How to Begin Online Stock Trading
The number of investors that have been drawn to online stock trading in recent years has risen significantly, and investors that rely on full service brokers have been on the decline. Online stock trading provides self-directed investors the ability to trade stocks for just a fraction of the cost of a traditional full-service broker and most platforms are easy enough to use. The combination has made online trading very popular among investors. Setting Up Online Trading Accounts In order to trade stocks online , investors need to open up an account with one of the many online discount brokers. There are a number of good ones to choose from and most firms charge somewhere in the range of $4 to $20 in commissions to execute a trade. To open an account, some basic information must be provided and the account holder must sign several documents accepting responsibility for the activities conducted in the account. To open an account, the holder must be at least 18 years of age and have th