Best platform to invest us stock and shares

jerrycatlover

Hi, I am interested in investing some money in the us stock market such as Facebook, Apple, Google etc. I have read the brilliant guide in MSE about stock and share ISA and the most competitive platforms.

May I ask which is the best platform to but us stock?

Dird

Cavendish. Buy some technology fund that tracks them all instead of buying specific stocks. It's less risky and requires less money. e.g. just 1 share of Google costs about £500 but for £50 you could get a taste of all those companies and more.

If you insist on buying individual shares then you can't use Cavendish

http://www.comparefundplatforms.com

economic

faceboo, apple, google??? oh dear. oh dear oh dear.

any reason for investing in these tech companies? 2 of which are an all time high?

jerrycatlover

economic wrote: »

faceboo, apple, google??? oh dear. oh dear oh dear.

any reason for investing in these tech companies? 2 of which are an all time high?

It's just an example of us stock, I don't meant to buy all those expensive shares.

jimjames

jerrycatlover wrote: »

It's just an example of us stock, I don't meant to buy all those expensive shares.

What investments do you have already? Can you use the platform for your existing investments? What sort of amounts are you looking to invest?

JohnRo

jimjames wrote: »

What investments do you have already? Can you use the platform for your existing investments? What sort of amounts are you looking to invest?

I've just used HL to purchase VNQ unwrapped. No custody or inactivity fees, no account balance criteria to meet. The trading commission isn't cheap at £11.95 and the FX charges aren't the most competitive but all other things considered it suits my requirements well. Completing the W-8BEN was painless.

jerrycatlover

jimjames wrote: »

What investments do you have already? Can you use the platform for your existing investments? What sort of amounts are you looking to invest?

I want to invest us stock and I am currently holding the Charles standley direct account but they only offer uk funds and shares.

jerrycatlover

JohnRo wrote: »

I've just used HL to purchase VNQ unwrapped. No custody or inactivity fees, no account balance criteria to meet. The trading commission isn't cheap at £11.95 and the FX charges aren't the most competitive but all other things considered it suits my requirements well. Completing the W-8BEN was painless.

I have been told the TD is the best for us stock due to its separate us dollar account to save the FX fee. However I also found IG has cheaper fees in general.

Any ideas which one is better?

cashbackproblems

firstly buying US stocks will incur extra fees and you will be taxed on it by the IRS! I used to work for GE capital and when leaving transferred shares into my personal account, i suddenly started getting US tax claims so sold

Best to invest in a fund which gives you exposure to these companies, HL are the best imo. For shares e.g. FTSE, i use X-O