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Prime BrokerLast update: Friday 21st of November 2008
You know a stockbroker is informed in their job and that they know all the regulations and laws in the securities industry. You are probably how much these brokers are actually worth-and, more importantly, how much you will need to pay for their services. Minimum deposits to open an account with a broker can start from $500 to $2000, but don't panic if you don't have that kind of money, as many online trading brokers don't actually require a minimum deposit at all. Instead, they will charge a monthly fee-and that fee can be as low as five dollars. Of course, we could always use the Internet to trade, which in recent years has provided an enormous amount of help for individual investors, who want to keep track of a portfolio. But the basic rule will still apply: You need some kind of online trading broker so that you can trade stocks. Online trading brokers get by in the world by knowing information that other people don't. When
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