Options Trading in International Markets (US, Hong Kong, India)

[Deepti.Sinha]

Please let me know which Brokers / Platforms are recommended for trading Options / derivatives in International Stock Markets (US, Hongkong and India) from Australia?

Also what are the Tax implications while trading in International Markets from Australia?

 

[greggles]

Interactive Brokers might be a good place to start.

 

[Deepti.Sinha]

Interactive Brokers might be a good place to start.

Thanks Greggles.

I prefer to use only AUD for any Margins / Payment and likewise any profits / loss be settled in AUD.

Can I link my local Australian Bank account with the IB Trading account or would I need to open any other account with IB?

Also any suggestions on how to minimise the Tax implications?

 

[valuex]

XOM Sold Cash Secured Put
Feb 7, 2019 : Sold 1 Weekly CSP strike 71,5@0.25 . Expiry Feb 15. Weekly return 0.34%. Annual return on Investment 15.9%