Buying American ETF's

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
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PTGoonerPTGooner Forumite
23 Posts
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
Hi

does anyone know any reputable online brokers that sell Amercian ETF's?

thanks

Replies

  • Mr_MumbleMr_Mumble Forumite
    1.8K Posts
    If you mean an ETF that invests in US shares then Barclay's Ishares S&P 500 ETF (ticker: IUSA) should be available from any online broker.

    If you mean ETFs actually listed in the US then you'll need a broker who allows investing in the US market.

    TDWaterhouse:
    Their Trading Plus account is probably the simplest way to invest directly in the US. Though, there have been complaints about high currency conversion costs.

    E-Trade
    There is a link on the UK homepage for investing in US shares. Don't know anymore and the website doesn't give much detail.

    Charles Schwab:
    You need $10,000 to open this account. Preferred by the folks at fool.co.uk for the customer service.

    Internaxx:
    Ultimately run by TDWaterhouse but this is a pan-European brokerage run for expats so a good alternative for those who move between countries.

    You'd need to fill in the "W-8BEN" form before trading US shares.
    "The state is the great fiction by which everybody seeks to live at the expense of everybody else." -- Frederic Bastiat, 1848.
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