Help & FAQs

Can I trade in International Investments?

We can trade in international investments as long as they settle through CREST.

French & Italian stocks

There are some Italian and French investments which we cannot trade due to the need to collect Financial Transaction Tax: we currently have no capability to collect and pay this tax to the relevant authorities. This applies more specifically to French companies that have a capitalisation over €1bn and Italian companies with a capitalisation over €500m. For the most up to date information, please contact the Customer Experience Centre.

               
US Securities                                                                                                                               

In order to trade US investments the completion of a W-8BEN form is compulsory: this is a form which allows investors to declare their residency and claim the benefits of the tax treaty that exists between the US and their country of residence. For UK residents, the tax treaty means that withholding tax on dividends will be applied at 15% rather than 30% if no treaty existed. The form will cover all US trades for 3 years and can be found on the ‘Forms and Guides’ page of the website.                                                                                                                                                                    

Please send all forms to:                                                                                                                               Account Maintenance
Selftrade
PO Box 4923
Worthing
BN99 6SF

NOTE: Once the W-8BEN form has been received, your account will be updated within approximately 3 working days.

We apply an additional charge for trading overseas securities. See 'Our fees' for the current prices and terms.

Submitted on 21st Aug 2018

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Risk Warning

The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Selftrade does not provide investment advice. If you are in any doubt as to the risk or suitability of an investment or product you should seek advice from an independent financial adviser.

The extent and value of any ISA tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change.

The extent and value of any SIPP tax advantages or benefits will vary according to the individual's circumstances. The levels and bases of taxation may also change. If your options change regarding an employer's pension scheme you may wish to review your financial situation. Once in a pension your money is only accessible, in general, from age 55.

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