Any alternative to Etrade and Ameritrade in Australia?

Discussion in 'Retail Brokers' started by Dom90, Jan 24, 2021.

  1. Dom90

    Dom90

    I'm looking for a broker where to trade stocks.
    Currently waiting for account confirmation with interactivebrokers.com but, people say it's a complex platform. So I wanted to open an account with Etrade or Ameritrade, but I cannot cause I'm not a US resident.
    I'm an Italian citizen, currently leaving in Australia.
    Thank you in advance
     
  2. Robert Morse

    Robert Morse Sponsor

    Dom90-Are you looking to trade US-Listed stocks or other markets? We only offer US Listed Stocks and can offer foreign accounts.
     
  3. Dom90

    Dom90

    Mainly US stocks, and sometimes Canadians
     
  4. ZBZB

    ZBZB

    You can trade from the simple account management with Interactive Brokers. You do not have to download TWS application.
     
    Last edited: Jan 24, 2021
  5. +1 for Interactive Brokers. In Oz you'll be a customer of IB Australia but can use your account to trade the rest of the world as well as Oz.
     
  6. ZBZB

    ZBZB

    IB also have a smartphone app as well as an iPad app which are very easy to use.
     
  7. I thought Etrade&Ameritrade does offer business to International investor, I remember Ameritrade does. I don't think IB's TWS is complex, it is quite simple actually there are also tutorial videos on their website for the platform and their mobile app is really great.
     
  8. of the four firms SCHWAB, TD, Etrade, Fidelity,
    TD is freaking fast (I think they route orders to market directly)
    Since Etrade bought by Morgan Stanley, they don't give your the real-time quote on the order entry (I think it's a trick to make you think the price is dropping, so you'd lower your limit price. Fidelity also practices this scheme.
     
  9. VicBee

    VicBee

    You need to confirm if you can or not open a TDAmeritrade account in Australia from the company's Australian website, if it has one.
     
  10. Dom90

    Dom90

    Thanks, everybody!
    I decided to open an account with InteractiveBrokers.
     
    #10     Jan 26, 2021