Ireland domicile shares - Dividend Machines by The Fifth Person

Q&A › Category: Dividend Stocks › Ireland domicile shares

Candy Lee asked 4 months ago

Hi I am comparing between Interactive brokers and Syfe to start buying Ireland domicile shares (CSPX). Could u advise what are the factors to consider besides commission for buy and sell, inactivity fee, monthly fees, exchange rates, anything else to note?

Will there be any difference if I buy via IB or Syfe these Ireland domicile shares ? Or it’s just purely what each of them charge?

thanks!

3 Answers

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Rusmin Ang Staff answered 4 months ago

Hi Candy, I would personally buy it directly with a broker like IBKR. There shouldn't be any hidden fees for holding an ETF except the applicable tax rate of 15% for the dividends received.

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Candy Lee answered 4 months ago

Hi Rusmin can you elaborate why you would choose IBR? As I’m leaning towards Syfe with their 2 free trades as I’m not going to trade heavily.

regards candy

Rusmin Ang Staff replied 4 months ago

Do Syfe have access to London Stock Exchange? CSPX is listed in LSE.

The brokerage fee is generally very low, especially if you do not trade that often. IBKR will allow you to access multiple markets at very affordable price as well.

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Pat Tan answered 3 months ago

Hi Rusmin Like Candy, am trying to buy US stocks through Interactive, do they charge a custody fee per month/quarter for the shares kept under them. Pat

Rusmin Ang Staff replied 3 months ago

No. They don’t charge custodian fees but just like other brokers, they will pass through any fees (ADR) that are charged to them.

Pat Tan replied 3 months ago

Tks Rusmin.