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Apparently, the purpose is to keep your investments separate from the bank's regular investment portfolio.

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11y ago

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What the purpose of trading account?

Apparently, the purpose is to keep your investments separate from the bank's regular investment portfolio.


Purpose of profit and lost account?

The purpose of the profit and loss account is to give you an idea about whether a company has made a profit or loss more than a financial year. An income and loss account begins with the trading account and then takes into account all the other outcome associated with the company.


What is the purpose of Scottrade Elite?

Scottrade Elite is an application considered an advanced trading platform. The program will help organize and optimize trading needs. The service is only available to Scottrade clients with $25,000 or more in their primary account.


Can GE stock be bought online?

Yes. If you have an online trading account, you can Logon to your online trading account and buy it.


What is tarde account?

What Does Trading Account Mean?1. An account similar to a traditional bank account, holding cash and securities, and is administered by an investment dealer.2. An account held at a financial institution and administered by an investment dealer that the account holder uses to employ a trading strategy rather than a buy-and-hold investment strategy.Investopedia explains Trading Account1. Though trading accounts are traditionally thought to hold only stocks, a trading account can hold cash, foreign cash, securities and a number of other types of investments.2. Investors who use a number of trading strategies or have a number of brokerage accounts may separate their accounts in order to avoid confusion. One account may be a registered account for their retirement savings; another account may be a buy-and-hold account for their long-term stocks; another may be a margin account; and another may be a trading account used for conducting day-trading activities.


What is the definition of a trading account?

A trading account is simply an account that allows you to buy or sell securities and/or company stock. It's what you need if you want to start investing on your own.


Is account trading allowed on Dragonfable?

No.


Can minor operate trading account?

You must be 18 to establish a trading account. If you are under 18 you can have an account assigned to your social security number but it must be a custodial account and a custodian will control the account until you are 18 years of age.


When does a trading account show a gross loss?

When there is more direct expenses then revenue earned by company then trading account will show gross loss.


What is the purpose of the FX trading system?

The FX trading system, or foreign exchange system has a very simple purpose that serves exactly what the name implies. The foreign exchange trading system serves the purpose to help when foreign exchanges are necessary.


What is the difference between trading a demo account and trading a live account?

Basically they are the thing but with one huge difference - while trading a LIVE account emotions gets in the way and interfere with the trader's decisions. That's the main reason why a lot of traders who done well trading the demo account can't get the same results with a live account. Greed and fear are usually what make traders lose their mind and eventually their money.


To start on line share trading you need a saving account or a demat account?

trading my lvl 120 account for a account over 70 just send me a email of your password and username and when i see the message i send you my accounts password