International investing can be daunting if you don’t know where to begin. Forget the problems of choosing good stocks from the other side of the world – just knowing how to buy them can be tricky enough.
If you’re reading this article, you probably already have a stock broking account. But unless your broker is one of a select few specialists, it probably isn’t a great help in buying foreign shares.
Typically, brokers either offer a very limited range of foreign markets or charge prohibitively high fees for foreign dealing.
That’s not a big surprise. In the past, the vast majority of regular investors never bought shares outside their home country, so there was little need for brokers to offer these services.
But the situation is changing. Many more people are buying foreign stocks and it’s becoming ever easier and cheaper to do.
This article will explain the three ways you can join them. In the order in which investors usually first try them, they are:
- buying locally listed international companies
- switching to a local broker who can buy some foreign shares
- opening an account abroad to buy more unusual foreign stocks
We’ll run through each of these in detail. But the links above let you jump ahead to the section you want.