[isatrader]

Hi Isa, i'm looking at moving my funds around, and need a broker that will allow me to trade US ETFs if i wanted to. I dont suppose you know if they will allow that? and what's the charges like? Looking at the site there's a free trial. i just want relatively low cost and good execution
Thanks for the link
And again looking at the site, they are claiming a SIPP account as well
I remember using them some time ago, and i think it was the platform that i found really annoying. anyway, good luck with them. everyone uses them, and i know they have an API into their data which could be useful for me.
hopefully i'll be in a position to use the referral

I think you'll struggle with US ETFs across the board, as a new law came in at the start of the year I believe, which prohibits non US citizens from trading in them. I had a position in $MJ for example, but couldn't add to it after mid January and was only allowed close only from then on, and all the other US etfs that I track are now not tradable. I was told it was US law change. But don't know any detail on it.

You can get the interactive brokers SIPP via www.atsipp.co.uk, which I'm planning to move to later this year once my current positions are closed. They give you a cash only account for the SIPP. But if you open a standard taxable account, then you can trade with the cash account or margin account, or portfolio margin account if you're really loaded. The margin account gives you up 4x buying power, but 2x on stocks. So if have 100k account, then you could trade £200k of stock for example, or more even if mixed with other products. Personally I'm running at around 100% to 125% invested most of the time recently as the market is so strong, but haven't pushed it to the limits yet, but know a few that do. But I'm considering having an index etf position for 100% of the account, and then using the margin for my daily swing trades.

The platform is different now, they have a new platform, as well as web and mobile options too which some people use for the simplicity of those. But I prefer the TWS desktop platform which has the works, and takes some time to get used to. But once set up after a few youtube videos, it's amazing, as so much you can do with it.