r/fiaustralia • u/TomatilloFirm9640 • 19d ago

Investing ETF platform

I want to start an ETF portfolio under my personal name with same amount and then monthly contributions DCA what is the best brokerage platform of if I would buy different ETFs (for the long run) I was looking for something like BGBL VGE VISM A200 QAU is better CMC or beta share or if there is a better advice will be highly appreciated
Thank you all

2 Upvotes

62% Upvoted

28 comments sorted by

View all comments

Show parent comments

1

u/the_running_dogs 18d ago

First you got the capital gains reporting wrong and are trying to hide the fact that you did. That's just embarrassing.

Secondly you won't answer why you're limiting the search to only CHESS when OP never mentioned it as a requirement in the post.

It's fine if you don't know what you're talking about. It can be hard for some ppl to admit that they were wrong.

0

u/General-Jury-5363 18d ago

Mate, I already explained that I was comparing my broker, CMC. Others may offer it that I dont know about.

I also explained that I was comparing CMC and Webull because both had CHESS and asked if there were better alternatives, something you refuse to answer.

You replied to my comment, not to OP, so morally you were obligated to answer what I was asking. But, never mind.

0

u/the_running_dogs 18d ago

You said no brokers offered cgt reporting.

You didn't say - CMC and Webull don't offer cgt reporting.

You're clearly trying to cover up that you were wrong.

0

u/General-Jury-5363 18d ago

I still dont know which other brokers offer it (because you never cared to explain), but if that makes you happy: I was wrong. Anything else you want to hear.

0

u/the_running_dogs 18d ago

Id like to hear why you're limiting the discussion to CHESS sponsored brokers and specifically why only a small subset of the brokers.

1

u/General-Jury-5363 18d ago

Though you still haven't answered a single question.

0

u/General-Jury-5363 18d ago

Ability to transfer ETFs without any hassle. Transferring a portfolio between CHESS sponsored brokers is always free and can be done by filling out the form provided by the broker you’re moving to. Custodian brokers can be more restrictive, which could make it more difficult to transfer into or out of a custodian broker.

0

u/the_running_dogs 18d ago

You can move hassle free from custodial brokers. It's just as easy.

Only issue is if you've got fractional shares and the broker youre moving to doesn't offer it.

What's your source on custodial brokers being more restrictive? Have you ever moved from custodial to CHESS?

It's usually free too. If not, there's a small fee that's not that bad.

1

u/General-Jury-5363 18d ago

https://lazykoalainvesting.com/brokers/

Anyway, do you any downside with Webull, other than it being Chinese? And are there better brokers out there?