| I would like to trade online Stocks in the US market, how to do it if I am a foreigner?

I would like to trade online Stocks in the US market, how to do it if I am a foreigner?

Mike asked:


I am interested in buying some specific stocks in the Us Market, however I have found that brokerage firms requires to open an account to be US citizens or residents with US Social Security Number. Which choices do I have as a foreigner to buy/sell stocks in the Us Market. Or do you know broker firm for foreigners? thank you very much

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Comments

2 Responses to “I would like to trade online Stocks in the US market, how to do it if I am a foreigner?”

  1. d10 on May 3rd, 2009 3:24 pm

    i think most of online stock brokers in US accept foreign investors. You must register as alien ( not US citizen ).

  2. Formerly known as Frank Castle on May 4th, 2009 6:54 pm

    SSNs are ONLY for residents.

    If you are a foreigner then you don’t have a SSN.

    Let me be very clear about this.
    If you are a foreigner then you don’t need a SSN to open a brokerage account. Just say you are a foreginer and you will be fine.

    You don’t have to pay any taxes either.