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How To Open An Online Stock Brokerage Account To Trade The American Markets - Investment - Nairaland

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How To Open An Online Stock Brokerage Account To Trade The American Markets by Educitti(m): 5:20pm On Jan 05, 2011
Happy New Year Nlanders!!

I trust you all had a beautiful a holiday.

Please I need information on how I can open an online brokerage account to trade on stocks quoted on the American stock exchanges. I recently completed the online application on TD Ameritrade site only to be informed that owing to regulatory reasons the can not open accounts for residents of Nigeria. One or two other brokerages said the same thing. Does anyone have any ideas please.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by arthur2k5: 7:55pm On Jan 06, 2011
Check This Site www.pandatrade.com or more Still Contact Me on incomestability@yahoo.com For the E-Book

1 Like

Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by Educitti(m): 4:56pm On Jan 07, 2011
Arthur2k5! Thanks a mil for your reply. Will visit and study the site and then get back to you via your email address. Thanks once again.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by Educitti(m): 2:31pm On Jan 13, 2011
Hi Arthur2k5!

Thanks once again for your response to my enquiry. I visited Panda's website. It turned they only offer managed funds where you subscribe to a mutual fund-like package which they manage and pay you interest or whatever. However what I am actually looking for is an online stock brokerage that will enable me do my own research, buy and sell individual stocks as I please. More like a self directed account.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by KeyA1: 5:56am On Jan 14, 2011
Though I have not used interactivebrokers.com but they offer stocks trading, you can check them and see if they meet your requirement.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by nklove1: 2:01pm On Jan 14, 2011
@Educitti, check sogotrade, they accept nigerians and i hav account with them.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by Educitti(m): 2:58pm On Jan 17, 2011
@nk-love:

Thank you so very much for your post. I am currently checking out Sogotrade. I will try opening a brokerage account with them since the company is a member of both FINRA and SIPC.

You mentioned you have an account with them. That suggests you trade the American markets. Is there any way we could "get together" to share ideas. My email address is chiedunwagbo@yahoo.com.

Thanks once again for the info.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by Educitti(m): 3:28pm On Jan 17, 2011
@nk-love:
It has happened again. Mid way into the account opening process, Sogotrade removed Nigeria the drop-down list of countries to which accounts can be opened for her citizens. Another door closed in my face.

Any other suggestions please?
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by andico34: 4:28pm On Jan 20, 2011
Send me an email at andylandinvestments at yahoo dot com , will put u thru
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by stagger: 8:16pm On Jan 21, 2011
I have one I recently discovered. If you want the name, just send me an SMS to 08027601655. American brokers do not deal with Nigerians.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by babaoo: 7:09am On Jan 26, 2011
Plz can sumbdy explain to me how dis stork brokerage work? Do one av to sell currency or jst to determine d movement of d market
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by nklove1: 6:13am On Jan 27, 2011
@ educcitt, i open de account last yr wen i wanted to trade online shares but i didnt have enough fund to start off. So u mean they hav removed nigerian. Dis is ridiculous. Wel reach me on 07039349890. Lets research@together because am equally interested in it. I wil keep researching. Takecare
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by rickky01(m): 8:04pm On Jan 30, 2011
Is pandatrade still real and how can one enter into the asian market or better still if there are still America market in which one can still enter into without loss.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by david90(m): 3:59pm On Feb 01, 2011
owing to what is happening now on the internet, dnt be surprised, if nigeria is removed from all site in the world.
currently a nigerian is still at large by the FBI. the guy wiped out peoples account with just his phone and laptop.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by daokworld(m): 9:33am On Feb 03, 2011
love this
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by nklove1: 3:51pm On Feb 04, 2011
@Educitti, check Halifax Investment services limited. and get back to me. it's Australian stock broking firm.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by nklove1: 3:56pm On Feb 04, 2011
@Educcit, also check this site and get back to me. American Option Services - Offers online stock and options trading.
Ameritrade, Inc. - Discount broker for NYSE, NASDAQ, and OTC equities, options, mutual funds, money market and IRA accounts. Flat commissions.
Andover Trading - Offers direct access electronic trading accessible from home or office.
Ascher Decision - Low cost executions for institutional trading via the Internet.
BankOne - Offers quotes and daily market news. Also includes account and investing demo.
Barry Murphy and Company - Brokerage offers direct stock purchases, real-time quotes on equities, options and indexes.
Benjamin and Jerold - Discount option and stock order execution. Internet trading, real time quotes. IRA options. Free spread recommendations.
BMO InvestorLine - Trade by phone or wireless. Access charts, news, calculators and portfolio tracking.
Brokerage America - Discount firm offering free market and stop orders, and cheap limit orders.
Brown and Company Online - Discount broker for experienced investors who are able to manage their own accounts.
Cambridge Discount Brokerage Inc. - Offers online discount brokerage services. Demo version is available.
Carlin Equities - Offers independent traders the same electronic trading tools and news feeds that pros use.
Civilian Capital - Specializes in offering investors IPO shares in individual motion pictures.
Comdirect UK - For UK residents. Free information including company profiles, detailed quotes and news.
Command Trading - Dealing, streaming stock quotes.
Complete Line - Stock trading, market reviews from Croatia and the world.
Consors - One of the largest European online stockbrokers for retail clients. Offers trading in a variety of European stock markets.
Datek Online - Discount broker, offering low cost market and limit order trades on the NYSE and NASDAQ. Research options also available.
Direct-Issue - IPO (initial public offering) and corporate bond issuing services, for investment banks, stock brokers, corporate issuers and borrowers. Free online stock trading for institutional investors and traders including IPOs and multi-currency investments.
E Trade Financial - Stock trading, banking and advice.
Easybroker International Ltd - Easybroker offer electronic order routing and market information to 70+ markets across the globe for institutions and retail brokers. Clients can trade through private networks, the Internet and telephone.
E-Brokerage, LLC - Direct access software for the professional trader, institutions & hedge funds. Electronic access to stock , options & futures markets in one order execution platform.
eMedsecurities Inc. - Investment banking and trading. Private placement, asset management and IPOs for qualified individuals.
Empire Financial Group, Inc. - Discount and full service stock brokerage.
Eurotrade - Transparent and direct to market trading in global financial markets via the Internet.
Excellent Executions - Provides a customized service to Institutional Clients.
FINRAB Finacor Rabe AG - Market maker specializing in Internet brokerage with advanced trading systems.
Firefly itx - Provides execution and portfolio management systems for buy-side institutions. Features include basket and portfolio trading, optimal liquidity channel access and sub-account allocation.
Firefly Trading - Free real-time Nasdaq Level II trading platform, Soes, SelectNet and ECN's for active traders.
Firstrade Securities Inc. - Discount commissions, wireless trading, access to IPOs, research, streaming real time quotes.
Folio fn - Build personalized stock and mutual fund portfolio with diversification benefits.
FortuneTrader - Online stock and options brokers.
Franklin Ross Trading - A registered broker offering online NASDAQ level II stock trading.
Geek Securities, Inc. - Specializes in investments on a global scale.
Harris InvestorLine - Chicago based firm with branch offices in Milwaukee, WI, Southfield, MI and Cleveland, OH.
HDFC Securities Ltd - One stop brokerage for stock trading.
HSBC Broking Services (Asia) Ltd. - Provide trading, market information, free stock quotes and charts.
IFX Markets - Offers Forex and CFDs on margin trading online. Investment Management. FSA regulated.
IMIWeb (UK) Ltd - Offers stocks and shares trading on the UK, US and Euro markets through a single Sterling account. UK residents only.
Indiabulls.com - India-related stock trading, live quotes, news, and research.
Internaxx - Provides access to major exchanges in North America, the United Kingdom and Continental Europe. Also covers mutual funds. Has call center.
Intltrader.com - Domestic and international securities.
Intrepid Trading - Offering online trading services for active investors.
InvestorLine - Discount brokerage, owned by Bank of Montreal.
Investrade Discount Securities - Online investing: trade stocks, options, bonds, IRAs and mutual funds.
I-Trade Now - Trading and full service brokerage with Level I trades for as low as $3.75 per trade.
JB Oxford and Company - Online stockbroker offering stocks, mutual funds, and investment banking.
JetTrade.com - Discount trading of mutual funds, options, equities and bonds.
JH Darbie and Co. - Internet and live phone trading, free real time quotes, no minimum account balance.
Karl Thomson Group - Provide securities, commodities, investment service and real-time online trading.
Louis Capital Brokerage - On-site and remote trading. Nasdaq II quotes, state of the art equipment.
Lowtrades.com - Offering $4 commission on listed, OTC, and BB stocks.
Man Financial Ltd. - A regulated discount broker offering online futures, options, equities and forex trading, research services. In English, German, French, Italian and Russian.
MarkeTrade.com - Online trading, level I and II streaming quotes, charts, personalized portfolio, and research.
MidWest Discount Brokers Inc. - Trading in securities, bonds and mutual funds.
Morgan Stanley Dean Witter Online - Free stock quotes, after hours trading, market news and research.
Muriel Siebert and Co., Inc. - Received the top five-star ranking in Kiplinger?s November 1999 of online brokerage firms.
Mydiscountbroker.com - Trade up to 5000 shares for a fixed price. Options also available.
MyTradz - After hours trading and discount investment services complete with penny stock, pink sheet, blue chip, and option trades.
Navy Federal Financial Group - Source for money management, investing, and insurance services.
OnlineTrading.com - Direct-access brokerage for active traders and professionals.
PA Dealing Box - Online share dealing services, own trading platform. Trading preview and description of services.
PennTrade - Trade all U.S., Canadian, OTCBB and Pink Sheet stocks online with one flat commission.
Pointdirex LLC - Online trading service with direct access to the markets and ECNs. Live quotes, charts, and tickers and comprehensive analytical tools.
Questrade Inc. - Offers direct access online trading to the U.S. and Canada equity and U.S. options markets with customized Web- and PC-based trading platforms.
RushTrade.com - Real time investing, direct execution, and dynamic quotes.
Securities and Investment Planning Company - Brokerage boutique offering online trading and investment services.
Sepulveda and Smith Securities Inc - Specialists in the private equity market. Deal almost exclusively with private placements. Brings investors and entrepreneurs together.
SHK Online - Featuring stock trading, consumer finance, insurance brokerage, corporate finance, forex and bullion trading covering the Hong Kong Share market. Part of SHK Financial Group.
1st Discount Brokerage, Inc. - Full service brokerage and personal finance firm.
Stocktrade - Based in Edinburgh. The execution-only division of Brewin Dolphin Securities Limited, a long-established UK broker.
Sunstate Equity Trading - Real-time direct access trading.
Swiss e Trade - Located in Zurich Switzerland. Currency and discount stock trading on the NASDAQ and NYSE exchanges.
TD Waterhouse Group - Offers trading in stocks, open and closed-end mutual funds, bonds, money market funds, CDs, UITs, and options.
Terra Nova Online - Direct-access trading platforms for active stock and option traders.
5th Market Alternative Trading Hub. - Broker Dealer specializing in convertible bond securities and risk arbitrage trading.
TradEase Securities, Inc. - Offers direct access order routing trading platform. Features alerts, portfolio traker, basket trading, advanced charting, level II and ECN books.
Visiontrade - Features broker-assisted, touchtone and regular stock, options. Also provides mutual fund trading.
VMS Keytrade - European firm offering the opportunity to place trades on the three major American stock exchanges, EASDAQ, Paris and Brussels.
Wells Fargo - Includes stock quotes and money market funds. Information on 401K plans and trends. Real-time quotes.
Wit Soundview Group Inc - Provides online investment banking and brokerage services, using electronic mail and the Web to offer and sell shares in public offerings to individuals. (Nasdaq: WITC).
Wse Wallstreet - Trading on all US Exchanges.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by rickky01(m): 5:25pm On Feb 04, 2011
@nk-love how much do one needs to have in the account to be able to trade?
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by babaoo: 12:47pm On Feb 05, 2011
@nk-love. U don scatter my head.Plz i jst need nd ordinary explanatn.I wud love to do dis stork brokeage stuff. How do 1 make deposit wit dis sites?
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by nklove1: 11:15am On Feb 06, 2011
@baboo, making deposit is nt de issue. i want u to study de site first, check deir requirement to see if u will be comfortable with it. If u're comfortable with their requirement, den proceed to de mode of payment. U can make payment thru wire transfer and so on. Reach me on 07039349890 lets chat
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Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by babaoo: 7:19am On Feb 07, 2011
@Nk-love. I wil do jst dat.So will study d site nd get back to u
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by nklove1: 8:57am On Feb 07, 2011
@rickky01, some requires minimum of $250 while others are minimum of $500.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by olawaleID: 4:26pm On Feb 07, 2011
hi dear? how are you doing today am a business man but i want to sell some cars and some apartment right now so am looking for buyers
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by Educitti(m): 10:47am On Feb 08, 2011
Hi NK - Love!!!

What a wonder "kid" you are.

You have given me more than I can chew with the list above. I believe by the time I get through the list I will have more than enough firms to deal with. Presently, am looking at Halifax. Will get back to you. Will give you a call as soon as I make any discovery. Meanwhile thanks a zillion for sharing.

Much regards.

Educitti
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by needful: 4:06pm On Feb 08, 2011
@educit, we are together. one luv.cheers
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by Angolobabe(f): 8:53am On Mar 05, 2011
Educitti:

Hi NK - Love!!!

What a wonder "kid" you are.

You have given me more than I can chew with the list above. I believe by the time I get through the list I will have more than enough firms to deal with. Presently, am looking at Halifax. Will get back to you. Will give you a call as soon as I make any discovery. Meanwhile thanks a zillion for sharing.

Much regards.

Educitti

Hello ,i have been having the same rejection as a nigerian citizen even though i live in europe, did you finally find a company that accept nigerian citizen? we check out the above list later.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by nklove1: 3:46pm On Mar 07, 2011
Hello ,i have been having the same rejection as a nigerian citizen even though i live in europe, did you finally find a company that accept nigerian citizen? we check out the above list later.
@ Angolobabe, just study de above site and get back to me.
Re: How To Open An Online Stock Brokerage Account To Trade The American Markets by chris2h(m): 6:46pm On Mar 27, 2011
U guys need to understand one thing. Nigeria is a pariah state when it comes to ANYTHING ONLINE. Due to our boys (yahoo) we cannot be able to open accounts online. There are ways tho. I will be watching this discussion to see if anything comes up from you guys. Good luck!

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