have looked around for this both on this site and also on the etrade webstite but seeing as many on this site have etrade accounts was looking to hear from the horse's mouth so to speak.
couple of questions:
1. Are etrade really that cheap that it's only £8.95 flat rate per trade? (excl. stamp duty of course)
2. Can you trade ISEQ stocks or is it only irish stocks on the London exchange?
3. Can i just walk in with funds to my aib branch and open up a sterling account as is needed to trade with Etrade?
I have looked at their website but wanted to post here just to confirm everthing so as not to get burnt.
I don't think that you can trade ISEQ stocks other than if they are listed on LSE or are quoted (usually as ADR/ADSs on a US exchange such as NASDAQ or NYSE).
Interactive Brokers allow trading of US, UK, European stocks etc and are cheaper than etrade (UK stocks are £6, US stocks priced per share, with a 200 share purchase costing $1, 400 shares $2,etc).
IB does charge the client $10 per month if trades do not total $30 or more - don't know if that is an issue for you.
Interactive Brokers allow trading of US, UK, European stocks etc and are cheaper than etrade (UK stocks are £6, US stocks priced per share, with a 200 share purchase costing $1, 400 shares $2,etc).
IB does charge the client $10 per month if trades do not total $30 or more - don't know if that is an issue for you.
I think Eurozone brokers such as IB make things a lot easier than US brokers from Ireland, low cost or free Swift transfers depending on your bank, reduced FX costs and access to large selection of markets.