Instructions for Opening and Funding Foreign Brokerage Account

TradeGrub

Last Update 3 年前

High-Level Steps to Open Brokerage Account and Funding

#StepPurpose
1Open a brokerage account with TD AmeritradeForeign Brokerage Account
2Open or use an existing bank account (ICICI Checking Account for funding in Indian currency) in a foreign country.Funds in local currency
3Use ICICI Money2World Service (For Indian Customers) or any other local country wire transfer service to fund your TD Ameritrade brokerage accountFund your brokerage account

Opening Brokerage Account with TD Ameritrade

#StepPurpose
1.1Foreign Account OpeningApplication for brokerage account opening
1.2Form W8-BENThis includes your country-specific Tax ID and declaration that you are treated as a foreigner for tax purposes and would have no tax liability in the US. You will be responsible for filing your taxes directly in your country using brokerage statements.
1.3PassportVerifiable Identity proof
1.4Proof of ResidenceVerifiable Address Proof
1.5VisaYour existing visa details for identity proof

Note: Please send an Email to [email protected] so that we could send you forms to fill. We would also share bank contacts (ICICI bank in India) for wire transfer and instructions for uploading forms to TD Ameritrade’s new account service.

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