Australian Stock Exchange

Austalian Stock Exchange?

Can anyone tell me if the Australian Stock Exchange is open to USA investors for direct investment through their brokers? Thank you.

Yes it is open to US investors although most Australian brokers don’t let you open an account online.

eg. E*TRADE Australia, Commonwealth Bank (CommSec) and National Australia Bank only take Australian residents with their online forms.

An alternative way of investing in some Australia shares is to use Contracts for Difference (CFDs) or look at the American Depositary Receipts listed on US exchanges for Australian companies.

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