what's the best broker online?

N

Nanni

Hello,
I'm an Italian resident but I'm an U.S. citizen. I wanted to start doing some online trading but I couldn't manage to understand what was the best broker online that was open to non-U.S. residents.
I wanted to invest a little amount of money (around 2000$) because I'm 19 and I still don't have a lot of money (and I'm not going to put all of my money in) so I needed a broker that had not too high fees and in which I could operate from Italy. Anyway I would operate mostly with U.S. stocks and not italian, so the problem would be only the residency and not the amount of italian stocks I could purchase.
Thank you a lot for the help
 
What the heck? Pack your bags and tour Europe. Don't waste your time investing right now.

And, Europe is cheap.
 
Nanni said:
Hello,
I'm an Italian resident but I'm an U.S. citizen. I wanted to start doing some online trading but I couldn't manage to understand what was the best broker online that was open to non-U.S. residents.
I wanted to invest a little amount of money (around 2000$) because I'm 19 and I still don't have a lot of money (and I'm not going to put all of my money in) so I needed a broker that had not too high fees and in which I could operate from Italy. Anyway I would operate mostly with U.S. stocks and not italian, so the problem would be only the residency and not the amount of italian stocks I could purchase.
Thank you a lot for the help
More...

Hello Nanni:

You could take a look at the below articles. They at least give you a good group of brokers to select from. Just watch out for monthly fees and trades minimum requirements.
Interactive Brokers is a good example of that. IB is only for active traders.

For you Fidelity might be a good choice since they do have low commissions and no monthly fees.

And they have excellent online research capabilities for stocks which is important.

I do not know what their residency requirements are.

Good Luck

Anubis

The Best Online Brokers of 2014
http://online.barrons.com/news/articles/SB50001424053111904628504579433251867361162

Barron's Best Brokers: Top Rated Online Stock Brokers in 2014
http://www.brokerage-review.com/articles/barrons-best-brokers.aspx
 
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