Trading on foreign exchanges?

StockHunter said: "Hey I was wondering if there was a good borker that will allow you to trade on other exchanges (i.e. Australian Stock Exchange, London exchange, etc.)? I checked out etrade but they told me that I can only: 1.) trade a select list of stocks (i.e. FTSE 100) 2.) I can only do limit orders (which I don't mind) 3.) I can't daytrade them. I'm looking for a borker witout the 3rd limitation, and would also like it to not have #1 but I can live with it."

ashleycameron said: "Whether trading on other foreign exchanges will help us to get more profit then our country.. How much risk involved in investing to other foreign exchanges.."

ratAphooey said: "All you should need to do is buy ADRs. Most major companies offer them."

JonathanO said: "[quote=StockHunter;71298]Hey I was wondering if there was a good borker that will allow you to trade on other exchanges (i.e. Australian Stock Exchange, London exchange, etc.)? I checked out etrade but they told me that I can only: 1.) trade a select list of stocks (i.e. FTSE 100) 2.) I can only do limit orders (which I don't mind) 3.) I can't daytrade them. I'm looking for a borker witout the 3rd limitation, and would also like it to not have #1 but I can live with it.[/quote] Hello StockHunter, I actually work for a startup company which focuses in this area specifically As I'm sure you are aware, there is a tremendous amount of variance with the trading on foreign exchanges. I recently did a tremendous amount of research about the capabilities of various brokers to exchange directly into developing and emerging markets. Frankly, few US-based firms have the ability to - the only ones I know of are: Smith Barney, Vanguard, Wachovia, Fidelity (Fidelity seems to have the best reach) -but they usually require fairly high minimums ($50k+per trade). The other option is to get a broker directly in another country - each has their own capabilities but a few of the big ones are InvestorsEurope (which ironically has a tremendous reach in Asia). I guess the answer to your question is, it depends on which exchanges you are looking for. A list of some brokers for each country/exchange is listed on the Emerginvest Website as well as data on the world markets to help you research where you want to invest if you don't know already. (you will have to sign up as a beta tester but its a very easy process). What countries are you thinking of investing in?"

StockHunter said: "I was thinking mainly asia (ASX mostly) becasue i'm looking to make my day-trading day longer."