But when you sell your holdings, you pay the taxes with the profits right? You are essentially crystallising early if you decide to sell now. The only thing you lose out on, is dividends paid on the tax element if you buy the same stock elsewhere, I get that.
Have you worked out the monetary impact?
Given your name, I’m assuming you like dividend stocks.
Lets say you have a €30k balance invested in stocks that generate an impressive 10% yield. That is €3k in returns a year, excellent! If that is all generated from foreign stocks, then from your €3k in dividends, with the introduction of a 0.15% FX conversion fee, you would receive €4.5 less per year, before taxes. I don’t think that sounds that bad a deal?
The second part, lets say you decide to repatriate or sell your €30k balance back to € after the change, again all held in foreign stocks. 30k x 0.15% is €45. That is a little more I agree, and for me would cover a round of drinks with friends, possibly two depending who turns up.
Helping contribute to the development of 212 through this 0.15% FX fee over many years, is significantly less than crystallising your 26.375% of taxes now.
I don’t know - perhaps you have the option of other brokers which are cheaper than Trading212 to operate on. Perhaps a thought could be to hold your positions at 212, so you don’t crystallise the taxes payable to your government on your profits now, but at a later date of your choosing - say if the stock market drops below your purchase price, you could then sell out and transfer to a cheaper broker removing or reducing the need to pay taxes to the government on profit?