Conditions to trade ETFs with Schwab or other
Conditions to trade ETFs with Schwab or other
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The Dan · External communityPost link
External question — Personal Finance Stack Exchange
Author: The Dan
Original post: https://money.stackexchange.com/questions/146121
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
Adaptation: HTML converted to plain text; contact email addresses removed.
I am looking for the conditions to start trading ETFs such as SPX and TQQQ. While trying to do it with an interactive brokers account, it tells me that I have 2 options,
Be an institutional investor (Which I am not)
Have at least 200k$ so they let me invest in ETFs (Which also restricts me)
What options are valid to try to open an investment account where I can trade ETFs without needing to comply with those conditions.
Investor Profile: European investor, with no social security number in the US, planning to invest around 5000$
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Quoted from Forex.com.bd-Editorial External question — Personal Finance Stack Exchange Author: The Dan Source score (net votes, not local likes): 1 Original post: https://money.stackexchange.com/questions/146121 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. I am looking for the conditions to start trading ETFs such as SPX and TQQQ. While trying to do it with an interactive brokers account, it tells me that I have 2 options, Be an institutional investor (Which I am not) Have at least 200k$ so they let me invest in ETFs (Which also restricts me) What options are valid to try to open an investment account where I can trade ETFs without needing to comply with those conditions. Investor Profile: European investor, with no social security number in the US, planning to invest around 5000$
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