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About This Club

A club for BBT members where we focus on trading the US stock market from the United Kingdom. You don't have to be British to join, all welcome :) This is a place for members to learn more about what it's like trading the US stock market from the UK, as well as tips and tricks to help one another. We can talk about subjects ranging from trading itself, to taxation, and even the weather (because we are British and we love talking about the weather!). Join us, the more the merrier :)

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  2. Hi there. I have found this on the internet. This is not a recomendation, instead I am wondering if anybody here have worked with them? https://www.accountantsfortraders.co.uk/
  3. Thank you for your response @krooto I will look forward to hearing back from your search. Keep safe and let the green days roll! Cristhian
  4. Hey guys, Happy new year, I hope that you are all doing well Just a quick update regarding trading from the UK as a limited company. I have asked my tax accountant to look into this, and unfortunately the situation is that they are moving at a snail's pace. This is because of the 31st Jan deadline for self-assessment, so they have a large backlog and my query appears to have slipped to the bottom of the pile. As soon as I get a response, I will update you all! In the meantime, stay green! Kind regards, Krooto
  5. Hey Cristhian, Nice to meet you and good luck on your day trading journey! Sorry for the late reply, I've had a very busy past few weeks so haven't been on here as much as I would've liked. Welcome to our group, and I'm sure that once this pandemic is over, we will all be itching to get out and have a meetup! Krooto
  6. Those questions you oped there are very interesting, I am afraid I haven't got the answers for them, though if you found out for yourself I would really appreciate if you could share that information with us too. Thank you @krooto! Cristhian Arce
  7. Hey guys! I am Cristhian, I work and live in London, just got started on my trading career, I read Andrews's book "How to day trade for a living" witch I loved and really got me exited about learning all about day trading. Its comforting to know that there are other traders in the UK, for a moment I even wondered if it was possible, as I don't know yet how easy is the process to activate your trading account with a broker from here, how to deal with taxes, etc... I would be happy to have a meet up in central London once this pandemic and the restrictions are over here. Cristhian Arce
  8. No problem, thanks for creating this group. Yeah I had the same problem with small caps, too volatile for me at the moment. I am mostly trading in sim as well with a few live trades here and there. How long have you been studying? I about 7 months in now. Dexter
  9. @Dexter177 Thanks for kicking this off! Been meaning to get round to it but have been super busy! I am also from London area and started this year. I've had some bad experience with mid cap stocks (more-so towards the smaller end), so i try to stick to larger mid caps, and large caps with values of $10+. Not yet live, been in the sim for a good four months, and in no rush to move live as would like to meet a few personal criteria before then. In an ideal world, I would be live come Feb time, but we'll see how it goes! Krooto
  10. Hey guys, I'm starting this thread to learn a bit more from people that have experience (or knowledge) about trading US stocks from the UK via a limited company. Obviously, anyone visiting this thread should get advice from an accountant before actioning anything that they have learnt on here. This thread is just a place to share knowledge and experience. I have very little knowledge about tax, and would like to hear some of your views. My broker is CMEG (Trinidad and Tobago), and I trade the US stock market. Is there anything that I should be aware of if I plan to trade using this setup via a limited liability company? Will I have to pay US tax? Will I have to pay T&T tax? Are there extra forms that I have to fill out for HMRC because of this setup? Is it even financially advantageous to trade using this setup? Or is it better to just trade as an individual? I will be asking my accountant over the next few days so will post anything that I learn. Thanks in advance!
  11. Hello everyone, I am from London and trade on the NYSE I started out trading small caps but now have moved to trading mid cap stocks. I just started trading this year due to the pandemic to get some extra income. Where abouts is everyone from and how long have you all been trading? Dexter
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