Can you open a brokerage account with just an ITIN?

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.

What is Form W-8BEN and why is it required?

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.

Do all US brokers withhold 30% on dividends for ITIN holders?

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.

How long does it take to open a US brokerage account with an ITIN?

Account opening typically takes 3 to 10 business days after document submission. The ITIN itself takes 6 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.

Which US Brokerages Accept ITIN in 2026?

By Namira Taif, Lead ITIN SpecialistReviewed by our IRS-authorized CAA partners · Updated June 25, 2026

If you hold an ITIN and want to invest in US stocks as a non-resident, this guide names the five brokerages that reliably open accounts for you, Interactive Brokers, Charles Schwab International, TD Ameritrade, Fidelity International, and tastytrade, and explains what sets each apart. You will learn the documents brokers require, how Form W-8BEN certifies your foreign status and cuts the default 30 percent dividend withholding to 15, 10, or 0 percent by treaty, and the step-by-step account-opening flow. It also flags the popular apps like Robinhood and Webull that stay US-residents-only.

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.

Need an ITIN to open a US brokerage? Apply with a Certifying Acceptance Agent — $297 flat, ready in 7 days.