No Automated Trading in IRA
I knew it couldn't be that easy, hehehe!
When I went in and signed up for international stock trading, I thought it was legit for all accounts, but I noticed the only "eligible" accounts were the taxable account, and the HSA. Then later, when I called the international trading desk, the guy said "I don't know why the programmers included HSA type accounts...that won't work". So basically I was down to my after tax account (which has a grand total of $6.65, hehe!).
But if I wanted to trade internationals in my Roth, he said he could give me estimates of prices now, or I could call back when both the US and European markets were open, and I could buy the individual stock.
Lots of fees. Currency exchange fee seemed like a rip off at 1%. Then there are taxes of 0.3%, and the 19 euro commission. Seemed like there were more fees too (I wasn't taking notes). For my situation, I'd be making a long-term "bet" on what I think might be a promising company. It could go way up, or go bust, so it would be a tiny position in relation to my overall portfolio.
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