I've been using Nevis for 3 years and so far so good. Prior to that I used Echotrade for 11 years. Downtime was more frequent at Echo than Nevis....
Arnie, If they implement 0.01% tax, it will gradually increase. Very hard to remove a tax after it's implemented.
Thanks, your answer makes sense. In the end it will be a trade off, I guess.
I traded some Italian ADRs just to test (thtough IB). IB charged me with FTT. So it seems like IB accepts this tax without any hesitation. What...
Hi, I like to trade ADR's. Are daytrades in French ADR exempt? I have tried to find info, but can't find any at IB's website.
"The Commission and the Parliament have argued that the tax will encourage pension funds to buy and hold assets to maturity." If so, it shows...
Interesting development. I still think it's more likely FTT will not happen than it will. Edit: I mean in Europe, not US.
It's beyond me how this can be legislated. This is so far reaching and I find it hard that they can agree on this.
The last link proves that most people give a damn until it happens.
I'm envious that you can manage to ignore all this talk of the FTT. I can't. Not because I trade for a living, but more for my pensions. The rates...
Good for you! What do you do when they make a FTT on the Kospi? Trade the OBX in Norway or in Moscow?
Hi, I live in Latvia. It's impossible to know what they will vote. Politics is not as common among people here as in the West, so it's always...
Isn't it better to focus on the pensions? Most people give a damn whether you have to stop trading. If they levy an FTT this will most likely...
Handelsblatt says there must be other reasons for moving than just to circumvent the FTT. If not, they'll overrule it (the EU). That's what it says.
This attitude is pissing me off: a new tax is all right as long as there is an exemption for themselves. The next time it will boomerang. Why...
Funny stuff. How do they know it's pensions? I have 40% of my pensions in those evil hedgefunds. I guess you have to pay the tax if you manage...
Hi, As regards Southall's last comment: You UK's stamp tax has territorial reach? I wasn't aware that, if that's the case. I have traded many...
If Britain votes yes, that is a pity no matter what. Who knows what the future brings?
âThe FTT will apply to financial institutions transacting French-issued shares anywhere in the world. This is similar to the UK stamp duty and...
Let's say they do it, then accountants will have a lot to do by setting up corporations all over the world to avoid the tax (?). And what is a...
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