Lets say you have chosen to invest in stocks on the internet or something well where would you go to set up...

Question

an account and buy/sell shares?

Answer 1

I recommend an online brokerage firm that has good beginner qualitys {like tutorials or an easy to understand set up}, i use zecco, better then schwab, etrade, etc. they are the only ones with free stock trades, no minumums..all the others will charge you fees for trading, but compare and see for yourself. Good luck and happy investing!

http://friends.zecco.com/r/a7a2877caab81...

Answer 2

E*Trade

Scott Trade

TD Ameritrade.

All let you trade online.  Open an account, fund it and start trading.

Answer 3

If you wish to invest in stocks through the internet, you will have to open an account with an online broker.  There are many of them out there.  I currently use Firstrade ( http://www.firstrade.com ) and I am very happy with them.  They are cheaper than big name brokers like Etrade, Scottrade, Ameritrade, and Schwab.  They aren't the cheapest, but you don't have to sacrifice anything for the low commission rates.

On the other hand, Zecco and SogoTrade may be cheap, but they aren't the best deal because you are getting what you pay for.  Just look at SmartMoney's 2008 rankings (http://www.smartmoney.com/brokers/index....  Zecco was rated worst in two categories: research and customer service.  Sogotrade tied with Zecco in last place for research.  Therefore, I would suggest that you check out Firstrade instead.

Answer 4

If you are new to this do your research. Optionsxpress.com has a great virtual trading platform so you can practice before you try with your own money.

I have found interactivebrokers.com to be the cheapest though.

Good Luck!

Answer 5

You cannot trade or invest in stocks unless you open an account with a stock broker. Since investing in stocks has been much facilitated by the advent of computers and internet, you can easily register your account online with any stock brokerage firm. Before you open an account, you must find out the minimum amount you have to deposit with your broker irrespective of the type of account you opt for from the website of your brokerage firm. Each broker has his own minimum account limit, which may range from $500 to $10,000.

The guiding principle before accepting the minimum amount deposit should be your budget and also the facilities and services that the brokerage offers for a particular level of minimum amount deposit. A comparison-shopping in this respect would prove highly beneficial in long term trading. While it may be true that the less minimum deposit you pay, the less you get in form of services as well, there are some brokerage firms that deliver much more value than the minimum deposit they demand.

A good brokerage firm may demand a minimum deposit for example $ 2,500 but may deliver much more value in terms of lower commissions, as low as $1.50 to $ 3.00 per equity trade, free dividend reinvestment plans and a large number of free trades spread over a long time. They may not even charge you any thing if your account becomes inactive for some time. If you are beginner in stock investing, these benefits can prove to be of immense value in form of risk free investments and savings.

The next step is to choose an account. You can choose an:

1.Individual Account

2.Joint Account

1.Individual Account

As the name suggests, an individual account is an investment account that is opened for one person. You must have reached the age of majority, i.e., you should be 18 years old or above in your state of residence. The age of majority entitles you to full legal rights as an adult. Besides, you must also be a US citizen or a resident alien with a valid social security number. A resident alien is a person who is a non-US citizen but legally resides in the US and also pays the taxes.

2. Joint Account

A joint account is an investment account that is opened for two or more people with the proviso that both people who open accounts should have reached the age of majority in their state of residence. Joint account can either be set up as Joint Tenants with Rights of Survivorship-JTWROS- --or as Joint Tenants in Common-JTIC.

Opening both kinds of accounts is an easy process. It takes about five minutes to open an account on line. All you need to do is to select the account type you want to open and fill in your personal information.

You also have to read and confirm the subscriber agreements, which include the 'account agreement', 'customer acknowledgment of risk' and 'day trading risk disclosure statement'.

Besides these you are also required to comply with the exchange rules. So you have to read, understand and comply with both the New York Stock Exchange and the New York Stock Exchange data subscriber agreements. You should read the agreement as you scroll it down to the bottom. Read both the sections of the agreement and check both the boxes before you move on.

The next step is to choose your user ID and password. You also have to provide your email id for correspondence. You also need to select one of the four secret questions and provide answer to them. This information is needed to assist you to get your password in case you forget about it.

You have also to provide your personal information including your name, date of birth, residential address, marital status, employment, number of dependents, phone numbers, mother's maiden name, social security number and country of citizenship. You have also to provide your financial information including your employer's name, annual income, net worth and liquid net worth.

The answer to these and a few other simple questions completes the account opening process and you are ready to start investing in stocks and shares immediately thereafter.

The tutorial below will also be useful for you.

http://ezinearticles.com/?How-To-Invest-...



I use SogoTrade.

They offer cheap stock trading at $1.50 - $3.00.

Some of the features this brokerage offers:

1. $1.50 - $3.00 Online Equity Trades

2. Fast Order Execution

3. Excellent Customer Service

4. Scheduled Investments and Fractional Shares

5. 3 Great Trading Platforms: SogoTrade, SogoElite, Laser

6. Enhanced Online Security and SIPC Protection

7. Powerful Trading Technology

8. No Account Inactivity or Account Maintenance Fees

9. Free Dividend Reinvestments Service

10. Complementary Stock News and Stock Charts

Do some research and you will find the best broker.

Answer 6

All major brokerage firms provide their clients with on-line services, including trading platforms, latest market & financial news and research.

Customer need to select the site that is best for them.  Traders have requirements in a site, while investors have other requirements.  

Although most sites are geared to general securities and commodities, however customers may have special needs for the types of products they trade, and the markets in which they trade.

It seems that the most popular firms for on-line investing all of which provide excellent platforms and services are; Scottrade; Chas.Schwab; TDAmeritrade; Fidelity; E-Trade and Thinkorswim

Answer 7

Your question isn't clear.