Trading on the NYSE and NASDAQ?

[DEP]

What is the best way to trade NYSE and NASDAQ shares? I have traded Euro shares via BES bank account there, however it only allows me to trade Dow 30 or Nasdaq 100 components. I need to trade others, thanks.

[Werner_1]

You can open an account in USA, TD Ameritrade is very good. Get SARS clearance and you can transfer cash easily...

[DEP]

Thanks Werner. Do you trade with them? Are they safe and reliable?

[Theater_Cat]

JSE too easy for you?

[Werner_1]

DEP, sorry, i commented but lost connection... Yes i have an account at them, very good service, stable company. transferring money to them is no problem and trade execution is excellent, flat brokerag of $9.99... i would recommend them...

[Werner_1]

There is many very interesting companies to invest in on those markets which are not on the JSE. e.g. I made 12% in one day (Thrus) on what i call a very safe company - Research in Motion - others might not agree with me, but their business is expanding at a pace which is unbelievable. excellent devices - BlackBerry.

[DEP]

Thanks Werner. Have opened the account today. I just need tax clearance and then request my bank to make the transfer and post all required doc., right? How long does SARS take?

[DEP]

Selling offshore unit trusts and placing the proceeds in a more active account - US trading account. My OST stays the same.

[macker753]

Is there a monthly fee on TD Ameritrade? Can't seem to see it on the website!

[Werner_1]

DEP, i normally sent a fax to SARS then waited about 5 days before calling to confirm that its available and driving to the office to pick it up. they work quite well, just fetching it is a hassle for me as i live in Somerset West and need to go to CPT or Bellville for collection, they dont sent it, it needs to be picked up personally.

[Werner_1]

DEP, i normally sent a fax to SARS then waited about 5 days before calling to confirm that its available and driving to the office to pick it up. they work quite well, just fetching it is a hassle for me as i live in Somerset West and need to go to CPT or Bellville for collection, they dont sent it, it needs to be picked up personally.

[Werner_1]

DEP, i normally sent a fax to SARS then waited about 5 days before calling to confirm that its available and driving to the office to pick it up. they work quite well, just fetching it is a hassle for me as i live in Somerset West and need to go to CPT or Bellville for collection, they dont send it, it needs to be picked up personally.

[Werner_1]

mac, no they dont charge monthly's only brokerage when trading at $9.99 per trade. and you get numerous research reports, S&P being my favourate which is very informative. excellent service!

[DEP]

Thanks Werner. And transferring the money, is that done by my local bank?

[Werner_1]

Yes, i went to the forex desk at my local SBK for them to transfer, takes 2 days to reflect in US account but they SBK guys know what they doing. just make sure you have a SWIFT code and all details to save time.