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Foreign investing through IRA


Investor20
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Thanks a lot for the information.  I called and they confirmed that the stock I was looking at has actually a market maker in US and it is better to use it. 

 

The website says the following "All nonretirement brokerage accounts are eligible to add the international stock trading feature.", but as I understand it is a feature on website, one can call.

 

https://www.fidelity.com/stock-trading/international-stock-trading

 

Thanks again.

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I can buy foreign stocks directly at Fidelity on my non-IRA account, but for my Fido IRA I must buy the pink sheet equivalent.  While the liquidity buying directly is infinitely better, the foreign exchange conversion fees at Fido are pretty high, so its a wash.  For the markets IB serves, you are better off using IB and taking advantage of their much more reasonable FX charges.

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