is there such a broker?

Discussion in 'Retail Brokers' started by ironmind, Jun 7, 2008.

  1. ironmind

    ironmind

    No inactivity fee. Can invest in at least both US and Hongkong.

    Low commission. foreigners can open acccount.

    Thank you.
     
  2. ironmind

    ironmind

    Doesn't anyone know about such a broker? I am currently have the account from firstrade.com and it is enough for me to invest in US market, but unfortunately it does not offer stocks from Hongkong. I am from China, so I do know quite well that many china mainland stocks listed in Hongkong are undervalued, especially those heavy industry and manufacturing companies. Besides, local Hongkong brokers charges too high, so I am here to ask whether US has a good broker to trade Hongkong and US.

    Thank you all.
     
  3. def

    def Interactive Brokers

  4. ironmind

    ironmind

    Thank you, def. I have checked, and can I ask you a question: for a cash account of interactivebrokers (as it seems that i am not qualified for a margin account), which can not convert currency and can only trade in base currency only by its definition, how could I trade USA and Hongkong listed stocks simultaneously? Or at least can I trade USA stock today with USD as base currency and trade Hongkong stock with HKD as base currency tomorrow? Thank you very much!
     
  5. scottrade
     
  6. def

    def Interactive Brokers

    I guess you could move funds around but that probably wouldn't be cost effective.