http://www.fastmovingstock.com/buy-penny-stocks-online/ |
Posted: April 6, 2012 |
Main Steps to Buy Penny Stocks Online: Choose a Broker: There are many online stockbrokers that buy and sell small cap stocks. There is an option for an investor that he can choose full service or discount brokers. Visit different broker websites to check their services as well as their fees. After the conduct of proper research, the next step is to open a trading account with a broker. Transfer of Money: The next step is to transfer the amount of money to the stockbrokers account so that investor can purchase stocks from over the exchange counter. Money can be transferred in different ways, which is suitable and easy for the investor, like through checks, wire transfers and Internet banking services. Selection of stocks: There are a variety of websites where plenty of information is provided regarding small cap stock investment. Online stockbrokers also guide on the purchase and sale of small cap stocks. After a suitable research select few stocks that you want to be traded. Online Trading: Select the small cap stocks to be bought. Enter the stock’s trading ticker in the stockbroker’s online trading platform and purchase the selected stock.
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