US international stock brokers comparison table

 
Last UpdatedApr 242013

The table below compares major US stock brokers who can buy foreign shares. If you haven’t already done so, I recommend you begin by reading the US international stock brokers guide for an overview of what’s available and then using this table to compare firms. Further details of fees and services are listed on each stock broker’s individual page.

To find a stock broker that can trade a specific international market, use the search function in the international stock brokers directory.

If you’re simply looking for the cheapest stock brokers registered in the US for buying US stocks and options only, see the US online discount brokerage fees comparison table instead.

 
Markets available
Minimum commissions
Multicurrency account
Tax wrappers
Minimum investment
Charles Schwab Global Account
More details
Online: Australia, Belgium, Canada, Finland, France, Germany, Hong Kong, Italy, Japan, Netherlands, Norway, UK, USAOnline: ~US$8.95-35

Broker-assisted: ~US$35-75
YesNoneNone, but clients will need an existing Schwab One account (minimum deposit US$1,000)
Charles Schwab One Account
More details
Online: USA

Broker-assisted: Argentina, Australia, Austria, Belgium, Canada, Czech Republic, Denmark, Finland, France, Germany, Greece, Hong Kong, Hungary, Indonesia, Ireland, Israel, Italy, Japan, Luxembourg, Malaysia, Mexico, Netherlands, New Zealand, Norway, Philippines, Portugal, Russia, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK
Online: US$8.95

Broker-assisted: min US$100
NoIRAUS$1,000 for USA accounts, US$10,000 for Hong Kong and UK accounts, US$25,000 for others
E*Trade
More details
Online: Canada, France, Germany, Hong Kong, Japan, UK, USAOnline: ~US$8-45

Broker-assisted: ~US$55-85
YesIRAUS$500
EverTrade
More details
Online: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, UK, USAOnline: ~US$9-150YesIRANone
Fidelity
More details
Online: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, UK, USAOnline: ~US$8-40

Broker-assisted: ~US$30-100
YesIRANone
Interactive Brokers
More details
Online: Australia, Austria, Belgium, Canada, France, Germany, Hong Kong, India (for NRIs only), Italy, Japan, Mexico, Netherlands, Singapore, Spain, Sweden, Switzerland, UK, USAOnline: min ~US$1-13YesIRAUS$10,000
Notes on the US international stock brokers comparison table

Many US international stock brokers will accept non-resident retail investors, although some may not consider it worth while. Interactive Brokers, EverTrade and Charles Schwab have all confirmed that they will, although this does not apply to the relatively new Schwab Global Account. Interactive Brokers has offices in several countries and may choose to accept foreign clients through those instead of the US office.

Be aware that some US stock brokers will claim that they ‘can buy stocks from 80 countries’ or something similar. What this means is that they can deal in ADRs or in international stocks traded over-the-counter in the US. This is not the same thing as being able to buy all or even most stocks from these countries – the range of companies available will be limited, liquidity may be poor and prices will usually be higher than you’d pay buying directly.

Firm that can only do this are not international stock brokers in any real sense and such a service is of limited use to any investor who wants more flexibility in their international investing. Instead, look for a stock broker that deals directly in the foreign stocks, not their US listings – either through a local presence in the country or through intermediaries that will buy and sell a comprehensive range of shares from that market.

Information in the US international stock brokers comparison table comes from the stock brokers’ websites, conversations with stock broker staff members and conversations with investors who use the services. While I try to ensure it is accurate and up-to-date, I cannot guarantee that. You should always check current terms and conditions before opening an account. If you identify any errors or omissions, please email me using the contact form.