It can be a broker, a bank or an insurance company. As professional market participants, they have the right to make transactions on the stock exchange, act on your behalf and at your expense. They are rewarded for their transactions. The lowest commissions are with a broker, so it is best to work through it.

In preparing this review, I talked with such Russian and American brokers as Finam JSC, Freedom Finance IC LLC, BCS LLC, Just2Trade Online ltd., Interactive Brokers LLC. All of them give access to the NYSE and NASDAQ, but they do it under different conditions. This is how I organized them for myself.

Option 1. This is to open a brokerage account with a Russian broker. Option 2. This is to open a sub-broker account. Option 3. This is to open a direct account with a US broker.

Option 1. Opening an account with a Russian broker

Now many Russian brokers provide access to the NYSE and NASDAQ as part of the single account service. Its essence is that it allows you to make transactions with Russian and American securities from one account. This is true, except for a limitation that you should be aware of. On this account, you can only trade shares of US companies that are listed on the St. Petersburg Stock Exchange. At the moment, there are 61 such companies (current list), which is less than 1% of securities listed on US stock exchanges.

And in order to trade a full list of US securities through a Russian broker, you will need the status of a qualified investor. Read more about what it is. Theoretically, you can get it from a broker if you have: a state diploma of higher economic education, experience in working with securities or 6 million rubles. But this is theoretical. In fact, the possibility of issuing a status on the basis of a diploma or experience, that is, without money, was confirmed to me only in the Finam Information Agency.

Other brokers called 6 million rubles a condition for receiving it and offered a much more affordable alternative - a sub-broker account (we will talk about it below), arguing that the scheme for entering the US exchanges is the same here. It is possible, but only this option does not allow you to open an account with a broker controlled by the Central Bank of the Russian Federation and transfer tax returns.

Option 2. Opening a sub-broker account

This option of cooperation with a Russian broker assumes that you get access to the NYSE and NASDAQ through its offshore company (often a subsidiary) and work with an American broker on behalf of this company. In other words, you do not open a personal brokerage account, but are allocated virtual space on an offshore company brokerage account opened with an American broker. This is a standard sub-broker scheme, according to which Russian brokers work.

Working on a sub-broker scheme, the company that provides you with brokerage services is not a professional participant in the US stock market, but resells you the services of another larger broker (prime broker) licensed and accredited on the US stock exchanges.

This allows a prime broker to save on expansion costs and attract new clients, while a sub-broker does not have to bear the costs of accreditation and development of their trading platform. For you as an end customer, this means higher commissions and no personal account, since you work through an intermediary company. This is the main difference this option from cooperation with the American broker directly.

A comparative table of the pros and cons of this option is on my blog (the table format is not supported on smart-lab).

Option 3. Opening a direct account with a US broker

As the name suggests, this method involves working directly with a foreign broker. To enter the NYSE and NASDAQ, you yourself choose a broker, open a brokerage account (aka account) with him and replenish it from your foreign currency account opened with a Russian bank. In this case, you work with a foreign broker not through an intermediary company, as happens with a sub-broker scheme, but as an end client.

As a result, you get a personal account, a transparent scheme of work, lower costs and a high level of security. However, there are costs here. In particular, you may need: more time to prepare and fill out documents (how much more depends on the broker) and more patience when interacting with bank employees (how much more depends on the bank).

A comparative table of the pros and cons of this option is on my blog (the table format is not supported on smart-lab).

Having figured out how to enter the American market, a logical question arises: which broker to choose. In such matters, one can only speak for oneself. I work through Interactive Brokers and you can read my opinion about it. However, for the sake of objectivity, I probed the Russian market for alternatives. At the time of writing this post (September 2016), the situation for three Russian brokers is as follows. A comparative overview of the situation is given on my blog .

Good day readers!

I think everyone will agree that the US stock market deserves a separate article. It includes the largest stock exchanges in the world, which affect the financial "well-being" of the entire planet. The American Stock Exchange is a unique phenomenon: as soon as it appears, it immediately attracts money. According to statistics, half of the world's turnover is in the United States.

American sites are divided into three categories: stock, commodities, derivatives. Let's consider each type separately.

The American stock market is represented by four monsters of world trade. Let's talk about them in more detail.

NYSE

Recognized world leader among stock markets. The exchange is the largest and most significant, one of the oldest in America. The most stringent listing requirements are NYSE. Those who were lucky enough to get into its quotes can consider that they have caught the stock bird of luck: 50% of the turnover of world stock trading is here.

In addition, the NYSE is systematically pursuing a policy of mergers and acquisitions, which only increases its influence and power.

NASDAQ

American stock exchange, which was created exclusively for electronic trading.

Despite its relatively young age (less than 50 years old), it has grown so much that it ranks second in the world in terms of capitalization after the NYSE. This once again proves the relevance of the development of automated trading systems.

Feature - in the absence of a physical location. Since trading is automated, exchange resources are scattered in different places, there is no need to keep a large staff. Participants of the American exchange work from home, which greatly expands the geography of stock trading.

Like the NYSE, it is pursuing acquisitions and broadening the horizons of equities.

The exchange specializes in companies in the IT sector and other high-tech industries.

AMEX

The exchange under this name has not existed since 2008, when the global giant NYSE bought it and renamed it NYSE Alternext USA. Independence was killed by the crisis of 2008.

AMEX, even at the beginning of its hundred-year history, could give odds to the same American NYSE in terms of popularity and volume of stock trading. This site was created as a springboard for trade of small enterprises in the extractive industry, light and chemical industries. The NYSE competitor helped her a lot by tightening listing conditions, as a result of which American stock companies began to move en masse to AMEX.

AMEX became the originator of ETFs. And it all started with depositary receipts, introduced in 1993, and the introduction of exchange-traded funds into the American market.

The stock exchange to this day boasts several popular indexes. And its main index, now called the NYSE Arca Index, is recognized as the most accurate financial indicator in the world.

CHX Chicago Stock Exchange

Leads history from the century before last. Recognized as the largest among commodity exchanges. It is in the camp of the US leaders in terms of trading volume.

The American stock exchange is unique because it does not calculate any of its own indexes and has not created a listing. Any company can trade here. Therefore, it offers a wide product range, which has a beneficial effect on further growth and development.

Commodities and derivatives exchanges

In addition to stock exchanges, on the North American continent there are exchanges for direct trading in goods, as well as American derivatives exchanges, which specialize in the circulation of derivative financial assets such as futures and options.

Chicago Mercantile Exchange CME

It was created as a platform for American agricultural products. It was marked by high growth rates, since its favorable location attracted sellers from all over the country.

By the 1950s, however, the state of affairs had fallen into disrepair due to a sharp decline in demand for American agricultural products. Thanks to competent management, the introduction of innovative instruments (the International Monetary Market IMM futures market), the exchange was revived in its former glory and began to gain momentum. And launched in 1992, the CME Globex electronic trading system, officially owned by the Chicago Stock Exchange, made it possible to make trading around the clock and further added popularity to the American site.

The platform plays a key role in the futures market. All investors in the world are guided by its quotes. In the summer of 2018, she joined the NYSE group.

A feature of the site is the transparency of transactions. This simplifies the analysis of the market and at the same time cuts off the possibility of market manipulation. A separate pride of the exchange is weather futures to hedge the risks of American farmers.

Chicago Board Options Exchange (CBOE)

It is the largest option market in the world. It was founded not so long ago - in the seventies of the last century, but it quickly managed to become popular and attract a lot of not only American investors.

It has both manual and automated trading. How to trade is up to the trader: the hybrid system allows everything. By the way, today manual and automatic trading are divided almost equally.

Intercontinental Commodity Exchange (ICE)

In Russian, the name of this site sounds like the Intercontinental Exchange. Currently part of an old acquaintance - the world giant NYSE. It is the world's largest platform for the futures market, despite its young age (it is less than 20 years old). Some prices, for example, for Brent oil are determined on this exchange.

It was originally conceived as a platform for trading energy resources, for this purpose a number of purchases and mergers were carried out. On the wave of success, it was acquired by the NYSE. The bonus of this deal was access to the leading stock market. It also clears throughout the North American continent and in Europe.

Few people know that it is the oldest stock exchange in the United States. Achieved results in the options market, especially currency. Later, it repeated the fate of the nearest American stock counterparts, being bought by NASDAQ.

The number of listed securities is small compared to the rest, but this is successfully compensated by trading in some of the popular indices (for example, XAU gold and silver).

Boston Exchange

The very idea to organize an exchange in this city was doomed to success, since Boston is a recognized financial center of the United States. Even the first mutual fund in America was created in it. Perhaps the good location contributed to the fact that the unremarkable American regional exchange, which also neglected derivatives and was wary of innovation, gained momentum at an enviable rate.

However, it still suffered the fate of similar regional sites. Unable to withstand the competition, it was swallowed up by the monster NASDAQ, which, due to this, received its own clearing system.

Pacific Exchange

One of the regional sites that has grown to international status (this happened due to the takeover by the same NYSE).

An interesting feature - the first decades of its existence were two separate exchanges with different geographical locations: one part was located in San Francisco and worked with stocks and bonds, and the second in Los Angeles traded oil. Only in the middle of the 20th century did they finally merge into the Pacific area.

The American Exchange is also known for being a pioneer in private ownership.

Exchange comparison table

The main data on the considered American exchanges, including Moscow working hours, I have given in the table below.

Name	Number of companies	Capitalization, billion $	Daily volume	Schedule	Traded Companies/Resources
NYSE	4.4 thousand	28 trillion	2 billion pieces	17:30-0:00	Shares of the largest global companies different industries
NASDAQ	3.6 thousand	13 trillion	2.5 billion pieces	17:30-0:00	NASDAQ NM: stocks of the largest companies world renowned Nasdaq SCM stocks small companies.
AMEX	1300	1	0.1 billion pieces	17:30-0:00	Company securities small cap ETFs
CHX Chicago Stock Exchange	—	32	—	16:30-23:00	Stock; options
Chicago Mercantile CME exchange	—	3,3	15 million pieces	24/5T	Goods (agricultural products) Interest rates(CB, euro, dollar) Currencies Stock indices (S&P500, Nasdaq, Dow Jones, nikkei) Precious metals Mining industry products (oil, coal, gas)
Chicago exchange options CBOE	—	—	1 million pieces	16:30-23:15	Options on most popular assets
Intercontinenta Commodity Exchange (ICE)	—	—		24/7	ICE Futures Europe: contracts for oil, gas and other energy carriers, as well as instruments of climate exchanges. CE Futures US: futures and options for rice, sugar and other commodities, indices and currencies. ICE Futures Canada: grain contracts.
Philadelphia Stock Exchange PSE	3,6	13,3	2.2 million pieces	16:30-23:00	Extractive industry options
Boston	—	—	53 thousand pieces	—	Options
Pacific	—	—	—	—	Options

How to start trading on the American stock exchanges

In order for an average investor to work on the US stock market, you will need to conclude an agreement with a broker that, in the list of brokerage services, provides access to the US market. Below I will tell you how to choose a broker and trade with him.

Russian broker

A broker under Russian jurisdiction will not provide even a tenth of the instruments needed by an investor in the US market. You can, of course, work with America through the St. Petersburg Stock Exchange, but it is better to choose a broker with a foreign subsidiary, through which the options you are looking for will be available (for example, American stocks online).

When choosing a Russian broker, pay attention to which American sites it provides access to, and prefer the one with the maximum number of them.

Rikom Keith Opening Finam BCS Tinkoff Promsvyaz

The largest broker and investment company in Russia. I myself have not worked with them, but colleagues respond very positively.

From the pros:

1. Non-buggy Transaq terminal
2. Possibility of replenishment / withdrawal of money from the account without commission (through your bank)
3. A bunch of first-class services (for example, you can download the history of quotes for free)

In fact, the only real major American broker that still works with the Russians.

1. There is support in Russian
2. Good Commissions
3. The deposit can be replenished in rubles (bypassing currency control)

I'll take the cons:

• Minimum deposit 10.000$
• Inactivity fee

The company is an American "daughter" of Finam and was created to bring clients from the CIS to the American market.

1. The easiest way to open an account
2. Russian-speaking support
3. Opening an account from $200

• Fairly high fees
• Various additional payments

Forex and Binary Options Warning

Longtime readers already know about my attitude towards these two hypostases. For new ones, it's easy for me to repeat myself.

Remember: not a single forex dealer or “binary options” dealer (which, by the way, cannot enter our market) has access to the stock market, especially the foreign one.

In the distant past, trading on the American stock market was possible only if the trader had a solid amount of money on deposit - it was about 10,000-30,000 dollars. But times are changing and today it is possible to enter the US stock market with an amount of 50-150 greenbacks. This opportunity was realized thanks to the introduction by top brokers for trading shares on the American stock exchange in the USA, the so-called contracts for difference - CFD, which we will talk about a little later in the text. In the meantime, in order not to lose your precious time, you can look at our rating of the best CFD brokers for trading on the US stock market, which was specially prepared and published for those speculators who are looking for a reliable intermediary and are interested in obtaining the most favorable trading conditions. for financial instruments of interest.

Our overall independent rating of the best Forex brokers →

CFD (Contract for Difference) is a kind of electronic agreement between the buyer and the seller, which involves the transfer of the price difference between the current value of an asset at the time of opening a trading position (the moment the contract is concluded) and its value at the time of closing a trading position (moment of termination of the contract). Using contracts for difference, a trader can make a profit both on the increase and decrease in the prices of securities and underlying commodities, since CFD is a derivative instrument on the underlying asset. If we transfer this expression to shares, we get that the Contract For Difference (CFD) is a derivative of the share purchase agreement - this fact allows the trader to carry out speculative transactions in shares without the need to have ownership rights to them.

NASDAQ (National Association of Securities Dealers Automated Quotation) and NYSE (New York Stock Exchange) - it is on these largest exchanges that the main quotation of American stocks takes place. These exchanges are leaders in terms of trading volume and market capitalization. Our recommended brokers will provide direct access to these exchanges and allow you to trade shares of well-known American companies from anywhere on the planet earth. You can profit by buying and selling shares of Apple, Google, Ford, Autodesk, Chevron Corporation, Facebook, Hewlett-Packard Company, Liberty Ventures, Ebix, Microsoft Corporation and many other brands.

Forex broker AMarkets (AMarkets)

Methods of depositing and withdrawing funds in AMarkets →

• Status AMarkets : recommended broker!
• Company foundation year: 2007
• Licenses (regulatory): FCA, Financial Commission
• Minimum deposit: absent
• Spreads: minimum, from 0 points
• Max. leverage: 1 to 1000

Since 2007, AMarkets has been widely known in Russia and the CIS countries as a reliable partner when working on international financial markets. Clients are offered a wide range of instruments for online trading, including currency pairs, commodities, metals, stocks, bonds, as well as CFDs on global stock indices. The mission of AMarkets is to continuously develop trading technologies to increase the level of success of its clients. The company uses modern trading platforms and a mechanism for direct entry of orders to the market - ECN and STP.

Types of trading accounts AMarkets → Bonuses, promotions and special offers from AMarkets → Trading training in AMarkets →

Forex broker RoboForex (RoboForex)

Methods of depositing and withdrawing funds in RoboForex →

• Status RoboForex : recommended broker!
• Company foundation year: 2009
• Licenses (regulation): FCA, CySEC, IFSC, NAFD
• Minimum deposit: 10 USD/10 EUR
• Spreads: minimum, from 0 points
• Max. leverage: 1 to 1000

The RoboForex company (RoboForex) began its history in 2009. She tries to provide traders with the best trading conditions based on the MetaTrader and cTrader trading platforms, using innovative technological solutions and years of experience for this. RoboForex actively and successfully works in various countries of the world, doing everything possible to expand the geography of its presence. The broker is proud of the variety of services offered, of the same quality for all its clients and partners, regardless of the size of their deposits and trading experience.

RoboForex trading account types → Bonuses, promotions and special offers from RoboForex → RoboForex Contests → Learn to trade at RoboForex →

Forex broker FreshForex (FreshForex)

Deposit and withdrawal methods in FreshForex →

• Status freshforex : trusted broker!
• Company foundation year: 2004
• Licenses (regulation): NAFD (CRFIN)
• Minimum deposit: absent
• Spreads: minimum, from 0 points
• Max. leverage: 1 to 2000

The American stock market gives private investors much more opportunities than the Russian one. What online brokers in the US can be used from Russia?

The capitalization of the Russian market, which in 2015, according to Bank of America Merrill Lynch, was $415.89 billion, is comparable to the value of the largest American companies like Apple ($585.9 billion) or Alphabet ($506.1). The convenience of trading programs and services for private investors in Russia is inferior to Western counterparts to about the same extent.

According to the head of Valorence Advisors & Research, Ilya Alkhimov, a trader with 15 years of experience, the trading programs offered by Russian brokers are inferior to Western services in terms of functionality. The result is a total of 70 thousand active accounts of private investors on the stock exchange. Russian brokers offer clients simpler services, but have not yet achieved much success.

Brokerage companies in Russia understand that the domestic stock market does not meet the needs of investors and offer them access to Western trading floors. However, these services are not cheap. According to FG BCS's customer support service, the minimum account for trading in the US market is $10,000 with this company. The broker charges a commission of $0.01 per share, excluding exchange fees and regulators' fees. Buying a futures or option will cost a trader $1.75, while he will have to pay $25 monthly for using the BCS CQG trading terminal.

Why pay that kind of money to Russian intermediaries when you can go directly to American online brokers? Ilya Sogonov, managing partner of Anderida Group, a small wealth management company, believes that American trading services provide more opportunities for trading. “Russian brokers, unfortunately, cannot provide full access to a large number of possible platforms and tools,” he said.

Private trader Andrey Agapov, who himself used the services of foreign intermediaries, agrees with this assessment. “If in Russia brokerage companies mainly offer access to the US stock market, then local companies also allow trading in futures, options and many other instruments. The choice of assets available for transactions, of course, is not comparable to that provided by Russian brokers,” he said.

Difficulties

In the American market, the requirements for private investors and the trader's need for capital are much higher. Alina Ananyeva says that in Russia you can start trading with a capital of 30 thousand rubles. In the US, it will take $5-10 thousand to open an account, and for comfortable trading, for example, options, from $50 thousand. Also, to trade on the derivatives market, you must have the status of a qualified investor. True, you can simply indicate in the questionnaire that you have knowledge of options, and they will take your word for it, she says.

Another disadvantage of trading through American companies, traders consider a complex taxation scheme. If in Russia brokers take care of paying taxes themselves, then a trader cooperating with a US brokerage company will have to resolve this issue on their own. According to Ilya Alkhimov, in Russia there is still no acceptable form of tax reporting for citizens who have made a profit on the US stock market. The tax authorities do not accept documents issued by American brokers.

Clients of brokerage companies from the United States have to redo the reporting received from the broker in accordance with Russian standards. At the same time, they have to prove the existence of profit by presenting a brokerage agreement, certificates of funds crediting and many other documents upon request. True, even in such cases, the tax authorities often refuse to accept declarations. This contributes to the growth of gray schemes and the departure of traders from taxation, says Alkhimov.

If the trader still manages to submit documents to the tax office, then in accordance with Article 280 of the Tax Code, the rate on income from operations with securities will be 13%.

Interactive Brokers

Most often, traders from Russia resort to the services of Interactive Brokers (IB), which was founded in 1977 and has a capital of more than $5 billion. According to Alina Ananyeva from LowRisk.ru, this broker has currently opened about 3,300 accounts for Russian citizens and CIS. Traders Alkhimov and Sogonov also prefer to enter the US market through this company. “The main difference between Interactive Brokers and Russian brokers is the breadth of coverage of world platforms (all in one bottle, except for Russian Eurobonds), the well-thought-out Trade Work Station (TWS) trading system, transparent risk management, and wide connection options,” Alkhimov said.

The popularity of Interactive Brokers in Russia is largely due to the simplicity of the account opening procedure and the availability of Russian-language technical support. Registration of a brokerage account is carried out through the online services of the company. As follows from the information published on the IB website, the broker accepts documents in electronic form, without requiring their translation into English.

The minimum amount you need to deposit into your account to trade with Interactive Broker is $10,000 or the equivalent in another currency. For individuals under the age of 25, an exemption is provided - they need to have at least $3,000. Clients of consultants and brokers from IB can open accounts with only $5,000, according to the Interactive Brokers website.

Commissions vary depending on assets. For transactions with shares, it is $0.005 (per security). Also, the client can choose a brokerage commission, which decreases depending on the trading volume. For example, with a monthly turnover of more than 300 thousand shares, the payment will be $0.0035 per share. The commission for operations with options is $0.70 per contract with a turnover of less than 10 thousand securities per month and $0.50 with a turnover of up to 50 thousand securities. Payment for operations with futures — $0.25-0.85 per contract, depending on the volume of trading, for transactions with bonds — $0.002-0.1, depending on the type of debt security and the monthly turnover on it.

Lightspeed Trading

Lightspeed Trading (founded in 2001) is known in the market as a broker for trading robots and algorithmic traders who make deals for large amounts of money. Nevertheless, this company has something to offer the private investor.

The client can open an account through the online service on the site. Documents are sent electronically, although the broker may require some forms in paper form - these must be sent to the Lightspeed office by mail. The minimum account when trading through the Lightspeed online platform is $10,000, but the broker also has its own Lightspeed Trader terminal, which requires a minimum of $25,000 in an account, according to the company's website. To buy shares and ETFs, an online version is enough for a private investor.

According to the company's terms, if a client opened an account for less than $15,000 and does not make transactions, the brokerage company writes off a monthly fine of $25. The commission for shares and ETFs in Lightspeed is $0.0045 per security (minimum $4.5 per trade). For active traders, a commission reduction is provided depending on the monthly turnover. The withdrawal fee is $50 regardless of the amount.

Just2Trade

This relatively young American broker (founded in 2010 as a division of Success Trade Securities) was recently bought by Whotrades Inc., part of the Finam holding. He specializes in American stock exchanges. Opening an account is carried out as part of the registration of a Whotrades+ (WT+) account. The client does not need to provide documents in paper form - he can send them in the form of a scan by e-mail. The minimum amount with which you can enter the US market through Just2Trade is $3,000.

The Just2Trade broker commission is fixed: for one transaction with shares and ETF, the client will have to pay $2.5. Replenishment of the account will cost $30, and withdrawal of money - $40. True, unlike Lightspeed, the broker does not charge for the lack of trading activity. Just2Trade is a member of the Securities Investor Protection Corporation (SIPC), which guarantees $500,000 of brokerage account insurance.

MB Trading and Place Trade

Brokerage companies from the "second tier" - MB Trading and Place Trade - differ from the giants in more comfortable requirements for the size of the account and less humane commissions. Broker MB Trading (founded in 1999) is ready to open an account for a Russian client with at least $250. Client registration is carried out through a web form. Documents are accepted only in electronic form, while papers confirming the trader's address must be translated into English and notarized, according to the company's website.

The commission depends on the turnover: with a transaction volume of up to 5 thousand shares, the client pays $4.95, if more - then $4.95 plus $0.005 for each security in excess of the "limit". For inactivity for three months, MB Trading charges $12 quarterly. The withdrawal fee is $50.

In turn, the Place Trade company requires a minimum of $5,000 to open an account. For investors aged 21 to 26, preferential terms are provided - a minimum account of $3,000. The company accepts online applications for opening an account in Russian. The commission for a transaction with a share is $0.01 per security, but not less than $1.5. If the amount on the account is less than $100 thousand and the client does not make transactions within a month, he will be charged a $10 inactivity fee. Withdrawals will cost $10.

The American stock market is the most liquid of all financial markets in the world. The NYSE lists shares of 7,000 companies representing unique opportunities.

Choosing a broker to trade on the NYSE

To enter the American stock market, you must initially select a broker who is able to provide this service. By the way, there is no need to look for American companies today. Many Russian companies also provide access to US exchanges today. Among them:

• Finam;
• Freedom Finance;
• Brokerage company "Opening";
• IT Invest;
• Zerich Capital Management.

Additionally, access to the US stock exchanges can be obtained through a foreign insurance company. But for this, you first need to become its client, and purchase a cumulative insurance program.

When choosing a brokerage company, you should pay attention to the following factors:

• Convenience of the trading platform, speed of transaction execution.
• Offered choice of trading instruments.
• Jurisdiction, as well as protection of the private investor.
• Availability of all required licenses and certificates.

American Stock Exchange NYSE

The principle of operation of Russian companies providing access to US exchanges is based on the opening of offshore "subsidiaries".

Having gone through all the brokerage companies, it can be noted that the minimum threshold for access to the NYSE is 3 thousand dollars.

In most cases, a minimum amount of $10,000 is required.

As for commissions, the trader pays only for opening or closing a position (depending on the tariff scale), as well as for using the trading platform.

To open a trading account, you must fill out an application on the company's website (or come directly to the office), tax form W-8BEN, and attach scanned copies of identity documents. Consideration of documents may take up to one week.

As for taxes, thanks to the double tax convention signed between Russia and the United States, profits received from trading on the NYSE are subject only to Russian tax, which gives an advantage.

However, based on the fact that the offshore "daughter" of the Russian broker is not a tax agent of the Russian Federation, then you will have to file a declaration and pay taxes on your own.

Investments with a term of more than one year ensure the stability of your savings in the future. , as well as future prospects.

Read about how to come up with a company name.

Not sure if it's worth investing in gold? This article will help you make the right decision. Key ways of investing.

How to select stocks for trading on the US stock market

After a trading account has been opened and funds have been deposited into it, you can start trading on the American stock exchange.

At the same time, it should be noted right away that trading on the NYSE is completely different from MICEX.

A vivid example of this is the number of shares traded, about seven thousand.

In order not to get lost in such a huge number, and not to waste time on “empty chips”, a number of easy rules should be followed. In particular:

• Use stocks with an average daily volume of at least $300,000.
• The price range (especially for newcomers) should be between $15 and $75 per share;
• Trade assets with a capitalization of more than $250 million. It is best, of course, to use stocks with a capitalization of 1 billion;
• Do not trade for the first 15 minutes time is running predominantly impulse trading.

In addition to all of the above, it is also worth adding that you should always follow the simple rules of money management. In this case, it is not of particular importance what market is traded in and for how long the investment is calculated. Therefore, it is not worth risking more than 5 percent of the total invested capital.

Selection of stocks for trading

For medium and long-term trading in the US stock market, you can also use resources such as finviz.com and Stock Screener from Google Finance. Both services allow you to rank the required economic sector in a fraction of a second, and choose the most interesting stocks for investment. Also, services allow you to sort stocks by such indicators as.