Posts Tagged ‘trading account’
What is the difference between a margin and cash account for stock trading?
I’m using E-Trade and I am confused about the differences between a margin account and a cash account for stock trading online. Can anyone tell me what is the difference (in general or specific) between a cash trading account and a margin trading account?
What is the difference between a trading account at a brokerage firm and an online trading account?
Is there any difference between opening a trading account at a brokerage firm and opening an online trading account? What are the differences? I am new at stock investing but would like to start. I want to make sure that I am doing the right thing and opening the right accounts. Many people I know have accounts at brokerage firms and some of them are not so happy with that. Some people have made a lot of money with online trading accounts but they say there is a learning curve. Can someone advise?