eToro just sent me an email informing me that Italy will also be affected by the fee increase: €1 for EU/US stocks and €2 for Asian stocks.
Given that I tend to open a lot of small positions, switching to another broker is probably the best choice.

I need some requirements:
+ API (I've developed my trading algorithm)
+ Real stocks (not just CFDs)
+ No fixed/conversion fees (I prefer spread-based fees)
+ EU, US, and HK stocks
+ Fractional shares
+ Based outside the US (though I could make an exception for this)

I'm not asking a lot :)
Does anyone have any suggestions?

I see that several EU countries have zero capital gains tax, at least for assets that have been owned for longer than a couple of years:

https://taxfoundation.org/data/all/eu/capital-gains-tax-rates-in-europe-2024/

Does that mean that the following scenario is possible:

* EU citizen living in an EU country buys €5M worth of ETFs in 2020.

* In 2030 those ETFs are now worth €10M. Capital gains in the country he lives in would be 28% if they are realized.

* Instead, he moves to Malta, Slovakia, or Belgium and becomes a tax resident.

* Sells ETFs and buys them back immediately - e.g., just realizes the gains.

* Since there is no CGT, pay nothing in tax instead of the €1.4M he would have in his prior country of residence.

* Moves back.

Seems too easy somehow.

I've finally started building my savings and want to assess whether my portfolio is on the right track.

I'm 30 years old, and living in Germany. I am comfortable with moderate to slight high risk for a bit of extra growth in the next 10 years. Here's what I have so far:

• 50% in Invesco FTSE All-World ACC
• 20% in iShares S&P 500 Information Tech ACC
• 6% in Bitcoin
• 24% in a Trade Republic 3% interest account (will save here till I have 6-8 months of emergency funds)

Note I'm investing monthly/bimonthly

Hi, I just turned 18 and got some money. Decided to invest 350€ into Handelsbanken AB:s European index fund through nordnet. Is there any advice that you could give me?

Hi, I live in Germany at the moment, but I'm not German. I have some savings that just lay around in my bank account.

Im not planning on staying long in Germany. I'm pretty sure I will be moving within the next 1-3 years somewhere else. And after that most likely again, and again. My and my wife are not planning on having children, buying an apartment is out of the table - I mean the prices are eye watering.

How would you start saving for retirement? Would you open brokerage account in the country you currently live in? And then if you move you'd move the assets? Sounds like a hassle.

I don't want to use something like DEGIRO or IB because I don't believe they will be around 30-40 years in.

Would then maybe open a brokerage account with a "stable" bank in your home country and just keep sending money there?

Thanks for your replies.

Hi everyone! I'm kind of new to this world, as I said I'm 21 living in EU and I'm starting to invest (primarily ETFs). I had already bought a few (percentages refer to total investment of around 1k€), specifically:

iShares S&P500 ~30%

Amundi Lev 2x MSCI USA ~10%

Vanguard FTSE all- world High Divid Yeald ~15%

iShares Physical Gold ~10%

Xtrackers MSCI World Ex-USA ~15%

iShares Emerging Markets ~10%

Not yet bought: ARKK Innovation OR Xtrackers AI & Big Data OR similar ~10%

Do you have any advice? Would a global ETF (e.g. Vanguard FTSE All-World be better? And why?

Big thanks to anyone who will help me out in this! ❤️

Hi everyone,

My savings have been sitting in my account for a few years already, and it's time to put them to work. I'm a complete beginner when it comes to investing, so any advice would be greatly appreciated.

I'm a 28-year-old Spanish citizen living in Dubai, earning around €3K net per month with no major expenses. I'm planning to invest in index funds (as I've heard they have better tax treatment in Spain compared to ETFs) through the MyInvestor app.

That said, I'm moving out of Dubai by the summer, so I’m not considering investing here, even though it might make more sense tax-wise. My plan is to move back to Europe—either Spain, Germany, or Austria, open to other ones if I find an interesting job opportunity there—but I might spend some time traveling or doing a six-month internship in another country before settling down.

Would you recommend MyInvestor for someone like me, who moves frequently? Any other suggestions or similar experiences?

Cheers!

Hello , I am 40 years old and I want to start investing long term (you can call it retirement plan). I don't know what is the best way to make a long term portfolio that is diversified. I am reading about Vwce , go all the way with an SP500 ETF and one all world and you will be fine. I was thinking going 50% Vuaa (accumulated) and 50% V80A (accumulated) because it has 20% bonds so more stable long term. My plan is to put 5k at each and every moth 250 at each for the next 10 years at least.

Sounds like a good plan to you?

30% VUAA 25% VFEM 22% SPPW 22% XMEU

Do you think my portfolio needs any changes?

I'm 25 so long time until retirement and I'm not sure when I'll buy my own apartment so for now I'm just investing. Currently in my stock/ETF portfolio I have 90% ETF and 10% individual stocks.

In the 90% of ETF the distribution is:

75% - iShares MSCI ACWI UCITS ETF (Acc) (IUSQ.DE)

25% - iShares S&P 500 Information Technology Sector UCITS ETF (Acc) (QDVE.DE)

I decided to sacrifice potential profit for more stability and invest in MSCI ACWI, in case US economy has a harder time. I know IUSQ.DE is still ~60% US stocks. However, having some belief in growth of IT sector and a dip when I was buying, I opted for some more exposure to IT companies from S&P500 and bought QDVE.DE, I know there's some overlap.

Just looking for opinions and potential room for improvement since I'm a beginner.

Hey everyone,

Really says it all in title, what do you think about those 2? There charts look crazy.
Would you buy into them now? Are these the only 2 german companies left or what? (given how incredibly negative sentiment is on eu in general and Germany in particular)

Hi,

I’d like to move to Poland due to high cost of living in the UK. I’m interested in sole proprietorship as a consultant software engineer for about 12% tax. Including affordable housing.

I’m in a relationship of 9 years. My partner (Japan) and myself (British+Portuguese) live together and share bills in same house. We’re not married or have a civil partnership.

From what I can read from legal documents, she can join me in this journey as a EU family member if we can prove that we are together for such long. From my interpretation of the law, her status would be of a EU permanent residence. Per government article https://www.gov.pl/web/mswia-en/family-members-of-an-eu-citizen-who-are-not-eu-citizens

I’ve researching for legal support on this subjects, for accounting and tax purposes; and also immigration. But the most responsive Pole team has suggested that she wouldn’t be able to open a business or have access to the Polish job market. But that could work as a freelancer. This sounded quite contradictory to me. Per government article https://biznes.gov.pl/en/portal/001823

My question is given the government information whether she can start a sole proprietorship in Poland?

I’m afraid that they might have misinformed us. I’ve collected this information and sent to them but will take a few days until they get back to us

I'm currently 17yo and live in Austria. I want to start investing, but I'm unsure into which etfs.

I have about 1-2k right now, and another 7-8k in about half a year.

I want to invest it long term, and only take something out if I really need it. I also want to monthly save some money. Also I don't need the money for education since studying is free In Austria and I still live with my parents. I have no monthly expenses.

I have been researching for the last week's, and so far I have come up with two options.

S&P 500 - 50% for growth

Msci world - 50% for diversification

VWCE - maybe 50% for growth

Nasdaq - maybe also 50% for early risk and reward since I have time.

I then want to pay monthly only into the VWCE for a gradual shift away from the nasdaq.

Do these make any sense?

Are there any better options?

I've been offered 2.45% fixed for 5 years in Malta, which is pretty good IMHO. It makes buying attractive vs rent, despite high prices in Malta. If you can get an eco friendly home the rate can be 1.5% for 5Years.

Hello, I have been doing ecommerce until 2018 then sold the business, then made money from investing in stocks.

I now have 150k liquid on bank acc, i don't wanna touch this. not the sum i want to invest in any way. I own house paid cash, no expenses related to it. also no loan. living in a fully tax free country. 1000 a month is enough to support my lifestyle.

I have total of 600k eur liquid on broker account. What would be a strategy to invest it for passive income? I would like to make 2k a month from it.

I am self taught and always kept it simple, investing on a single stock, holding, selling.always got it right so far, luckily :) Curious to know what other popular strategies could be.

I feel like every ETF I look at has a large chunk of the same holdings, people say x is more technology and y is more US companies but it’s all the same unless I’m missing out on something. Both of my ETFs are growing and dipping at the same time which leads me to believe they are borderline the same. Are there any ETFs that obviously grow that isn’t - AAPL, NVDA, MSFT, AMZN etc? Or should I just start looking at individual stocks?

I have used N26 app for investment in ETF when I lived in Germany for a few years, but now I do live outside of Germany for some time. If I want to exit that ETF, will I need to pay taxes of German or my local capital gains? The other question is if I can somehow move my money from N26 to some other service like TradeRepublic without paying thr tax on it?

(Cross posting here to reach wider audience)

Hey everyone, I’m in my early 30s and looking at building my portfolio. Instead of going with an all-world ETF (VWCE), I’m thinking about breaking it down into these individual ETFs:

• A3EUC1 - SPDR S&P 500 UCITS ETF
• DBX0VH - Xtrackers MSCI World ex USA UCITS ETF 1C
• A111X9 - iShares Core MSCI Emerging Markets IMI UCITS ETF
• A2DWBY - iShares MSCI World Small Cap UCITS ETF

A few reasons I’m considering this approach:

1. Regional Flexibility: This lets me tweak my exposure to different regions, like lowering my U.S. exposure in favor of Europe or emerging markets, without having the U.S. dominate my entire portfolio.
2. Targeted Asset Class Exposure: I can get more specific exposure to small caps, which I think could give me better growth potential over time.
3. Risk Management: Since I’m still in the early stages of my career, I’m okay with some volatility, but I want to manage it by diversifying across different markets and asset sizes.
4. Adjustable Allocations: With these ETFs, I can adjust my allocations more easily based on how I think certain markets will perform, which I don’t feel I’d get as much with an all-world ETF.

I’m still evaluating my allocation, especially considering my risk tolerance and the fact that the S&P 500 seems overvalued right now. Would love to hear thoughts from anyone who’s tried this kind of setup or has any advice.

Thanks in advance!

Hello, I'm thinking get a job in Austria and I am considering all tax aspects.

Can someone shed some light on these two questions:

1. If I decide to move away from Austria one day, would the exit tax apply to stocks held in a US account?

2. Would it be possible to place a rental located in the US in a US-based holding company (LLC) to avoid income in Austria. The profit generated from the rental would remain in the holding company. At some point, I would pay myself a management fee and expect to pay income tax in Austria. My question if I do not pay myself any income from the holding company in the US, can I avoid paying taxes on the holding company's profits so long as they remain in the holding company's account?

Any insight into any of this is greatly appreciated.

Thank you in advance!

Hi everyone,

I'm looking for a way to protect at least part of my cash from inflation without sacrificing too much security and liquidity. I came across the XEON (Xtrackers II EUR Overnight Rate Swap UCITS ETF 1C), which seems to track the euro overnight rate.

I was wondering if it could be a good alternative to savings accounts, given that its returns should follow interest rates, without time constraints and with the flexibility to exit at any time. However, I have some doubts:

What are the actual risks of this ETF compared to a savings account?

Is there a risk that returns could turn negative under certain conditions?

Has anyone here been using it for cash management?

I’d love to hear your thoughts and experiences!

Thanks in advance!

I became spanish citizen (I haven't lived there yet). I work as a freelancer for a US company. I would like to move to Europe, but don't want to get killed with taxes.
Any advices under 2025 regulations? Thanks!

Hi everyone,

I'm looking for information on how Trade Republic handles adjustments to the average cost basis of accumulation ETFs, particularly in terms of taxation in Austria. I know that Flatex.at automates this process using specific formulas to calculate capital gains, taxable ETF gains, taxes paid, and the percentage of taxes paid, and consequently updates the average cost basis of the accumulation ETFs correctly.

I want to know if Trade Republic also automatically updates the average cost basis of accumulation ETFs when generating the fiscal report that will be submitted to the Austrian tax authority (Finanzamt). If not, how do users manage this manually?

Here are the formulas used on Flatex.at ( https://my.oekb.at/kapitalmarkt-services/kms-output/fonds-info/sd/af/f?isin= ) for reference:

In the following some equations suitable for the final calculation:

1. Capital_Gain = Österreichische_KESt × #Shares
2. Taxable_ETF_Gain = Value_Year_After - Value_Year_Before
3. Tax_Paid = Capital_Gain / USDEUR
4. Percentage_Tax_Paid = (Österreichische KESt × 100) / (Taxable_ETF_Gain × USDEUR)

Where:

• {Österreichische KEST} is the value provided by the Fund to Öekb (USD).
• Value_Year_After (USD) is the ETF value at the date when KEST is provided.
• Value_Year_Before (USD) is the ETF value one year before.
• USDEUR is computed at the date when KEST is provided.

Does Trade Republic provide similar automated functionality to update the average cost basis, or do users need to calculate these values manually? If manual calculations are required, what methods or tools do users use to track their capital gains from accumulation ETFs?

Thank you in advance for your insights.

I will inherit 100,000 euros shortly, I am looking for guidance and suggestions regarding what I should/could do with it.

About me:

• In my 30s, living in Czechia
• salary is roughly 2500/month
• not a homeowner, but my "rent" is very low (just contributing 400 euros, my partner is the apartment owner)
• 6 months emergency savings
• saving 1000 euros to SP500 ETF each month
• current portfolio is 70% ETF, 30% BTC (not on purpose, it started much lower)

The no-brainer would be to invest the lump sum into my SP500 ETF. However I am curious to read your suggestions.

I was raised with the belief that you should own your own place and it does bother me to know that I could rent forever. I am not planning on moving out at the moment but anything could happen with my current partner. And in the event of a breakup, I'd like to have my own place.

But if I buy an apartment now, I'd have to worry about renting it and that's a hassle.

A decent apartment in my city starts at 235,000 Euros and the mortgage interest rate is 4,5+% from what I've seen.

Any thoughts?

Hey everyone,

1. I have 50% of my ETF portfolio in SP500 but would like to sell this and re-invest in EU. Anyone has recommendations for a similar type ETF?

2. Also consider to sell my 25% investment in global small caps and putting into EU. Also would gladly accept alternative EU ETF suggestions?

3. Finally, I also have a new pot of savings that I need to invest on a 5 year horizon. Here I am also glad to take any suggestions for EU based ETS with this time horizon.

• 99.98% VWCE

• 0.02% cash (I dont wanna do fractional shares)

All opinions/help are very much welcomed, thank you

Hi, I am trying to create a portfolio for 25years time horizon, I am 35 Years old, what do you think about this allocation? Investing 2000€ per month.

40% MSCI ACWI (IUSQ)

15% SP500 IT SECTOR (QDVE)

10% MSCI USA Small Cap Value Weighted (ZPRV)

20% MSCI World Momentum (XDEM)

7.5% Xetra-Gold (4GLD)

7.5% Bitcoin

All opinions/help are very much welcomed, thank you

My entire portfolio is S and P 500. I want to keep a smaller portion (10 percent) with possibly higher gains while still limiting the risks.

I am considering moving 10 percent of my portfolio to

1.Invesco QQQ Trust (QQQ)

2.Vanguard Information Technology ETF (VGT)

3.FTEC

4.All 3 equally

I highly prefer accumulating ETFs. If you think its a good idea could you also mention accumulating etfs tracking these two ?

edit: Added ftec

Hey all, I have an account with Fidelity and two years ago they stopped allowing ETF purchases due to my European residency. Also can't buy ETFs in Europe as you all know.

I came across some posts saying it would be possible using options, anyone know whether this works with Fidelity and is there a tutorial for this somewhere?

Just want to buy VOO and chill. Thanks

Hello, are there any significant differences/advantages between these 2 SP500 accumulating ETF ?

- Ishares I500 (IE00BMTX1Y45), synthetic, 0.05% TER

- Invesco SPXS (IE00B3YCGJ38), synthetic, 0.05% TER

From my research, the Ishares I500 has lower trading fees, higher volume, and lower bid/ask spread, so it seems the best.

Remark: I invest in EUR using Interactive Brokers and I am only looking at accumulative ETF, with a preference for synthetic because of their better performance.

By the way, would there be an advantage to use the physical version of the Ishares (SXR8), other than potential lower bid/ask spread and higher volume ?

Thanks in advance for your help.