1Lun
It's my main broker and have no problem whatsoever with it.
You can't trade American ETF because most of them don't comply with the European union law that forces ETFs to distribute something called " Key Information Document " for European Union citizens, and as mentioned, most of the ETFs fund don't bother with EU administrative nightmare.
PS : some advice with revolut :
1. Always make sure to be able to prove them your funds provenance ( salary certificate etc. ) in case of random control
2. This random control virtually never happens for normal users , but it's regular on the people using Revolut for trading cryptocurrencies. That's their way or staying out of trouble with authorities and that's completely justified.
You can't trade American ETF because most of them don't comply with the European union law that forces ETFs to distribute something called " Key Information Document " for European Union citizens, and as mentioned, most of the ETFs fund don't bother with EU administrative nightmare.
PS : some advice with revolut :
1. Always make sure to be able to prove them your funds provenance ( salary certificate etc. ) in case of random control
2. This random control virtually never happens for normal users , but it's regular on the people using Revolut for trading cryptocurrencies. That's their way or staying out of trouble with authorities and that's completely justified.
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1Lun
@ScorpionfromBW SCHD isn't in revolut ( I just checked it )
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1Lun
@ScorpionfromBW I have absolutely no idea :/
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•@Jo_Wolf ok thank you anyway
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@ScorpionfromBW The ETF should work at Interactive Brokers. But taxes will certainly be fun there😅. Just hearsay, but they are probably not really tax-simple. But worldwide trading venues, non-UCITS ETFs possible etc.. I don't use the broker myself.
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I currently only use it for my stays in Hungary. Transferring money, changing it into forints and paying with Apple Pay using the virtual credit card works great, I can only recommend it to anyone. The fees at the bank for payments abroad and the exchange rate are otherwise terrible in Austria and much cheaper with Revolut because you don't pay anything for the payments, only for the exchange. Up to 1000 euros per month at least free of charge.
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