Investing in the Ireland Domasa S&P 500 ETF CPX on C Trade: Key Insights and Limitations

yes you can now invest into the Ireland domasa S&P 500 ETF CPX on C trade but before you do hear me out there are some

limitations or rather things that you need to know before you even start so without further Ado let's dive straight

into today's video let's go just a quick introduction for those of you who don't know why people often

look at CPX or sp sp as compared to VU or SP why it's for two reasons number one it's the dividend withholding taxes

that you will safe if you invested in CPX and SPL because they are domaso in Ireland so listed on the London Stock

Exchange dividends only get tax at 15% as compared to being on the US Stock Exchange Dividends are taxed at 30%

number two is US estate taxes investing into Vu or spy there are estate taxes that you have to pay in the event you

pass away and you can get as high as up to 40% so that's the two reasons all of these individual ETFs have their own

expense ratio which is the fee that we have to pay perom on the investment amount so the cheaper option is of

course the lower your expense ratio the less you have to pay in terms of fees moving on how beginner friendly is Cy

trade people often love Cy trade myself included because of how beginner friendly it is when compared to other

brokage platforms like Mumu weebu interactive brokers Cy trade is the simplest and the easiest to start with

for beginners I started my investment Journey with Cy trade as well investing into Vu which I documented in this video

right over here they offer two free trades per month that makes it a no-brainer to start with them at that

point of time but there is only so much that you can grow yourself as an investor on C tra so that's why I

liquidated everything and I moved on to Mumu Singapore and also interactive brokers eventually and at that point of

time they didn't have CPX but for all of you who wants to start out investing Cy TR is a great beginner friendly platform

to me it's intuitive knowing where to deposit my money withdraw statements searching for the different kind of

stocks that I want to in invest into as well but then again this is very personal because what I find

userfriendly and intuitive might not be to you so you do you explore and have a feel for yourself it doesn't cost

anything to sign up for an account with scyth anyway eventually if you do not use their platform there is also no fees

that you will incur for inactivity speaking of fees these are the fees that you have to pay when you invest into the

different stock market for Singapore it's 0.06% of the traded value a minimum of $1.98 per trade similar fees to Mumu

Singapore but the perks of being new to Mumu Singapore is that you get one year commission free which makes them the

cheapest platform to go with for that first year as a new investor on mumo Singapore for US Stock Market you're

getting two free trades per month above and beyond that it's chargeable at $149 per trade for whatever ETFs that is

listed on the London Stock Exchange that now is offered on Ty trade there's no fees for you to buy into them all the

way until 30 of April 2025 but beyond that it will cost 99 cents per trade the great part about doing non-sponsored

videos like this is I'm able to do the comparison for you guys and just share with you who I'm comparing with so if

you can just do me a favor just hit the like button so this video goes out to more people who needs to hear it for fee

comparison Cy TR is cheaper than interactive brokers but later on as you hear my One limitation you may want to

reconsider which platform do you go with in terms of fees comparison with fsm1 it is more expensive because fsm1 charges

zero fees for the ETF regular savings plan that you set up investing into CPX or S SPL on their platform I've covered

it in a recent video I'll link up above and down in the description box below it also shows you the entire setup process

so moving on let's go into the three limitations I feel is something that you should consider before you choose C

trade as the platform to invest into CPX let's go into that so firstly C trade only execute

your order every Tuesday of the week so regardless of when you had submitted be is it on a Friday or Wednesday your

order will only be executed on a Tuesday so to me this is a limitation because let's say for example in a recent Market

de if it happens on a Friday and I submit the order it will only get executed the following Tuesday so you

can't buy real time into the market but you still can submit your order just that it will only be executed on a

Tuesday London Stock Exchange opens from Mondays to Fridays 400 p.m. to 12:30 a.m. Singapore time excluding their

public holidays so not Singapore holidays but the London public holidays I submitted the order 4th of March 2025

9:13 a.m. and I was notified on 5th of March 4:20 p.m. Singapore time the price it bought in at was at

$619 61 lowest price for the day was $694 highest price was $668 27 when the market open Cy trade

states that it uses time weighted average price so your order is executed in smaller trade throughout the day to

achieve the day's average market price to be honest if you just said it and forget about it this really doesn't

matter but for those of you who want to buy in when there's a market deep you won't be able to do it on side trade do

not misunderstand this doesn't mean that you can't submit your order you can submit your order regardless of whenever

it is just that it will only be executed on a Tuesday reason number two is that currency exchange rates on cyth trade

may not be the best so I compared cythe FS m 1 and interactive brokers at the same time 10 of March 5:20 a.m.

Singapore time for SGD $10 amount C trade rates are not the best fsm1 came in second interactive brokers came in

first for example if I were to do $500 Singapore dollars converted to US dollar I would lose out $3 if I did it on C

trade as compared to interactive Bookers if I did it on fsm1 versus interactive brokers I lose out $150 so you won't get

the best currency exchange rates doing it on CY trade reason number three is that yes even though you can automate

your investment on cythe you still need to do one more step which is to set up the recurring transfer from your bank to

Cy trade as compared to doing it on FSM 1 it's automated entirely so every single month they take out from your

bank account to invest into CPX or SPL via the ETF regular savings plan this can be set up entirely on fsm1 so this

is the three limitations I felt you need to know before deciding to do it on C trade I'm personally doing it on fsm1

and interactive brokers I have a recent video that went out covering why I'm doing it on both you can check out a

link up above and down in the description box below if you feel like you still want to go ahead and do it on

C trade I do have a code because I'm an affiliate partner with them but this video as I said again is not sponsored

otherwise I wouldn't be able to do all these comparisons for you guys you can support by signing up with the code DMI

my name Demi and you receive the following amount depending on how much deposit you do in a lam suum when you

sign up so more details can be found down in the description box below if you have any questions as always my

Instagram DMS is open or you can leave it down in the comment section below I hope this video helps you in one way or

another have a great week ahead and I'll see you guys in my next one bye-bye e