Trading US Stocks in Australia

[harold1981]

Hi all

I would like to buy some US stocks. Which brokers do you recommend in Australia with low brokerage? Any recommendations would be appreciated.

Thanks

Harold

 

[History Repeats]

Interactive brokers

 

[whackthebid]

Hi all

I would like to buy some US stocks. Which brokers do you recommend in Australia with low brokerage? Any recommendations would be appreciated.

Thanks

Harold

Etrade (the US one or the Hong Kong one), Speedtrader, Centrepoint, OptionsXpress

 

[noirua]

As of 27 May 2024, the settlement date for the US and Canadian markets will change. It’s moving from the current two business days after the trade date (T+2) to one business day (T+1). This only applies to these markets other international markets stay the same.

It is best to convert A$s into US$s before making a trade to avoid interest charges.