How do you open a brokerage account?
Trying to learning something new about investing. I don't know that much about the process so feel free to be as deatiled as possible. Thanks
Trying to learning something new about investing. I don't know that much about the process so feel free to be as deatiled as possible. Thanks
Anonymous
Favorite Answer
If you haven't already read an introductory book to the stock market then I would recommend "Dummies Guide" or "Idiots Guide" to stock market investing. They will cover things about brokerages and brokerage accounts--it's really the closest thing you will find to a step-by-step tutorial on how to get started.
Snowdog
Call a brokerage firm and talk to them. They can guide you through the process. You will fill out forms and you will make a deposit to your new account. If you are putting in a lot of money (over 25K) they may offer you some sort of incentive.
I use Ameritrade. I don't like e-trade, and i am not familiar with other ones. Find out what tools they offer for analyzing your potential investments.
Ike
Tdameritrade.com, thinkorswim.com, sogotrade.com these are some of the brokers I will recommend. You don't need to call them you can simply apply online it's fast takes less than 20min.