Ever wonder how your neighbors buy Apple shares like they’re grabbing nasi lemak? Well, it’s not that hard. It takes a few steps, some forms, and a bit of patience.
Step one: choose a broker. go here
Plenty of platforms—local and global. It’s like bubble tea shops—trial and error till you find the one. Popular picks? Tiger Brokers, Saxo, Rakuten. Or go global with firms like Interactive Brokers. Look at costs, ease of use, and currency charges. Ignore wild promises—read real user reviews.
Then comes registration. You’ll need your MyKad, utility bill, and a decent signature. Most ask for uploads or scans. Some accounts get approved fast, some take their time. The speed? Could just depend on whether someone had kopi o.
Next step: deposit funds. Some use wire transfer, others accept FPX or e-wallets. Watch out for hidden conversion costs. Those small fees add up fast.
Now, onto the actual trading. The US market isn’t open 24/7. KL is hours ahead—so plan accordingly. Limit orders help if you’re not staying up. It’s thrilling to own a piece of Apple—just double check your order. Understand your orders before clicking “Buy”.
Let’s get taxes out of the way. No capital gains tax in Malaysia, yay! But the US takes 30% on dividends. W-8BEN form? Do it when signing up.
Don’t skip safety. Make sure your broker is licensed and regulated. Fancy apps mean nothing if your money isn’t safe.
So, to buy US stocks: get a trusted broker, open an account, fund it, and trade smart. Watch your fees, stay informed, and don’t fall for hype. It’s never been more accessible—why not start? Have fun and trade safe!