according to the latest ranking of U.S. stock brokers in 212, it can be seen that Scott Securities has the lowest commission rate. The company charges 7 dollars for basic transactions, 7.95 for Fidelity Finance, 9.99 for HTC Finance and 8.95 for charles schwab. However, Fidelity Financial's investment report is the best one, and the trading speed of trading tools is also ranked first. How to choose it depends on investors' preferences.
What materials do you need to open a US account?
1. 2 pages of international account application form.
2. W-8BEN form used by non-American residents. (This is a necessary form for non-national American residents and long-term residents to declare their foreign status for the purpose of US tax withholding. The IRS requires everyone to submit this form when opening an international account. )
3. Copy of ID card or passport
4. Proof of residence address, you can choose the bill of mobile phone or telephone.
First, search in Baidu: "Chinese Scott" → enter Scott Chinese official website → click on the application form for Asia-Pacific residents
and truthfully fill in your gender, surname, first name, telephone number and verification code → click next
. Please carefully check whether the application form is an application form for Asia-Pacific residents
After completing it, click the Submit button, and you can click "Here" and "My History" to browse the W-8BEN form we filled out. In the toolbar below, choose to save and print the application form and sign it. At the same time, attach a copy of your ID card and fax it to 1-314-543-6178 by fax. If you don't fax it, you can also send the scanned document to this account api@scottrade.com. Securities companies have specialized personnel to verify with investors within 2 days, usually Chinese employees. If there is no problem after the audit, the investor's account number and initial password will be sent to the investor by email.
Although there is no account opening fee, there is a limit on the minimum deposit amount. Scott Securities requires investors to deposit at least $5, Fidelity Finance requires $2,5 and charles schwab requires $1,.
after opening an account successfully, of course, it is to inject funds into the account and then conduct transactions. You can listen to the methods of electronic transfer, remittance and cheque to inject funds into the account opening account. Generally, funds can be inquired on the same day and transactions can be made within 24 hours.
Scott Securities Co., Ltd. will not charge investors the account opening fee and account maintenance fee, so it is not necessary to charge 9 yuan the account opening fee like opening a securities account in China.
The most important thing to open an account abroad is smooth information and language communication. Some large brokerage firms in the United States provide Chinese services, which can be answered by email and telephone. The telephone is answered by professional Chinese staff, so don't worry about the inconvenience of language communication.