How to Invest in US Stocks (even if you’re in the Philippines)
Investing in US stocks isn't like solving Algebra; you have to follow some steps, and voila!
Here are the steps you need to take:
1. Research and selectUS Stocks
Before investing in any stock, it's essential to do your research and understand the company's background, financial performance, and industry trends.
Information on how to buy stocks in the Philippines and where is easy to find, especially online. You can use online tools such as Yahoo Finance or Google Finance to gather information and evaluate stocks.
The best way is to have a watch list of the stocks on the NYSE and Nasdaq. The following U.S. stocks are the stocks I shared with you, not investment advice.
Popular US Stocks | Popularity | Intrinsic value |
AAPL: the world's most valuable technology company | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
NFLX: a well-known OTT platform around the world | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
TSLA: a globally known EV manufacturer | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
NIO: an automobile manufacturer | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
Square: a mobile payment company | ⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ |
Exxon Mobil: The world's largest oil and natural gas producer | ⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
This list of well-known us stocks is incomplete; many international companies are available for investment. Just click here to easily trade the US stocks and indices on Mitrade platform today!
2. Identify a Legit Stock Broker
Ready to open an account to take your investing game to the next level? Choosing a legit stock broker that offers access to US stock markets is key. Many stock brokers are happy to work with international clients like you.
Look for a brokerage that's regulated by reputable authorities and offers a user-friendly trading platform that suits your needs. That way, you can trade with ease and peace of mind.
Some popular online brokerages that offer access to US stocks include Mitrade, Tiger, and Interactive Brokers.
Interactive Brokers
Interactive Brokers is a US-based brokerage that offers access to a wide range of investment products, including US stocks. They offer a powerful trading platform that is suitable for advanced traders. One of the key benefits of using Interactive Brokers is its low commission rates. They offer some of the lowest commission rates in the industry, which can help you save money on transaction fees and commission charges. Interactive Brokers also offers a mobile trading app that allows you to trade on the go.
Tiger
Tiger is an advanced type of broker for many starters. It is regulated in Singapore and provides seamless services to traders. The broker offers a great user experience through its seamless platform. The KYC process is quick as it is powered by the AI tools. The broker enables you to trade stocks and CFDs with a low commission and no hidden charges.
Mitrade
Mitradeis a stock CFD broker that offersU.S. shares trading online.Stock CFD is different from buying individual stocks. It enables you to buy and sell shares online without ever owning the underlying asset.The benefit is you can trade both rising and falling markets and access international stocks with 24-hour trading.
Mitrade offers a range of CFD products covering basic global financial markets, including US stocks, indices, forex, and cryptocurrencies. Best of all, they've got 0 commissions and transparent low spreads, which means you can enjoy low-cost investments. Share CFD is a flexible tool for both active traders and short-term investors to potentially profit from market movements.
Deposit method | Visa/Mastercard, Skrill, wire transfer |
Leverage | Stock 1:1 - 1:5 |
Regulations | Australian Securities and Investments Commission (ASIC) 398528 The Cayman Islands Monetary Authority (CIMA) 1612446. |
Want to trade US stocks and keep it simple? Look no further than the Mitrade app! With direct market access, you can go long or short on both rising and falling markets.
3. Check All the Requirements
You don't have to be a US citizen or be in the US to buy and sell US stocks. Opening a US stockbroker account is simple and can be done online.
● Visit your preferred stock broker website and register.
Identify an online trading account that offers US stocks and sign up. Ensure that you complete your profile by providing your accurate details.
●Deposit cash into your trading account.
There are many ways of depositing cash into the account. However, go for the method that is compatible with your account.
●Open an Order
You can either open abuy or sell orderdepending on the action you want to take. If you believe that a stock will be profitable in the future, open a buy order. Alternatively, open a sell order if you think that the price will drop.
