Where to buy/sell stocks on foreign exchanges

[vn35]

Hi,

To buy and sell directly on Stockholm or other European exchanges, what are some brokerages that have good execution and commissions ?

I know that Charles Schwab offers it, but the commission is not that low.

 

Thanks.

Jimmy

[gfp]

I use interactive brokers.  They are great, just be sure to do a currency transaction also or IB will charge you interest on a currency loan.

 

With IB, you have to subscribe to the market data from the exchange you wish to trade on.  It's a different price for each exchange.

[vn35]

Thanks.  Interactive brokers looks good with reasonable commissions.  How much do they charge to do currency transaction for each trade.

 

Jimmy

[turar]

They charged me $2.50. Did you also become interested in menlo's idea?

[vn35]

Up to now, my intl portion are mostly in ETFs.  I am planning to move some of that into individual stocks if the value arises.  And menlo idea is interesting.

[watsa_is_a_randian_hero]

I use IB as well.  They are the best option for a retail or semi-professional investor/trader.  Best mix of service quality, product breadth, and price.

[beerbaron]

In Canada we have the equivalent of deposit insurance for brokers. IB is not part of this deposit insurance, doesn't that make some people cautious?

 

BeerBaron

[watsa_is_a_randian_hero]

In Canada we have the equivalent of deposit insurance for brokers. IB is not part of this deposit insurance, doesn't that make some people cautious?

 

BeerBaron

 

Im from chi - stateside they are SIPC insured

[RichardGibbons]

In Canada we have the equivalent of deposit insurance for brokers. IB is not part of this deposit insurance.

 

According to this link, IB is covered:

 

http://www.cipf.ca/Public/MemberDirectory/CurrentMembers.aspx

 

Richard