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Community


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Online Share Trading

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Is it possible to buy US stocks directly?

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Mr_S
Super Contributor
if it were possible im sure the tax implecations are crazy rite?
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10 REPLIES 10
Not applicable
JSE is launching a new product that will enable you to trade blue chip shares on international exchanges. No exchange control worries, and you trade in rands (I think). Don't have the details, maybe it is on their website?
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Mr_S
Super Contributor
thats great, wonder if the fees will be much higher though, wish simon would answer, cos im sure there would be some interest with the forum members
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Picky
Regular Contributor
share code, dbxus ie. ETF on top usa stocks
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john_1
Super Contributor
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SimonPB
Valued Contributor
john, to see a share orice head back to 1929 levels ? Yes JSE has neutron, will trade on safex and willbe SSF's on about 15 international stocks.
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john_1
Super Contributor
You get want you believe from the market....
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Not applicable
Hi Picky The interview on Moneyweb implied that they would offer underlying international shares, not just ETF's
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Not applicable
thanks Mammon, that was what I saw.Haven't looked into it though, not really for me, this product
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Mr_S
Super Contributor
john not sure why yr askin why but ill assume yr asking why i would want to buy direct US stocks, wel id lov to take advantage of the current situations as well as get into some small caps that side, with the potential of turning big profits in rand terms
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