I'm starting to grow bored at night and would like to look into trading (or scalping) a foreign market that's open in the evening (MST) - e.g., the Nikkei. However, for whatever reason, I'm just drawing a blank when it comes to thinking about how to research/go about it. Any suggestions?
I'm currently in Switzerland and SHOCKED at the trading fees brokerages charge here. I just talked to a UBS rep who told me that you can expect ~1% per transaction plus a stupid yearly "safe holding fee" of $50 + $10 per position. Compared to a discount brokerage in the US, these rates are about 50 times higher. Does anyone know of how to trade on foreign markets at a reasonable cost? Are there "discount brokers" so to speak?