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  1. #1
    Junior Member
    Join Date
    Oct 2017
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    Question NZ brokers for US stocks

    Hi,

    as the title mentions I am looking to set up a brokerage account that can trade US stocks on the major exchanges there. I'm in the middle of my research (and arrived here!), so, I thought I'd ask for recommendations and any other advice you may have on this subject.

    I'd also like to buy US stocks and receive the physical certificate too in some instances, so any info on that would be much appreciated too.

    Thanks in advance.

    edit: just found this thread from 2014 and had discovered halifaxonline.co.nz. Still looking...
    https://www.sharetrader.co.nz/showth...-buy-US-shares
    Last edited by nzmagpie; 02-10-2017 at 09:44 PM. Reason: new info

  2. #2
    Senior Member
    Join Date
    Mar 2008
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    582

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    I used ASB once, think it cost $80NZD for the trade

    I use InteractiveBrokers now, about US$10 per trade.

    A lot of the US brokerages that service international clients stopped servicing NZ customers (etrade, charles schwab). I guess we are too small

  3. #3
    Junior Member
    Join Date
    Oct 2017
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    Default

    Awesome, thanks for the info - will look into InteractiveBroker today.

  4. #4
    Member
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    Feb 2015
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    35

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    Quote Originally Posted by nzmagpie View Post
    Awesome, thanks for the info - will look into InteractiveBroker today.
    Another option is TD Ameritrade, I use them and found them ok to set up from NZ.
    https://www.tdameritrade.com/







  5. #5
    Junior Member
    Join Date
    Sep 2017
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    I have setup an account with Halifaxonline, they're Auckland based. Service thus far has been very good. Their fees appear to be very decent too.
    I am somewhat confused by the investment software though - just a bit complicated IMHO - but its probably just me.

    Will take a look at IB and TD though, I know IB is very popular overseas.

  6. #6
    Junior Member
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    Sep 2017
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    16

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    Quote Originally Posted by Entrep View Post
    I used ASB once, think it cost $80NZD for the trade

    I use InteractiveBrokers now, about US$10 per trade.

    A lot of the US brokerages that service international clients stopped servicing NZ customers (etrade, charles schwab). I guess we are too small
    just curious, how does one fund the IB trading account? just a Forex transfer from NZ to US?

  7. #7
    Ignorant. Just ignorant.
    Join Date
    Jan 2005
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    Irresident
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    Just curious, what are the ownership arrangements with IB? Held in your name or in a custody account

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