Forum Archive Index - August 1999

["Eveline Perl-Lems" <eveline.lems@xtra.co.nz>]

Ross,

I have an account with Suretrade; works well. It is not difficult to open an account. You have to print out some forms, fill them out and return them by snailmail. You will find all the details at their site http://www.suretrade.co.nz

But there are many others. One place to start looking is http://www.fool.com/media/DiscountBrokerageCenter/DiscountBrokerageCenter.htm

 

Check out the rest of the Motley fools too, very good site, good message boards too.

 

You have to fill out the forms to be exempt from tax in the US, but I assume you have to declare your profits when you get the money back into NZ, haven’t tried that yet.

 

Good Luck

Alfred

 

 

-----Original Message-----
From: owner-sharechat@sharechat.co.nz [mailto:owner-sharechat@sharechat.co.nz]On Behalf Of Ross W. Jardine
Sent: Friday, 27 August 1999 22:23
To: sharechat@sharechat.co.nz
Subject: [sharechat] Looking for a Broker to trade US shares from NZ

 

Does anyone know of an online broker that accepts account from NZ to trade in US shares?

 

How easy is it to get set up with an account to trade both stocks and options in the US?

 

What are the tax implications of profits from trading in the US market when I bring them back into NZ?

 

Hoping to get some answers to these questions by Saturday morning.

 

A Yank in NZ