How to open an account for U.S. stocks, and requirements for opening an account for U.S. stocks

Buy U.S. stocks through financial institutions in Hong Kong: At present, many domestic ** companies (such as Guodu**, etc.) have branches in Hong Kong, which can provide services for buying U.S. stocks. This is a form of "double order", where you place an order with a domestic broker, which in turn places an order through another broker in the United States.

At present, this method is relatively popular, and many brokerages have provided online registration and account opening services specifically for mainland investors. This internet platform is more suitable for most investors, it is free to open an account, the commission for US stock trading has dropped by 50%, and there is no limit on the minimum amount of the first deposit.

Utility notices, telecommunication statements, credit card statements, etc., which need to have the issuing agency, name, and address.

U.S. stocks implement T+0 trading, no limit on the rise and fall, no limit on the number of shares per transaction, from one share, traded in US dollars, trading hours: daylight saving time (21:30 p.m. - 4 a.m. the next day

00), winter time and Qichai period (22:30 p.m. - 5:00 a.m. the next day).

1.Meet the minimum funding requirements.

The most important condition for opening a U.S. stock account is to have capital requirements, and for investors who want to participate in the U.S. market, the first thing is to meet the minimum investment requirements. Different brokerage platforms have different requirements for funds.

2.Choose the account opening method that suits you.

Common ways to open an account for U.S. stocks include opening an account in the U.S. and completing the account opening through an online trading platform.

The first way requires a lot of money and time, and the flexibility is lower than that of the side, but the security can be guaranteed.

The second method is more flexible, you just need to screen the platform and follow the process to complete the account opening steps.

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What are the requirements for trading US stocks?

Domestic speculation in U.S. stocks requires certain conditions, and you need to prepare relevant identity information, open a U.S. stock account, and remit U.S. dollars before you can trade U.S. stocks.

1. Open a U.S. stock account.

You don't need to go to the United States in person to open a U.S. stock account, you can complete the trouble in China, choose an online brokerage to open an account online, and prepare your ID card information in advance before opening an account. Taking Biyapay, a high-quality online brokerage platform, as an example, the account opening process is only a few simple steps:

1) Enter the official ** or ** mobile app online (Apple users need to use their Hong Kong or overseas ID to search for "BIYA Global" in the AppStore**);

2) Prepare account opening materials, need email, email verification code, ID card;

3) Email registration, verification, and password setting;

4) Conduct identity authentication, wait for review, and complete the account opening.

Second, stupid fight cover, inject funds into the U.S. stock account.

If you have a Hong Kong bank card, you can use a Hong Kong bank card to transfer, and you can deposit funds to buy U.S. stocks without a Hong Kong bank card, deposit funds, select recharge on the home page of Biyapay, and recharge the funds to the personal registered capital account, and support fiat currency and digital currency to the U.S. and Hong Kong stock account.

3. Buying and selling transactions.

With an account, and the account has enough money, you can start buying in the U.S. market and make normal transactions.

All in all, there are not many requirements for trading US stocks in China, and it is easy to open an account. But it's still a matter of choosing the right one.

How to buy U.S. stocks, there are three ways:

1.Go directly to the United States to open an account: The user goes directly to the United States to set up a ** account, as long as the user has a certificate of entry and exit from the United States, but the time and cost are relatively high, and after opening an account, you can buy U.S. stocks;

2.By opening an account in the U.S. stock brokerage, in the era of mobile Internet, many brokerage platforms have opened online operations, which also belong to Internet brokers, such as Tiger and Biyapay, which are also common platforms for opening an account and buying.

3.Entrust a Hong Kong company to entrust an account opening, and you can buy U.S. stocks after opening an account.

How do I open an account?

Now you can open it online in China, ** After the trading software, you can follow the process after finding the account opening. U.S. stock account opening requirements (briefly biyapay): email address, ID card.

E-mail registration - verification code - set password login - deposit, one is digital currency - > US dollars and Hong Kong dollars; The other is to add a bank account and top up US dollars and HKD to our US and Hong Kong stock account - buy US stocks.

The threshold is low, the account opening is simple, and it supports the deposit and withdrawal of US dollars, Hong Kong dollars, and digital currencies, and real-time arrival; There is no need to apply for an offshore account as before, and there is no need to make complicated account opening applications, only identity authentication is required.

What are the risks of investing in U.S. stocks?

1. **Large**: U.S. stocks choose T+0 trading, plus there is no limit on the rise and fall, so it is very likely that **** will fluctuate sharply in a day, and users need to pay attention to relevant information in time and respond quickly to the information;

2. Financial fraud: Some listed companies in the United States are likely to have financial fraud, which requires users to choose good companies for investment;

3. Exchange rate risk: US dollars are used for trading US stocks, so of course there will be a certain exchange rate risk;

4. False high risk: At the level of U.S. stocks, the influx of safe-haven assets of many users, coupled with the influence of U.S. fiscal policy, the valuation of U.S. stocks is relatively high, and users need to treat the valuation of U.S. stocks objectively;

5. Market risk: Whether it is in the A-share market or in the U.S. market, the risk of user loss due to the large amount of the market is a very conventional market behavior, and the user can choose to do it when it is good;

6. Delisting risk: The risk of being terminated because the listed company will no longer meet the listing conditions of the main board is a risk that users need to be aware of;

7. Company bankruptcy: U.S. stock users are likely to suffer huge losses due to the collapse of U.S. stock companies.

1. Apply online.

2. Mailing materials.

The last step of the online application will tell you that you need to print out the materials and mail them (and you will also be notified by mail). The materials that need to be mailed include:

1) Template of online service agreement;

2) W-8BEN Simplified** Template;

3) The identity document is a scanned copy of your valid passport (the first page and the last page, a total of two pages), and your signature on the last page of the passport must be valid only if your signature is there. 1 and 2 of them can be printed out after filling out the online application.

3. Inject funds.

Remittance the funds to the account of the bank clearing bank of the broker's superior ** delivery company. Most users use bank transfer to deposit funds, which is relatively safe and fast.

Documents required to open an account:1.Passport.

2.A valid visa with **.

3.On the day of opening an account, each account must deposit a little money, and the specific amount varies from bank to bank4A valid local mailing address.

It is worth noting that students under the age of 18 in the United States are considered absolute minors and cannot open an account independently, and must be accompanied by a person over 21 to open a joint account.

Precautions for opening a bank account:1.Compare the fees and conveniences of various banks, 2Do you want a monthly fee and a minimum?

3.Is there a transaction fee for withdrawing money at an ATM using a non-bank card?

4.Minimum account opening amount. Minimum balance limit.

5.The cost of each use of the check.

6.Fees per transfer.

7.If you have opened a checking account and a savings account with the same bank, when the checking account reaches the minimum balance, whether the money from the savings account will be automatically transferred to the checking account to avoid paying a fee.

First of all, preparation:

ID card: the original second-generation resident ID card of the mainland within the validity period (temporary resident ID card of mainland China, identity documents of other countries and regions such as the United States, Hong Kong, and Macao are not supported for the time being).

Age: The person must be at least 18 years old for the cash account. The margin account must be at least 21 years old.

There are many stock brokerage companies, and the transaction costs are also very different, so we should choose the right U.S. stock brokerage according to their own investment varieties, capital scale and trading frequency.

Web Links.

It is recommended to open a top 3 brokerage account in the United States, and a commercial bank account can be equipped at the same time.

Commercial bank accounts can use it independently, there is no handling fee for global cash withdrawals of bank debit cards, no minimum savings requirements for banks, no monthly management fees, and debit cards for commercial bank accounts also support overseas shopping and other needs.

You don't need to go abroad to open a U.S. stock account, and it is simple and convenient to operate. Find a qualified broker to open an account online, for example, Ed** (USA) is a US ** Securities Commission (SEC) licensed broker (registration number 8-70253); It is also an approved member of the Financial Industry Regulatory Authority (FINRA) of the United States (CRD: 299423) and a member of the Investor Protection Corporation (SIPC) of the United States**.

Of course, opening an account is only the first stepDepositsNow the deposit and withdrawal is more troublesome than opening an account, the general brokerage can use the mainland card to exchange Hong Kong dollars and then remit the deposit, the withdrawal must be a Hong Kong card to withdraw money, the mainland card can not accept the money remitted by overseas brokers. At present, there are more than 20 cities in China, and we can assist in applying for a Hong Kong card.

InSelect a brokerThe first condition to be examined is to see if there is a license issued by the Securities Regulatory Commission, and the licensed securities firms are compliant, and the safety of personal funds is more guaranteed, so as to avoid stepping on thunder. Those platforms that can deposit funds in RMB are basically informal and risky.

At the beginning, it is recommended to invest in companies with a market value of more than $30 billion, as well as ETFs**, diversify your investment, and don't be too heavy on the most optimistic tickets.

Small and medium-sized market capitalization, a lot of low-priced stocks, don't touch if you don't know how to touch, and options, short selling, novices don't do it, the risk is extremely high, looking at the soaring junk stocks, you may think that it will definitely fall, just go short selling, but the dog village can pull the ** to the sky, as long as it doubles, your funds will be lost.

I see that many people recommend novices to buy Chinese concept stocks, I personally disagree, except for a few good stocks such as Alibaba, TSMC, NetEase, etc., most of the Chinese concept stocks are junk stocks. Be aware of the risks and learn more.