Broker for US stocks and options

Options
caldi9
caldi9 Posts: 210 Forumite
First Anniversary First Post Name Dropper Combo Breaker
in Savings & investments
Hey, looking for a broker that offers US stocks and options, can be in Sipp/ISA format but not a must. Spreads and FX charges at brokers like AJ Bell are just horrendous. Thanks

Comments

  • Cold_comfort
    Cold_comfort Posts: 207 Forumite
    First Post First Anniversary Combo Breaker
    Options
    I use Hargreaves Lansdown for US stocks. Spreads have been fine. FX commission has worked out at ~0.4% but these were large transactions. Both within and outside an ISA. SIPP probably also possible but I haven't tried.
  • caldi9
    caldi9 Posts: 210 Forumite
    First Anniversary First Post Name Dropper Combo Breaker
    Options
    Cold_comfort said:
    I use Hargreaves Lansdown for US stocks. Spreads have been fine. FX commission has worked out at ~0.4% but these were large transactions. Both within and outside an ISA. SIPP probably also possible but I haven't tried.
    Do they offer options as well?
  • Futuristic
    Futuristic Posts: 1,137 Forumite
    First Anniversary First Post Photogenic Name Dropper
    edited 16 January at 5:22PM
    Options
    Afaik you cannot do options inside ISA, might be able to with a SIPP at specialist broker? Not sure.

    Anyways Interactive Brokers for GIA is perfect for both frequent US stock trading and options. Lowest fx fee in the market. They also offer an ISA for £3/mo. 
  • Cold_comfort
    Cold_comfort Posts: 207 Forumite
    First Post First Anniversary Combo Breaker
    Options
    caldi9 said:
    Cold_comfort said:
    I use Hargreaves Lansdown for US stocks. Spreads have been fine. FX commission has worked out at ~0.4% but these were large transactions. Both within and outside an ISA. SIPP probably also possible but I haven't tried.
    Do they offer options as well?
    Not as far as I know.
  • sausage_time
    sausage_time Posts: 772 Ambassador
    I'm a Volunteer Ambassador First Post First Anniversary Name Dropper
    Options
    Schwab UK?  Come with a US$ Visa Debit card to access cash in the account.
    I’m a Forum Ambassador and I support the Forum Team on the Credit Cards and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • GeoffTF
    GeoffTF Posts: 1,521 Forumite
    First Anniversary First Post Photogenic Name Dropper
    Options
    Futuristic said:
    Afaik you cannot do options inside ISA, might be able to with a SIPP at specialist broker?
    You cannot trade options in an ISA, but you can in a SIPP, if you can find a broker who supports that.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.6K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.8K Work, Benefits & Business
  • 608.8K Mortgages, Homes & Bills
  • 173.3K Life & Family
  • 248.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards