Money

Keeping the global investor in mind

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Committing to becoming an investor in a publicly-traded company can be seen as an arduous process.

First, you have to organise a broker account, then decide how much capital you wish to assign to it, and then you have to ensure that you are able to purchase said shares in the company via an order execution.

On top of this, you need to keep in mind whether the broker you use is reputable enough to be around, for whenever you decide to sell the stocks in the future.

Sounds like a lot of pressure!

Luckily, there are brokers that can fulfil all those requirements, and some even go to another level.

WHAT TO LOOK FOR

If you look at organisations such as Interactive Brokers, the team developed their platform with the global investor in mind.

Investors are able to make a deposit using 25 currencies, which, in turn, can be automatically converted into the currency they need to buy and sell stocks, from over 150 markets and geographies.

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This can be useful for people who wish to trade from international locations, and access markets such as those in the United States. What is also beneficial is the platform also handles the currency exchange transaction through the platform itself, meaning you don’t need to use a third-party just to get your funds into the right way.

WHAT TO WATCH OUT FOR

Be wary of other online brokers that may have limited liquidity and currency exchange rate fluctuations.

If you are outside the U.S. and looking to trade with assets around the world, Interactive Brokers is the top choice. Look for the same features you would out of any broker: a robust industry reputation, up-to-date security standards, great customer service, reasonable costs, lots of educational content and most importantly – access to the markets you want to trade.

Also be aware that if you decide to use another broker – that hasn’t got the strongest reputation – you can have your money and assets instantly absconded. This is why it is crucial to pick the very best when handling your investments.

Trading costs with Interactive Brokers are transparent and low. For investors outside the U.S., commissions start at just USD 0.0035 per share and U.S. residents enjoy zero commissions on U.S. stocks.

Investors are able to sign up for a free trial with no commitment. For more information, head to their website.

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