You’ll spend far more in commission fees when making international stock trades. Here’s a top American broker’s fee schedule for different countries.
Second, you’ll gain access to other emerging market stocks that aren’t as readily available through an international brokerage company.
For example, Boom Securities in Hong Kong allows trades in countries like Thailand, Indonesia, and the Philippines in addition to mainland China.
Here’s the good news: you don’t need to buy a plane ticket and fly to China in order to open a brokerage account here. You can do it online and through the mail.
The easiest way to trade stocks in China is by setting up a brokerage account in Hong Kong. We have a post here about how you can do that.
Step 2: Trade Stocks in China
With your new Chinese brokerage account open, it’s now time to finally start trading equities.
We’ll leave specific trading tips for another article. Regardless,…
