How do I open a US trading account? – Selfwealth

Important update

From 5pm AEST on 14 August 2026, US trading applications are available to individual portfolios only, and are completed through the Selfwealth mobile app.

If you already have a US trading account with Selfwealth, nothing changes. Your account, your holdings and your ability to trade all stay exactly as they are.

If you hold a joint, company, trust or SMSF portfolio, or you already have US trading on a portfolio under your login, you cannot open a new US trading account at the moment. We know this is a change and we are working on it. You can register your interest using the form on our website and we will contact you when we have more to share.

Who can open a US trading account

To apply, all of the following need to apply to you:

You hold an individual Selfwealth portfolio.

You do not already have US trading on any portfolio under your Selfwealth login.

You have an active Selfwealth ASX trading account.

You are a current Australian tax resident.

You are not excluded by the US connection criteria below.

If you are new to Selfwealth, you will need an ASX trading account first.

When you are not eligible

You will not be eligible for US trading if any one of the following applies to you:

Your country of birth is the US.

Your country of citizenship is the US.

Your residential address is in the US.

How to apply

US trading accounts are opened through the Selfwealth mobile app.

Open the Selfwealth mobile app and log in. If you do not have the app yet, you can download it from the App Store or Google Play.
On the Portfolio page, swipe across your screen where the Portfolio Value is listed until you reach the US portfolio value, you will then be asked if you want to add US trading.
Provide the additional information requested as part of your application. This includes your annual income, your liquid assets, and your current occupation and place of work.
Review your details and confirm they are correct.
Agree to the terms and conditions to submit your application. Your W-8BEN form is completed automatically as part of this step, so there is no separate form for you to fill in or email to us.

Once you have submitted, we will email you as soon as your account is active.

I applied before 5pm on 14 August 2026. What happens now?

If you submitted a US trading application before 5pm AEST on 14 August 2026, your application is still being processed. There is nothing further you need to do. We will be in touch to confirm once it is complete.

If you were part way through an application but had not submitted it, please contact our support team and we will provide further information.

I cannot apply yet. What are my options?

Register your interest through the form on our website. We will let you know as soon as US trading is available for your account type or situation.

If you already hold US trading under your login, you can continue to use that account as normal.