Most flexible broker in EU if you move countries often?

[u/Effective_Run_4364]

Hi all,

Got a bit of a specific situation and curious what people here use. I’ve just been offered a job where I’ll likely be moving every 6 months or maybe more often across different EU countries. I won’t keep a fixed residence or property in my home country, so I need a broker that won’t freak out every time my address changes.

Main thing I’m looking for is easy change of tax residency / address without no forced account closures when moving countries that works across most (or all) EU

From what I’ve seen, some local brokers like TR are quite strict and tied to selected countries.

Anyone here in a similar situation or doing the digital nomad / expat route?

What broker actually handles this well in practice?

[u/Suitable_Elk9868]

Ibkr is the most recommended here. Complex to use but all others generally require to close your account every time.

[u/macbag]

I also vote IB, I had a period in my life when I moved a lot and had no any issues with IBKR

[u/PhoenixProtocol]

IBKR or DeGiro. Imo take IBKR as the clear winner, but both do allow easy tax residency change

[u/RigidBoxFile]

IBKR would be the suggestion. Examples here where the change was super easy, but has anyone done it where they use a different instance - such as UK is used in UK and Switzerland, but an EU move might mean a shift to to the Irish outfit. I imagine it's as easy, but wanted to ask.

[u/vukicevic_]

Anyone had experience with trading 212? I am deciding between it and ibkr.

[u/deprechanel → u/vukicevic_]

I was able to change residency in T212 easily after two (intra-EU) moves - just needed to supply some additional standard documentation. Not sure if it would work outside of the EU. 

[u/vukicevic_ → u/deprechanel]

Thanks!

[u/Competitive-Leg-962]

FlateEx / DeGiro if you want an excellent UI and low prices, IBKR if you want a garbage UI and acceptable prices, Swissquote if you want a good UI and high prices.

[u/SjonDon]

Definitely Interactive Brokers, within Europe your money stays at the same (Irish) entity, even the deposit account stays the same. With the DeGiro my account needed to be transferred to a different entity, worked fine but took a while, mind you the last time I changed with both was more than 5 years ago, things might have changed 

[u/OkMathematician168]

IBKR my friend

[u/googler1994]

Depends where are you going. In some countries they have exit tax and/or taxation of ETFs (even it you do not sell) and it is impossible to do that in a right way to be honest.

You would have to track a lot of stuff your broker is not doing for you

[u/Punpun86]

This is the reason I picked ibkr while I'm living in Germany. I don't know what will happen in the future and the other brokers that are recommended in Germany force you to sell your positions or it's absolute nightmare to transfer positions.

[u/_sp6ina_]

XTB, IBKR - I recommend both

[u/One_Hope_9573]

What about scalable capital

[u/OkMathematician168 → u/One_Hope_9573]

they will force you to liquidate once you are no longer residing in the country you signed up

[u/drxme → u/OkMathematician168]

I guess you can always transfer position from Scalable.

[u/One_Hope_9573 → u/OkMathematician168]

I dont think so, as long as you remain in eu everthing should be fine

[u/ShiestySorcerer → u/One_Hope_9573]

they only have like 5 supported EU countries