You must be thinking about why online trading is a good option. Well, it is one engaging profession that anyone can opt for. It is quite convenient because you can check quotes, place orders, or make any changes sitting anywhere. Online trading also helps in executing the traders quickly and helps in taking advantage of volatility. It also allows the investors and traders to have a perfect chance to implement their strategies by using market discrepancies. Moreover, doing trading online has its advantages like it is cost-effective in comparison to trading via a broker. This market offers goals to people who want to pursue their financial gains. When you are a non-resident of the USA then it can be very tricky for you to invest in the stock exchange. “For starters, you may end up selecting a broker who promises something he cannot deliver, and you end up in loss. Secondly, comparing brokers and finding the one suitable for you can be quite tricky. If you are a non-US citizen than you need to know that there are many rules and regulations surrounding the opening of a brokerage account. Before you open an account, it is wise to consult with the brokerage firm. There are firms that will allow online applications while others will require paper filings. Also, there are brokers who will demand for legitimate visa information and the W-8BEN form among other requirements.”
The first company under review is LightSpeed which has an overall rating of 3.25/5. It is a nice bet for people who trade frequently as their minimum account money would be on the higher side and the trading cost would be low. Lightspeed does not offer educational guidance or planning tools for beginners in trading, but the advanced traders may benefit highly using their trading tools. The second company under review is TD Ameritrade which has an overall rating of 4.2/5. The company gives services to prospects and customers using comprehensive and detailed outlines using various media sites like Facebook and Twitter. As soon as it attracts the attention of customers, the company offers a variety of platforms like thinkorswim, mobile apps, and basic website of the company. To read more, visit 10 Best Online Brokers for Non-US Residents.
