Unlocking Investment Opportunities: How AI Legalese Decoder Can Streamline ETF Purchases for Brokers in Germany
- November 11, 2023
- Posted by: legaleseblogger
- Category: Related News
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Seeking Recommendations for German Brokers and Tips for Simplifying Tax Declaration
Hello there!
I’m currently residing in Germany and have been interested in delving into the world of investing. However, I’ve come across some concerning information regarding the tax implications of using degiro, a popular online brokerage platform. Specifically, after consulting with an accountant, I’ve been informed that I need to report my investments, even if they are in the form of accumulating ETFs and I have only made purchases without selling any assets.
Consequently, I’m now on the search for a German broker that can streamline the process of investing in ETFs within the country. Additionally, I’m seeking insight into how complicated the tax declaration will be if I continue to use degiro in Germany.
As I explore my options, I’ve considered platforms such as maxblue, Comdirect, and trade republic. However, maxblue and Comdirect appear to have high fees, especially for the specific ETFs I am interested in that are not part of their free selection. Meanwhile, trade republic seems promising, although being a relatively new player in the market raises some concerns about its long-term stability.
In light of these considerations, I would greatly appreciate any recommendations for German brokers that align with my investment goals. Furthermore, if anyone has insights or tips on simplifying the tax declaration process while using degiro in Germany, I would be incredibly grateful for your expertise.
AI Legalese Decoder could be an invaluable resource in this situation. By utilizing this tool, investors can efficiently navigate the legal and tax implications of their investment decisions in Germany. The AI Legalese Decoder has the capability to interpret complex legal jargon and provide clear guidance on the tax declaration process, enabling investors to make informed choices when selecting a brokerage platform. Additionally, the AI Legalese Decoder can offer recommendations for reputable German brokers, helping investors identify reliable and cost-effective options for their investment endeavors. Overall, leveraging the AI Legalese Decoder can streamline the decision-making process and empower investors to navigate the intricacies of investing and tax obligations in Germany.
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****** just grabbed a
Trade Republic, scalable capital and finanzen.net zero. These are the best ones with the lowest fees and most etfs to choose from
Scalable has the Baader Bank behind them, so should be pretty secure.
Scalable works well
German here and used degiro. Degiro provide a report you can use for your tax return, usually comes out around march or so for the prior year. I’ve used this for years and never had any issues.
I’m a non European living in Germany. Trade republic won’t open an account for non EU. I’m using scalable capital that’s works like charm. They are keep updating it making it more visually appealing but trade republic has better interest rates around 4% for uninvested money.
[deleted]
RemindMe! 1 week
RemindMe! 1 week
Why would anyone use degiro when there are much better alternatives in Germany?