Is Stock Trading legal for a student on F-1 Visa in USA? [duplicate]
As an F1 student, I have been investing (and occasionally buying and selling within few weeks) for several years, and I have never had problems (of course I report to IRS gains/losses every year at tax time). On the other hand, the officer in charge of foreign students at my school advised me to not run ads on a website and make a profit. So, it seems to me that investing is perfectly legit for a F1 student, as it's not considered a business activity. That's obviously my personal understanding, you may want to speak with an immigration attorney to be on the safe side. It is absolutely legal. While studying on a F-1 you would typically be considered a non-resident alien for tax purposes. You can trade stocks, just like any other foreigner having an account with a US- or non-US based brokerage firm. Make sure to account for profit made on dividends/capital gain when doing your US taxes. A software package provided by your university for doing taxes might not be adequate for this. You can buy and sell stocks, if you like. You'll have to pay taxes on any profits. And short-term is speculating, not investing, and has high risk
The OTC market is a marketplace, the location it definitely relied on the purchaser marketplace. The OTC market is mostly used to exchange bonds among the two occasions and all this technique are executed by way of manner of the third celebration. They are able to also be used to alternate equity, such because of the OTC QX and purple marketplaces within the USA. The minamargroup is the Florida, USA situated agency, who elements their purchase investor relation with to present organization into  to make new ones.  OTC way it's far a protection traded in some context other, changing between  parties or groups inclusive of New York Stock trade. 1. One United States Air Force (USAF) B-2 Spirit stealth bomber over Colorado, United States of America (USA), on 9 May 2012: [4288 x 2848 pixels](http://chamorrobible.org/images/photos/gpw-200905-UnitedStatesAirForce-120509-F-VV395-106-clouds-B-2-Spirit-stealth-bomber-Colorado-20120509-huge.jpg)      Source + More High-Resolution Photos: #54 at http://chamorrobible.org/gpw/gpw-200905.htm  2. Two USAF B-2 Spirit stealth bombers over Kansas, USA, on 9 September 2011: [3502 x 2110 pixels](http://chamorrobible.org/images/photos/gpw-200905-UnitedStatesAirForce-110909-F-QH266-265-clouds-two-B-2-Spirit-stealth-bombers-Kansas-20110909-huge.jpg)      Source: #50 at http://chamorrobible.org/gpw/gpw-200905.htm  3.  One U.S. Air Force B-52 Stratofortress bomber leading U.S. fighter jets as they fly over the USS Nimitz (CVN 68), USS Kitty Hawk (CV 63), and USS John C. Stennis (CVN 74) carrier strike groups on 14 August 2007 during Exercise Valiant Shield 2007 in the Pacific Ocean, off the coast of Territory of Guam, USA: [3227 x 1863 pixels](http://chamorrobible.org/images/photos/gpw-20060917-UnitedStatesNavy-070814-N-6009S-001-fighter-jets-B-52-Stratofortress-aircraft-carrier-strike-groups-Pacific-Ocean-Guam-20070814-large.jpg)      Source: #32 at http://chamorrobible.org/gpw/gpw-20060917.htm  4. A transonic U.S. Air Force B-1B Lancer bomber in Southwest Asia on 16 January 2004: http://chamorrobible.org/gpw/gpw-20041216.htm and http://chamorrobible.org/gpw/gpw-20041217.htm      Source: http://chamorrobible.org/gpw/gpw-The-Spectacular-Clouds-of-the-Transonic-Flight-Regime.htm  5. Three United States Air Force long-range, strategic, heavy bombers -- B-52 Stratofortress, B-1B Lancer, B-2 Spirit -- over Guam, USA, on 17 August 2016: [3000 x 1554 pixels](https://media.defense.gov/2016/Aug/17/2001607062/-1/-1/0/160817-F-UA699-357.JPG)      Source: http://www.pacaf.af.mil/News/Article-Display/Article/916815/b-52-b-1-b-2s-participate-in-first-integrated-bomber-operation-in-uspacom-aor/ "ECI is relevant to non-resident aliens who are engaged in trade or business in the US. For that, you have to be present in the US, to begin with, or to own a business or property in the US. So the people to whom it is relevant are non-resident aliens in the US or business/property owners, not foreign contractors.  From the IRS: The following categories of income are usually considered to be   connected with a trade or business in the United States. You are considered to be engaged in a trade or business in the United States if you are temporarily present in the United States as a   nonimmigrant on an ""F,"" ""J,"" ""M,"" or ""Q"" visa. The taxable part of any   U.S. source scholarship or fellowship grant received by a nonimmigrant   in ""F,"" ""J,"" ""M,"" or ""Q"" status is treated as effectively connected   with a trade or business in the United States. If you are a member of a partnership that at any time during the tax year is engaged in a trade or business in the United States, you   are considered to be engaged in a trade or business in the United   States. You usually are engaged in a U.S. trade or business when you perform personal services in the United States. If you own and operate a business in the United States selling services, products, or merchandise, you are, with certain exceptions,   engaged in a trade or business in the United States. For example,   profit from the sale in the United States of inventory property   purchased either in this country or in a foreign country is   effectively connected trade or business income. Gains and losses from the sale or exchange of U.S. real property interests (whether or not they are capital assets) are taxed as if you   are engaged in a trade or business in the United States. You must   treat the gain or loss as effectively connected with that trade or   business. Income from the rental of real property may be treated as ECI if the taxpayer elects to do so." After several hours of trying to get various import methods to work (see comment to other answer), I ended up just adding all the splits by just gritting my teeth, against the inefficiency of at all, and entered them manually. The process took a couple hours, but at least now I have clean data. Duplicating an existing transaction with splits and just changing the date is (a lot) more keyboard efficient than editing an existing transaction and adding the splits (Alt+N, L, 1/1/2011) even when accounting for the overhead of deleting the now-duplicate imported transaction (Alt+N, D, Alt+D). I had this problem when I finished my job in Canada in Sept 2013.   You'll likely have to open the account in person in Canada, at least if you don't already have a relationship with a broker there. DO NOT go to Virtual Brokers.  They told me that my US citizenship was no problem, but right before I left Canada to double check.  It wasn't until I asked specifically which US states they were licensed in that they realized they were licensed in NO US STATES. They told me that they'd freeze my account when I left. I then moved my (former) pension to a locked-in RRSP at BMO.  As of September 2010 BMO could handle residents of most US states, but it took some tooth pulling to get the list out of them.  However, after I flew to the USA, BMO called to demand more ID.  My account was frozen until I flew back to Canada in person just to show ID. Annoyed, I closed the BMO account and moved it to TD Waterhouse.  TD waterhouse can handle accounts for residents of all the US states EXCEPT Virginia, Louisiana, and Nebraska.  (I only got the complete list of exceptions when I made my first trade, since the guys at the trading desk are much more knowledgeable about such things than the guys in the branch.)  TD was extremely friendly about my USA citizenship/residence.  (Many Canadian brokers simply won't accept US residents, at least as of the end of 2013.) Whichever broker you choose, BRING LOTS MORE ID than they require.  Insist that they zerox it all. Make sure to include your social security card.  You don't want them to demand more ID after you've left the country, like BMO did.  They may even make such a move simply to get rid of US customers, because the FATCA is a pain for foreign banks. Quite a few stock broker in India offer to trade in US markets via tie-up brokers in US. As an Indian citizen, there are limits as to how much FX you can buy, generally very large, should be an issue. The profits will be taxed in US as well as India [you can claim relief under DTAA] Yes, However if you live in the USA a lot of companies will refuse to sent you any report and will not let you take part in “right issues” as they don’t wish to come under USA investment law. There is normally a policy at the organisation that would restrict trades or allow trades under certain conditions. This would be in accordance with the current regulations as well as Institutions own ethical standards.  Typical I have seen is that Technology roles are to extent not considered sensitive, ie the employees in this job function normally do not access sensitive data [unless your role is analyst or production support]. An employee in exempt roles are allowed to trade in securities directly with other broker or invest in broad based Mutual Funds or engage a portfolio management services from a reputed organisation. It is irrelevant that your company only deals with amounts > 1 Million, infact if you were to know what stock the one million is going into, you may buy it slightly earlier and when the company places the large order, the stock  typically moves upwards slightly, enough for you to make some good money. That is Not allowed. But its best you get hold of a document that would layout the do' and don't in your organisation. All such organisation are mandated to have a written policy in this regard.