Can Non U.s Citizens Trade In U.s Stocks Markets Using Online Brokers Like Scottrade Or E-trade?
July 3rd, 2009 | by Frenday |I am from India living in the Caribbean, since US is closer to me, I would like to play stock trading using online brokers like Scottrade or Zecco. I am not sure if Non U.S citizen are allowed. I mean I don’t want companies to fool me and when I invest money, they tell me later on that you cannot withdraw your money out as non US citizens are not allowed to trade. So I just want to be sure.
Related items
|
|
|
|
|
|
|
| © Submit to Any - jjtcomputing.co.uk |
5 Responses to “Can Non U.s Citizens Trade In U.s Stocks Markets Using Online Brokers Like Scottrade Or E-trade?”
By BangkokB on Jul 3, 2009 | Reply
Yes you can. You will be classified as a non resident alien since you are not a US citizen. You should be able to open an account online, deposit money to your account and you can trade. Use someone like Charles Schwab & Co., since they are large enough to allow you to do this. But first check the website to get all the details on the procedures.
By Gerald on Jul 3, 2009 | Reply
Sorry Davy ya need a social security number to pay IRS tax..
NO is the answer….
By Chairman on Jul 3, 2009 | Reply
You can invest in US companies even if your not a US citizen. Any major broker should permit you to do so.
By Smartphone Themes on Jul 3, 2009 | Reply
i use zecco. it’s free stock trading . with no problem.
By Bob D on Jul 3, 2009 | Reply
We (Americans) will gladly welcome your money. Non-US citizens are allowed to buy and sell stocks in the US. We only care a little who owns what as long as you pay for what you own…..