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I'm working on something around this right now for a paper I'm putting together. But upshot is, when we controlled for a bunch of factors including the fact that issuing a stay at home order isn't random, we're seeing something around a 2-3% increase in time spent at home due to the stay at home order. The majority was done by people on their own prior to the government action. I'm updating that now with data from places that are opening up but if people stayed home independent of any government order just rescinding those orders may not have any as big of an impact on the economy as people think. I like what @Kim was saying above on that. We could see a second leg down. I bought some longer dated puts a few weeks ago on businesses that would likely run into serious problems if people were overestimating the recovery. All of those positions are in the red right now but if this continues or requires long term that restaurants operate at 50% capacity the bankruptcies are just starting.

I believe you can find the answers in Tradier Brokerage Special Offer topic. A lot of our members are using Tradier, I think it is as safe as other brokers.

I understand markets can stay illogical for quite awhile... but consumer behavior really seems to indicate that, independent of restrictions from government, we may be in for some prolonged pain... https://www.nytimes.com/2020/05/07/upshot/pandemic-economy-government-orders.html#click=https://t.co/Z2QTq7zFWM

Lynx is just a company trying to market IB in Europe. You would be far better of doing business directly with IB. But apparantly Lynx has leverage on you. I would run away as fast as possible. having said that: opening an account with TOS is easy for Europeans. Just look it up on TD Ameritrade’s site. If you fund it enough and have sufficient trade volume you can bargain a rate of 0.65 per contract. That’s what I do. BTW full disclosure: I am with IB as well. european brokers are just too expensive.

@rigulator, thanks for bringing to our attention ChoiceTrade brokerage firm - looks like they support a lot of countries, so this might be an option for foreign traders. Would be interesting to hear your experience with this broker. They claim they are on the market since 2000, but I never heard anything about ChoiceTrade before. A couple of observations: 1. They have also Foreign Entity Annual Review $200/yearly fee - not sure if this means an additional $200/yr charges for every foreign individual account: Foreign Entity Annual Review Fee $200 2. I was not able to find on ChoiceTrade's web page any info who is their clearing firm. This is a bit strange.

Regulations.. this is why the only major broker that operates in Canada is IB.

Just now I received the answer: Thank you for your inquiry. Yes we accept corporate accounts from your country. However, the approval process takes a little longer than for an individual account, which is generally same day. Please apply here: https://application2.choicetrade.com/#/settings Once you select your country, you will be able to click on Specialty, then Corporate and then you may proceed with the rest of the application. Once we receive your online application, you will receive an email asking for more documents such as the creation documents for your company. Please give the link above to your friends as well. It is a slightly different application from the one for an individual account so they will need to use this link if they want to apply for a corporate account.