Please note that as this is a fast-moving situation these circumstances could change at any time at the discretion of the brokers. However we'll try our best to keep this as updated as possible.
Which brokers are still offering GameStop and AMC shares?
Lots of brokers stopped trading GameStop or AMC Entertainment after 27 January. Here's the latest from Australian platforms.
GameStop (GME) and AMC Entertainment (AMC) have seen increased volatility in recent weeks fuelled by a social media buying frenzy. In response to the unprecedented jump in trading volumes, some share trading platforms have experienced outages or suspended trading on GameStop, AMC and others. We've put together this list of providers we've reviewed on our site with the latest information.
Brokers currently offering GameStop (GME)
|CMC Markets||As of February 5, GME and AMC are available to trade on CMC Markets and there are no other restrictions, according to a CMC representative.|
|Selfwealth||As of January 29, Selfwealth had no restrictions in place for GME, AMC and other related stocks, however it notes that this could change at any time due to offshore conditions.|
|Saxo Invested||As of February 1, customers can buy GME and AMC stock on Saxo Invested, however shorting as been disabled.|
|CommSec International||CommSec was allowing GME trades as of 29 January according to user reviews on Twitter.|
|Interactive Brokers||Interactive Brokers removed previous trade restrictions as of January 30. On January 29 it put AMC, BB, EXPR, GME, and KOSS options trading into liquidation with all long positions requiring 100% margin and short positions 300% margin.|
|Bell Direct||Bell Direct does not offer US stock trading.|
|Superhero||Superhero does not offer US stock trading.|
|Goodments||On February 3 at 6:55am, Goodments announced it had lifted all previous trade restrictions for the remainder of the session on GME, AMC, Nokia and Koss.|
|Westpac Share Trading||There are no trade restrictions in place for GME or AMC as of Feb 1, 12:54pm.|
|ANZ Share Investing||There has been no update on GME or AMC from ANZ and Finder is not able to confirm their position at this time.|
Compare US share trading platforms
Important: Share trading can be financially risky and the value of your investment can go down as well as up. “Standard brokerage” fee is the cost to trade $1,000 or less of ASX-listed shares and ETFs without any qualifications or special eligibility. If ASX shares aren’t available, the fee shown is for US shares. Where both CHESS sponsored and custodian shares are offered, we display the cheapest option.
Trading CFDs and forex on leverage is high-risk and you could lose more than your initial investment. It may not be suitable for every investor. Refer to the provider’s PDS and consider the risks before trading.
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