Does a person have to have an account with a broker to conduct stock trades?
I’m really new to stocks and I would like to know if I NEED to have a broker. No i don’t have $1,000 for a minimum. I just want to get a feel of how to conduct stocks without having to have all this money on hand. I just want to start off with Penny Stocks to get a better feel of it all.
the regulated stock exchange allow trade through registered member brokers only.
you need registered through member broker for trading and demat (stocks in electronic form)accounts.
instead purchasing 100 shares of penny stock,purchasing minimum say 1 share of blue chip stock is better option.
for more information contact to broker at your place and know how to conduct stock trading in minimum fund profitably to feel good and do some for good.
Teen Stock Wizard #1: Getting Started