I want to open an account at a bank but I am unsure what bank to open an account with. I have seen in other posts that you need to have up to a $150 000 deposit just to open an account at HSBC or Citibank. I was thinking about one of these banks but didn’t think that you needed such a sum of money to open an account. I really want to start investing money in the stock market but now I don’t know what bank to do it at. Does anyone have any recomendations, as to what a good bank to start investing with?
why do you wanna go through a bank? why not just go through an online trading co?
Many of the foreign banks in Taiwan do make you put a shitload of money in the bank just to open an account. If you want to trade, invest, get an ira…why not just do it through an online trading co?
If you use Scottrade how do you get the money to them. You still need a bank account of some sort, don’t you? And what if you sell how do you get the money. I’m assuming it goes into a bank account, right? What about the taxes I am not a Taiwanese citizen.