Ok Investers, π₯°
Most of the time people ask form me how to invest in stock market. Because there are lack of information about it on the internet clearly. Most counties haven’t good facilities to invest in us stock market like my country Sri Lanka. So, you can get comprehensive idea in this article about how to invest in us stock market from outside the America. So read this step-by-step process very carefully and follow every step correctly to start investing in us stock market.
What is this US stock market?
It’s important to know what you’re doing before you do anything. The US stock market is the largest stock market in the world.
While there is only one stock exchange in most of the countries, but there are several stock exchanges in the United States. The two main stock exchanges are:
1. New York Stock Exchange (NYSE): Founded in 1792, the NYSE is the world’s largest stock exchange by market capitalization and is often referred to as “Wall Street.” The companies listed on the NYSE are generally large, well-established companies.
2. NASDAQ: Founded in 1971, NASDAQ is the second largest stock exchange in the US stock market. It trades tech companies and new innovation companies.
In addition, there are several other stock exchanges in the US stock market, but these two exchanges are the main ones. Together, these exchanges provide investors with the facilities to buy and sell stocks, bonds, and other securities. The US stock market has become a major part of the global financial system due to its size, liquidity, and diversity of companies.
Okay, so I think you have a little idea what the US stock market is. So let’s now see how to invest in the world’s largest stock market.
So for this you will have to use several websites. The first step is to create an account on a site called Wise. You can click on the link below and go to the account creation page.
Create an account: https://wise.com/invite/ihpc/wilabadap1
You can create your account in a few simple steps by typing your email in the box below, as shown in the photo I posted below.
Next, you will need to create an account on a site called Interactive Brokers. I have included the link below for you to do so.
Create an account: https://ibkr.com/referral/wilabada444
When you click on the link, a window will open as shown below. Then, click on the open account button.
Then you can enter your email address, username, and password as shown in the image below and click the create account button.
Next, you need to confirm your email. For that, go to your email inbox and verify the email that came from the interactive broker site. As shown in the photo below, select the account type as individual and click the start application button.
Then you have to complete your details. Enter your details as mentioned below and proceed.
Next, you will come to the section below. Then, for account type, select cash. After that, select the details related to your income in the income and worth section below. Then, click the continue button and proceed.
Next, fill in the stock field as shown below.
Next, you will be able to check your details as shown below. Below that, where you have to fill in your birthday, fill in your birthday and put a tick in the box that says I do not qualify for US tax treaty benefits.
Next, tick the other fields as shown below and proceed. Next, type the name as specified on the site in the signature field and click the continue button.
Then you can check your account details again as follows.
Then, tick all the boxes as mentioned below. Next, type your name in the signature field again and click continue.
Okay, now you have reached the final stages. πAs mentioned below, all you have to do is make a deposit to your account, verify your address. Verify the address, provide the required document and complete it. You will also be asked to provide your ID document. Then provide the required document and complete it.
Next step is how to fund to your account. That’s why we need the wise account we created earlier. When you click on the button called fund your account in the picture above, a window will open like below I mentioned. Then, click on the transfer from wise balance field and click on transfer.
Then a window will open as shown below. There you need to click on log in and log in to your wise account and click on authorize.
Then you will receive a notification like the one below. All you have to do now is top up your Wise account.
For that, you first need to log in to your wise account. After logging in, you can see the screen as shown below. Then, select usd as shown below.
Then click on add and you will be taken to a window like the one below. Then you can type the amount you want to deposit and add your payoneer card as the payment method. If you don’t have a payoneer card, you can add a bybit card. If you don’t have a Bybit account, create an account from the link below and deposit crypto to it. Then you can use the bybit card to make the payment. Or you can add money to wise with any card that supports usd.
Bybit Account Creation Link: Click Here
Also, if you don’t know how to create a bybit account and get a card, go to YouTube and search for “how to create bybit card.” You can watch as many videos as you want.
Okay now. Next you have to buy the shares. πYou can see your interactive broker account as below if you have done all the steps correctly.
As shown in the picture below, you can now click on the trade button on the top right. When you click on the button, a window will open as shown below.
So you can buy shares by typing the name of the company you want to buy in the search bar, entering the required information, and then entering the shares.
Next, you can click on the portfolio tab and see the stocks you have purchased as shown below.
Okay, now I hope you all have successfully created an account with Interactive Brokers and are ready to buy or trade stocks. Finally, I wish you all the best in your stock market journey. Also, if you have learned anything from this article, don’t forget to leave a comment. It will be a great motivation for us to bring you more things like this. Also, don’t forget to share this article with those like you who are looking forward to investing in the US stock market. So, good luck to you all. ππΌπ₯