Updated
Which US Brokerages Accept ITIN in 2026?
Which Brokers Currently Open Accounts for ITIN Holders?
| Brokerage | Country Coverage | Best For |
|---|---|---|
| Interactive Brokers | Global (220+ countries) | Lowest fees, professional traders |
| Charles Schwab International | Most non-sanctioned countries | Long-term investors, mutual funds |
| TD Ameritrade (Schwab) | Most non-sanctioned countries | Active traders, thinkorswim platform |
| Fidelity International | Selected countries | Research-focused investors |
| tastytrade | Selected countries (expanding) | Options traders |
For the dedicated cluster page, see the ITIN brokerage account page.
What Documents Do US Brokers Require From ITIN Applicants?
- ITIN number (9XX-XX-XXXX format on the IRS CP565 notice).
- Valid passport as primary ID.
- Proof of foreign address (utility bill, bank statement, government letter dated within 90 days).
- Form W-8BEN certifying non-resident status.
- Tax residency certificate (some brokers, optional but speeds approval).
- Source of funds documentation for larger accounts.
How Does Form W-8BEN Reduce Dividend Withholding?
The default US withholding rate on dividends paid to non-resident aliens is 30 percent. By submitting Form W-8BEN with a valid ITIN and claiming a tax treaty article, the rate drops to:
- 15 percent for most treaty countries (Australia, Canada, Germany, India, Mexico, UK).
- 10 percent for certain treaty countries (China, Pakistan).
- 0 percent for treaty interest income and specific exempt categories.
Which Brokerages Do NOT Accept ITIN-Only Accounts?
- Robinhood: US residents only; requires SSN.
- Webull (US entity): SSN required for the US brokerage; Webull International is a separate entity.
- SoFi Invest: US residents only.
- M1 Finance: US residents only.
- Public.com: US residents only.
What Is the Step-by-Step Process to Open a US Brokerage With an ITIN?
- Apply for an ITIN via Form W-7 (CAA-assisted path recommended).
- Receive CP565 approval from the IRS in 7 to 11 weeks.
- Choose a broker from the list above based on fees, country coverage, and product needs.
- Complete the non-resident account application online.
- Submit Form W-8BEN with the ITIN and treaty claim.
- Fund the account via wire transfer or ACH from a linked international bank.
Frequently Asked Questions About ITIN Brokerage Accounts
Interactive Brokers, Charles Schwab International, TD Ameritrade (now part of Schwab), Fidelity International, and tastytrade are the 5 most accommodating US brokerages for ITIN-holding non-residents. Each offers a non-resident or international account flow that accepts ITIN as the Taxpayer Identification Number alongside Form W-8BEN.
Yes. Most international-friendly US brokerages allow account opening with an ITIN, a passport, proof of address, and a completed Form W-8BEN. An SSN is not required for non-resident accounts at these firms. Some brokers may also request a tax residency certificate from the home country.
Form W-8BEN (Certificate of Foreign Status) tells the US broker that the account holder is a non-resident alien for US tax purposes. The form claims any applicable tax treaty benefit and reduces the default 30% withholding tax on US dividends. The ITIN is entered on Part I of the W-8BEN.
The default withholding rate is 30% on US-source dividends paid to non-resident aliens. Treaty residents (countries with US tax treaties) can reduce the rate to 15% (most countries), 10%, or 0% by claiming treaty benefits on Form W-8BEN. The ITIN is required to claim any treaty rate.
Account opening typically takes 3 to 10 business days after document submission. The ITIN itself takes 7 to 11 weeks to obtain from the IRS during standard periods. A Certifying Acceptance Agent verifies documents and submits the W-7 packet in 7 days; at itin-number.com the flat fee is $297.
Need an ITIN to open a US brokerage? Apply with a Certifying Acceptance Agent — $297 flat, ready in 7 days.