ETF stock market while living in Portugal

30POSTS

2 years ago

Hi guys,

I need suggestions on a reliable ETF stock broker I can use to invest in a basket of securities or portfolio while I am living in Portugal. Preferably an international stock broker. I'm from Africa and I'm living in Portugal.

Just looking for a simple way to stack a few thousand EUROs and wait for some monthly, quarterly or yearly dividends.

Any recommendation in your experience would be appriciated.

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slugsurmamates Serial expat

255POSTS

2 years ago

@bloggerblogger

I've used Hargreaves Lansdown in UK for years - ETFs , private pension, investments etc.

Their costs reasonable, large choice of funds, great service and online app.

Good luck.

bloggerblogger Active member

30POSTS

2 years ago

@bloggerblogger
I've used Hargreaves Lansdown in UK for years - ETFs , private pension, investments etc.
Their costs reasonable, large choice of funds, great service and online app.
Good luck.

-@slugsurmamates

It looks like Hargreaves Lansdown is available to the UK only? I am from Africa and I live in Portugal. What options do I have?

slugsurmamates Serial expat

255POSTS

2 years ago

Not sure. Never attempted to use a broker or buy in Portugal, sorry

Maybe you need a UK bank account.

Was simple for me as I am from UK.

VPN?

Mydeliveries Active member

57POSTS

2 years ago

Maybe Exante, although I’m not a client of theirs

bloggerblogger Active member

30POSTS

2 years ago

Not sure. Never attempted to use a broker or buy in Portugal, sorry
Maybe you need a UK bank account.
Was simple for me as I am from UK.
VPN?

-@slugsurmamates

Hmm I see. Maybe GBP account with Wise + VPN should work?

JohnnyPT Portugal Expert

5257POSTS

2 years ago

@bloggerblogger,

https://www.deco.proteste.pt/investe/in … fundos-etf

_____

Some suggestions here:

https://www.big.pt/OndeInvestir/ETFs/Pesquisar

https://www.degiro.pt/precario/etf-core-selection

https://www.xtb.com/pt/servicos/informa … entos#etfs

(...)

ctomac Contributor

120POSTS

2 years ago

Smaller sums (a few thousand to a few tens of thousands euros) - you're probably better off with Interactive Brokers Ireland - commissions based on the number of shares you trade.

Sums larger than that - DeGiro is better since they have a fixed 3 euros commission. Even better, DeGiro have a list of ETFs that you can choose for and which only have a 1 euro commission.

These two are the cheapest I have found so far (and this is important, since commissions can really eat your capital, especially if you're trading frequently).

bloggerblogger Active member

30POSTS

2 years ago

Smaller sums (a few thousand to a few tens of thousands euros) - you're probably better off with Interactive Brokers Ireland - commissions based on the number of shares you trade.
Sums larger than that - DeGiro is better since they have a fixed 3 euros commission. Even better, DeGiro have a list of ETFs that you can choose for and which only have a 1 euro commission.
These two are the cheapest I have found so far (and this is important, since commissions can really eat your capital, especially if you're trading frequently).

-@ctomac

Hmm I will have a look