Do I need special approval before I can start trading internationally?
First you'll need to sign up online for international trading. After you enroll, there's a message asking you to call us prior to placing your first international stock order or currency exchange. When you call us, you'll review the international trading guidelines and risks with one of our specialists. When you're ready to place your first order, you'll need either sufficient U.S. dollars (displayed as Cash Available to Trade) or 100% of the foreign currency needed for the trade. These balances display near the top of the Trade Stocks – International Trade ticket under Cash Available to Trade (USD) and Foreign Currency Positions (foreign currency you hold). They are also included on the Balances and Positions pages.
Watch this brief video to see how to get started with international trading.
Watch now (04:14)