Best online broker [UAE resident]

For residents of the United Arab Emirates.
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marineldeabreu
Posts: 1
Joined: Wed Feb 07, 2018 10:37 pm

Best online broker [UAE resident]

Post by marineldeabreu »

I would like to know if anyone can recommend a online broker for someone based in the UAE?
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in_reality
Posts: 4529
Joined: Fri Jul 12, 2013 6:13 am

Re: Best online broker [UAE resident]

Post by in_reality »

Use the Schwab International One brokerage account (for US citizens or NRAs with an estate treaty with the US who want to use US domiciled funds), or Interactive Broker's (NRAs worried about estate tax can access non-US domiciled funds. US citizens or NRAs with an estate treaty can access US domiciled funds).

Interactive Broker's has a minimum monthly commission if under $100K and a more complicated fee structure (but usually cheap).
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