“You can open a brokerage account in Mongolia without going there. I met with six different brokerage firms while in Mongolia and opened multiple accounts. Transaction fees for stock trades I was quoted ranged from 2% to 3.5%, while for bonds I was quoted rates from 5 to 20 basis points. Required fees to open an account ranged from 5,000 Togrog (about $4) to 40,000 Togrog (about $32). Some account opening procedures may request having your signature notarized to have a power of attorney to trade stocks on your behalf, but this can be done in your home country as well with minimal effort.”
Related posts:
St. Louis Federal Reserve Suffers DNS Breach
Why Sir John Templeton renounced US citizenship – AKA why the US shot itself in the foot
Ninth Circuit Gives the A-OK For Warrantless Home Video Surveillance
New tax to fund Obamacare could leave American expats in Canada owing Uncle Sam
NYPD Commissioner: Stop-and-frisk ‘a fact of urban life’
Judge upholds Liberty Dollar founder's conviction, schedules sentencing
Ron Paul: The Real Status of Forces in Afghanistan and Iraq
Decorated Combat Veteran Arrested: Charged With 5 Felonies For Possession of AR Magazines
Driver’s License Renewal Gets Complicated
Gravy for U.S. Energy Producers
Once Again, Activists Must Beg the Government to Preserve the Right to Repair
Swiss Government to Write Report on Dangers of Bitcoin
Don't Cage My Speech! A Student Schools His College
A patent on watching ads online? No problem, says top patent court
Drug Policy Alliance: Why isn’t the DEA shut down?