If you are looking to open an account at a stock broker you have come to the step-by-step guide how to do this. The process is quite simple and it takes only about a minute to get registered. You can sign up for a trading account for free and once you have done that, you can take a good look around at the features and the services that the broker has to offer.
There are two ways to get started after you open a trading account. Most brokers give you the opportunity to demo trade so if this feature is available, you can test their trading platform and all that they have to offer without risking any investment capital. However, if demo trading is not available, you have to make an initial deposit and get started by following a few steps.
1. Research & Choose The Best Online Broker
Before you get started, you must search for a broker that can meet your financial and individual needs. With different brokers, you will get different assets, features, deposit bonuses, trading tools and instruments and this is the reason you must do your research first about the brokers and pick one that suits your individual requirements the most.
2. Visit the Official Website
After you have made a choice, you can visit their official website and get started with the sign up process. On our website, you will find an “Open Account” tab which you are supposed to click on. This section is usually found on the top of the reviews and on the bottom – it is quite easy to spot.
3. Signing Up
The procedure of creating an account is free and if the broker offers demo trading, then you will not be required to make any deposit until you have tested their trading platform. To complete the sign up process, you will have to enter some personal details like your names, a unique email address and phone number. You will then set a username and a password. Those will be used to log into your trading account.
4. Deposit Procedure
After you have set up your trading account for free, you will have to login and complete the payment details. You can choose a payment method that is convenient to you. Most brokers accept all major credit cards, bank transfer and some Ewallet options such as Skrill and Neteller.
5. Start Trading
So now that your deposit is in place, you can choose the assets you want to invest in and start trading.