Can a non US citizen open a Webull account?
Opening an account at Webull is mainly targeted at USA and China. However, some account types are thankfully available for residents of a handful of other countries as well.
Webull is a US-based trading platform that can be used in the United States, India, Brazil, Turkey, the Philippines, Malaysia, Japan, China, and Korea. European countries, Australia, the United Kingdom, and lots of other countries around the world are on the indefinite waitlist. But you won't worry!
Yes, you can be a non-U.S. resident, living in America or living in your own country, and you can buy and sell U.S. stocks. In fact, trading U.S. stocks is sort of encouraged among international investors.
Users with at least $2,000 have the option to open a margin account in which they can borrow money to buy stocks. This gives customers more buying power, but also exposes them to greater risk. Webull charges interest on a monthly basis, and the margin rate is determined by the size of the margin loan.
| Name | Stock trading app score | |
|---|---|---|
| #1 | Saxo Bank | 5.0 |
| #2 | Questrade | 4.8 |
| #3 | TradeStation | 4.8 |
| #4 | Passfolio | 4.8 |
Have a legal U.S. residential address within the 50 states or Puerto Rico (we may make exceptions for active U.S. military personnel stationed abroad); and. Be a U.S. citizen, U.S. permanent resident, or have a valid U.S. visa*.
Can I access my account while I travel overseas? You can access your Robinhood account in almost all countries, with the exception of Cuba, Iran, North Korea, Syria, and the Crimea region of Ukraine.
There is no citizenship requirement for owning stocks of American companies. While U.S. investment securities are regulated by U.S. law, there are no specific provisions that forbid individuals who are not citizens of the U.S. from participating in the U.S. stock market.
Over at TD Ameritrade, investors do not need to be a U.S. citizen to open an account.
There are a couple different ways non-U.S. investors can open an international brokerage account. You could open an account with a financial services company in your country of residence that offers access to U.S. stocks. Or, you might open a brokerage account for non-U.S. residents with a U.S.-based broker.
What is needed to open a Webull account?
When you apply to open an account, we will ask for certain information that will allow us to confirm your identity, including your name, U.S. residential address, date of birth, Taxpayer Identification, which includes your social security number or Individual Taxpayer Identification Number (ITIN), telephone number, ...
How to Open a Webull Account | Webull for Beginners Tutorial
A person who does not have a social security number but does have an ITIN and is interested in investing can call the brokerage company and ask if they apply by providing an ITIN or other form of identification.
To buy foreign stocks, you must first open an international brokerage account. Then, after funding your account, you may need to request access (including price data) for the exchange you want to trade. Alternatively, simply search for the specific symbol to see if it is available to trade from within your account.
Is Webull Available in Europe? Unfortunately, Webull is not yet available in Europe. Currently, Webull can only be used in the United States and Hong Kong.
Hello people, If you don't know webull is a commission-free trading platform with huge variety of tools for US stocks. Although it allows “intraday” trading which is illegal from India.
Unfortunately, Webull is not yet available in the UK or any European country. Webull can only be used in the United States and Hong Kong. Webull has not publicly announced a possible expansion into the UK or the European market.
Unfortunately, Webull is not currently available in Australia, but there are several platforms that are great alternatives.
