Cheapest broker to trade US Equities?? UK Resident

[beast_cj]

Hi,
after 3 months using Barclays International trader, and realising that they are fleecing me after every trade, i am once again on the hunt for a good broker to trade US stocks.

The problem with BIT is that i didnt realise they charge 1% fee on a currency exchance from GBP to USD per trade. So Im already 2% down disregarding the fee's.

This is obviously overcome by having an account held in USD.... however I need first to know which broker is cheapest/best.

Any help would be much appreciated.

CJ

 

[rmorse]

Hi,
after 3 months using Barclays International trader, and realising that they are fleecing me after every trade, i am once again on the hunt for a good broker to trade US stocks.

The problem with BIT is that i didnt realise they charge 1% fee on a currency exchance from GBP to USD per trade. So Im already 2% down disregarding the fee's.

This is obviously overcome by having an account held in USD.... however I need first to know which broker is cheapest/best.

Any help would be much appreciated.

CJ

A few questions:

How much capital are you looking to trade with?
Do you require Portfolio Margin?
What is your average monthly volume?
Are you willing to open a customer account in the US in USD?
What other requirements do you have that need to be addressed?

You can respond directly in an email if you like.

Bob

 

[bankroll]

Same question here. To add some details:

I am looking to just to get my feet wet, as you might say, say a $100-$500 account, which is quite feasible for forex, E-mini, I don't know what is the minimum feasible about for individual US stocks?

Not much turnaround, buy and hold. Thanks.

 

[random12345]

Hi,
after 3 months using Barclays International trader, and realising that they are fleecing me after every trade, i am once again on the hunt for a good broker to trade US stocks.

The problem with BIT is that i didnt realise they charge 1% fee on a currency exchance from GBP to USD per trade. So Im already 2% down disregarding the fee's.

This is obviously overcome by having an account held in USD.... however I need first to know which broker is cheapest/best.

Any help would be much appreciated.

CJ

Interactive Brokers are generally considered the best discount brokerage for US stocks - check them out.