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Buying and holding stock(amzn) from the UK
tuk
Posts: 113 Forumite
I'm interested in broader trading across multiple markets in the long term but for now I want the ability to buy and hold around £10k of Amazon stock.
What is the best option to buy amzn stock and keep costs to a minimum:
UK or US broker?
Which broker can you recommend?
0
Comments
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Iweb is a cheap broker, AJ Bell is another, depends on what suits you and whether you want a tax wrapper"It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"
G_M/ Bowlhead99 RIP0 -
I would recommend searching the forum for previous discussion on this same subject
Loads of informative replies in this thread dated October 2020: https://forums.moneysavingexpert.com/discussion/6206785/confused-on-charges-for-foreign-shares
"If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett
Save £12k in 2025 - #024 £1,450 / £15,000 (9%)0 -
AJ Bell are low cost, but will still charge you 1% FX commission on relatively small transactions up to around £10K. If holding long term that's not such a issue.
My Amzn shares are held with Bell. I'm not sure if there is anyone cheaper.“Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.” Charlie Munger, vice chairman, Berkshire Hathaway0 -
etoro and trading 212 -both free0
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