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Nairaland Forum / Nairaland / General / Investment / I Want To Buy Foreign Shares In A Foreign Country. How Do I Do It? (701 Views)
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I Want To Buy Foreign Shares In A Foreign Country. How Do I Do It? by Nobody: 2:23pm On May 07, 2015 |
I have money that I intend buying up shares with. But This time around, I want to buy shares of foreign companies in a foreign country (eg shares of netflix, bloomberg, BP etc). How do I go about it?? Can my local stock broker facilitate the deal?? Do I need to travel abroad in order to purchase those shares?? Urgent answers needed. |
Re: I Want To Buy Foreign Shares In A Foreign Country. How Do I Do It? by Nobody: 2:25pm On May 07, 2015 |
Cc: lalasticlala, seun, obinoscopy help me out plss |
Re: I Want To Buy Foreign Shares In A Foreign Country. How Do I Do It? by Nobody: 3:19pm On May 07, 2015 |
Not sure if the investors in Nigeria can help but there are tons of online trading platform you can use, like Ameritrade but you will have to have an account with them or a reputable bank. As long as you are not going into short selling of stocks or margin trading, you will be accepted if you fund your account although Nigeria's credibility outside nigeria has taken a big hit due to 419 Good luck |
Re: I Want To Buy Foreign Shares In A Foreign Country. How Do I Do It? by Nobody: 3:21pm On May 07, 2015 |
^ thanks bro! It helped |
Re: I Want To Buy Foreign Shares In A Foreign Country. How Do I Do It? by Nobody: 11:18pm On May 07, 2015 |
Also consider the foreign exchnge risk. US market also charge witholding tax of between 15 to 30 % so do your home work well |
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