what's the best way to buy a foreign stock in US?

Question

and I don't mean ADRs. I mean actual stocks listed on other exchanges. Thanks!

I am only interested in buying individual stocks listed on a foreign exchange (eg. LSE, TSE, HKSE). I'm not talking about ADRs or mutual funds. Please let me know if you have previous experience and what are the best / lowest cost online/offline brokerage that would let me do this easily.

Answer 1

through a brokerage.

Answer 2

through a broker is right, but that can cost you up to $200 in fees. so you'll have to buy a lot if you want to keep your % of fees low. you don't want to have to NEED to gain 20% just to sell and break even. (i've made a similar mistake on my very first stock buys - though i did alright in the long run).

also look into EFTs (exchange traded funds - iShares.com) they are groups of stocks/a fund - that's traded on the market. they have a large international option.

http://www.adr.com/

other than that you can't buy foreign with your common North American online broker.

Answer 3

By far, without a doubt, the best way to buy foreign stocks is through MUTUAL FUNDS.

This way you invest your money along with thousands of others and you each share in the return (based on your investment). Just look out for the annual costs. Better funds have fees below 1.25%.

Short term investments have a much higher chance of losing money. Go long and win.

Answer 4

Any broker can do it for you. Just call your broker or trading desk. Tell them you want to purchase the stock on the London exchange, for example, instead of the NYSE (ADR-traded security.)

Be warned that you will most likely get charged additional fees on top of your normal commissions. Foreign fee; foreign transaction fee; exchange fee. These are just a few that we charge.

Answer 5

i exploit Etrade as nicely. i've got faith the main appropriate way is to call the stay help at Etrade to purchase the distant places shares that don't record in US. or you will desire to purchase some mutual money or ETF that do commerce in US and incorporate those distant places shares.

Answer 6

Etrade has a pilot program in which their customers can buy stocks in foreign markets. You can read all about it in the link. I believe its the only program of its kind for US investors.

Answer 7

For developed markets, look into Interactive Brokers:

http://www.interactivebrokers.com/

For emerging markets, check out Auerbach Grayson:

http://www.agco.com/

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