Yes, actually brokerage houses offer clients a number of different accounts. The most common ones are a cash account, a margin account (cash and margin account), and an option account (cash, margin, and option account). Basically, these accounts represent different levels of credit and trustworthiness of the account holder as evaluated by the brokerage house.
no you cannot pay in cash to open an brokerage account.
It is possible to open a brokerage account online through one of the online banking institutions. The Bank of America offers an online brokerage account.
If you have a brokerage account but you don't know much about investing then a stock broker may be what you need. There are many brokerage firms that can help you with where to invest your money.
IRA brokerage account don't have trustee. They do have a custodial which would be the brokerage at which the IRA is held at.
You own the stock in your account - it is held on your behalf by your brokerage firm
Yes, all assets of the deceased account towards their estate.
The companies of brokerage that ad account freezes are The Cedar Falls, PFGBest and MF Global. Other companies that had the same fate were CFTC and MT4 Forex.
"You can buy any type of ETF through a stock broker. Open up a brokerage account at your favorite brokerage, deposit money in the account, and buy the eft."
A " Margin Account" is a type brokerage account in which the broker-dealer lends the investor cash, using the account as collateral, to purchase
It is best that you have an online brokerage account to help you when purchasing stocks. It is known to be less expensive to find one online as well and you knwo your money is secure.
You open an IRA account at a brokerage firm. Nearly all brokers buy and sell Treasury securities of all types, but check with the brokerage firm before opening the account.
In order to open a brokerage account in your own name you must show proof that you are of legal age, usually 18 years old or in some states 21 years old.