11-06-2017, 05:54 AM
(11-05-2017, 12:22 AM)Rasec Wrote: Questions:
- Ideally, I'd like to keep a bank account in the US in usd, a credit card associated with it and eventually a brokerage account all linked, do you know of such an option for non residents? Or will I always need a physical address in the US for that?
- What broker do you recommend based on low fees, to move my positions from ME to?
- What is the best way and with the lowest fees to transfer a large amount of money from usd to Euros in case I decided to sell? I remember I paid an insane amount on fees when I moved from Europe to the US a few years ago.
I've recently been getting e-mails from IB about a new debit card that can be tied to your IB brokerage account. I don't know much about it, but it could be a solution for your bank+brokerage+credit card question.
I've been using IB for several years now and am quite happy with it after switching from a more traditional brokerage. The fees are low provided you have 100k of assests. The only downside is that there is essentially no DRIP program. I'm also a US resident, so I can't speak for the non-US resident experience.