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I'm Chinese, and I only know Firstrade, Scottrade and SogoTrade provide trading services in the Asia-Pacific region. However, they don't offer a way to buy IPO stock.

Is there any way for me to buy IPO stock? In other words, I'm looking for a broker who can offer the service of subscribing to an IPO in Asia region.

(Financial terms are a little difficult for me. Please point out if I made any mistakes or misunderstandings.)


I have found a useful post here, which tells me that I seems have no qualifications to get in on an IPO.

John Bensin
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Mithril
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1 Answers1

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First thing to consider is that getting your hands on an IPO is very difficult unless you have some serious clout. This might help a bit in that department (http://www.sec.gov/answers/ipoelig.htm)

However, assuming you accept all that risk and requirements, YES - you can buy stocks of any kind in the US even if you are a foreigner. There are no laws prohibiting investment/buying in the US stock market. What you need is to get an online trading account from a registered brokerage house in the US. Once you are registered, you can buy whatever that is offered.

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