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Need to buy stock on NYSE but most online brokers seem not to cater for persons outside of the US.

2007-02-26 02:29:14 · 3 answers · asked by cruiser 2 in Business & Finance Investing

Okay, so what's a W-8 and where can i find the list of restricted/unrestricted countries?

2007-02-26 23:35:45 · update #1

3 answers

I believe you can be a non-US resident but you need to be a U.S. Citizen with most of them. At least all the ones I've seen state U.S. Citizens only.

I could be wrong though.

2007-02-26 02:35:03 · answer #1 · answered by Faye H 6 · 0 0

This depends on what country you are from. if you are not a US Citizen or resident and if your country is not on the restricted list you will need to complete a W-8 and possibly submit other documentation.

If you are a US resident but not citizen a copy of your permanent residence Card (Green Card) should be sufficient.

This is true of the firm I work for now as well as those in the past. These are Full service Investment Firms however. I am not sure if discount/daytrading firms will do this.

I would Imagine they would as well.

Good luck!

2007-02-26 10:15:12 · answer #2 · answered by tradingbytheforest 1 · 0 0

Try Saxobank.com, they accept deposits all over the world they invest in US as well as 14 other Markets world wide. You have the choice for the markets and the stocks. You should have free dollars to deposit with them. They even let you trade options.

2007-02-26 06:01:28 · answer #3 · answered by Mathew C 5 · 0 0

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