Brokers for non us clients .

Dailkree

Junior member
24 1
As far as I know, everything depends on the brokerage company. But in fact, you have no restrictions on the use of any shares, even if you live in another country. It's just that each company has its own set of assets, among which you can find what you need. But since it is American shares that are in great demand all over the world, I think it would be easy for you to find a company that can handle these assets. Especially since the next quarterly period is coming up, companies are now beginning to get out of economic restrictions, which means that it will soon be possible to resume active work, and I'm sure the market will provide us with a lot of profitable, interesting moments.
 

ironjaw

Member
57 9
A good starting point are the review sites, like brokerchooser, finder, motley fool, etc. Then find a couple of brokers that you find interesting and search their name + review in google. I've posted the same question on this forum and you could do a search to find more information, but most seem to go for IG, Interactive Brokers, T212, Freetrade, Finco Bank, Digero, etc. It all depends on what you are looking for, what your budget is, as well your initial capital size and frequency of trade. Are you looking to trade regular US shares or CFDs, spread betting. than examples as IG, eToro, CMC Markets come to mind
 

attila low

Active member
152 4
A good starting point are the review sites, like brokerchooser, finder, motley fool, etc. Then find a couple of brokers that you find interesting and search their name + review in google. I've posted the same question on this forum and you could do a search to find more information, but most seem to go for IG, Interactive Brokers, T212, Freetrade, Finco Bank, Digero, etc. It all depends on what you are looking for, what your budget is, as well your initial capital size and frequency of trade. Are you looking to trade regular US shares or CFDs, spread betting. than examples as IG, eToro, CMC Markets come to mind
i want to trade common stocks , what about taxes are there any special taxes ?
 

ironjaw

Member
57 9
Depends on where you live. In the UK there's Capital Gains tax on profits but there is a threashold, after which you need to inform and start paying. You can find more information in this forum and the HMRC website. In addition, you can use your annual £20,000 allowance by using an ISA. After that there's also SIP. How you document each trade after your allowance that needs to be informed to the taxman, I am not sure but would probably need a specialist accountant. For the US, I am not sure.

Other than that I think it is best to leave taxes alone and develop a successful system. When you're profitable and are reaching serious profits then you'll also have the money to pay for specialist advise.
 

1nvest

Active member
128 42
what brokers can be used to trade us stocks if you are not living in the us and not a citizen ?
practically any broker in the UK will allow you to trade US stocks. take your pick
a few things to be aware of
1) capital gains tax is dependent on your country of domicile. so if from UK, trade US stocks, you pay capital gains as per HMRC regulations. nothing to do with what nationality of market you are purchasing from. US, UK, German, Italian etc
2) the other is to fill in a W-8ben form stops the broker from applying witholding tax and effectively states you are a non-US citizen. normally the broker will give you one to fill in
3) foreign exchange fees, these are generally quite high.
 
Last edited:
 
AdBlock Detected

We get it, advertisements are annoying!

But it's thanks to our sponsors that access to Trade2Win remains free for all. By viewing our ads you help us pay our bills, so please support the site and disable your AdBlocker.

I've Disabled AdBlock