E*Trade for example, requires foreign citizens to contact their local brokers.
Also, if you are an Albanian citizen (or any other for that matter), do you have to pay any taxes to the U.S. government?
PS. I know I can trade US stocks with a foreign broker, but because they do not have good online trading platforms I would like to trade through an American discount online broker.
Only talking about $1,800.
I’m interested ideally (not required) in one which I can keep my checking, etc., all there to manage using my Quicken software. Moving money between accounts is ideal. If it doesnt require fees to use Quicken’s Direct Connect, so much the better.
I’m interested in learning day trading. Is TD Ameritrade the best? Can I open a $100 account to try it out?
I want to buy stocks but can’t open an account with Scottrade nor Charles Schwab because of my poor credit. Their reasoning is that the account comes with a credit card to withdrawl money and check writing privileges. Anyone know of any firms where credit rating is not a criteria for opening an account? I don’t want any frills I just want to invest MY money!!!
it seems difficult to make money from it on stocks you are somewhat bullish on. for example i own a stock that i am bullish on currently priced around 3.50. there were 3 option contracts available at strike prices of 2.5 5.0 and 7.5. if i sell open the 2.5 option i get a $94 premium instantly but if the contract is excercised i will lose money on the sale since i bought at about 3.25. if i sell the 5.0 option i only make a $5 premium. is selling the 2.5 option basically a ‘short’ of the stock so if it tanks to $2 i make a profit? my confusion is that calls (or puts) can be both long or short depending on which option contract you enter into?
my account only allows level 1 options trading right now so how do i take advantage of options opportunities in my portfolio until my account is approved for level 2 and 3 options trading?
thanks
morningstar, do they have them?
I have been told that any IRA money would be taxable immediately upon my death if the IRA’s were in the trust. The person told me not to put any tax deferred money in the trust. True? False?
Dear Friend,
Does anyone know process and procedure to open a new hospital in India? What kind of rules and regulations are there for this as created by Government? Is there any company formation required for this? Detailed answers and links to various policies will be highly appreciated.
Thanks and Best Regards, Manoj
I am very talented, with a rude knowledge in business. Worked as Acc. Executive for many years, but now I am having hard time to find a job. I am a sinlge mother of one child with no help at all.
Like one that you deposit $200 a month until you reach $2500 or whatever the min amount is for a regular IRA with that company? Which broker allow this?
i know alot about the brokerage industry, but i’d like to know who i can go to in order to support and build an online trading platform for stock and bond transactions over the internet.
i’ve seen a few sites that offer $5.00 stock trades and i’m sure they must be using an interface set up through another host company.
but who is that host company?
it’s got to be a company that does the clearing, margining, and cashiering i believe.
the host company would be responsible for the major issues like insurance, backoffice, etc
the few online brokers out there today like Schwab, E*trade and TD Ameritrade are all independent and spent millions of dollars building their platform and have backoffices as well.
but is there a ‘plug n’ play’ solution for a small broker/dealer operation available??
and as trade prices go down, what is going to keep the business from becoming a ‘loss leader’?
margin rates?
options trades?
mutual fund fee kickbacks?
advertising on every confirmation ticket/email
so i can trade online. Suggest me !
im very much interested in buying stock but i do not have much experience .plz advize