okay this is going to be a fun one because we're going to be talking about what brokerages you should pick based on like where you live and and kind of what you're wanting to do when trading and the fees that they incur all that stuff and I personally use TD Ameritrade whoa I'm not sure what's going on there I use TD Ameritrade this has been where I started this is where I'm now I'm never going to leave TD Ameritrade but that being said the other two we have on this list are just as good right
I'm just biased towards TD Ameritrade because it's where I started Fidelity is also really really good you can trade um almost anywhere in the world on Fidelity they have a really wide range of countries that you can do so does interactive brokers TD Ameritrade on the other hand not so much so if you don't live in say like North America and a few other countries you're out of luck you're gonna have to pick either Fidelity or interactive brokers okay now when it comes to fees they're all pretty similar commission fees are like whatever you trade
does The Brokerage take money out and the answer for TD Ameritrade and Fidelity is no interactive brokers does but it's not that much so it's not really that big of a deal um I I mean I guess it depends on how much money you have might be a big deal for somebody who has like 50 on their in their interactive brokers account but when it yeah when it comes to fees it's really not that bad if you're just sticking to stocks and options they're not going to hit you with anything zero percent zero percent um
and here's when it comes to location like I was talking about Australia Canada China Hong Kong Japan Singapore United States that's all you can do for TD Ameritrade so it's pretty limited um but here you go like I was talking about Fidelity um all the major ones I think I don't know if it's missing anything um and then interactive brokers also a wide range of countries I think Fidelity has even more than interactive brokers but these are all very good um brokerages top of the line and if you can't use TD Ameritrade I personally would
recommend Fidelity second and interactive broker's third and another problem you might run into if you're not a U.S citizen because you do have to go through a lengthy process when setting up your brokerages so just be aware of that here in America you need stuff like your social security number and a lot of other information and you need to be able to connect your bank account to said brokerage right it's a if you just sit down for like an hour and you have all the documents ready and you're determined and you can do really boring
tasks for a little while then it should be no problem for you right because once it's done it's done you just have to sit down and do it and then it's over you're good you can move on and start making millions of dollars in the stock market but if you're outside the country I'm not exactly sure what documents you're going to need because you're trading the U.S stock market or you would be so you might need a different set of documentation to actually get in and for them to allow you to trade the American Stock
Market
