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I want to get into Stocks, I've been looking into online Investing Companies but they ask for min. of $2000
If been interested in trading for some time, stock, bond, currency, etc, but I don't have $2,000,$1,500, or even $1000 to through into it, so is there a company that allows minimum deposits below $1000
8 Answers
- 1 decade agoFavorite Answer
While i am aware of a minimum of $2,000 to open a margin account most brokerage firms should not have a minimum to just open an account...in fact you can open an account with no funds at all. Try Schwab.com for more info.
- AntDULv 51 decade ago
Zeeco - $0 minimum - $0 commisions
Scottrade - $500 minimum - $7 trades.
I never used Zeeco. I want to but I just don't know yet. I currently use scottrade.
- 1 decade ago
At TradeKing.com there is no account minimum and stock trades are completed for just $4.95. However, to open a margin-enabled account you have to deposit at least $2,000. This is a Federal regulation.
- kateLv 71 decade ago
Start a savings account with one of the higher paying on -line ebanks like Citi ,
Then keep adding to the account and when you have enough ,
Transfer the $$$ to Schwab .
The only place for amounts that low is when you make IRA contributions .
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- 1 decade ago
You want to trade currencies and start with less than $1000? It sounds like youre looking to sprint before you learned to crawl. I would start with sharebuilder.com
- Anonymous1 decade ago
I believe Scottrade requires only $500 to begin. I believe TradeKing only the amount you wish to invest.