Where to find a list of online U.K. stock brokers that permit trading in U.S. stock markets?

Question

I am currently a beginner investor, in the U.K., and I would like to know what are the best online international stock brokers. That is, I wish to trade stocks that are listed on U.S. stock exchanges. Where can I find a reputable list of such brokers in the U.K.?

I looked at: http://www.hl.co.uk/ and http://etrade.com/ but I am totally not sure which one should I choose.

Thank you in advance and sorry for my lack of knowledge in this area. I just want to somehow start investing my money and there is no proper guide on the Internet how to do that and not get deceived or misunderstood.

Answer 1

It depends on how experienced you are, and what fees you are willing to pay.

For starters, Barclays Stockbrokers https://www.barclaysstockbrokers.co.uk/Pages/index.aspx is a decent place to trade, but the trading costs are relatively high.

For people who are more experienced, Interactive Brokers http://www.interactivebrokers.co.uk is fantastic because of its low costs and good execution. The downsides are minimum fees ($10 a month in commissions), and no customer service.