i tried to open an account with scottrade for a mutual funds. there is question wheather i am a citizen or not. i am in F1 ...what should i say... what happens if i say i am citizen or if i say i am not citizen

hatterika · May 30, 2009 10:45 PM

I don't think an international student can invest.Even the online brokers ask for your status before you can trade stocks or any other equities. You are here to learn not to earn while in F-1. Wait till you get your degree and land on a decent job. Its a long journey, no need to hurry.

danphe · May 30, 2009 10:50 PM

Stop spreading rubbish information if you don't know jack about what you are talking about. I joined TD ameritrade as an F-1 student. They asked me to fill out a W-9 form and write a letter stating that I pay tax to the U.S. government. All I really needed was the Social Security. They opened my account the next day. If you have a SS card and you pay your taxes, you can invest or trade.

fortunefaded · May 30, 2009 11:13 PM

thank you guys... by the way how is ameritrade? i have decided to go with firsttrade so far...what is the minimum investment in ameritrade? i am going for the mutual fund.. any suggestions?

hatterika · May 30, 2009 11:22 PM

hi i m also thinking to invest on stocks too. please share your knowledge, experince on investment please. I have strated a thread too. plz let me know about this things. Any help would be greatly appreciated. http://www.sajha.com/sajha/htm...  

राछस · May 31, 2009 2:01 AM

I do want to have some knowledge on stocks. Where do i start to gain some information about Stocks ?

aish · May 31, 2009 10:55 AM

link to my response on another thread: http://www.sajha.com/sajha/htm...

fortunefaded · May 31, 2009 11:20 AM