This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
The thought of trading shares on any of the world’s stock exchanges can be intimidating, but the reality is that things don’t work like that any more. Nowadays electronic trading dominates so that it’s never been more straightforward for ordinary people to become extraordinary traders.
First, head online
Those who wish to trade can find a wealth of free information on the Internet, enabling them to build a suitable portfolio. Indeed, accessibility and low costs have cemented the Internet as
the domain of the home trader. With over 100 trading websites and brokers available, each with varying degrees of cost and market access, the Internet is your portal to find success within the stockmarket.
Then pick the right provider
Should you choose to trade online – trade smart. Firstly, do your research before you sign up to anything. Each site will offer different charges, commissions, features, market access, and trading platforms. Don’t know what to go for? All good brokers should offer a free demo account so you can try it out first. A demo account is the perfect learning tool in terms of the technicalities of trading. It will provide you with a set amount of “fantasy” money to trade with so you can really get to grips with what trading entails – risk free. A broker that also provides research is essential for the beginner too. Being able to learn what moves markets by having the important drivers filtered out for you is invaluable and will help you to react instinctively to such drivers in future.
The buying and selling process
Buying and selling shares is far from a complicated procedure. Through your chosen platform you can search for the company you wish to
buy or sell shares in. In most cases you will locate a company through a three or four letter code (i.e, Apple = APPL, Tesco = TSCO, Tullow Oil = TLW). After locating your stock of choice, you can input how many shares you wish to buy or sell and then you’ll be quoted a price for the transaction. This quote will have a time cap of 15 seconds, should you not execute the trade in that time, a new quote will be generated.
Accendo Markets can help
Here at Accendo Markets we understand that the stockmarket can be a daunting arena, while there is little good information about how to get started properly. Help is on hand through our intuitive and interactive trading tools that are designed to aid both novice and experienced traders. Buying and selling shares needn’t be difficult. Take advantage of our demo account, research, analytics, and trading platform tools and you will find out how to become a trader through Accendo Markets.
Syed Rabbani (all views expressed above are my own)
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research
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