Brokers for US citizens outside the US

Can't open an IB stock account with $500...

 

https://www.interactivebrokers.com/en/index.php?f=salesInfo&p=sa


http://international.schwab.com/public/international/us_investing



https://global.etrade.com/glp/hk/en/home

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Yes my post mentions that

 

Just keep saving your money to make a bigger deposit above the 25K requirement so that you don't have to worry about the PDT rule.

If you can't, find other markets (not stocks) that don't have a PDT rule.

 

Check http://www.plannersecurities.com/ They might be helpful.

 

I agree save up and practice until you have enough, Futures may be an option. I live in Asia and have had several accounts in the USA, Tradestation, AMP, IB, Cannon, TOS all come to mind. Deepdiscounttrading.com is another.

 

With only $500 to trade you shouldn't even be considering daytrading or shorting in particular.

 

Tradenet, tradezero, c y group, suretrader, IB ? To name a few...im sure there are others

 

In some country like Korea, commission is proportional to the amount of tarding.

For example, trading cost to buy 1000 shares of $10 stock, is same as 1000 different priced stock for each $10.

If you have trading logic to enjoy splitting, then you SHOULD have advantage which is NOT possible in US market.

 

Sounds similar to the Philippines where I now live. I trade both the US and PI markets and have found that when the market makers make a move it is very easy to follow. Also the one ETF here must buy and sell daily to keep the percentages equal to match the PSE. If Korea does the same it may work to follow the ETF/MM when they begin buying and selling to equal out their funds by end of day. Here it is like clockwork and is an easy scalp minimum depending on the move. Take a look it is a great strategy so far. you can judge their move ahead of time and just wait for their buying or selling to begin because you already know where they must be by end of day.