Viralnews77 - Are you interested in buying foreign stocks, such as Apple, Amazon, Netflix, Google, Tesla, or Facebook? Apparently, the method is almost similar to buying shares in Indonesia.
Buying stocks abroad can be a step to diversify stock investments. Collecting foreign stocks has the potential to generate greater profits. For example, Google shares, within a period of a year, the increase in the share price of Alphabet Inc Class A corporate shares with the code GOOGLE rose by 74.26 percent.
How to Buy Overseas Stocks
You must know when is the right time to invest in online stocks. Fundamental analysis is like watching the economic situation and corporate financial reports become a consideration for buying shares
Also use technical analysis like watching a convoy of stocks during a certain temporary period. It's good to watch the price and fluctuations coming from that stock by studying its lows and highs.
If the stock price drops and comes from a company that is worth buying, then you can be prepared to access long positions and start buying shares. Also take advantage of the stock convoy chart to make it easier to see a good position to buy.
Of course, you don't have to stop by Wall Street to buy foreign stock or become a shareholder. You can do this using your cell phone. Check out the steps on how to buy foreign shares below.
1. Open a foreign stock account
Now there are many international securities companies that you can use their services. Some of these brokers already have applications that you can easily access via smartphones. It's okay to download the app and trigger an account in it.
As news, international securities companies do not have a license from OJK. You just have to see a number of reviews and available information to avoid fraud from corporate securities.
A good securities company can definitely understand the looks of it from the way they do business. The company will provide additional customer service if there is any inconvenience when using its services.
The fundamental thing that you want when you want to buy stocks abroad is of course security and comfort. Therefore, it is very significant to dig up news and understand the corporate brokers that will be our area of accessing stock accounts.
Like choosing a stock broker in the country, the selection of securities or stock brokers abroad must also be carried out carefully.
There are four tips for choosing securities or stock brokers for the safety and convenience of investment activities, namely:
- check the broker's license.
- How many times have the securities been underwriters or underwriters from issuers listed on the stock exchange?
- Watch and read carefully the official websites of stock brokers.
- Find as much information as possible from the formal web online.Also check the regulations set by corporate securities, including initial capital, transaction fees, application usage, and so on.
Similar to buying shares in Indonesia, you will also be asked to have a Customer Fund Account (Rdn) created by an international broker.
After that, you also have to fill out the form and do the verification via email. The verification process usually takes place within a few business days. When finished, you can use it to transact foreign shares.
2. Menyetor dana untuk beli saham
If the account is verified and can be used, you need to deposit funds for the need to buy shares. Each foreign securities set a different initial deposit amount.
The funds can be deposited via bank transfer which is a foreign securities relationship. So, be aware of whether your bank account can make transfers to that security or not.
If not, you can connect a new account at a related bank or choose other foreign securities that work similarly to your bank. It's easy to buy stocks abroad, isn't it?
Another thing you will face in buying foreign stocks is choosing the right stocks. There are thousands of stocks that you can buy, ranging from stocks from America, South Korea, Japan, China, to other big countries.
Try to do an analysis on the performance of the company you want to own shares. It's not vital that large corporations cannot go down. Due to this, diligently read the economic conditions in all global.
After carrying out stock analysis, you can start buying stocks by paying attention to the following three tactics:
Buy if/on breakout. This tactic is carried out when the stock reaches its highest price or has passed a certain value. you can buy a stock while its value has reached the resistance point.
Buy on retracement. This tactic is executed when the stock price hits the lowest price and experiences a breakout. If you buy the stock at this point, and the purchased stock can pass the breakout condition, usually the price will go up again.
Buy on weakness. This tactic is executed while the stock price reaches a certain price point. You can buy stocks by considering that the price is still conducive to buying.
Sekuritas untuk Membeli Saham Luar Negeri
For those of you who choose stock investment instruments to earn a profit, you can choose some of the applications below which are quite safe and reliable. This is based on experienced investors who have used these applications.
These are some of the reliable international brokers for buying stocks abroad.
1. Interactive Brokers
Interactive Brokers (Ibkr) provides investors with additional access to the most attractive exchanges globally, namely in the US, China, Europe, Hong Kong and Singapore.
This corporate stock broker provides buying and selling services for stocks, forex, bonds, ETFs, and so on in more than 220 regions. The market access offered reaches 135 markets and is spread in 33 countries. IBKR also uses 23 currencies.
To carry out the busy transaction of multinational stocks through Interactive Brokers, investors must deposit a minimum capital of US$10,000 or approximately Rp. 140 million. Transaction fees that generate insufficient income are 1Percent of the total trade value up to US$1.
After that, the transaction fee for 1,000 shares is US$5. However, this fee is free for IBKR Lite clients.
Interactive Brokers offers access in 135 markets spread across 33 countries and has used 23 currencies.
Minimum initial deposit: USD 10,000 or approx. IDR 140 million
Transaction fees that do not earn enough come from 1Percent of total trade value: USD 1
Transaction fee of 1,000 shares: USD 5 (Free for IBKR Lite clients)
Free closing or account transfer
No inactive account fees.
2. etoro
This British securities company was founded in 2007 and has been operating in hundreds of countries, including Indonesia. etoro offers more than 2,000 stock issuers that you can own. The minimum initial deposit is also quite affordable, only $200 for the equivalent of Rp. 2.8 million.
Not only stocks, you can also invest in forex, crypto, and ETFs (Exchange Traded Funds). This corporation will charge investors $5 for each withdrawal of funds.
etoro offers buying and selling services or trading stocks, ETFs, forex, cryptocurrencies and more. For shares, there are 2,000 shares that you can choose from.
Minimum initial deposit: USD 200 or approximately IDR 2.8 million (Assume the exchange rate is IDR 14,000 per US dollar)
Withdrawal fee: USD 5
Inactivity fee: USD 10 per year (For accounts without trading activity for 12 months)
There is no transaction fee for buying or selling shares for long positions
Short selling fee: 0.18Procent from transaction value.
3. Tradestation
You can also take advantage of services from Tradestation to buy foreign stocks. This corporate security does not burden its customers who want to do share buying and selling transactions.
For the initial deposit, you must prepare $2,000 or the equivalent of IDR 29 million. Tradestation also provides trading forex, crypto, mutual funds, bonds, to ETF.
Customers use systems originating from this world's securities to trade crypto, stocks, mutual funds, ETFs, bonds, and buy Ipo shares.
Minimum initial deposit: USD 2,000 or IDR 28 million
Free transaction or trading fees
Free stock transactions for the first 10 thousand shares per transaction and USD 0.005 for each additional share above 10 thousand.
4. Saxo Bank
This offshore stock provider company has been operating for much longer, namely since 1992. You can take advantage of the services of buying and selling stocks, forex, bonds, and other assets. However, this corporate is intended for those of you who are more serious in investing in foreign stocks.
Saxo Bank requires a minimum deposit of $3,000 or the equivalent of IDR42 million. Not only that, customers will also be charged 0.12-0.25 percent per year. For withdrawal of funds, customers are required to pay EUR 5 or the equivalent of Rp. 83 thousand.
The investments offered include, forex, stocks, commodities, bonds, and many others.
Minimum initial deposit: USD 3,000 or approx. IDR 42 million
Custodian fee: starting from 0.12Percent-0.25Percent per year (Depends on member strata)
Minimum monthly fee: EUR 5 or approximately IDR 82,320 (Assumed exchange rate IDR 16,464 per Euro)