Is there a way you can buy international stocks?

Question

Is it possible to buy a stock from another exchange? If you think I'm nuts, go look at the symbol oil in the toronto exchange or oil.to on Yahoo! Finance and look at it in the last 2-5 years. Then we see who's nuts.

Answer 1

You can trade international stocks through many US brokers, but the commissions are quite steep compared to buying domestic shares. You may want to check to see if any shares you may be interested trade on the NYSE. Many non-US shares trade on the NYSE as ADRs/ADSs such as BP, TOT, etc. In addition, many Canadian shares trade on US exchanges as well such as SU or NXY. This will save you a nice chunk of change on commissions. Hope this helps.

Answer 2

If you look, you will see that quite a few mutual funds deal directly with international stocks. Check with your broker and he/she can explain the costs to you. Good Luck.

Answer 3

Many shares are obtainable precise alongside with kin companies. in case you spot "ADR", because of the fact of this some business corporation like Citigroup has shares in a remote places company "on deposit" for whomever offered the ADR--American Depository Receipt. The sponsoring financial business enterprise or financial company has already crossed the hurdles to remote places possession of a business corporation in comprehend to the regulations of that different usa, everywhere it must be. you purchase shares via procuring the depository receipt.

Answer 4

Yes

Answer 5

it's tough unless you're a bank. usually have to go through a fund or an ADR (american depoitory receipt) held by a bank. good luck.

Answer 6

Some online brokers allow you to do it and any broker over the phone should be able to do it.

Answer 7

most definetly.....