How to buy US stocks from Vietnam?

Many Vietnamese ask us if it is possible to buy US stocks being a non-US citizen. No specific laws prohibit non-US citizens from investing in the different US stock markets like NYSE (New York Stock Exchange) or Nasdaq. In other words, there are no legal restrictions in the United States that would prevent a citizen of Vietnam from investing in any of the US stock exchanges.

Unlike most general public thinks, investing in the New York Stock Exchange & NASDAQ from Vietnam is a simple process that can be easily achieved through an online investment app, called Online Brokers.

How to buy US stocks from Vietnam?

Investors most commonly buy and trade stock through brokers. When considering the choices for an online broker to trade with from Vietnam, traders should look for one that offers a decent asset class range and has a good reputation with clients. You can open up an account with a US online broker (such as Ameritrade, E-Trade, etc) but only some of them offer accounts to non-U.S. residents. If you prefer buying and selling stocks online irrespective of your country, you can use an online global broker. Online trading platforms typically charge lower commission fees, because most of the trading is done electronically. Some excellent international stockbrokers are eToro, IG, and Saxo Invest.

I usually recommend eToro to all traders and investors, but many large firms have online options as well. Etoro is the world's leading social trading platform which is suitable for users who don't have enough experience in trading. On eToro, users can copy the trades of talented, experienced, and professional investors. Once you open an account with eToro, you can trade CFDs and forex, as well as real stocks, ETFs, and many cryptos.

Best stocks to invest for beginners

The best way to grow your money investing in US stocks is to choose the best high-quality US stocks that generate consistent income and lock in your profit regularly. Mix your portfolio with the best blue-chip stocks, high-dividend growth stocks, and an ETF that tracks the NASDAQ. Below we list some of the most popular stocks.

Apple: The company that revolutionized the mobile business by creating the iPhone, needs no further introduction.

Facebook: Another one that doesn't need an introduction: The largest social network worldwide.

Amazon: The most popular eCommerce platform in the United States and the world.

Netflix: Application of series and movies with the largest number of subscribers worldwide.

Google (Alphabet): The Well-known tech giant, we only need to mention that Google's shares are called "Alphabet" on Nasdaq.

Tesla: Elon Musk's vision.

Berkshire Hathaway: An investment corporation owned by the legendary investor Warren Buffet.

Alibaba Group: China's e-commerce giant, owned by Jack Ma.

Visa: Largest provider of credit cards in the world.

Johnson & Johnson: An industrial colossus that produces articles of mass consumption.

J.P. Morgan Chase: Diversified Financial Group.

Exxon Mobil: World's largest oil and gas producer.

Citigroup (C): Global banking and financial services institution.

Walmart: Number 1 supermarket chain worldwide.

Procter & Gamble: Another mass consumption industrial giant.

Mastercard: Provider of credit cards worldwide.

General Electric (GE): Major industrial complex focused on aviation, power, and healthcare.

Walt Disney: The well-known entertainment and content company is also listed on the NYSE.