you know which ones american brokers are they better to invest? Did you know that Brazilians are able to make investments abroad through certified international brokers? Yes, just with a simple registration and sending documents.
It is possible to find US brokers with zero rate and carry out operations with the best actions for day trade and also to buy interesting stocks on the international market. There are also certified American cryptocurrency brokerages, you can find everything in one!
Want to understand more? Check everything below and quickly create your account at the best American broker!
Step-by-step summary for investing in American brokerages:
To start investing in American brokers, just follow these simple steps:
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The international market facilitates the entry of Brazilians into investments abroad. Therefore, there is no need to leave Brazil to create an international account at American brokerages.
In general, it is asking for basic data such as:
To have an account with an American broker, you must register on the official link of that broker. Fill out the form and send the requested documentation.
Your question should now be this: "What are the best American brokers to invest in Brazil?"
Below is a complete list of American brokers, comparing the advantages and disadvantages of each one.
eToro is one of the most popular platforms in Brazil and worldwide, it is extremely easy to create an account and operate. eToro has several tools for clients to learn and copy trades from experienced investors. It is one of the best American brokers for Brazilians, because the platform is 100% in Portuguese and intuitive.
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It is an American brokerage created especially for Brazilian clients. Avenue has zero brokerage, this plan was recently launched on the platform. DriveWealth was compared by Avenue, for this it allowed the broker to be more intuitive. Let's say Avenue is one of the largest in the US, it has more than 300 customers.
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It was created in 1970 as one of the traditional brokers in the United States. Therefore, Interactive Brokers is safe for Brazilian investors, as it has credibility in the US. The brokerage serves more than 33 countries around the world.
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TD Ameritrade brokerage has a bureaucratic process for opening an account, including verification by email. Ameritrade is considered one of the most complete platforms in the international market, as it is safe in the USA.
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Stake is not a true US broker, but has US, Australian and UK regulations to operate. It also has a partnership with FacilitaPay. In 2019, Stake launched its app for Brazilian investors, that's why there are investors who choose Stake.
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Charles Schwab Corporation is one of the most popular brokerages in the US and acts as a Bank as well. You can open a Brazil account and invest in ETFs, stocks and futures. However, it is not affordable for most Brazilian investors because of the initial investment value in dollars.
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Passfolio is an American brokerage company present in 170 countries, mainly focused on shares on the American stock exchange, but it is possible to invest in cryptocurrencies, ETFs and REITs.
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After evaluating several US brokers, along with their pros and cons, plus fees and support, we came to the conclusion that the best US broker is eToro. To assist you in the purchase opening process, we have prepared a very complete and detailed walkthrough, see below. Rest assured that everything is very simple and fast, just follow the steps and very quickly your eToro account will be open.
The W-8BEN is a tax document from the IRS, this certificate communicates that you do not contribute to US taxes. In this way, the broker does not need to withhold payment for its investment and profits. Without this certificate you will not be exempt from the IRS tax and tax requirements.
Sometimes, brokers do not request tax information from Brazilians, this is because some of them serve many countries and adapt to the tax policy of the country of origin. In other words, taxation is paid in the country of origin, mainly because the broker is headquartered in several countries.
Well, look for a legal, internationally certified broker with the best rates. If possible choose one zero rate broker investment!
After registering, transfer your money to an American broker and invest.
According to our surveys, the best zero-rated US broker is eToro. At eToro there is no broker commission for any purchase and sale in the market. It is possible to open a 100% free account. We also find zero fees for brokerage in other brokers, but only in some plans and situations. Check it out below:
Pursuant to CySec/FCA regulations, the zero fee and commission plan is only applied to certain stocks available at the broker. In other words, not all American stocks have a “zero rate”.
For example, an American brokerage would be unlikely to guarantee zero rate and commission for a leveraged position. If this happens, be suspicious of the broker, as it contravenes CySec regulations. Thus, the brokerage plan and zero commissioning does not happen in leveraged trades and CFDs.
The best brokers for Brazilians are the ones we list here:
Remember that to open an account, check the credibility of the platform, especially if it has the SEC seal – Securities and Exchange Commission and registration with the FINRA – Financial Industry Regulatory Authority. Checking these 2 questions you will know if the american brokerage is authorized to operate in the financial market.
All of the brokers we quote accept Brazilian clients, other brokers do not accept non-US residents. Others, even on the list, bureaucratize their entry into the international market, so see the advantages and disadvantages of each broker in the US.
Consider when choosing an American broker:
All these factors can make your operation in the international market viable. It is extremely advantageous to invest abroad, but with the right brokers. Especially if the currency conversion or exchange rate is good. Therefore, consider the best cost-benefit ratio to choose your American brokerage.
To trade in the US market and directly on the international stock exchange, open a valid account at the brokers listed.
Opening the account is sometimes an easy and lawful process. You will not do anything illegal by sending money abroad if you repatriate and declare earnings correctly.
To help you with your income tax return, see if the broker's support will help you with this relatively easy procedure or hire an experienced accountant to help you with your international investment.
Send all the necessary documents for the American broker to quickly approve your registration. When approved, deposit to start trading on the American market.
The big advantage of investing in the US stock market is to diversify and have access to international stocks that are not on the B3. Brazil's trading floor is considered small next to other international exchanges, mainly because you will have access to the best companies in the world!
Before opening, search and see if the broker accepts Brazilians or foreigners who do not live in the United States. We do not recommend that you open an account with US brokers that do not accept residents, in this case it is not worth opening your account.
Then see if the brokers are certified to operate in the US market. The essential required certifications are:
If the American broker doesn't have these 2 seals, it's no use opening an account!
These important points helped you assess your choice of American brokerages. Another tip is to look for investor opinions and reviews to compare brokers.
For example, the Avenue brokerage has many complaints on the Claim Here website. The Passfolio brokerage, despite offering zero brokerage, has a very slow application and hurts investors. Consider all these factors to choose one of the best brokers for you!
There are several American brokers to make investments. Among the various options, we have identified that eToro is one of the best American brokers to invest in stocks and other assets.
Yes, it is possible to invest money in an American brokerage in Brazil. There are even several American brokers specialized in serving Brazilians, with support in Portuguese. To invest in American brokers, just create an account and activate your registration.