Firstrade vs Tastyworks

Discussion in 'Retail Brokers' started by paget, Oct 23, 2020.

Firstrade or Tastyworks

  1. Firstrade

    0 vote(s)
    0.0%
  2. Tastyworks

    4 vote(s)
    66.7%
  3. Other, please specify

    2 vote(s)
    33.3%
  1. paget

    paget

    Which of those brokers seems to be more reliable, safe and secure? I don't have much bigger choice as I am from Europe and most US brokerage companies(like Schwab or Fidelity) are not allowing non-US customers. I am primarily into buy and hold ETFs with some extra trades/options on stocks only as secondary.
     
  2. cvds16

    cvds16

    did you have a look at IB ?
     
  3. paget

    paget

    Yes, they are not offering US ETFs for EU customers.
     
  4. rb7

    rb7

    Really!!!!
    ETFs are traded like any regular stocks....
     
  5. paget

    paget

  6. ZBZB

    ZBZB

    www.Schwab.co.uk or https://international.schwab.com/ will let you open an account from Europe.
     
  7. BKR88

    BKR88

    I have a small account at Firstrade but in the U.S. we have SIPC insurance which provides protection from losses up to $500,000 (which includes $250,000 cash).
    If you have any securities protection in EU then don't worry so much about the financial stability of the broker.
     
  8. paget

    paget

  9. paget

    paget

    SIPC protection covers all customers of SIPC covered broker, not only US ones. As for EU broker protection, they do have like EUR20,000(except UK where it's GBP85,000). But beside such protection, there are other things that matter like broker honesty, order execution and filling, customer service or general reliability, ie. those values where big US brokers are unmatched.
     
  10. Dazz

    Dazz

    Reliability, safety and security for a broker can neither be defined or measured; you might as well asf if they serve snacks. Pick something else.
     
    #10     Oct 23, 2020