Opening a Brokerage Account
Before you can begin trading stocks, you must open an account with your broker. Depending on what type of broker you choose, opening an account can range from a very personal to very impersonal process. There are several different types of accounts that most brokers offer in addition to the level of service you receive from the different types of brokers. First, I go over how the two basic types of brokers set up accounts and then I describe the different types of accounts.