permissions on US ETFs in my portfolio have been removed. However, I reside in Switzerland, not in the EU.
>
> Is it possible to have the trade permissions back?
>
> Thank you!
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### Author:  [@WorkInProgress](https://forum.mustachianpost.com/u/WorkInProgress)
#### Post date: [April 29, 2023, 8:10pm UTC](https://forum.mustachianpost.com/t/solved-i-can-not-invest-in-us-domiciled-etf-anymore-with-ib/10208/110 "2023-04-29T20:10:49Z")
What a roller coaster…
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