What broker to use for Australian shares?

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Old Sep 10, 2004, 3:15pm   #1
 
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What broker to use for Australian shares?

Does anyone know of any brokers in the UK that allow you to trade Australian shares? If not whats the best way of doing this?

Many thanks!
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Old Sep 10, 2004, 10:55pm   #2
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HI Creech,

if you use HSBC online broking you can buy shares in Aust and over 14 other markets. If you can be bothered the best online broker in Aust is AOT (aotonline.com.au) - a flat price per trade (only GBP10) and up to six trades poer day in same stock is only deemed one trade.

Worth checking out.

AT
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Thanks! The following members like this post: Carnivore
Old Sep 13, 2004, 10:29am   #3
 
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Creech started this thread Thanks for that aussietrader!
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Old Sep 14, 2004, 1:44pm   #4
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Quote:
Originally Posted by aussietrader
HI Creech,

if you use HSBC online broking you can buy shares in Aust and over 14 other markets. If you can be bothered the best online broker in Aust is AOT (aotonline.com.au) - a flat price per trade (only GBP10) and up to six trades poer day in same stock is only deemed one trade.

Worth checking out.

AT
Hi aussietrader,

Can people living in England open an account with a Australian broker. How would they identify you, would you have to send id to Australia.

Thanks,

Breadman
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Old Sep 14, 2004, 9:34pm   #5
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Breadman,

I know that AOT (see above) do accept foreign accounts. ID is based on passport, drivers license, and a utility bill in your name with address.

As is all cash up front, no real risk for them.

AT
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Old Dec 1, 2004, 4:32am   #6
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Talking Re: What broker to use for Australian shares?

Quote:
Originally Posted by Creech
Does anyone know of any brokers in the UK that allow you to trade Australian shares? If not whats the best way of doing this?

Many thanks!
For info on Aussie brokers go to infochoice.com.au and you`ll find about 20 brokers.
Not all of them accept foreign accounts.
AOT is not cheap for small trades, about $ 33.00 a trade, but that`s for up to 1 million dollars.
Yes up to 6 trades in 1 day on the same order is still about $ 33.00
But there are other brokers that charge $ 20 - $ 25 per trade, even if the trade will be filled over different days. I think that Rivkin accept foreign accounts.

Hope this helps.
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Old Nov 8, 2008, 9:59pm   #7
 
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what about Etrade?
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