[Tryst]

Hi IsaTrader,

who do you use to trade US stocks with you being based in the UK?

I recently moved to H&L and im finding them costing quite a bit when trading US stocks. My cost per trade is down to around £6, which is bearable. It is the FX charges which will hit be long term. Its a 1% charge, so if I trade say $10k that is £100 cost per trade, and then there is another hit on the sell side (so 2% overall). I've already been charged several thousand on FX charges since I moved to H&L early in the year.

Im looking at Trading 212 which has no trading costs and no FX charges - Im assuming it has the same coverage of US stocks that H&L has.

Thanks

I'm using the Trading212 ISA. Its free to trade US stocks, no commission. Only a 1p transaction fee on stop losses if they are hit. Otherwise completely free to trade US stocks. They have a very broad range of US stocks. Nasdaq stocks are always available however new, so I've been able to trade most of the new IPOs stocks immediately .i.e. my current open trades are FROG, LMND, DDOG & SONO. But there are some NYSE stocks that it doesn't have. But it does have the bulk of US stocks on the Nasdaq & NYSE. No US ETFs though, as only has ETFs that are PRIIPS compliant / UCITS certified (which is an EU regulation I believe).

I think you can do a search on their main website to see if it has what you are looking for here: https://www.trading212.com/en/Trade-Equities

Interesting, thanks IsaTrader. Trading 2-1-2 does look like the best candidate due to the lack of FX charge. Only issue I see if the migration process. I remember this taking a few weeks when I was migrating from SelfTrade to HL.