Are there any investors experienced at trading stocks on the London stock exchange? I got an application package in the mail from SELFTRADE.UK The y require NO minimum opening deposit/balance. Only sufficient funds to make actual trades. The commission is 12.50 pounds. When you do the USD/GBP conversion comes out to about $25.00. Even though some of the stocks listed on the FTSE fluctuate daily, weekly enough to make trading "seem" worth the effort (when you factor in the conversion rate)? They also offer mutual funds, unit trusts, etc. Would there interest rates factor into this? would this be profitable?
2006-07-22 07:18:42 · 2 answers · asked by westphalia1 2 in Business & Finance ➔ Investing
If you live in the US you can buy ADRs in many foreign companies, so there is no need to open a foreign account.
2006-07-23 15:27:50 · answer #1 · answered by ps2754 5 · 0⤊ 1⤋
are you kidding me? somewhat, you're only messing with us precise? i mean, you're no longer actual dumb sufficient to have self belief that, are you? EDIT: Please observe that i do no longer somewhat care how disingenuous or unconvincing i sound to somebody dumb sufficient to actual take this heavily.
2016-12-10 12:17:44 · answer #2 · answered by koth 3 · 0⤊ 0⤋