КЛК 'Владминес'
29 Март 2024, 00:54:54 *
Добро пожаловать, Гость. Пожалуйста, войдите или зарегистрируйтесь.
Войти
Лучшие фелинологические организации!
Добавье свою организацию! пока бесплатно!!!
Новости: Прглашаем всех в фотогалерею на нашем форуме
 
   Начало   Помощь Поиск Календарь Галерея  
Страниц: [1]
  Печать  
Автор Тема: How to Open a Trading Account  (Прочитано 1838 раз)
0 Пользователей и 1 Гость смотрят эту тему.
upamfva
Ветеран
********

Кошачьих сил: 134
upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!upamfva is awe-inspiring!
Offline Offline

Сообщений: 2289

Благодарности
-Выражено: 0
-Получено: 0


Просмотр профиля Email
« : 19 Сентябрь 2022, 06:16:47 »

How to Open a Trading Account



Securities trading can be a financially and mentally rewarding experience, but only if you have the time and tools to properly research each trade. To make these trades, you'll have to work with a licensed stockbroker, either online or in person. Compared to personal brokers, online trading accounts offer smaller fees and more immediacy, making them better for traders looking for more independence. However, keep in mind that online accounts also come without professional guidance, making them a good place for beginners to lose money. Which of the online brokerages you choose will depend on your specific needs and goals.To get more news about trading account, you can visit wikifx.com official website.
Make sure you have enough risk capital to invest. Risk capital is money you are free to invest. This money isn't used in paying your living expenses, repaying your debts, or held in your retirement account. In other words, this is money you could stand to lose (but obviously don't want to). In addition to your retirement account, most financial professionals advise that you keep about six month's worth of wages in savings. This is a good financial cushion to cover unforeseeable life events, like losing your job or becoming ill.[1] Any money left over after this is your risk capital.
Contribute to your 401(k) first. In addition to your emergency savings, you'll want to contribute to your 401(k) before committing money to risk capital. This is particularly true if your employer fully or partially matches your contributions. Max out the matched contributions to your retirement account each month before putting extra money into your trading account.[2]
Consider offline options. Before signing up for online trading, think about your goals and experience with trading. Would you rather have a professional handle your money? Are you more willing to trust someone you can meet in person? Offline brokers can offer you services and expertise that online broker cannot, so take these options into consideration before committing. Outside of online brokerages, you have two major options: money managers and full-service brokers.
Determine your investment style. If you're still planning to invest online, you'll need to determine what type of trades you'll be making. If you'll be doing more day trading, you'll need a platform that is responsive and has low per-trade fees. Alternately, if you plan to make long-term investments, you can afford a platform with higher trading fees that offers more services. Your decisions here will inform your choice of brokerage.
Locate several brokers. Select trading platforms that are reliable and well regarded. You'll want to be satisfied that the brokers are knowledgeable and responsive to your needs. Well-known platforms will be the most reliable. However, if you choose to go with a more obscure brokerage, make sure the platform is registered with the Securities and Exchange Commission (SEC) before committing your money.
Make sure you meet minimum balance requirements. The first requirement you'll have to check is whether or not you meet the broker's minimum account balance. This is the smallest amount that you can deposit to start an account. For some of these brokerages, if you lose money and your account balance drops below this amount, you will still be charged additional fees for having too low a balance. Total up your risk capital and compare this to the required minimum balance at each brokerage.
Look at their fee structures. Online brokers vary widely in fees charged. Some charge monthly or annual service fees, some have high per-trade fees for securities, and some charge more or less on mutual fund purchases, among many other types and amounts of fees. Any broker will have this information readily available to potential account holders. Visit their website and jot down their different fees and how they might apply to you.
Determine the extent of services you need. Many larger, and more expensive, online brokers have advanced research and analytical tools for your use. If you plan to make quick, daily trades based on market information and analytics, you may get your money's worth out of these tools. However, if you plan to be a more passive investor, you may want to look for a more basic service that charges you lower fees.[9]
Select the broker that best meets your needs. Narrow down your broker list first by choosing only those with low enough minimum balances. Next, look at the services offered and choose those which offer the services you need. Finally, look at the fee structures and determine which one will be cheapest for you to use. Select that broker.
Register with your chosen broker. Go to "create a new account" or "register." This will likely be in a prominent position on the broker's main webpage. You'll likely have to enter your email address and create a username to get started.
Provide documentation. During the application process, you will be asked to prove your identity and provide financial information. You may also be required to scan or fax in certain documents. For most brokers, you will need the following information and documents:
Deposit money with the broker in order to start trading. Compile your risk capital into one account and deposit this money into your trading account. Many brokers offer electronic fund transfers for your first deposit, while other may require that you mail in an actual check.[11]
Записан
Страниц: [1]
  Печать  
 
Перейти в:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006, Simple Machines LLC Valid XHTML 1.0! Valid CSS!