Open stock account in Taiwan for foreigner

I’m foreign student in Kaohsiung. I want to open stock account to buy stock in Taiwan. Therefore today morning i went to Yuanta securities to open account. They gave me a contract (only in chinese), I cant understand and must use GG translate to complete it. BUT they dont’nt allow me to create account because I dont understand contract in chinese. Anyone can give me advice? what company i can open account easily. Thank you very much

Find a tw friend to help?

Have you open successfully?

No no , dont have a arc .
I dont think i can on a tourist visa.

But knowing a good tw friend that is smart about translation is a valuable tool here.
I dont have a friend to offer i wish…
Good luck!

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In order to open a stock account you need to register first at the Taiwan Stock Exchange corporation so you can obtain an “Investor ID”

You can check the required documentation in this link
https://www.twse.com.tw/en/page/investor/foreign/01.html

More information

https://www.twse.com.tw/en/page/investor/faq_GenerallySecuritiesTrading.html#03

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Can you give me advice some name of company i can open account easily? Thank you

I don’t have a stock account , however if your registration has been approved , then shouldn’t be difficult to open a stock account with any security firm

You can check the list of the Securities firms in the following link

https://www.twse.com.tw/en/brokerService/brokerServiceAudit

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I have an account with Yuanta Securities. Wasn’t hard to open, but all the forms are in Chinese.

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yes, They gave me a contract (only in chinese), I cant understand and must use GG translate to complete it. BUT they dont’ allow me to create account because I dont understand contract in chinese.

The stock trading apps are also all in Chinese. So if you can’t read Chinese, you’ll have a hard time investing.

i know. But i can learn. I 'm very unsatisfied about their sevices

You can try with CTBC (China Trust) but they have a separate securities offices for that.

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Thank You :frowning: but unfortunately CTBT hasn’t brand in Kaohsiung. I have searched

:frowning: that’s too bad.

Maybe you can try here, it’s right below Yuanta!

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:frowning: yes. I have search only JihSun, Huanan, Yuanta is near my address

I had success with Fubon, can’t recall if I could have gotten by without Chinese though.

Oh, thankyou. i can’t understand why they dont’ have english version of contract

Hi, may I know how did you open the securities account? Do I have to first obtain the “Investor ID” thing through TWSE, or do I just need to go to a security firm like Yuanta and register everything there? Thank you!

Correct .

But don’t bother trading foreign stocks with them.

Only Taiwan stocks have low fee trading.