Perks per Share

Market guide

NYSE

New York Stock Exchange

The New York Stock Exchange (NYSE) is a US exchange where shares trade in US dollars. UK and Canadian brokers commonly offer online access, but dealing, currency conversion and custody charges vary by provider.

Current shareholder perks

Our coverage includes the following companies with current perks.

Dealing considerations

Identify the exchange

NYSE, NYSE American and NYSE Arca are separate exchanges within NYSE Group. NYSE American focuses on smaller companies, while NYSE Arca mainly trades exchange-traded products. Check the exchange attached to the company’s ticker when confirming broker access.

Allow for trading hours and settlement

The NYSE’s core session runs from 9:30am to 4pm Eastern Time, with closures on US market holidays. Check your broker’s dealing hours: AJ Bell, for example, says online US quotes are generally available from 2:30pm to 9pm UK time on UK business days. Most US trades settle one business day after dealing, known as T+1, so allow for that delay when working back from a perk’s qualifying date.

Check charges, tax forms and account eligibility

Alongside dealing charges, compare the cost of converting currency and holding the shares. US dividends can be subject to withholding tax; ask your broker which form it needs to apply any treaty reduction available to you. Confirm that your chosen account can hold the shares too.

Check whose name appears on the register

Some UK routes use CREST Depository Interests (CDIs), which AJ Bell describes as UK securities representing an underlying interest in an overseas security. Ask your broker whose name the shares will be registered in, and check whether the issuer accepts your proof of ownership or requires the shares to be registered in your name.

Check how easily the share trades

The NYSE’s entry requirements cover shareholder numbers, publicly held shares, share price and financial tests. They do not tell you how easily you can buy or sell a particular share today. Check its trading volume and the gap between buying and selling prices.

Brokers and charges

Compare the dealing terms below for selected brokers. Before buying, check the issuer’s eligibility rules and ask your broker what help it provides with the claim.

AJ Bell

These charges cover UK retail clients with a Dealing account.

How to deal
You can deal online or by telephone. Online US dealing is limited to shares available as CREST Depository Interests (CDIs), with quotes typically available from about 2:30pm to 9pm UK time.
Dealing charges
An online share trade costs £5.00, reduced to £3.50 after 10 or more share deals in the previous month. A telephone trade costs £25. Currency conversion costs 0.75% on the first £10,000 of a deal, 0.50% on the next £10,000 and 0.25% above £20,000.
Other costs
Holding shares costs 0.25% a year, capped at £3.50 a month. Converting foreign dividends to sterling costs 0.50%. You need a W-8BEN form for US shares outside a SIPP. Additional government or exchange charges may apply.

AJ Bell describes CDIs as UK securities that represent an underlying interest in an overseas security. Not every overseas share is available in this form. Ask AJ Bell whose name the underlying shares are registered in.

AJ Bell: charges  , checked

Fidelity Investments US

Fidelity’s US pricing applies to people in the US only.

How to deal
You can deal online.
Dealing charges
Online US share trades carry USD 0 commission. Trades placed through a representative may cost more; the source does not itemise those charges.
Other costs
Fidelity charges USD 50 per trade to settle foreign ordinary shares that are not eligible for settlement through the US Depository Trust Company (DTC). Check whether the fee applies to the share you want.

Fidelity US: charges  , checked

Hargreaves Lansdown

These charges cover UK retail clients with a Fund and Share Account, Stocks and Shares ISA or SIPP.

How to deal
HL lists the NYSE among its online overseas markets.
Dealing charges
An online share trade costs £6.95, reduced to £3.95 after 20 or more deals in the previous month. A telephone trade costs £29. Currency conversion costs 0.99% on the first £10,000, 0.50% on the portion from £10,000 to £25,000 and 0.20% above £25,000.
Other costs
Holding shares costs 0.35% a year, capped at £12.50 a month. A W-8BEN form can reduce US dividend withholding. HL says the form is usually valid for three years. GOV.UK says you do not normally pay Stamp Duty or SDRT when you buy foreign shares outside the UK, but you do pay on shares in a foreign company that has a share register in the UK. Foreign-currency dividends and corporate-action payments are converted to sterling with a 1% charge.

Hargreaves Lansdown: charges  , checked

interactive investor

UK-resident individual clients can use a Trading Account, ISA or SIPP on a Core, Plus or Premium monthly plan.

How to deal
ii offers online dealing on the New York Stock Exchange.
Dealing charges
For US share trades up to £100,000, the online commission is £3.99 on Core or Plus and £2.99 on Premium. For larger trades, ii lists a charge of 0.04% of the trade value; check the full tariff before ordering. Telephone orders add £49 to the dealing commission. Plus includes £3.99 and Premium £5.98 of monthly trading credit, valid for 31 days. This credit cannot pay the telephone surcharge. Currency conversion costs 0.75% on Core and 0.25% on Premium. On Plus, it costs 0.75% on the first £50,000 and 0.25% above that.
Other costs
Monthly plans cost £5.99 for Core (portfolios up to £100,000), £14.99 for Plus or £39.99 for Premium, whether or not you trade. US dividend withholding applies. GOV.UK says you do not normally pay Stamp Duty or SDRT when you buy foreign shares outside the UK, but you do pay on shares in a foreign company that has a share register in the UK.

interactive investor: charges  , checked

TD Direct Investing

These charges cover Canadian residents with TD Direct Investing self-directed accounts.

How to deal
You can deal online or place an order through a representative by telephone.
Dealing charges
An online trade of at least one share costs USD 9.99, reduced to USD 7.00 for active traders making at least 150 trades per quarter. Telephone trades cost at least USD 43. Commissions follow the trade’s currency.
Other costs
US trades funded from a Canadian-dollar account require currency conversion. TD applies a published conversion spread on top of the exchange rate, from 1.07% on the smallest transactions down to 0.27% on the largest. Accounts with less than CAD 15,000 in household assets cost CAD 25 a quarter unless a fee waiver applies.

Check how TD handles US dividend withholding for your account.

TD Direct Investing: charges  , checked

TD Direct Investing: full tariff and fee waivers  , checked

TD Direct Investing: currency conversion  , checked

Wealthsimple

These charges cover Canadian residents with Wealthsimple Investments Inc. self-directed accounts.

How to deal
You can deal online.
Dealing charges
Listed US and Canadian securities carry no commission.
Other costs
US trades funded from a Canadian-dollar account convert currency at Wealthsimple’s corporate rate plus 1.5%. A US-dollar account lets you trade from a US-dollar balance; it costs CAD 10 plus tax a month after a 30-day free trial and is free for Premium and Generation clients. Converting cash between your CAD and USD accounts costs 1.5% below 10,000 in the currency you convert from, 1.0% from 10,000, 0.5% from 25,000 and nothing from 100,000; you can also transfer in US dollars from elsewhere. Check how Wealthsimple handles US dividend withholding for your account.

Wealthsimple: charges  , checked

Wealthsimple: plans and USD accounts  , checked