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wlnoronha

Trading form Netherlands

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Hi guys,

I need some advice from you. I live in Netherlands and I want to open one account in US that allows me to trade options and our volatility trades. Does someone here trade from Europe? Can you give me advice on a broker that I can open my account?

Thanks

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Hi guys,

I need some advice from you. I live in Netherlands and I want to open one account in US that allows me to trade options and our volatility trades. Does someone here trade from Europe? Can you give me advice on a broker that I can open my account?

Thanks

IB was no issue for me, they have European presence as well, but all online anyway.

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Thanks guys,

I will try with them. I have tried with TOS but they do not allow foreign accounts to trade options. What about the comissions cost with IB? is it worth for our kind of trade? Can you give a idea about the average comission and how much it represents in terms of percent of our average results (5%)?

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They charge 0.70$ per lot (on each leg of the trade) but also pass on exchange fees and rebates that occur so the fee varies. I think I had between 0.30 and 1.40. I think I average about 0.75 per lot in the long run but other members report higher averages. (there is a long thread somewhere here about this)

You have to take about 1.2 to 1.5 percent points off the reported performance for fees if you trade with IB.

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On 8/10/2012 at 10:13 AM, wlnoronha said:

Thanks guys,

I will try with them. I have tried with TOS but they do not allow foreign accounts to trade options. What about the comissions cost with IB? is it worth for our kind of trade? Can you give a idea about the average comission and how much it represents in terms of percent of our average results (5%)?

Im from the Netherlands as well. These brokers accept Dutch citizens and are good brokers with low commissions:

 

  • Interactive Brokers
  • Tasty Works
  • Tradier
Edited by Bull3t007

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45 minutes ago, Christof+ said:

@Bull3t007 Does Tasty Works meanwhile accept European customers, also for trading on margin?


Andorra, Argentina, Austria, Belgium, Bolivia, Brazil, Chile, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, French Polynesia, Germany, Greece, Hungary, Iceland, India, Indonesia, Ireland, Israel, Italy, Malaysia, Malta, Mexico, Namibia, Netherlands, New Zealand, Norway, Peru, Poland, Portugal, Puerto Rico, Romania, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Turkey, UK, and Uruguay.  

 

They accept these countries, pretty sure they all are eligble for margin, otherwise they wouldn't focus on being an option platform.

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