I'm interested in buying approx EUR 5-10k worth of a certain US stock in the coming weeks. I have upto now used an Irish broker but their costs are expensive for purchasing shares on the NYSE. Can anyone recommend a good broker for this (either on the high street or online)?
There are no share certificates. Your holding is held electronically in a nominee account. This allows for ease of purchase and sale. Here's some info from TD Waterhouse. I'm sure it's pretty much the same for all online brokers.
Gone are the old days of paper certs. very few shares these days are held in paper, almost all are held in custodian accounts with mega-institutions such as Merill Lynch or Goldman Sachs by the brokers. Much more expensive to deal with paper cert, and in some cases it is not possible to even get a paper cert for certain shares.
I'm interested in buying approx EUR 5-10k worth of a certain US stock in the coming weeks. I have upto now used an Irish broker but their costs are expensive for purchasing shares on the NYSE. Can anyone recommend a good broker for this (either on the high street or online)?
I've been with International Brokers (ibworldwide.com) for almost a year now and I'm happy. Good support and they've been very professional so far. Not sure how much trading you do but for day trading and swing trades they're good.