I'm not sure if this is the correct forum to ask this question, so please point me to correct forum to ask this question if I'm in the wrong place.
I'm a British national and I live in England. However, I would like to trade stocks on the NYSE. Can I purchase stocks on the NYSE using the services of an American broker with the British Pound and receive profits to my British bank account?
I know the question is a little confusing so I'll try and explain a little further.
When I lived and worked in New York I had an American bank account and therefore there was no problem trading stocks on the NYSE and having any profits transferred to my American bank account. At the time I used Interactive Brokers. My American bank account has now been closed and Interactive Broker require me have an American bank account to trade stocks on NYSE.
I hope that is a good enough explanation.
Any advice will be greatly appreciated.
Cheers
Carlton
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