Personal Finance & Money Stack Exchange is a question and answer site for people who want to be financially literate. Join them; it only takes a minute:

Sign up
Here's how it works:
  1. Anybody can ask a question
  2. Anybody can answer
  3. The best answers are voted up and rise to the top

Can I still contact US brokers directly? I think you need to be a US resident to create an account, right?

share|improve this question
What country are you resident of. – Dheer Jul 16 '11 at 8:51
I'm in Sweden and have a Swedish ETrade account (although now it's branded as a Danish bank Saxo) – Nicholas Tolley Cottrell Jul 17 '11 at 11:29
up vote 1 down vote accepted

If you're outside the US then etrade will direct you to the most appropriate portal for your location - e.g., if I'm in Australia, I have to sign up for an account through the Singapore portal.

Whether taking out an account with etrade gets you access to US IPOs is another matter entirely. Foreigners can generally participate (if and when your particular etrade portal is participating), but your residency is the least of your worries. The size and longevity of your account with a broker like etrade is much more important when they decide who gets in and who misses out.

share|improve this answer
Is it possible for me from Europe to create an account on the US Etrade site? Or do I need a US bank account? – Nicholas Tolley Cottrell Jul 17 '11 at 11:31
@Nicholas. There was an option to open a trading account for US securities if you are outside the US as well as being a foreign national ( Note that these are/were a specific US trade account, not a regular etrade account. However, the opening of such accounts is currently suspended with no indication of when they will reopen. Also note that it probably changes little with regards to IPOs. – gef05 Jul 17 '11 at 13:18

Your Answer


By posting your answer, you agree to the privacy policy and terms of service.

Not the answer you're looking for? Browse other questions tagged or ask your own question.