How Do You Start Online Stock Trading?
So you want to buy a few stocks and don’t want to pay a lot doing it? Good for you! Opening an online stock trading account is easy, requires just a few clicks of the mouse and a few signatures, then you’re ready to go. Pick an online discount broker. There are dozens of online brokers on the web, but finding one that fits your needs can be a challenge. Do your research, find which broker fits your specifics needs as well as possible, and then open your account. Complete the registration process. You will be required to give all of the relevant information, such as your name, social security number, address, and other information the brokerage site will ask you for. Fund your trading account. You can send in a handwritten check, or transfer the money through a wire transfer (with a fee) or a slower ACH transaction (free but takes three or more days). Mail in the required paperwork (and funds) to the address provided by your online broker. It may take up to 7 days to process your accoun