How to Open a Brokerage Account?

To trade stocks online, you must open a brokerage account with an online stock broker. To select a broker we recommend using this guide along with our comparison tool to follow each of the steps listed below.

How to Open a Brokerage Account?

A Brokerage Account is an arrangement where an investor deposits money with a licensed brokerage firm, who places trades on behalf of the customer.

Although the brokerage executes the orders, the assets belong to the investors, who typically must claim as taxable income any capital gains incurred from the account. 

Select and Open a Brokerage Account

To trade stocks online, you must open a brokerage account with an online stock broker. To select a broker we recommend using this guide along with our comparison tool to follow each of the steps listed below.

Determine What Features are Important

• Determine what features are important – What brokers offer the features you need to trade successfully? Reading reviews of different brokers will give you an understanding of where each broker excels. First-time traders typically look for brokers with good education, alongside competitive research, platforms and tools, mobile trading, customer service, and trading fees.

Compare Costs & Features Between Brokers

• Compare costs between brokers – Once you find a few brokers that offer the features you desire, it’s important to compare trading fees. Trading fees are what you pay to a broker to buy and sell securities.

Sign Up for a Free Virtual Demo Account

This account will allow you to practice your new trading skills in a risk free environment. Most of brokers offer Free Demo Reloadable Account from $10,000 – $ 100,000.

Upgrade your Free Demo Account to a Live Account

• Upgrade your Free Demo Account to a Live Account – Once you have done your practice and have honed your trading skills with the free account, convert it to a real account so you can start funding the account. 

Fund the account

• Fund the account – This is the last step to opening a brokerage account. Once your online application is approved, your online broker will prompt you to enter your bank information to an initial deposit. After depositing funds, which takes typically two business days to clear, you will officially be ready to start researching securities and placing trades!

Congratulations! You can Start Real Trading now!…

 

WARNING: Investing in Stocks offer both High Risks & High Rewards. You should consider whether you can afford to take the high risk of losing your money.

COPY TRADING

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 * Only Risk Capital you're prepared to lose!

INVESTORS SHOPPING LIST [Amid Pandemic Crisis 2020]

40 Cheap Stocks to Buy Today
40 Cheap Stocks to Buy Today

40 Cheap Stocks to Buy TodayStocks Shopping List40 Stocks to Buy Today at a Bargain.More Popular Stocks | Apple | Tesla | Google | Facebook | Microsoft | Amazon | Alibaba | Walmart | Netflix  | Disney |  Starbucks | Mc Donalds | Paypal  | Visa  |  More..| 1,000+...

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FINANCIAL MARKET TRADING

Stocks Trading

By trading stocks, you are provided with the opportunity to benefit not only from businesses that are doing well but also from failing businesses, as you can trade both with the stock and against it. There’s no better time to invest than now in the wake of crisis.

Options Trading

Options are a flexible investment tool that can help you take advantage of any market condition. Options Trading involves buying and selling options contracts on the public exchanges and, broadly speaking, it's very similar to stock trading.

Forex Trading

The Forex Market is by far the biggest and most popular financial market in the world. It is traded globally  with an  average trading volume of about $5.1 Trillion per day in 2019 . Forex trading has been in existence for many years.

Crypto Trading

This type of trading involves exchanging one cryptocurrency for another, buying and selling coins, and exchanging fiat money into crypto. It bears some similarities to foreign exchange (forex), where fiat currencies from across the globe are traded 24 hours a day.

FINANCIAL MARKET EDUCATION

Options Trading
Options Trading

OPTIONS TRADING involves buying and selling options contracts on the public exchanges and, broadly speaking, it’s very similar to stock trading. Options are financial derivatives, so they receive their value from an underlying asset or security. Traditional options…

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Forex Trading
Forex Trading

[Education] Forex TradingThe foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of...

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What is Bitcoin?
What is Bitcoin?

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain…

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RECENTLY ADDED ARTICLES

Options Trading
Options Trading

OPTIONS TRADING involves buying and selling options contracts on the public exchanges and, broadly speaking, it’s very similar to stock trading. Options are financial derivatives, so they receive their value from an underlying asset or security. Traditional options…

read more
Forex Trading
Forex Trading

[Education] Forex TradingThe foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of...

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What is Bitcoin?
What is Bitcoin?

Bitcoin is a cryptocurrency. It is a decentralized digital currency without a central bank or single administrator that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries. Transactions are verified by network nodes through cryptography and recorded in a public distributed ledger called a blockchain…

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What is Options Trading? How does it Work?
What is Options Trading? How does it Work?

Options trading allows you to buy or sell stocks, ETFs etc. at a specific price within a specific date. This type of trading also gives buyers the flexibility to not buy the security at the specified price or date. Options can help you make relatively larger profits if the price of the security goes up.

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Risk Warning

Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors who are ready to take risks to make high profits. However, it carries a potentially high level of risk of loss at the same time. You should never invest money that you cannot afford to lose. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation. Your due diligence and education on Trading & Investments is therefore highly recommended.

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