How to Buy Stocks Online for Free

How to Buy Stocks Online for Free
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How to Buy Stocks Online for Free. It's very easy to lose all your money on the stock market. But what you shouldn't be losing money on is fees for buying the stocks online. With a few short steps, you'll learn how to invest your money online for free so you have more of it to gain (or lose).

Step 1

Find a site to buy stocks for free. These sites include Zecco and Ameritrade. It is your best bet to go with a company that you may have heard of before or that has been recommended by a friend. This is still the Internet, and scammers are everywhere.

Step 2

Browse through sites until you find one you are comfortable with. Remember, this is your money. You should be absolutely confident in where you are putting it or else you are just throwing it away. One of the glorious similarities between the Internet and the stock market is that there are hundreds of options available to the consumer. Take advantage of this fact.

Step 3

Apply for membership into these websites. Just because the trading is free doesn't mean it's free of attachments. These sites are going to want to send you updates, offers and perhaps advertisements.

Step 4

Set up a way to both make and receive payments. This usually involves the relinquishing of some heavy-duty information, such as your social security and bank numbers. Don't do it if you are not comfortable with it.

Step 5

Start trading. If you're new to the stock market, it's recommended you make small investments into reliable companies. If you're a veteran or somewhat of a gambler, go ahead and take risks by investing in up-and-comers. Remember, some people invested in crazy things like oil and technology at one point in time.