Brokerage account is an account provided to investor by a brokerage company or an investment bank. Brokerage account has changed during computerization and now almost all brokerage accounts have electronic interface and are reachable by internet. Most of such brokerage accounts lets for investors use a handful trading platform, some of the intermediaries may take a fee for that.
Normally, investor that has opened a brokerage account can invest as fast as puts some money in the account. Depending on the broker, brokerage account should make availability to invest in many markets and different investments. In these days, most of the times clients can chose how they want to give the orders to the broker: online, by phone, by e-mail, fax or other. However, online investing is getting higher and higher market share in brokerage.
Find out how to choose the best broker for brokerage account.
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