Free US stock commissions internationally

Discussion in 'Retail Brokers' started by ZBZB, Oct 2, 2019.

  1. zdreg

    zdreg

    Internationally is a meaningless term. The question is residents of what non-US countries are accepted as customers. The list can be as small as one country.
     
    #11     Oct 2, 2019
    murray t turtle likes this.
  2. %%
    Looks like your latter statement is much more accurate than the first one. MID east,[excluding Israel, Arabia] +Africa area seems to be not much @ all as far as stock exchanges. Mutual funds may differ..................
     
    #12     Oct 2, 2019
  3. Non-US TDA websites have not been updated. It seems that they don't want to lower their fees outside of US.
    IB still the best!
     
    #13     Oct 3, 2019
  4. Link?
     
    #14     Oct 3, 2019
  5. #15     Oct 3, 2019
    Maverick2608 likes this.
  6. I've just confirmed with a TDA staff. TDA entities for each country are "separate entities". Lol. Only TDA US reserved for US residents lowered their fees.
     
    #16     Oct 3, 2019
    silveredge and Maverick2608 like this.
  7. Ok, thanks. I have just been in contact with Schwab. Unfortunately, the zero commission does not apply to clients outside the US.

    Rather frustrating if the end result is an uneven playing field between US and non-US traders. But of course this is entirely up to the brokers to decide.
     
    Last edited: Oct 3, 2019
    #17     Oct 3, 2019
    GregorySG9 likes this.
  8. I contacted Etrade: they don't accept non-US residents since 2016.
    IB lite if for US residents only.
    It seems that this brokers war will have no positive impact for us.

    Frustrating indeed!
     
    #18     Oct 3, 2019
    Maverick2608 likes this.
  9. Maybe Lightspeed would offer zero commission direct-access trading for US and non-US clients and we would all choose Lightspeed. Pretty please.
     
    #19     Oct 3, 2019
    tonyf and murray t turtle like this.
  10. ZBZB

    ZBZB

    IB have to protect their Chinese brokerage Tiger joint venture so they may why they are not offering IB lite internationally.
     
    #20     Oct 3, 2019