1 thought on “U.S. stock account opening strategy: How to choose US stock brokers?”

  1. The first thing to invest in U.S. stocks is to choose a reliable brokerage securities company that is suitable for their own investment style. So what factors should I consider when choosing a US stock broker? 1. The size of the securities firm's size in the United States is not a state -owned monopoly industry, and there are countless stock agency companies. Investors should prefer to prefer well -known securities firms, so that investment security will be relatively guaranteed. At present, the top online dealers in the U.S. stock market are: Jiaxin Finance, (Ying Ying IB), TD, E*Trade, Fidelity Finance, etc. For online dealers, we cannot just conclude the company's scale and strength through the securities company website, and to consult a third -party or regulatory agency website. For example, US stock securities firms generally join the Financial Institute of Authority (FINRA) to check whether brokers are members of FINRA's website. 2. Transaction varieties that can be traded generally care about trading varieties concerned about US stocks, ETFs, options, foreign exchange, Hong Kong stocks, futures and bonds. The varieties that US stock securities companies can trade are different, and it is necessary to understand whether the brokerage chosen can meet their needs in advance. U.S. stocks are the most basic transaction varieties, and all brokers can support it. Due to geopolitical relationships, Hong Kong stocks are also the focus of Chinese investors' attention. Brokers such as IB, E*Trade, Jiaxin Financial Management can provide Hong Kong stock transactions at the same time. Options are nirvana to play in the United States, and almost all securities firms provide options transactions. However, some securities companies will restrict the option portfolio that can be done. It's too convenient, because sometimes naked sale of air -recognition options can help investors reduce costs. ETF Fund is also a common variety. There are many ETF funds such as gold, gold, petroleum, sector, and market in the US market. It has opened a convenient channel for asset allocation for ordinary investors. Most brokers can buy and sell ETF funds, but there are also many other brokers such as SOGOTRADE without ETF transactions. 3. Trading expenses The transaction fees of US securities firms have different transactions fees. For investors who frequently trades, the differences in different securities firms' monthly transaction fees can reach hundreds of dollars, so you should carefully compare the choice. Most online dealers are charged by US stock transactions, such as TDs received $ 9.99 fixedly at each transaction, regardless of the number of transactions. Some brokers, in addition to each transaction charging a fixed fee, if the number of each transaction shares exceeds the limit, the additional fee is required. share. Some securities firms are charged at the number of transaction stocks, and the transaction IB is charged at the number of transaction shares, and the half -beauty score per share ($ 0.005) per share. Options investment is a necessary investment method for senior investors. In this regard, most securities firms are charged a fixed fee per stroke, and then the amount of contracts for transactions will be charged. $ 1.25/contract fee. For professional investors, such as Ying Ying IB, the number of transactions based on options receives $ 0.7 per contract. In contrast, the transaction cost of IB has a greater advantage. If you are an experienced investor, the financing interest rate is also a factor that should be considered. Some brokerage financing interest rates are 3%, and some are as high as 9%. If the scale of financing is large, the cost difference is huge. 4. Chinese service language barriers may be the biggest obstacles for many Chinese investors to enter the US stock market. Many American securities firms have recognized China's investment needs. Some only provide Chinese web pages and Chinese trading software. Customer service hotline, a branch company directly serves Chinese investors in Hong Kong. In terms of Chinese Chinese services, the Securities () and Scottrade are very well -in place, and they are loved by Chinese investors and overseas Chinese. 5. Fund security investors put the money on the other side of the ocean, and the security of funds must be considered. Fortunately, most well -known securities firms have participated in the insurance of the Securities Investor Protection Company (SIPC). SIPC provides a maximum guarantee of $ 500,000 for each investor's account, including a cash guarantee of up to $ 100,000. Other securities firms also purchased the insurance company's insurance to provide additional insurance for investor accounts. For example, Yiming IB provides a guarantee of up to $ 30 million for its customer account through SIPC and British Laurd. The above are the five major factors that US stock securities companies need to consider. In addition, there are some details such as transaction speed, poor transaction points, and investor education. Investors also need investors to pay attention. To choose the right broker, you need to consider these factors based on your investment needs and investment styles, and after careful comparison, you can find a securities firm that suits you.

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