Afternoon all.
I've been lurking here for a while, but the only tool I see people talk about using is RobinHood. That's all very well and good for those in USA/AUS, but it's sadly not available for us Brits.
What do you suggest as an alternative? Can any other Britbongs weigh in on what they've had a good experience with?
I'm looking for something ideally with a low per-trade cost; I have about a grand to cover any minimum deposit schemes.
>>1341637
>What do you suggest as an alternative
Flush your dollars down the shitter?
That's about equivalent.
>>1341685
>Recommendations
You're gambling, I take it?
Not in for the long term?
>>1341689
Looking to do a bit of both. Will probably invest a sizeable amount in vanguard/intel/amazon/apple and do some day-trading with a smaller chunk.
>>1341695
For your long term, just find any broker. The variance on commission between them isn't going to amount to much. It won't matter anyway, as these will be your only buys for a while.
For the gambling, just go to a casino.
Trading is incredibly difficult as it is, and that's assuming you have tens of thousands of dollars and the advantages that come with a margin account.
Trying to play that game with an app is laughable.
>>1341742
I didn't necessarily mean an app, I meant any sort of trading platform. Web/Desktop/App based doesn't matter to me.
You'd advise not bothering trying to learn day trading, then? Rather just stick to the funds and index trackers?
>>1341753
Well, that's sort of the problem.
Trading in financial markets is unsuitable for almost everyone. It's difficult even for those who have the large amounts of capital required to demand margin, leverage, after-hours access, etc.
As a result, attempting it with a regular brokerage (or god forbid, some basic phone app) that lacks all of these things is an almost guaranteed fail.
>>1341778
I see. Thanks for the pointers, anon.
How do you personally invest savings?
>>1341808
>personally invest
As far as "in", diversified across the spectrum.
As far as "through", Morgan, TD, Fidelity, Vanguard, etc.
This isn't a recommendation. It's more that different entities specialize in different vehicles, and you tend to collect them the more things you invest in.
Like Morgan, for example.
I have them manage a large chunk of capital, but they're not great for buying commodities, or other non-standard investments.
Invest the bul of your money in safe stuff like index funds. Reserve some fun money to blow on day trading if you want to learn the ropes - money you would have spent anyway on vidya or whatever. No harm no foul, and you might earn something.
