# Broker FAQ šŸ“ˆ **URL:** https://community.brokerchooser.com/c/broker-reviews/7.md [Latest](https://community.brokerchooser.com/latest.md) Ā· [Categories](https://community.brokerchooser.com/categories.md) Ā· [Tags](https://community.brokerchooser.com/tags.md) --- ## [About the Broker FAQ šŸ“ˆ category](https://community.brokerchooser.com/t/about-the-broker-faq-category/30)
**Author:** [@system](https://community.brokerchooser.com/u/system)\ **Replies:** 0\ **Last updated:** [October 27, 2023, 6:25am UTC](https://community.brokerchooser.com/t/about-the-broker-faq-category/30 "2023-10-27T06:25:06Z")
Explore and inquire about brokers! Ask your questions and share your experience about broker services, such as fees, deposit options, and problems you encounter. --- ## [InversiĆ³n en XS Insvestment](https://community.brokerchooser.com/t/inversion-en-xs-insvestment/3506)
**Author:** [@PartTimeShingle6109](https://community.brokerchooser.com/u/PartTimeShingle6109)\ **Replies:** 1\ **Last updated:** [September 17, 2026, 8:12pm UTC](https://community.brokerchooser.com/t/inversion-en-xs-insvestment/3506 "2026-09-17T20:12:08Z")
Hola, he invertido en XS Insvestment y ahora no logro contactar con nadie y no responden chat ni correos. Creo que es una estafa --- ## [Is there anyway to trade legally trade very short-term Contracts on NAS100 or BTCUSD in USA?](https://community.brokerchooser.com/t/is-there-anyway-to-trade-legally-trade-very-short-term-contracts-on-nas100-or-btcusd-in-usa/3461)
**Author:** [@GradualDesert6564](https://community.brokerchooser.com/u/GradualDesert6564)\ **Replies:** 2\ **Last updated:** [September 15, 2026, 1:34pm UTC](https://community.brokerchooser.com/t/is-there-anyway-to-trade-legally-trade-very-short-term-contracts-on-nas100-or-btcusd-in-usa/3461 "2026-09-15T13:34:47Z")
So, from a link on Threads about stock tips, I ended up joining a Whatsapp group, and like so many other groups, they quickly want you to deposit money into some platform that shares similar names to legit platforms, andā€¦ --- ## [Lynx credit interest rate ](https://community.brokerchooser.com/t/lynx-credit-interest-rate/3420)
**Author:** [@UntouchedDerriere3476](https://community.brokerchooser.com/u/UntouchedDerriere3476)\ **Replies:** 2\ **Last updated:** [April 19, 2026, 2:04pm UTC](https://community.brokerchooser.com/t/lynx-credit-interest-rate/3420 "2026-04-19T14:04:48Z")
https://brokerchooser.com/invest-long-term/learn/cash-yield-at-lynx is wrong. It says the USD credit rate is 3.38% (above 10k, with NAV above 100k). But thatā€™s IBKR rate. Lynx applies a 2 % markdown, so the rate is 1.38%ā€¦ --- ## [Is valetax a safe broker?](https://community.brokerchooser.com/t/is-valetax-a-safe-broker/3222)
**Author:** [@VirtualSpanking1244](https://community.brokerchooser.com/u/VirtualSpanking1244)\ **Replies:** 1\ **Last updated:** [October 31, 2025, 9:32am UTC](https://community.brokerchooser.com/t/is-valetax-a-safe-broker/3222 "2025-10-31T09:32:54Z")
Has anyone here traded with them long term or withdrawn funds successfully? Iā€™m thinking of opening an account but wanted to hear some real experiences first. --- ## [DRS process and its reverse: how to get the stock paper certificate from the broker and to give back to the broker](https://community.brokerchooser.com/t/drs-process-and-its-reverse-how-to-get-the-stock-paper-certificate-from-the-broker-and-to-give-back-to-the-broker/3234)
**Author:** [@DisparagingBeech9661](https://community.brokerchooser.com/u/DisparagingBeech9661)\ **Replies:** 1\ **Last updated:** [October 31, 2025, 8:53am UTC](https://community.brokerchooser.com/t/drs-process-and-its-reverse-how-to-get-the-stock-paper-certificate-from-the-broker-and-to-give-back-to-the-broker/3234 "2025-10-31T08:53:39Z")
I cannot find any information about security DRS - Direct Registration of the Security -process in the Broker Chooser website. I suggest Broker Chooser adding a new parameter in the classification of the available brokerā€¦ --- ## [Cryptomart asking for withdrawal fee in advance?](https://community.brokerchooser.com/t/cryptomart-asking-for-withdrawal-fee-in-advance/3009)
**Author:** [@AffordableBroil4964](https://community.brokerchooser.com/u/AffordableBroil4964)\ **Replies:** 7\ **Last updated:** [September 18, 2025, 5:24pm UTC](https://community.brokerchooser.com/t/cryptomart-asking-for-withdrawal-fee-in-advance/3009 "2025-09-18T17:24:11Z")
submitted a withdrawal and got a message that I had to pay a 5% fee in advance..I am assuming this is a scam but am wondering if there is anything I can do about it?..I have already given them more money than I want to tā€¦ --- ## [Withdrawing USD from Interactive Brokers to Revolut](https://community.brokerchooser.com/t/withdrawing-usd-from-interactive-brokers-to-revolut/2777)
**Author:** [@kgjanko](https://community.brokerchooser.com/u/kgjanko)\ **Replies:** 0\ **Last updated:** [May 5, 2025, 2:30pm UTC](https://community.brokerchooser.com/t/withdrawing-usd-from-interactive-brokers-to-revolut/2777 "2025-05-05T14:30:01Z")
Has anybody tried this withdrawal? What are these fees? When I tried to set up this method on the IBā€™s platform, IB also asked for a correspondent bank. Why was that? --- ## [Critical Failure on RoboForex Mobile App During Trading](https://community.brokerchooser.com/t/critical-failure-on-roboforex-mobile-app-during-trading/2765)
**Author:** [@HilariousCampaigner1000](https://community.brokerchooser.com/u/HilariousCampaigner1000)\ **Replies:** 0\ **Last updated:** [May 5, 2025, 7:46am UTC](https://community.brokerchooser.com/t/critical-failure-on-roboforex-mobile-app-during-trading/2765 "2025-05-05T07:46:17Z")
On March 31, 2025, during active XAU/USD trading hours, the RoboForex Mobile Trader app became completely unresponsive. I was unable to open, close, or modify any positions for a long period of time ā€” in the middle of maā€¦ --- ## [Trying to sell Santander UK shares](https://community.brokerchooser.com/t/trying-to-sell-santander-uk-shares/2534)
**Author:** [@Adey](https://community.brokerchooser.com/u/Adey)\ **Replies:** 1\ **Last updated:** [March 10, 2025, 1:09pm UTC](https://community.brokerchooser.com/t/trying-to-sell-santander-uk-shares/2534 "2025-03-10T13:09:37Z")
I am an HSBC UK bank account holder living in Spain, I also have a Sabadell bank account in Spain, my problem is I have some Santander shares which I was gifted when I lived in the UK, they are currently held by the Santā€¦ --- ## [Opening Interactive Brokers (IBKR) account with Global Trader App](https://community.brokerchooser.com/t/opening-interactive-brokers-ibkr-account-with-global-trader-app/2435)
**Author:** [@FrostedConfirmation9040](https://community.brokerchooser.com/u/FrostedConfirmation9040)\ **Replies:** 5\ **Last updated:** [February 24, 2025, 5:55pm UTC](https://community.brokerchooser.com/t/opening-interactive-brokers-ibkr-account-with-global-trader-app/2435 "2025-02-24T17:55:55Z")
If Iā€™m a U.K. expat living in Cyprus what should I put as the base currency when registering to open an account with IBKR, EUR or USD? This may be the first of a few questions over the coming days/weeks as I begin to naā€¦ --- ## [Tradier Investor Protection](https://community.brokerchooser.com/t/tradier-investor-protection/2455)
**Author:** [@rho4](https://community.brokerchooser.com/u/rho4)\ **Replies:** 1\ **Last updated:** [February 10, 2025, 1:55pm UTC](https://community.brokerchooser.com/t/tradier-investor-protection/2455 "2025-02-10T13:55:35Z")
The BrokerChooser comparison says for Tradier: ā€œInvestor Protection - Yesā€ But on their website bottom disclaimer it says: --- ## [How can transfer all my stocks from capital.com to IBKR?](https://community.brokerchooser.com/t/how-can-transfer-all-my-stocks-from-capital-com-to-ibkr/2203)
**Author:** [@Bogdan](https://community.brokerchooser.com/u/Bogdan)\ **Replies:** 7\ **Last updated:** [February 3, 2025, 9:56am UTC](https://community.brokerchooser.com/t/how-can-transfer-all-my-stocks-from-capital-com-to-ibkr/2203 "2025-02-03T09:56:54Z")
Hi all. My name is Bogdan and so far I have traded on capital.com. the problem started the other day when i wanted to buy shares. until now, I used to buy long-term dividend-paying shares every month, but from now on thā€¦ --- ## [Opinion about stocks dividend Brokers](https://community.brokerchooser.com/t/opinion-about-stocks-dividend-brokers/2206)
**Author:** [@Bogdan](https://community.brokerchooser.com/u/Bogdan)\ **Replies:** 3\ **Last updated:** [January 27, 2025, 5:40pm UTC](https://community.brokerchooser.com/t/opinion-about-stocks-dividend-brokers/2206 "2025-01-27T17:40:20Z")
Hello everybody , My name is Bogdan and Iā€™m from Romania, but I lived in Austria. In the last 2 years I invested in stocks , only for dividends on capital. com broker. Last months when I try to buy some stocks, the appā€¦ --- ## [Auszahlung bei IC Markets](https://community.brokerchooser.com/t/auszahlung-bei-ic-markets/2204)
**Author:** [@AbidingBeak1610](https://community.brokerchooser.com/u/AbidingBeak1610)\ **Replies:** 1\ **Last updated:** [January 27, 2025, 2:24pm UTC](https://community.brokerchooser.com/t/auszahlung-bei-ic-markets/2204 "2025-01-27T14:24:23Z")
Ich mƶchte gerne von meinem IC Markets Handelskonto Gelder auf mein deutsches Bankkonto Ć¼berweisen. Dieses scheint nicht so einfach mƶglich zu sein. Man will,zusƤtzlich zu den Angaben der Bank auch Daten Ć¼ber ein Zwischeā€¦ --- ## [Spreadex Markets Ltd is asking for upfront 30% tax on profits](https://community.brokerchooser.com/t/spreadex-markets-ltd-is-asking-for-upfront-30-tax-on-profits/1748)
**Author:** [@Rajiv](https://community.brokerchooser.com/u/Rajiv)\ **Replies:** 6\ **Last updated:** [January 27, 2025, 2:07pm UTC](https://community.brokerchooser.com/t/spreadex-markets-ltd-is-asking-for-upfront-30-tax-on-profits/1748 "2025-01-27T14:07:22Z")
I have invested in forex through SpreadEx Markets ltd. When i ask them to withdraw my money. They are asking me to pay 30% upfront tax on profits to withdraw. Also, they have blocked my account until i pay the tax. Is thā€¦ --- ## [Fractional shares](https://community.brokerchooser.com/t/fractional-shares/2154)
**Author:** [@TopFarmboy5926](https://community.brokerchooser.com/u/TopFarmboy5926)\ **Replies:** 1\ **Last updated:** [January 20, 2025, 4:32pm UTC](https://community.brokerchooser.com/t/fractional-shares/2154 "2025-01-20T16:32:37Z")
Hello BrokerChooser, Do you know when Lightyear broker will introduce the possibility to buy and trade fractional shares of ETFs and non-American stocks? What other platforms have this option? Thanks for answer, T --- ## [Opinion on iBroker?](https://community.brokerchooser.com/t/opinion-on-ibroker/98)
**Author:** [@gangus22](https://community.brokerchooser.com/u/gangus22)\ **Replies:** 2\ **Last updated:** [January 15, 2025, 4:37pm UTC](https://community.brokerchooser.com/t/opinion-on-ibroker/98 "2025-01-15T16:37:21Z")
I couldnā€™t find a review of iBroker on the BrokerChooser page. Theyā€™re a Spanish broker: https://www.ibroker.es/ Can you give a comparison between iBroker and Interactive Brokers? --- ## [suspected I am being scammed](https://community.brokerchooser.com/t/suspected-i-am-being-scammed/2078)
**Author:** [@PrevalentCarrot7553](https://community.brokerchooser.com/u/PrevalentCarrot7553)\ **Replies:** 1\ **Last updated:** [November 28, 2024, 7:55am UTC](https://community.brokerchooser.com/t/suspected-i-am-being-scammed/2078 "2024-11-28T07:55:55Z")
Add all of your questions about broker services. I have a question on the broker ModMont Services Limited based in Seychelles Island and regulated under Seychelles Financial Authority. I opened an account and has tradā€¦ --- ## [Buying S&P 500 ETF on eToro from Germany](https://community.brokerchooser.com/t/buying-s-p-500-etf-on-etoro-from-germany/926)
**Author:** [@IdioticPronunciation0399](https://community.brokerchooser.com/u/IdioticPronunciation0399)\ **Replies:** 1\ **Last updated:** [May 27, 2024, 9:43am UTC](https://community.brokerchooser.com/t/buying-s-p-500-etf-on-etoro-from-germany/926 "2024-05-27T09:43:36Z")
Iā€™m currently working in Germany and using eToro to invest. I want to buy an S&P 500 ETF, but I noticed that eToro shows leverage options when I go to purchase the ETF. If I buy the S&P 500 ETF with 1x leverage on eToro,ā€¦ --- ## [Finding if an apparently secure brokers website is not a clone?](https://community.brokerchooser.com/t/finding-if-an-apparently-secure-brokers-website-is-not-a-clone/1750)
**Author:** [@ZappyScot](https://community.brokerchooser.com/u/ZappyScot)\ **Replies:** 3\ **Last updated:** [October 14, 2024, 1:22pm UTC](https://community.brokerchooser.com/t/finding-if-an-apparently-secure-brokers-website-is-not-a-clone/1750 "2024-10-14T13:22:57Z")
I have a trader, and apparently a trading account, with reputable DukasCopy. How can I check that the website is not a real time copy, and genuine --- ## [eToro ā‚¬1M insurance ALERT](https://community.brokerchooser.com/t/etoro-1m-insurance-alert/1611)
**Author:** [@InfraredFinancing7246](https://community.brokerchooser.com/u/InfraredFinancing7246)\ **Replies:** 2\ **Last updated:** [October 1, 2024, 7:25am UTC](https://community.brokerchooser.com/t/etoro-1m-insurance-alert/1611 "2024-10-01T07:25:57Z")
I want to ask you to update your eToro review about their insurance (which is a joke, borderline false advertisement). They try to trick you into believing that your money is safe with them up to ā‚¬1M, however, if you reā€¦ --- ## [Erste Broker custordy fee](https://community.brokerchooser.com/t/erste-broker-custordy-fee/1594)
**Author:** [@InfraredFinancing7246](https://community.brokerchooser.com/u/InfraredFinancing7246)\ **Replies:** 1\ **Last updated:** [September 23, 2024, 5:20pm UTC](https://community.brokerchooser.com/t/erste-broker-custordy-fee/1594 "2024-09-23T17:20:19Z")
Hello there, Iā€™d like to point out that in your review for Erste Broker, you wrote that it doesnā€™t charge a custody fee, however, it does. Iā€™d appreciate an update to reflect their current fee schedule. --- ## [Global Prime and Fusion Markets Vanuatu regulation](https://community.brokerchooser.com/t/global-prime-and-fusion-markets-vanuatu-regulation/1418)
**Author:** [@InspirationalTrouper6477](https://community.brokerchooser.com/u/InspirationalTrouper6477)\ **Replies:** 6\ **Last updated:** [September 23, 2024, 11:11am UTC](https://community.brokerchooser.com/t/global-prime-and-fusion-markets-vanuatu-regulation/1418 "2024-09-23T11:11:20Z")
Hello BrokerChooser Team! I tested and found good these brokers for mt4 trading but unfortunately for tax view these are bad. I had e-mail conversations with both of these brokers and they recommended me Vanuatu regulaā€¦ --- ## [Trust pilot review of brokers](https://community.brokerchooser.com/t/trust-pilot-review-of-brokers/1534)
**Author:** [@DoctrinalDrug2815](https://community.brokerchooser.com/u/DoctrinalDrug2815)\ **Replies:** 3\ **Last updated:** [September 23, 2024, 10:46am UTC](https://community.brokerchooser.com/t/trust-pilot-review-of-brokers/1534 "2024-09-23T10:46:56Z")
hello, slowly researching trading platform. my firt question, interactiv brokers in this site is top review 4.9. but why in trust pilot review score is 3.3 very low? in contrast, the ic market global review here is middlā€¦ --- ## [Crypto Trading service](https://community.brokerchooser.com/t/crypto-trading-service/1431)
**Author:** [@CastIronChronology8594](https://community.brokerchooser.com/u/CastIronChronology8594)\ **Replies:** 3\ **Last updated:** [September 6, 2024, 7:55am UTC](https://community.brokerchooser.com/t/crypto-trading-service/1431 "2024-09-06T07:55:32Z")
Does IBKR offer crypto trading service to Canadian residents? --- ## [Vorrei sapere se Lorenzo Parisi broker ĆØ affidabile ](https://community.brokerchooser.com/t/vorrei-sapere-se-lorenzo-parisi-broker-e-affidabile/1209)
**Author:** [@VirileEscalation6149](https://community.brokerchooser.com/u/VirileEscalation6149)\ **Replies:** 1\ **Last updated:** [August 6, 2024, 12:35pm UTC](https://community.brokerchooser.com/t/vorrei-sapere-se-lorenzo-parisi-broker-e-affidabile/1209 "2024-08-06T12:35:08Z")
Vorrei sapere se Lorenzo Parisi ĆØ abilitato ho mi ha truffato --- ## [What about Warrent Bowie and Smith?](https://community.brokerchooser.com/t/what-about-warrent-bowie-and-smith/1126)
**Author:** [@BrightEyedOnlooker5605](https://community.brokerchooser.com/u/BrightEyedOnlooker5605)\ **Replies:** 2\ **Last updated:** [July 8, 2024, 4:31pm UTC](https://community.brokerchooser.com/t/what-about-warrent-bowie-and-smith/1126 "2024-07-08T16:31:01Z")
Has somebody have experiences with this broker? Does somebody know if it is a trust broker? --- ## [Trading in NZSE](https://community.brokerchooser.com/t/trading-in-nzse/922)
**Author:** [@MonthlyMonsoon0232](https://community.brokerchooser.com/u/MonthlyMonsoon0232)\ **Replies:** 3\ **Last updated:** [May 23, 2024, 8:49am UTC](https://community.brokerchooser.com/t/trading-in-nzse/922 "2024-05-23T08:49:14Z")
Interactive Brokers come to the top of the list as a potential broker on BrokerChooser when I say I want to trade on the NZ SE. However, they donā€™t trade on the NZ SE. --- ## [Is webull free in Canada?](https://community.brokerchooser.com/t/is-webull-free-in-canada/911)
**Author:** [@StarvedUpswing4059](https://community.brokerchooser.com/u/StarvedUpswing4059)\ **Replies:** 1\ **Last updated:** [May 22, 2024, 10:03am UTC](https://community.brokerchooser.com/t/is-webull-free-in-canada/911 "2024-05-22T10:03:43Z")
I came across different information on fees in Webull. Some websites say it has 2.99$ commission per trade, others say it is commission free. Even webullā€™s own website has two different information. I am confused here. Wā€¦ [Next page](https://community.brokerchooser.com/c/broker-reviews/7.md?page=1)