Trading 212 - US investments

A

AndroidMan

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I have some pies set up and intend to trade US stocks.

I was told years ago by somebody that trading in the US means you incur more fees.
It was at the time when AIB was on the NYSE (or similar).
I cannot find out anything more on this.

I know T212 will charge 0.15% on exchange rates and I understand that I am risking currency fluctuations.

Is there something else I am missing?
 
Just commenting again on this to bump it, but to be a bit clearer.

If I invest in the US stock market, my risks and liabilites, apart from the obvious are:

Exchange rate fluctuation
Exchange rate fee on buying and selling (0.15) with Trading212
CGT on profits if I sell
Unearned income on dividends

Are there any other costs associated with trading in the US?

I was told by somebody years ago that there was a bunch of extra charges, so I always was reluctant. But Trading 212 seems to make this easy and I am concerned I am missing something.
 
It all depends on the broker and the stock exchange. Trading US stocks is often cheaper than other countries.

Other charges are:
- broker commissions
- the spread between the buying price and selling price of the stock

They're not particular to the US, although neither are CGT or dividend income.

A risk is that you may become liable to US estate tax.
 
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