I would like to trade mostly US stocks and I am looking for a UK broker to do that.
I know that sharecentre (share.com) allows the trading of US stocks via CREST Depositary Instruments (CDIs).
I am not familiar with CDIs, and if I understood correctly, using CDIs means not being a direct owner of the shares. I would like to own the stocks for a long period (years maybe) and I am not sure if using CDIs is a good idea?
Also do you know UK brokers which allow a direct ownership of the stocks (no CDIs) ?
Thanks a lot!
I know that sharecentre (share.com) allows the trading of US stocks via CREST Depositary Instruments (CDIs).
I am not familiar with CDIs, and if I understood correctly, using CDIs means not being a direct owner of the shares. I would like to own the stocks for a long period (years maybe) and I am not sure if using CDIs is a good idea?
Also do you know UK brokers which allow a direct ownership of the stocks (no CDIs) ?
Thanks a lot!
UK broker for US stocks and CDIs
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