Finding & Using An Offshore Broker - Swiss Style Service In The Americas
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Finding & Using An Offshore Securities Broker Update
Swiss Style Service In The Americas
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This article first appeared in the September 2002 issue of Escape From America Magazine.  Since then we've had sufficient feedback to determine that clients are happy with the firm mentioned in this article.  You can visit the firm's website at www.thalessecurities.com or give them a call at ++507-263-6850 and ask for a broker.
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There is a persistent belief that Swiss Banks and Swiss Brokers live in a higher and better world than their lowly counterpart in less precise nations. I agree with this assessment, at least for the most part.  In my dealings with Swiss Banks I've found their service to be consistently dignified and attentively personal.  It isn't an illusion.  If you're accustomed to using banks that shout your account balance across the room, give you an electric toaster for opening an account and then make you wait in endless lines to get to an impersonal service window; let me the first to inform you that the quiet and attentive dignity of Swiss service would be a big shock to you.  Bankers in Switzerland are also brokers.  If you're accustomed to stock brokers who talk too fast, give bad advice and randomly turn your personal records over to government agencies, then having a brokerage account in a Swiss bank would be like entering paradise in Porsche GT2. 

There are three slight problems with having a Swiss broker; one being time zone differences, another being transaction cost and the third being the requirement that the client has to  have a Swiss bank account with a minimum balance in order to enter the playing field.  None of these factors are insurmountable obstacles.  Yes, the time zone is a bit of a drag for those who live in the Americas. Who among us wants to get up at midnight to talk to our broker?  But all in all, the excellence of service offered by the Swiss usually tends to lessen the worries about time differences and of the slightly higher transaction costs. Even a fifty thousand dollar minimum deposit to open a bank account doesn't prohibit everyone.  Though admittedly, it certainly does stop some of us.

Old Zürich
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Modern Panama
Imagine my happiness when I found a Swiss quality brokerage house here in Panama City. Started by two Europeans, both experienced investment strategists who managed a securities brokerage house in Switzerland for some years before deciding to merge their talents and open their own firm Thales Securities SA. Panama as a place of business offers investor friendly tax laws, the USD as local currency, strict bank secrecy laws and first world infrastructure, secure and highspeed internet in PanamaCity....

Thales Securities SA is one of the first brokers that became licensed by the Comision Nacional de Valores of Panama and is in business in Panama since 1998. In trading volume they are now the largest independent broker of Panama. They offer state of the art and free of charge online trading platforms for stocks, futures, options, forex and cfds with acces to 30+ markets. Online trading comes with live support and live quotes,charts and streaming news for free.
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Online trading accounts can be held in USD or in Euros.

Private Asset Management is the other division of Thales Securities for those clients that prefer to have their assets professionally managed. Investors can choose together with the investmentmanager from the Conservative Asset Management program to the Leveraged Growth program or a tailormade solution called the Investors Goal Asset Management.

Clearing and custodian accounts are held with the best institutions in the US and in Europe.

Legal services such as offshore incorporation or setting up a foundation are provided by the inhouse lawfirm Isthmian Management Group for the lowest possible cost.

Thales Securities offices are on the twenty second floor of the prestigious Generali Tower in the financial district of PanamaCity. In the office you will find friendly, fully bilingual and service minded hardworking professionals and the latest in trading soft and hardware. If you are looking for an offshore broker I strongly recommend you contact or visit Thales Securities SA in Panama-City. Go directly to their website at www.thalessecurities.com or give them a call at ++507-3006663 and ask for a broker.

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