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I'm seeking International investment advice- multi ccy cash account for share dealing

WILDERNESS
WILDERNESS Posts: 4 Newbie
edited 10 November 2012 at 5:04AM in Savings & investments
I live now in Australia(originally UK)

I have shares in NYSE and USD money funds held by a broker in the UK. The brokerhas advised me that they are no longer able to service my account.

I also have UK sterling bank account with savings that earn very little and I have shares in Euros held by another broker.

I would like to clean up this mess once and for all.

Last time I was in the UK I spoke to a few institutions, but they were very unhelpful.

What is the best way for me to go?

I don't want to transfer everything to Australian dollar. I want to be ableto keep cash amounts in their currencies USD in, USD, AUSD in AUSD, STERLING, etc) until Idecide to make the currency conversion.

I'm not a frequent trader (I have bought shares six times in my life), butwould like to invest some of my UKsterling and US Dollar money funds into shares.

I was looking for an online broker with multiple currency cash account, butbeing new to this I am getting lost

Comments

  • dunstonh
    dunstonh Posts: 120,033 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Last time I was in the UK I spoke to a few institutions, but they were very unhelpful.

    probably as you are non-resident.
    What is the best way for me to go?

    look at local options or use a broker that targets the ex-pat market.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Have you heard of Internaxx? Wholly owned by TD Bank and based in luxembourg.
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