Important information: I am a French resident.
Hi, I like Revolut Trading as it gives me access to US stocks. But unfortunately I can’t buy SWI stock, for some reason it is not available.
On which other platform can I buy this stock? RobinHood seems for US residents, Degiro… not clear which stock can be bought. What does the community recommend?
Besides in R, I trade in TRADING212, not sure if it is avail in France. I just checked and SolarWinds is there
Thanks I just opened a Trading 212 account, and yes, it is available in France. For those interested, my first observation is that Trading 212 does not offer a multi currency account.
You have to decide, at registration, if your account is in EUR or USD, you cannot have both, and you cannot change that choice once your choice is made. For example, if your base account is in EUR and you are selling USD stocks, Trading212 automatically converts the proceedings of the sale to EUR, so you cannot keep the amount in USD, if you base account is EUR.
FYI, multi currency accounts are the #1 voted feature request in Trading212, but there is no indication of admins that it is in the roadmap. Revolut is clearly ahead, on the currency front, but it is too bad that Revolut Trading does not offer the stock that I want to buy, so I have to open an account in another platform.
I don’t see how this is true in regards to trading. The Revolut trading account is USD only, you can’t invest in EUR even if the stocks you’re interested in are listed on a European stock exchange.
So you might be able to exchange for a better rate with Revolut, yes, but the risk of currency fluctuations makes it slightly more complex and, depending on national tax law, calculating losses and profits correctly becomes a master class in „fun with spreadsheets“.
