Any Non-American's Trading Us Stocks In Thailand?

[ExpatJ]

If so, how? Who do you use?

I'm thinking i need to park some of my cash into blue chip US listed dividend stocks for next few years or so..

[asiamint]

Interactive Brokers http://www.interactivebrokers.com/en/main.php

are the best i've found for trading the world. I trade mainly American markets from IB and never had a problem with them and they have the best prices as well

trade station is another option

Do yourself a favour and research market cycles. If you invest now your investing at a peak.

Be patient and wait for a major dip

In my humble opinion all American blue chips are well valued at the moment and it's time to look for a selling point, not buy

Check this article out, makes some good common sense points

http://www.globalinvestorradio.com/content/future-dow-index-may-2013

[fletchsmile]

I invest in US stocks via Standard Chartered bank Singapore and Hargreaves Lansdown in UK. The former has a poor platform but is conveniently linked to USD bank accounts. The latter has a much better trading platform, but doesn't allow foreign currency accounts, so you can get stung on FX rates, so I use only for high risk/ high reward not low risk/low reward as the charges would eat in too much.

As a non-American you'll also need to fill in a W8-BEN form for tax purposes.

Cheers

Fletch

[cocopops]

Interactive Brokers http://www.interactivebrokers.com/en/main.php

are the best i've found for trading the world. I trade mainly American markets from IB and never had a problem with them and they have the best prices as well

trade station is another option

Do yourself a favour and research market cycles. If you invest now your investing at a peak.

Be patient and wait for a major dip

In my humble opinion all American blue chips are well valued at the moment and it's time to look for a selling point, not buy

Check this article out, makes some good common sense points

http://www.globalinvestorradio.com/content/future-dow-index-may-2013

If you are a resident of Thailand and use Interactive Brokers, you are taxed 15% on US dividends instead of the usual 30. Unless it has changed recently as a result of all the shenanigans over there. Not all brokers are set up to allow this.

Edited May 15, 2013 by cocopops