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A good SIPP administrator to use with Interactive Brokers UK

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  • Alexland
    Alexland Posts: 10,183 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    Hey, OK - I'm particularly looking at:

    - Leveraged ETFs
    Be very careful with leveraged ETFs as they are designed for use by day traders and not to be held over long periods as you would see the decay caused by the daily leverage reset where volatility can cause your wealth to be destroyed even if the long term market direction is generally positive.
  • digannio
    digannio Posts: 335 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Crumbs... think I might just stick with L&G multi-index 5 for my SIPP!
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