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Ask HN: How can I setup a company to trade US stocks for customers in Europe?
How can I setup a company to trade US stocks for customers in Europe?
The company would let customers trade US stocks at very low commission fees.
- popcalc 3y ago>The company would let customers trade US stocks at very low commission fees. If you are looking to open a brokerage follow basically what eToro does: https://www.etoro.com/en-us/customer-service/help/1753170272/do-i-actually-own-the-stock-when-i-buy-it/ https://www.etoro.com/en-us/customer-service/help/1753170272... https://www.etoro.com/customer-service/regulation-license/ https://www.etoro.com/customer-service/regulation-license/ Seems like getting a Cyprus license for EU clients is the best move. You're in luck as there's a lot less red tape than if you were serving US-based customers. As far as managing the US assets: https://www.apexclearing.com/home-2/ https://www.apexclearing.com/home-2/ https://apexfintechsolutions.com https://apexfintechsolutions.com If you or your partners are serious about entering this business, contact me and I can get you in touch with people who have the experience and connections to get fintechs off the ground: https://femku.com https://femku.com