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My sister has just gone to USA and will try to settle down. She wants to invest some money in US stock exchange. But she hardly have any idea of stock market. Now she wants me to operate her investing and regular trading through online staying in my country Bangladesh, just beside India.
Now my questions are:

  1. Can I really do all the trading, analysing, valuation and management through online staying outside USA?
  2. Is it possible to get real time / current market news (all) from online sources to analyze and evaluate current and potential companies?
Dheer
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Golam Kausher
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2 Answers2

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In short: yes, as long as you have Internet access.
See, for example this question or this one about opening a brokerage account from outside the US. Your sister could even open an account here in the US and provide you with access.
However, I'm guessing you're not a registered or even formally trained financial advisor and if you make bets with her money that don't work out well, she could get pretty upset with you. You might consider doing research from Bangladesh on good financial advisors and picking one (or a few) to recommend she go see in the US.

EDIT: OP hopes to be a financial advisor in the future. Given that comment, I'd recommend looking into becoming a Certified Financial Planner (unless CFA suits your goals; you indicated that process is already underway), as a step towards that goal. Information about the certification in the US is here, in India here, and in some other countries here.

Community
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WBT
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Yes many people operate accounts in usa from outside usa. You need a brokerage account opened in the name of your sister and then her username and password. Remember that brokerages may check the location of login and may ask security questions before login. So when your sister opens her account , please get the security questions. Also note that usa markets open ( 7.00 pm or 8.00 pm IST depending on daylight savings in usa). So this means when they close at 4:00 pm ET, it will be 1:30 or 2:30 am in India. This means it will affect your sleeping hours if you intend to day trade. Also understand that there are some day trading restrictions and balances associate. Normally brokerages need 25,000 $ for you to be a day trader. Finally CFA is not a qualification to be a trader and desire to become a trader doesn't make one a trader. TO give an analogy , just because you want to be a cricketer doesn't make you one. It needs a lot of practice and discipline.Also since in bangladesh , you will always convert the usa amount to bangladeshi currency and think of profits and losses in those terms. This might actually be bad.

  • Regards Trader
Learner_101
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