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Hi everyone, I'm Nick and I'm a newb. I am starting out and would like to trade equities using a mix of technical/fundamental analysis. I've heard that the US markets are much cheaper that the UK markets for starters because of the structure of the brokerage fees? Am I right in the thinking the UK brokers charge a flat fee of around £10-£15 per trade? If so, compared to the 1c per share cost of American brokers I am leaning towards starting out over there while my volume is still low. I don't like the idea of having to jump 1.5-3%% just to recover the cost of the trade! How does this affect tax, currency conversions etc - can anyone help me out? What are the advantages of starting out in the UK? Thanks!
