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Is there a good stock brokerage company that I can trade with, via international credit cards or paypal? I live in Israel.

What I basically want from such a broker is:

  1. Reliability
  2. Ability to receive and send money :)
  3. Ability to trade US (+ other?) stocks
  4. Ability to accept future instructions like "Buy X dollars worth of stock Y anywhere between now and two days from now, if you get a price below Z"
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Are there not brokerages in Israel that will take your money and allow you to trade U.S.-listed stocks? –  Chris W. Rea Apr 12 '10 at 0:05
    
@Chris - There are such brokers, but is there a benefit to using them over an international one? I imagine the international ones are better simply because they're bigger. –  ripper234 Apr 12 '10 at 6:02
    
@ripper - second Chris' comment. Any tax implications would likely be simpler with a local broker, also currency and other implications are likely easier as well. Dispute resolution also generally simpler in same-country dealings. –  sdg Apr 15 '10 at 1:36
    
@sdg makes some great points. I myself use a Canadian broker to trade in U.S. stocks. As long as your local broker has access to the international markets you want to trade in, and at a reasonable cost, you're better off. –  Chris W. Rea Apr 16 '10 at 16:46
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2 Answers

up vote 4 down vote accepted

I maybe uninformed, but I haven't heard of a broker that lets you trade with credit cards or Paypal.

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I haven't heard of such a broker, either. –  Chris W. Rea May 9 '10 at 15:58
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I would try a (very large) bank. Because basically your question has to do with credit and payment as well as brokerage. I'm really talking about banks that have brokerage arms.

In Israel, there are only one or two banks that might come to mind (e.g. Bank Leumi, Bank Harpolin.) In the U.S., Citigroup, which has Salomon Smith Barney under it, or JP Morgan Chase, with the former Bear Stearns. Maybe the equivalent in the U.K. Barclays or Natwest, or the Continent, Deutsche Bank or BNP.

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