How to Buy and Sell Shares Online

Buying shares online is typically cheaper than going through a traditional stock broker to buy and sell stocks, and thus you can save some money to purchase more shares.

Learning how to buy and sell shares online is quite easy, see below for more information:

1) The first step to buying shares online is to get registered with an online brokerage company. There are many popular online stockbroking firms that allow you to buy stocks online. You need to do some research and select a reputable online broker for your investing needs.

2) Signing up for an account online is easy. Be sure to check and see if any of these broking companies offer sign-up promotions or incentives for using their program to buy and sell stocks online.

3) Before you purchase a stock online, it is very important to analyze a potential stock. You should look for a stock with high potential reward relative to risk.

4) To buy shares online, you need to enter the order by first entering the stock ticker/symbol along with the number of shares to be purchased on the trading screen. To sell shares, you just enter the stock ticker symbols along with the number of shares you want to sell.

5) You can start investing with a small amount of money. In order to reduce your risk of losing money in the stock market, you should always keep track of your chosen stocks, invest little-by-little over time and diversify your portfolio.

* Next: Advantages and Disadvantages of Online Trading

Author

Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn