Updated
Brokerage Account with ITIN: Investing for Non-Residents (2026)
Which Brokerages Accept ITIN in 2026?
| Brokerage | ITIN Accepted | Best For |
|---|---|---|
| Interactive Brokers | Yes | Global access, low cost |
| Schwab International | Yes | Research, buy-and-hold |
| TradeStation | Yes | Charting, futures |
| Webull | Yes | Options, mobile-first |
| eToro US | Yes | Social trading |
| Robinhood | No (SSN only) | N/A |
| Fidelity | No (SSN only) | N/A |
For the Robinhood gap specifically, see Robinhood with ITIN.
What Tax Form Does an ITIN Brokerage Account Require?
The form depends on US residency status:
- Non-resident alien with ITIN. Form W-8BEN. Claims treaty benefits, reduces 30% default US dividend withholding to treaty rate (typically 10-15%).
- US-resident ITIN holder. Form W-9. Treated as US tax resident; standard 1099 reporting applies.
See ITIN tax treaty benefits for the treaty-rate lookup.
What Are the Steps to Open an ITIN Brokerage Account?
- Pick the brokerage. Interactive Brokers for breadth; Schwab International for research.
- Apply online. Enter ITIN in the SSN/Tax ID field; mark non-resident alien if applicable.
- Upload passport and CP565 letter.
- Sign W-8BEN or W-9. Electronic signature accepted.
- Fund the account. ACH from US bank or wire from any bank.
- Trade. Approval and funding clear in 3-7 business days for most brokers.
Frequently Asked Questions About ITIN Brokerage Accounts
Yes. Interactive Brokers (IBKR), Charles Schwab International, TradeStation, Webull, and eToro US all accept ITIN holders. Interactive Brokers has the most flexible non-resident program; Schwab International offers the deepest research tools. Fidelity and E*TRADE require SSN for new accounts as of 2026.
Non-resident alien ITIN holders file Form W-8BEN to claim treaty benefits and reduce the 30% default US dividend withholding. US-resident ITIN holders file Form W-9 with the brokerage. Year-end forms are 1099-DIV, 1099-INT, and 1099-B (US residents) or 1042-S (non-residents).
Interactive Brokers (IBKR) is the consensus choice: lowest commissions, broadest asset coverage, true global access. Schwab International is best for buy-and-hold investors who want strong research. Webull is best for free options trading. eToro US is best for social-trading and copy-trading.
Yes. ITIN brokerage accounts qualify for options trading approval (Level 1-4) and margin accounts on the same terms as SSN accounts, subject to FINRA suitability checks. Interactive Brokers approves margin from $2,000; Webull approves options from Level 0 to Level 4.
Funding requires a US bank account for ACH transfers, or a US-routed wire from any bank. Wise (with US account details) works as the funding source for ITIN brokerage accounts. Interactive Brokers also accepts international wire transfers from over 30 countries.
Need your ITIN first? Apply with a Certifying Acceptance Agent — $297 flat, ready in 7 days.