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Overseas
share dealing

Buy and sell thousands of American and international shares

Important information - Investments can go up and down in value, so you could get back less than you put in. If you aren’t sure which investments are right for you, please seek advice. Tax rules can change and their benefits depend on your circumstances.

Search overseas shares

A world of opportunity

It’s as easy to buy BMW as Barclays with HL. You can choose from thousands of US, Canadian and European shares. And hold them in the same account as your UK investments. But before you can buy US and Canadian shares you need to complete a W-8BEN form.

Which overseas markets can i trade on?

Complete a W-8BEN form

How to deal overseas shares

You can deal overseas shares online, on the app or by phone. You don’t need to hold foreign currency, the share price is converted into pounds when you deal.

If you have an HL account, simply log in and deal. If you’re new to HL, you can open an account online in minutes.

Fund and Share dealing account

  • Free to hold shares
  • No investment limits
  • Minimum £1 to open

Stocks and shares ISA

  • 0.45% annual charger to hold shares (maximum £45)
  • Invest up to £20,000 this tax year
  • Minimum £100 to open

If you’re investing in retirement, you could also deal shares in your pension. Find out more about the HL SIPP.

Please ensure you have read the important information about holding overseas shares before you deal.

Due to a change in listing or other factors beyond our control, occasionally we may cease to cover an overseas stock. In this case, additional administration charges may apply for dealing these shares.

Exchange rates and dealing charges

When you deal the share price is converted into pounds at the prevailing interbank exchange rate, by a UK-based market maker. You’ll pay an foreign exchange (FX) charge and our standard dealing commission.

Fluctuations in the exchange rate will affect the sterling value of your overseas holdings.

Foreign exchange charge

Value of trade FX charge
First £5,000 1.00%
Next £5,000 0.75%
Next £10,000 0.50%
Over £20,000 0.25%

Online and HL app dealing charge

Deals previous month Dealing charge
0-9 deals £11.95
10-19 deals £8.95
20 or more deals £5.95

In addition to dealing charges, annual management charge to hold shares are 0.45% (capped at £45 a year) in an ISA, and 0.45% (capped at £200 a year) in a SIPP. There is no annual charge to hold shares in a Fund and Share Account.

See our full list of Charges

Buying US and Canadian shares

Before you can buy US and Canadian shares you need to complete a W-8BEN form. This form saves you up to 30% tax on your US and Canadian income, and it’s valid for three years.

You can complete your W-8BEN online now if:

  • You’re not a US citizen or US tax payer
  • You’re the only account holder
  • You're 18 or older

Complete a W-8BEN online

You’ll need to complete a paper W-8BEN form if:

  • You’re a US citizen or tax payer
  • This is a joint account you hold with someone else
  • This is a company, charity or trust account
  • You’re acting as power of attorney

A W-8BEN is valid for three calendar years after the year it is signed. We will contact you when it's time to renew.