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Need recommendations
Posted: Tue Nov 08, 2011 8:43 am
by mojojojo
Looking for a broker to handle non-US client that allows me to trade listed securities (mainly ETFs) on at least the LSE, access to other exchanges are a plus. This will be for an entity based out of Singapore.
Being based in the US, I'm looking for a good starting point. I know that I can google places, I prefer if being able to talk to actual users.
Posted: Tue Nov 08, 2011 8:06 pm
by rhc
Interactive Brokers allows customers (both US and Non-US) to trade on the LSE as well as many other exchanges throughout the world.
IB could therefore be a starting point for your research.
Here is the IB page for LSE products containing 2477 stocks
(you can check to see if your ETF's are amongst these)
http://individuals.interactivebrokers.c ... entity=llc
Here is the main products & exchanges page
http://individuals.interactivebrokers.c ... f=products
Hope that helps
Posted: Wed Nov 09, 2011 2:23 am
by stopsareforwimps
rhc wrote:Interactive Brokers allows customers (both US and Non-US) to trade on the LSE as well as many other exchanges throughout the world.
IB could therefore be a starting point for your research.
My accountant is always ribbing me about how many banks and brokerages I have my money spread over... fortunately MGF was not one of them, for no particular reason.
I did have a near miss with Tricom in Australia. I closed my Tricom account only because of high fees, poor service and a generally bucket-shop atmosphere.
This may have been answered before but is it possible to buy brokerage insurance? I was thinking you could buy way out of the money puts on the company (with a different broker of course!) but is there a better way?
Posted: Wed Nov 09, 2011 9:42 am
by mojojojo
Thanks for the link. I will definitely check them out. Didn't know that IB had non-US division.