5-star brokerage rating

Best Online Brokerage Firm for International Investors (Non-US Citizens)

TradeStation Pricing

Stocks and ETFs flat-rate plan$5 ($4 for IRA)
Stocks and ETFs per-share plan $0.01 per share first 500 shares, $0.006 per share after that; $1.00 minimum per trade
Options per trade plan $5 + $0.50 per contract ($4 + $0.30 per contract for IRA)
Options per contract plan $1.00, no base or ticket charge, market or limit orders
Futures from $1.20 (1 to 300 monthly contracts) to $0.25 (20,000+ monthly contracts) per side, per contract + exchange, regulatory & overnight fees
Mutual funds $14.95
Bonds $14.95 + $5 per bond
Forexcommission-free with tight spreads and fractional pips

Investments stocks, options, mutual funds, bonds, futures, forex, ETFs
Tradestation minimum deposit to open account $500 for cash account, and $2,000 for margin account
FeesTradestation fees
Promotion linkTradestation promotions

TradeStation Review

If you are a non-U.S. investor wanting to invest in United States stock market and open an account at U.S.-based brokerage firm, your search might be frustrating. Most companies either don't accept foreign countries investors or have very unclear information about which non-U.S. clients they will accept. Even worse, many United States brokerage firms, such as Etrade, Fidelity and Scottrade, are cancelling accounts of U.S. citizens that have been living outside of the country for longer periods of time. They are required to do so by law. Below we will review a brokerage company with access to U.S. markets that welcomes international investors - TradeStation.

TradeStation is U.S. based brokerage firm that is part of one of the largest brokerage companies in Japan, that provides online investment and trading services for retail and institutional customers around the world (including U.S. and Europe) through its subsidiaries. The firm allows clients to invest in almost all available investment products, including stocks, options, mutual funds, bonds, futures, forex, and ETFs.

TradeStation's direct-access platform is one of the best we've seen! The company is one of the very few online brokers offering automated trading. Firm's technical analysis and back-testing software has been recognized as the most popular among futures traders for many years. All their trading tools are fully customizable.

Unlike companies that charge international, non-US investors much higher fees than Unites States based clients, TradeStation provides the same pricing for all customers. It also offers clients active online trader community where members can ask questions, learn from more experienced traders, and even get investment ideas.

Perhaps the most interesting aspect of TradeStation is the TradeStation Simulator, which allows members to test their trading plans and ideas in real-life simulated scenario without actually risking anything. Users can create different custom trading strategies and do back testing to improve those strategies before trading. They can even follow multiple market trends and plan strategies accordingly. All of this is possible through a comprehensive database, consisting of historical market data and analysis that the platform offers.

There are numerous Webinars available throughout the week on company's website to keep customers in touch with the markets, from a weekly futures market outlook to a daily stock-market session.

TradeStation has been named the Best Brokerage for International Investing by Barron's Magazine. We recommend TradeStation as a top online stock trading account for both U.S. citizens looking to invest or trade on international exchanges and for non-U.S. citizen investors (foreign countries residents) looking to invest in U.S. market.

Best broker for international clients

Broker Advantages

  • Very low commissions on all investment products
  • Great direct-access platform
  • Best charting package
  • Trading modeling functionality
  • Rich selection of investment products
  • Active online trader community
  • Virtual trading (practice account)

Broker Disadvantages

  • No mutual funds screener
  • Fees for market data. TradeStation still charges for many data packages, including Level II quotes, which are free at TD Ameritrade
  • $35 annual IRA fee for accounts under $25,000
  • $50 annual fee if client makes less than 5 trades and average account balance is less than $2,000
  • Direct routing fee of $0.004 per share applies. Orders greater than 10,000 shares will be charged $0.0005/share for all shares in excess of 10,000 in the same order.

TradeStation Review

Read full TradeStation Review.

Go To TradeStation Website

Open Tradestation Account

Alternative International Brokerage Account

If for some reason TradeStation is not an option, the alternative online broker for non-us citizens and international trading is a company called Interactive Brokers. The firm has a different set of requirements for new clients, so read Interactive Brokers review before opening an international brokerage account.

Go To Interactive Brokers Website

Open IB Account

Updated on 1/31/2017.

Please share this with your friends

Copyright ©2009-2017 Brokerage-Review.com. All rights are reserved.
Brokerage-Review.com has relationships with other companies. See Terms of Use.