You can now trade over 500 of the top USA and European shares all at the amazing low commission rates!
Yes that's the same rate as our UK dealing commission! No extra cost to trade these foreign companies!
Trade over 500 of the top USA and European shares online, such as Nokia, Yahoo and Microsoft all at our amazing low commission rates.
Want to know how to save more money?
These shares are Stamp Duty exempt! You don't even get to pay Her Majesty's Treasury the normal UK Stamp Duty tax of 0.5% - trading just couldn't be cheaper!
What stocks can I trade on?
Click above to view a PDF of shares quoted. This is not guaranteed accurate and is subject to change without notification.
How does it work?
We receive prices for USA and European shares converted to sterling (GBX - pence per share) quoted by the London Stock Exchange on their International Retail Service listing - there are therefore no difficult currency conversions prices for you to work out as the quote you see to trade is in sterling! Easy! They settle the same as UK shares as CREST DEPOSITORY INTERESTS (CDI's) and attract no 0.5% Stamp Duty! CREST holds an interest in this stock centrally for you and dividends are sent direct to your account here by CREST.
The only restriction is that you cannot withdraw the stock as a certificate, it must be held in nominee form. You can also set our full range of Limit Orders on these stocks - Buy/Sell/Stop Loss and Rising Buy automatically and we do not charge any extra!
There are over 500 stocks covered at the moment that you can trade electronically. Anything that isn't covered we can trade for you over the phone, but this is more expensive (cost quoted at time of dealing if dealing by phone).
What times can deal until?
The UK market in CDI's is electronic and you can deal European shares from 08:15 until 16:25. USA shares quoted as CDI's can be traded from 14:45 until 20:55 UK time.
Phone trading hours differ slightly. European shares can be traded from 08:00 to 16:30 and USA shares quoted as CDI's can be traded from 14:30 to 16:30.
Foreign Trading Online - Commission and Charges
- From £6.50 if transacted online.
- Shares not covered electronically can be traded by phone, commission rates will be quoted at time of dealing.
- If you do not trade at all in the previous quarter you will be charged a maintenance fee of £5 inclusive of VAT.
- No extra charges for setting Limit Orders.
Facilities
- Real Time Price dealing - Price you see is the price you get!
- Prices converted to GBX - pence per share including any conversion costs.
- Extended US market dealing after LSE close.
- Every deal we ask to improve your price over and above best execution.
- Straight Through Processing. Standard T3 Settlement.
- Portfolio on-line - see exactly what shares you hold and their value.
- Transaction History - review your trades on-line.
- Limit Order system - enter order 7 days a week, 24 hours a day!
- Telephone support 8am till 4:30pm.
Risk Warnings
Click here to see full Risk Warnings
Please read our Online Trading Terms and Conditions.
* Based on trading £1,000 worth of shares once per month for one year as at 15th February 2008 by www.moneysupermarket.com