Is that EUR 14.99 per trade for Davy's fixed cost? I did a bit of shopping around OiNIck and went with Goodbody's because they didn't have the quarterly charge. I was only looking for one trade and then to set and forget so didn't want an unnecessary quarterly charge amounting. I've just checked the BKIR topup I did was 1% stamp duty and 1.4% Commission costs. (I was only considering Online Only / Execution Only accounts)
Would you consider opening online account with Davys? €14.99 per trade, with a €20 quarterly charge, so if you trade twice per annum you're winning. Also the customer service is very accessible & understanding of the the first time trader.
Thanks for that interesting link, Charlyryan. Always thought a Post Office bank was bound to be a winner, for all the reasons given in the article. Was in my local branch last week and noted the prominent advertising space been given to their new products. But the established banks will do all they can to crush such a threatening competitor, as they did all those years ago when they bought out and then closed down the old PO based Giro bank. But they may not succeed this time round as their power has been considerably weaken by a seemingly unending series of bank scandals. PatMc
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