Go offline with the Player FM app!
90. How To Open A Brokerage Account
Manage episode 484311606 series 3478584
Choosing the best brokerage firm for your investing needs might seem overwhelming, but we're here to help! Most brokerage firms now offer $0 account minimums and commission-free trades. That’s the standard, not the standout.
These brokerage firms really compete in their tools, features, and support. That’s where your needs come into play.
Your life will change. Maybe you’ll buy a home, get divorced, get married, start a business, have a baby, switch careers, or start planning for a big goal like retirement or a dream vacation. Your brokerage should grow with you.
To find the right brokerage firm, ask yourself:
Do I want to learn as I go? Look for platforms with strong educational tools that explain the “why” behind each decision.
Is it easy to use, or just easy to look at? A clean interface is great, but it should also save you time and help you take action.
Do I prefer to manage money on my phone? If mobile is your main device, the app experience really matters.
What kinds of investments do I want access to? Beyond stocks and ETFs, consider if you’ll want funds, bonds, or retirement accounts like a Roth IRA.
How much research do I need to feel confident? If you like digging into details, look for screeners, data, and expert insights.
How much money am I starting with? If it’s a smaller amount, fractional investing will help you buy into big-name stocks without needing big money.
How involved do I want to be? If you’re short on time, you might prefer a platform that offers automated investing or robo-advisors.
This is your journey. The right platform should meet you where you are, and support where you’re headed next.
Read the best brokerage guides I’ve already put together: 👇
Best brokerage firm for beginners guide: https://www.stockbrokers.com/guides/beginner-investors
Best brokerage app guide: https://www.stockbrokers.com/guides/mobile-trading
Episodes mentioned:
16. Dark Pools, PFOF, and Market Makers
9. How to choose a brokerage firm
8. How to write an investment thesis and use a stock screener
12. How to invest (Building Your “Dream Home”)
56. How to construct an investment portfolio
🌟 Send a question, leave a review, subscribe, follow & share!
Market MakeHer website
Subscribe to our Newsletter
Sponsorship Inquiries: [email protected]
Instagram @marketmakeherpodcast
TikTok @marketmakeher
👀 Watch us in action on our YouTube Channel 👀
✨ Follow Jess Inskip on TikTok and Instagram ✨
✨ Follow Jessie DeNuit on TikTok and Instagram ✨
**Beware of imposters! We will never message you and ask you for money directly.**
About Us 🌚🌞
Market MakeHer is an investing education podcast taught teacher-learner style by a 15-year finance expert, Jessica Inskip, to her very inquisitive beginner investor friend, Jessie DeNuit. We want to help you get better with your “finance-sis” (get it? No finance bros here). Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We believe that investing is for everyone and that's why we break down complex investing topics - from "Her" perspective. You’ll also learn about free tools and resources on our podcast and we offer a ton of free educational content on our website so you can become fin-fluent.
Important Disclosures:
Market MakeHer podcast provides financial literacy education. Tools and resources mentioned are for informational and educational purposes only. Remember, investing involves risk, and there's always a potential for losses when investing in securities. Market MakeHer LLC provides educational content and resources, but we are not registered financial advisors and do not provide personalized investment advice. Consult with a licensed financial advisor before making any investment decisions.
92 episodes
Manage episode 484311606 series 3478584
Choosing the best brokerage firm for your investing needs might seem overwhelming, but we're here to help! Most brokerage firms now offer $0 account minimums and commission-free trades. That’s the standard, not the standout.
These brokerage firms really compete in their tools, features, and support. That’s where your needs come into play.
Your life will change. Maybe you’ll buy a home, get divorced, get married, start a business, have a baby, switch careers, or start planning for a big goal like retirement or a dream vacation. Your brokerage should grow with you.
To find the right brokerage firm, ask yourself:
Do I want to learn as I go? Look for platforms with strong educational tools that explain the “why” behind each decision.
Is it easy to use, or just easy to look at? A clean interface is great, but it should also save you time and help you take action.
Do I prefer to manage money on my phone? If mobile is your main device, the app experience really matters.
What kinds of investments do I want access to? Beyond stocks and ETFs, consider if you’ll want funds, bonds, or retirement accounts like a Roth IRA.
How much research do I need to feel confident? If you like digging into details, look for screeners, data, and expert insights.
How much money am I starting with? If it’s a smaller amount, fractional investing will help you buy into big-name stocks without needing big money.
How involved do I want to be? If you’re short on time, you might prefer a platform that offers automated investing or robo-advisors.
This is your journey. The right platform should meet you where you are, and support where you’re headed next.
Read the best brokerage guides I’ve already put together: 👇
Best brokerage firm for beginners guide: https://www.stockbrokers.com/guides/beginner-investors
Best brokerage app guide: https://www.stockbrokers.com/guides/mobile-trading
Episodes mentioned:
16. Dark Pools, PFOF, and Market Makers
9. How to choose a brokerage firm
8. How to write an investment thesis and use a stock screener
12. How to invest (Building Your “Dream Home”)
56. How to construct an investment portfolio
🌟 Send a question, leave a review, subscribe, follow & share!
Market MakeHer website
Subscribe to our Newsletter
Sponsorship Inquiries: [email protected]
Instagram @marketmakeherpodcast
TikTok @marketmakeher
👀 Watch us in action on our YouTube Channel 👀
✨ Follow Jess Inskip on TikTok and Instagram ✨
✨ Follow Jessie DeNuit on TikTok and Instagram ✨
**Beware of imposters! We will never message you and ask you for money directly.**
About Us 🌚🌞
Market MakeHer is an investing education podcast taught teacher-learner style by a 15-year finance expert, Jessica Inskip, to her very inquisitive beginner investor friend, Jessie DeNuit. We want to help you get better with your “finance-sis” (get it? No finance bros here). Our mission is to demystify the stock market and make financial literacy accessible to all self-directed investors! We believe that investing is for everyone and that's why we break down complex investing topics - from "Her" perspective. You’ll also learn about free tools and resources on our podcast and we offer a ton of free educational content on our website so you can become fin-fluent.
Important Disclosures:
Market MakeHer podcast provides financial literacy education. Tools and resources mentioned are for informational and educational purposes only. Remember, investing involves risk, and there's always a potential for losses when investing in securities. Market MakeHer LLC provides educational content and resources, but we are not registered financial advisors and do not provide personalized investment advice. Consult with a licensed financial advisor before making any investment decisions.
92 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.