Im looking to invest but Im not sure what option I should choose?

Question

I'm online trying to sign up for an account to invest with an online broker and there are 4 choices to select from.

1. Cash

2. Cash & Margins

3. Cash & Option

4. Cash & Option & Margin

I'm not sure which to pick, I'm thing cash, but not sure.

Basically I just want to buy (trade) stocks and sell them. but I guess that's what all the options allow you to do. I'm not gonna be a day trader trading alot of shares everyday but I guess just a "regular user".

Answer 1

GO GET A BOOK IF YOU DO NOT KNOW WHAT THIS STUFF MEANS YOU ARE GOING TO LOSE A LOT OF MONEY QUICKLY. A REGULAR USER DOES NOT MAKE MONEY YOU HAVE TO RESEARCH AND CHECK YOU TRADING MODES AND MEATHODS. GOOD LUCK

Answer 2

Cash--until you understand what the other possible accounts mean. A cash account is the least risky and requires the least knowledge. It is the most basic type of account.

A margin account allows you control, in the US,  two dollars of stock for every dollar in your account. In order to get a margin account you may have to read certain documents that you understand the risk involved. You will pay interest charges on the borrowed portion of the stock, and your stock can be loaned to others for shorting purposes although the stock will still be listed in your account. A broker might want you to have some experience as an investor before allowing you to have a margin account.

Options are a rich field and you must spend time understanding them.