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Before you can open an account with a stockbroker based in Taiwan, you’ll need to register online with the Taiwan Stock Exchange (TWSE) to obtain a Taiwanese investor ID and tax ID. Foxconn’s stock grew by 4.8% since the start of the year, a bit less than the 8.96% S&P market average. Real time FOXCONN INTL HLD ADR (FXCOF) stock price quote, stock graph, news & analysis. To buy their stock, you have to have a brokerage account that trades on foreign stock exchanges. Interested in buying and selling stock? Founded in 1979 and headquartered in New Taipei City, Taiwan, Foxconn develops and sells computers, consumer electronics and metal casings and components. Depositary receipts typically trade on major exchanges like the New York Stock Exchange (NYSE) and the NASDAQ Exchange (NASDAQ). Best Online Futures Brokers Trading Platform, How Good Grades Can Affect Your Car Insurance Rates, Best Cheap Vision Insurance Options for Seniors, Cheapest Full Coverage Motorcycle Insurance, Overview: History, Pros and Cons of Investing in Foxconn, Method 2: Open an Account with an International Broker, Method 4: Open an Account with a Taiwan-Based Stockbroker, Do Not Sell My Personal Data/Privacy Policy, Commission-free trading in over 5,000 different stocks and ETFs, No account maintenance fees or software platform fees, No charges to open and maintain an account, Leverage of 4:1 on margin trades made the same day and leverage of 2:1 on trades held overnight, Intuitive trading platform with technical and fundamental analysis tools, Does not support trading in options, mutual funds, bonds or OTC stocks, Comprehensive trading platform and professional-grade tools, Confusing pricing structure to leave new traders with a weak understanding of what they pay, Cluttered layout to make navigating TradeStation’s platform more difficult than it should be, Detailed research reports and Education Center, Assets ranging from stocks and ETFs to derivatives like futures and options, Thinkorswim can be overwhelming to inexperienced traders, Derivatives trading more costly than some competitors. Other U.S.-based brokers with access to international trading include Charles Schwab that offers an International account with a minimum initial deposit of $25,000. Source: FactSet. Another method of buying Hon Hai stock involves buying an ETF or mutual fund that includes the stock in its holdings. We may earn a commission when you click on links in this article. Stock analysis for Foxconn Technology Co Ltd (FXCOF:OTC US) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Foxconn’s eCMMS model offers client solutions that range from tooling, molding, components, systems assembly, design, manufacturing, maintenance and logistics. He based his company on his vision of manufacturing electronics products that almost anyone could afford. When it comes to foreign stocks, you can typically invest either through global depository receipts (GDRs) or American depositary receipts (ADRs). Though it is pricier than many other discount brokers, what tilts the scales in its favor is its well-rounded service offerings and the quality and value it offers its clients. The most cumbersome option for a U.S. investor would definitely be opening an account with a local stockbroker in Taiwan due to the extra steps involved. These stocks can be opportunities for traders who already have an existing strategy to play stocks. Finally, you can also invest through U.S.-registered mutual funds or exchange-traded funds (ETFs). As with just about any stock or investment, you’ll find reasons to invest in a stock and equally valid reasons against buying it. Have a question? For instance, in the previous 52 weeks the lowest price the company’s stock traded at was 57.50. If you’re set on diversifying your portfolio and expanding into a foreign market, Foxconn could be right for you. Oversight for U.S. brokers is performed by the U.S. Securities and Exchange Commission (SEC) for equities trading and by the National Futures Association (NFA) and the Commodity Futures Trading Commission (CFTC) for futures, commodities and forex trading. First Trust Taiwan AlphaDEX Fund (FTW) has a weighting of just 3.21% in Hon Hai stock. Because accurate and timely financial data is important, you’ll have to determine whether you’ll be able to access such information for Foxconn consistently. As one of the largest multinational electronic manufacturers in the world, Foxconn (also known as Hon Hai Industry Co.) offers a variety of consumer electronics, component and computer electronic products. SPDR MSCI Taiwan Quality Mix ETF (QTWN) has 5.57% of its holdings in Hon Hai stock. Some online brokers that will accept U.S.-based clients provide international brokerage services that allow access to many foreign markets and they even support accounts in several currencies. Webull’s trading platform is designed for intermediate and experienced traders, although beginning traders can also benefit. The London Stock Exchange is one of the many European exchanges that offers them. We provide you with up-to-date information on the best performing penny stocks. The easiest way to invest in Foxconn from the U.S. is generally by buying Hon Hai stock using its OTC-traded ADR. The easiest way to invest in Foxconn for U.S.-based individuals is by purchasing ADRs or global depositary receipts (GDRs) for Hon Hai stock. It lets you trade multiple assets in over 120 exchanges around the globe regardless of where you’re located, since it accepts clients from all over the world. Apple Inc. (NASDAQ: AAPL) is Foxconn’s largest customer and Foxconn manufactures its iPhones and other devices in mainland China and India. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. This ETF trades in the U.K. under the symbol HHPD. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright 2019© Refinitiv. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Benzinga does not recommend trading or investing in low-priced stocks if you haven’t had at least a couple of years of experience in the stock market. For example, an ETF that invests exclusively in Hon Hai stock is called the Hon Hai Precision Industry Co. ETF. In U.S. dollars, Foxconn’s stock currently runs around $2.0 per share (64.10 NT$). Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. You may also be able to consult a local brokerage in the country of the company in which you’d like to invest, though this may be more difficult due to language barriers and distance. U.S. depository banks issue them and make them available to investors looking to purchase foreign equity. However, investors should also consider the company’s stock performance over a span of time. Finding the right financial advisor that fits your needs doesn't have to be hard. While international stocks provide a great route for portfolio diversification, they also present a certain level of risk. Both investment options are subject to U.S. regulation, but this ultimately decreases risk for those investing internationally. ETFs that trade in the U.S. and include investment in Foxconn include: This option may not be suitable for you unless you’re familiar with the standard Mandarin language used in Taiwan and have knowledge of how financial markets operate there. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. If you're ready to be matched with local advisors that will help you achieve your financial goals, get started now.
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