Like Traveling Abroad Without Your Shots

Foreign stocks are risky--but trading them online is riskier

The Internet can take investors anywhere on the globe. Whether they ought to follow the Web into foreign stock markets is another question. Two new online brokers are extending the reach of online investing to "foreign ordinaries"--stocks in overseas companies that don't trade on U.S. markets. Intltrader.com and Globeshare.com promise near-instant online access to quotes and trading in companies such as Porsche or Tokyo Electron. "If you can get us a symbol, we'll get you a quote and a trade," says Brent Bessire, Intltrader's chief operating officer.

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