CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Trading & buying US shares in the UK
The US stock market is where mega-caps like Apple, Google, and Amazon call home. Interested in buying or trading US shares in the UK? Here’s a quick and easy guide on how to do just that.
How to buy or trade US shares
Buying US shares in the UK
If you want to buy and invest in US stocks, then you’ll want to head over to our Share Dealing* site to open your account. This will give you access to thousands of American stocks, from large caps to smaller firms, with plenty of options to choose from that suit your investment goals.
Please ensure you do your due diligence before committing to any investment. Be sure to read our insights to give you an idea about which stocks are performing well, market conditions that can affect share prices, and general background that could help inform your investments.
Charges & W-8BEN forms
US stocks have extra small charges on our Share Dealing platform. These are minimal, but they’re important to know about.
It’s standard practice for US depositary receipts to charge an annual administration fee up to USD 0.05 per share depending on the issuing depositary bank, to cover banks’ processing costs.
US shares can also only be bought using US dollars, so you may be charged a small conversion fee on stock purchase too.
Also, you will need to fill out a W-8BEN form. No one can buy US stocks in the UK without one. They’re required by the US Inland Revenue Service to confirm that you’re not a resident of the United States for tax purposes. Upon completion, we’ll be able to process an individual tax benefit for you. You can then enjoy a reduction of up to 30% in the amount of US tax you’re charged on dividends from the US shares you buy.
You can find a breakdown of the charges pertaining to US shares and download a W-8BEN form from this page.
Trading US shares in the UK
To trade on US shares, you don’t have to own them. Our Marketsx platform lets you trade derivatives like US stock CFDs and place spread bets too on a wide range of large caps and other American firms.
With this approach to trading, you don’t have to own the underlying asset you’re speculating on, in this case stocks. Instead, you trade on the asset’s price movements. You can go long if you think the price will rise or take a short position if you think the price will fall.
Remember the risks
Investing or trading leveraged products like CFDs is risky, as is buying and selling shares. If you wish to invest or buy US stocks, please bear that in mind. Make sure you do your research before you commit to any specific stocks and only invest if you can afford any losses.
*only available in certain jurisdictions.