With the push and pull of restrictions and the growing interest in the financial world among the common man, more and more people are dedicating themselves to online trading. However, as with all human knowledge, without proper training, one risks inevitable pitfalls.
For this reason, turn to sources of proven validity such as the expert website of finance and online trading Insider24 it is a necessary step to increase one's skills.
So, with the help of these sources, let's discover how to get started with online trading and what are the main assets you can invest in today in 2021.
Finding an online broker
The first step, mandatory when you want to invest online, is to find an online broker.
Today, there are countless financial brokerage groups operating in the online trading sector, so screening them out is essential. To do this, the first thing to do is distinguish between regulated online brokers and those without any type of regulation.
This is a mandatory step and is linked to the regulations and licenses required by national and international regulatory bodies. Without the latter, a broker will not be able to guarantee us seriousness and security during the investment phase. In other words: traders are not protected by unregulated brokers.
Among the main regulatory bodies we can mention names of the calibre of:
- ACI
- AMF
- ASIC
- BaFin
- CONSOB
- CySEC
- FSA
- ESMA
A broker is therefore an intermediary figure who stands between us and the financial markets, providing us with all the tools to trade in a completely autonomous manner. In the case of online investments, the brokerage service will provide us with a trading account and a platform for online trading where it will be possible to invest your capital in different financial markets and assets.
How to open a trading account
Opening an online trading account with a broker is not difficult and will take very little time and you will only need to follow a fairly standard procedure that takes a few minutes and provide personal data such as name and surname, residential address, email address and a valid payment method.
Once this is done, you will need to be verified in order to carry out most of the activities available on the trading platform provided (including withdrawal). account verification specifically provides for the provision of:
- A proof of identity consisting of a valid photographic document, such as a passport or identity card;
- A proof of residence consisting of a document bearing the interested party's address, such as a gas bill or a letter from their bank.
This verification can usually take anywhere from a few hours to a few days, depending on the broker and the type of documents provided.
Assets to invest in
Once we have obtained a trader account and have access to an online trading platform, we will have at our disposal a whole series of assets and financial markets in which to invest that were otherwise inaccessible in the past if not through complicated financial-bureaucratic processes. Not only that: we will have access to these assets practically anywhere and at any time thanks to the possibility provided to us by the devices smart and internet.
Among the main assets accessible through a trading platform we would like to mention:
- Actions
- FX Couples
- ETF
- Criptovalute
- indices
Each type of asset brings with it a series of pros and cons, and all have a risk component that should not be underestimated. As always, our advice is to be extremely careful before embarking on an online investment and to absolutely avoid investing more than you are willing to lose.
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