What are some good, low fee brokerages for directly accessing non-US stock exchanges?
9/3/2025 03:50pm
For directly accessing non-US stock exchanges, it's important to consider brokers that offer low fees, global reach, and a wide range of investment options. Here are some top choices:
1. **Interactive Brokers**: Known for its extensive global reach, Interactive Brokers allows trading in over 160 markets worldwide. It supports a diverse array of assets, including stocks, options, futures, currencies, and more. The platform is unified, making it easy for clients from over 200 countries to invest globally.
2. **Fidelity**: Fidelity provides access to markets in 25 countries and offers the flexibility to settle trades in either local currency or U.S. dollars. This makes it a solid choice for investors looking to invest in international markets without worrying about currency conversion fees.
3. **Moomoo**: This broker is particularly advantageous for those looking to trade Chinese stocks, as it offers direct access to the Chinese stock market. It also provides access to other Asian markets like Hong Kong, Singapore, Japan, and Australia, depending on the jurisdiction.
4. **Charles Schwab**: While primarily known for its U.S. market expertise, Schwab does offer international trading capabilities. Its Global account provides access to domestically traded securities from roughly 30 international markets, with trades settled in U.S. dollars. This can be a good option for those already invested in the U.S. market who want to expand their investment scope.
When choosing a brokerage for international trading, consider the following factors:
- **Global Reach**: Ensure the brokerage provides access to the specific markets you're interested in.
- **Fee Structure**: Look for brokers with transparent and low fees, especially for international trades.
- **Currency Options**: Check if the brokerage allows trades to be settled in local currency or U.S. dollars to avoid unfavorable exchange rates.
- **Asset Diversity**: Consider a broker that offers a wide range of investment products, including stocks, options, futures, and more, to suit your investment strategy.
Each of these brokers offers distinct advantages and is well-suited for different types of international investors. Interactive Brokers and Fidelity, in particular, stand out for their comprehensive global coverage and low fees, making them excellent choices for those looking to diversify their investments beyond the U.S.