More than 15 million have already opened accounts for trading on the stock exchange, but, as statistics show, two-thirds of them are empty. People are attracted by the opportunity to make money on the securities market, but not everyone understands how to do it. Let’s talk about the process of trading on the stock exchange.
What is a stock exchange?
A stock exchange is an online platform where you can trade securities: stocks, bonds, investment units and more complex instruments, such as options and futures.
The exchange makes sure that all parties fulfill their obligations and transactions pass quickly and reliably. Only papers of trusted companies are allowed to trade – you will not find obvious scammers there. And since there are many sellers and buyers on the exchange, transactions are carried out at a fair market price.
To enter the exchange, you will need a professional intermediary – a broker or trustee. Brokers make trades on your behalf. At the same time, you yourself decide which securities to buy, sell and at what point to do it. The manager makes such decisions without you, but does everything strictly according to the strategy agreed with you in advance. Brokers and managers must have a license from the Bank.