Wealth firm Charles Stanley has introduced an international trading capability to its investment platform Charles Stanley Direct.
From November 2022, customers will be able to purchase international stocks, alongside funds and UK stocks that are already available on the platform.
Clients will be able to trade shares online in more than 4,000 companies in North America and Europe without having to hold foreign currency, the firm said. The companies include Apple, Amazon, Tesla, BNP Paribas, Nestle and Mercedes-Benz.
Global markets or shares that are not available on the platform can be accessed via Charles Stanley’s telephone dealing services for international trading.
Marcus Tree, director of Charles Stanley Direct, said: “In the UK, we have a mature, diverse stock market but it is lacking in certain areas. There are limited opportunities to invest in major tech firms, with significant bias to sectors such as oil and banks. No country has all the ‘best’ companies, so investing internationally helps to maximise opportunity and manage risk exposure.
“The US, for instance, makes up over half of the global stock market. It is the biggest global economy and home to many of the world’s largest companies and recognised brands.
“Access to global investment opportunities is an important component of any diversified portfolio, so we’re delighted to be able to offer our clients this cost effective and wide-ranging service to better improve client experience.”
