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Brokerage Firms for EXpats

Posted: Tue Oct 19, 2021 1:19 pm
by Goldismoney23
I'm having a lot of problems with brokerage firms for expats. Although I have a US address, and I'm a US resident, I can't seem to get a brokerage account at many of the firms. Any of you expats using US brokerage firms? If so which ones? BTW, Robinhood completely screwed me. DO NOT USE THEM!

Re: Brokerage Firms for EXpats

Posted: Tue Oct 19, 2021 2:26 pm
by dualstow
I’m not an expat anymore but I’ve seen Interactive Brokers mentioned a lot at sites like bogleheads.org.

Re: Brokerage Firms for EXpats

Posted: Tue Oct 19, 2021 2:35 pm
by Goldismoney23
Thanks! I've heard that also. I wonder how reputable they are? I hear customer service isn't the best. Thanks for honoring General Powell. He changed my life!

Re: Brokerage Firms for EXpats

Posted: Tue Oct 19, 2021 2:35 pm
by pp4me
If you have a U.S. address, how do they know you are an expat?

Re: Brokerage Firms for EXpats

Posted: Tue Oct 19, 2021 3:10 pm
by Goldismoney23
They use two-factor authentication. The phone number I used to open my account in the US, is not the number I use to communicate in XYZ country. Then the questions start.

Re: Brokerage Firms for EXpats

Posted: Tue Oct 19, 2021 3:17 pm
by pp4me
Goldismoney23 wrote: Tue Oct 19, 2021 3:10 pm They use two-factor authentication. The phone number I used to open my account in the US, is not the number I use to communicate in XYZ country. Then the questions start.
A Google phone number will transfer calls to another phone for you but I don't know if they will do it if for phone numbers that are not +1. Worth looking into though, if you haven't already.

Re: Brokerage Firms for EXpats

Posted: Tue Oct 19, 2021 4:02 pm
by Goldismoney23
Thanks for that! I will look into it!