Easily buy or sell securities during market hours.
Most modern brokerages provide web and mobile access.
Access to charts, market analysis, and financial news.
A brokerage account is a type of financial account that allows an individual or institution to buy and sell various types of investment securities, such as stocks, bonds, mutual funds, exchange-traded funds (ETFs), and more. These accounts are opened with licensed brokerage firms, which act as intermediaries between the investor and the investment markets.
A brokerage account is a platform through which investors place buy or sell orders for investment assets. When you open a brokerage account, you're effectively giving a broker permission to carry out investment transactions on your behalf. The account can hold cash as well as investments.
You open an account with a brokerage firm.
You deposit funds into the account (via bank transfer, wire, check, etc.).
You use the funds to purchase various investments.
The brokerage acts as a custodian, holding the assets in your account.
You can monitor, manage, buy, and sell investments as desired.
