Broker comparison
Annual cost: trade commissions, custody, FX spread
Profile
| Broker | Trade fees | Custody | Total/yr |
|---|---|---|---|
| Interactive Brokers | $6 | $0 | $6 |
| Local broker (0.2%) | $48 | $20 | $68 |
| EXANTE/premium | $29 | $100 | $129 |
Model: IBKR — $0.35–1 per US-share trade (lite/tiered), no custody; local brokers — ~0.1–0.3% per trade + custody. Key criteria: FX conversion spread, tax forms (W-8BEN), reliability, exchange access.