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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: mungofitch ✹✺🐝 SILVER
SHREWD
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Number: of 6243 
Subject: Re: OT, out
Date: 03/18/25 1:00 PM
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No. of Recommendations: 5
Saxo? Really? I`am a long term customer with mixed feelings, just about to move away. ...
I chose them as the alternative to IB, not my best decision.


Thanks for the comments.

As you note, there aren't many obvious good alternatives. Other than being annoying, do you have particular concerns about Saxo? Would they fall into the category of "good enough"?
Living where I do, the main alternative is wealth management banks, and the fees are eye watering. For example, if you had rolled T-bills quarterly over the last couple of years you'd be losing money because the commissions exceed the yield.

Technically I'm a client of IB UK, not IB US, but I'm not sure how much the corporate distinction would matter in the event that the US passed some rules to the detriment of non-US-persons.

Jim
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This community has written 356 posts about Living Abroad. The article-length ones it recommended most:
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