Broker Review Methodology

April 15, 2024 Raph Antoine

When choosing a broker, investors face a myriad of considerations, from safety measures to fee structures and beyond. Bankeronwheels.com takes a unique approach to broker comparison, designed with the discerning investor in mind. Here’s how we guide you through making an informed decision.

iWeb Share Dealing Review – Great For Inactive Investors

April 11, 2024 Francesca

iWeb Share Dealing is the typical boring, but cost-efficient platform with good ETF availability. But make no mistake, it is an excellent option for investors seeking a reputable platform who don’t invest frequently, as there are no custody charges. However, advanced investors might encounter limitations based on their sophistication and needs.

UCITS vs U.S. ETFs – Pros and Cons for Non-US Investors

April 8, 2024 Raph Antoine

ETF Domicile is not very glamour. And something that most new investors won’t pay attention to. While fees and index tracking frequently steal the spotlight, the domicile’s pivotal role in portfolio performance cannot be overstated.

Some of our readers from Latin America, Asia and Middle East know how to optimise their tax bill.

But here is what most investors ignore, and may pay a heavy price for it.

Should You Invest In Gold In 2024?

April 8, 2024 Raph Antoine

Bankers are a rational bunch unless you talk to them about Football or Gold.

Gold is a controversial topic, and there are a lot of misconceptions about it and facts that may surprise you. Some investors avoid it, since it does not generate any yield. But, portfolio managers and traders, including prominent ones, allocate personal savings to Gold.

If we don’t subscribe to the doom predictions of gold bugs and take emotions out of the equation, is buying Gold a wise choice?

The Long Game – 2024 Guide To Asset Class Returns

April 8, 2024 Raph Antoine

2022 reminded us that trees don’t grow to the sky. But, for equities, 2022 losses meant 2023 gains. Over the past decade, Global Equities have gained over 215% and returned 7.9% annually.

Today, it’s time to rebalance your portfolio – maybe buy some losers (I look at you – Bonds and Value Stocks), and revisit your plans for 2024 and beyond.

Millionaire Expat: How To Build Wealth Overseas (Book Review)

April 7, 2024 Ahmed Safin

Expats face unique challenges – financial regulations of both their home country and the host country, different taxation regimes or currency risk. Offshore investment giants like Zurich or Generali International are there to benefit from this lack of knowledge.
Hallam uncovers their predatory behaviour, as high fees and hidden costs rob expatriates blind. A story reveals the stark reality: paying a $19k penalty was smarter than enduring daylight robbery, echoing a widespread financial deception faced by many.

Freetrade Review – An ETF-Friendly Platform

April 5, 2024 Francesca

Freetrade markets itself as an ETF-friendly platform with very competitive pricing for SIPPs and General accounts. It caters well to investors who want a simple portfolio as well as investors that may be interested in trading on European and U.S. exchanges. More advanced investors may find limitations depending on their sophistication and needs.

Finding Your Broker Tribe: Our Broker Classification System

April 4, 2024 Raph Antoine

Brokers are usually bucketed together by comparison sites, that don’t have an in-depth knowledge of trade-offs related to fees, transparency and counterparty exposure. Most of the websites are also conflicted, often promoting brokers with the highest-earning commissions.

We take a more rigorous angle. How would a wise long-term investor categorise them?

Here is what you need to know about the 5 Key Broker Categories in Europe and the UK. These categories give you a mental model of how to think about brokers, but some of them may not fit in neatly, and availability in your country may also impact your choice.