Malaysian trade US stock?

If anyone of you out there, very gatal (itchy) want to buy US stock, maybe you can consider this website which give you trade online. 1st Target - Citigroup.

ACCOUNT INFORMATION
Minimum Deposits$1,000 for cash account or $2,000 for margin accountEligibility Requirements
You must be 18 years of age or older.If you make four or more day trades in a rolling five-trading-day period, you will be considered a pattern day trader by NASD Rule 2520 and NYSE Rule 431. You'll be required to maintain $25,000 equity in your brokerage account at all times. Documentary evidence requirement for Account Opening:
Please return the following documents along with your application form:
A copy of your passport or National ID with your completed application form

Steps to Open Your Account Download and complete the appropriate application form and W8-BEN form (PDF):Europe, Africa Residents Form Middle East Residents Form Asia Pacific Residents Form

Prepare a photocopy of your passport or photo ID, and an evidence of your residential address. Send your completed application form including W8-BEN and documents to:
Asia-Pacific ResidentsUS Trading
E*TRADE Securities(HK) LtdSuite
2401-12Two Pacific Place88
QueenswayAdmiralty,
Hong Kong
Contact us at enquiry-hk@etrade.comor call +852 3191 3311

https://us.etrade.com/e/t/home

Another one:
This one is cheaper and provide comparison, you may decide yourself.

How long does it take to open an account?
On average, the entire account opening process only takes 5 minutes or so. All you have to do is select an account type to open, and then fill in your personal information.

Individual Account
An Individual Account is an investment account that is opened for one person. You can open this type of account if you have reached the age of majority (usually age 18) in your state. The age of majority is when you are entitled to full legal rights as an adult.

Cash & Margin
A cash & margin account allows you to pay for part of a stock purchase and borrow the rest from SOGO; this is known as margin.Margin allows you to buy on a 2:1 basis, if your balance is at least $2000. If you have less that $2000 in your cash & margin account, you can still buy 1:1, just like a cash account.For example, if you deposit $2500 to your cash & margin account, you can buy up to $5000 worth of stock, $2500 of which you are borrowing from SOGO.Please note: Margin trading poses additional investment risks and is not suitable for all investors. To learn more about margin accounts.

http://www.sogotrade.com/accountsetup/default.aspx
http://www.sogotrade.com/

1 comments:

This is a great blog! Thank you for posting! Did you know the Citigroup bailout is going to give more money to the people.

Economic Stress Money & Grants

What do you think?