How To Open A Brokerage Account
- What is a brokerage account?
- Types of brokerage accounts
- How does a brokerage account work?
- Where can you get a brokerage account?
- What type of brokerage account should you choose?
- Conveniences and services to consider
- Step by step guide to opening a brokerage account
- The bottom line
What is a brokerage account?
Types of brokerage accounts
1. Taxable investment accounts
2. Retirement accounts
3. Cash account
4. Margin account
How does a brokerage account work?
Where can you get a brokerage account?
What type of brokerage account should you choose?
Conveniences and services to consider
Resources and research
Fees and commissions
Step by step guide to opening a brokerage account
Step 1: Choose the brokerage
Step 2: Sign up for the account
- Personal information including the home address and phone number
- Social Security Number
- Name and address of the employer
- Personal net worth
- Your annual income
Step 3: Fund the account and start trading
The bottom line
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