Brokerage Account (from the English phrase Brokerage Account) - is a special agreement between the brokerage company, always licensed, and investor.The agreement gives the investor the opportunity to make their money on deposit accounts in the company to place orders to his broker, who, respectively, performs operations on behalf of the entity and the investor.Brokerage Account has available assets owned by the investor.Accordingly, any capital gains are a form of income from which the tax will be charged.
Brokerage account with different companies may not be the speed of execution of orders, the number of tools for the analysis, volumes of traded assets, the extent of the benefits of margin trading (trading with the use of so-called "shoulder").
There are several types of brokerage accounts and various brokerage firms.The investor can choose a broker, and the type of account that best suits their requirements.Currently, many brokers do not only offer a wide range of a variety of services, but also provide advice on investment, training details and subtleties, and other specific services.A very popular service, many online brokers is a special brokerage account in the demonstration, virtual media.For these needs developed special servers where the conditions are different from these terms in real life with a real brokerage account.
However, the main and the most important issues is the question of how to open a brokerage account.It's pretty simple.In the beginning, the investor must decide on the platform on which he was going to open a brokerage account (this may be the stock market, where shares are traded on, and the futures market, where they sell futures and options).Naturally, we should not forget about today's popular forex market.Before you start choosing a broker, which the investor intends to open a brokerage account, it is important to know Comments and opinions about this brokerage firm.You can view the information on the Internet, to consult with friends, colleagues and / or employees.Then carefully study the conditions and billing (this information is usually provided on the official website, however, you can seek advice directly to the employee brokerage firm).The next important step is to determine the amount that the investor is going to invest in starting your own brokerage account.This item is completely individual, but many brokers stipulate a minimum amount to open a brokerage account.Also, the amount can also affect the condition, so it is important to carefully specify and explore all the subtleties.
The procedure of opening a brokerage account simple and fast.It does not take more time and effort than, for example, the discovery of a deposit in a bank or the process of obtaining a loan.It will be made a contract between the investor and the brokerage company, which will specify the conditions of opening a brokerage account.
