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[Investment and Wealth Management Tips | 004]
Charles Schwab charges zero fees for trading US stocks and ETFs.
This means no matter whether you buy or sell, there are no transaction fees.
Compared to other brokers:
Interactive Brokers: approximately $0.5-$1 per trade
Futu: approximately $1 per trade
Tiger Brokers: approximately $1 per trade
At the same time, Charles Schwab is one of the major US brokerage giants (Fidelity, Schwab, Interactive Brokers).
Additionally, Schwab is the easiest to register with among these three:
Fidelity restricts overseas registration;
Interactive Brokers now requires proof of overseas address for registration;
Most importantly:
To open a Schwab brokerage account, you only need a passport and proof of mainland China address, no overseas address proof required.
*For personal research purposes only, not investment advice.