Have you decided to open your own brokerage account? Learn about the main points that need to be considered in this very important and responsible issue. This way you can avoid financial problems.
It is necessary
- - broker;
- - brokerage account;
- - financial securities of the broker.
Instructions
Step 1
Analyze the brokers you are interested in in order to choose the only one to whom you can entrust your finances. Agree with your chosen representative to open your account. This can be done via the Internet or by phone.
Step 2
Fill out the questionnaire sent to you by the broker (usually they come immediately by e-mail) and send it back. As a rule, no one has any problems with filling in the data. If you wish to open a margin account, then you may encounter some difficulties, since in this case some additional information may be required from you.
Step 3
Take the test to understand basic investment questions. It will also come to you by mail, but after the broker reads your data and decides on further cooperation. To take the test, use reference books or visit thematic sites. Send the test to the broker and expect a positive response from him. If it did not follow, or you received a refusal, do not be discouraged, find out the reason for your failure and find a new broker, because today there is a great choice.
Step 4
Read the received notification about the broker's consent to open an account. Follow his further instructions and get your future details.
