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Brokerage is a service provided by a licensed firm that executes buy and sell orders on behalf of clients in the stock market, in return for a commission.
To open a trading account, you typically need:
A valid national ID or passport
Proof of residence
A signed account opening form
Additional documents may be required for corporate or joint accounts
Yes, most brokerage firms offer secure online trading platforms that allow you to monitor the market and place orders from anywhere.
On-exchange (main market): Where listed stocks are traded within the official stock exchange.
Off-exchange (OTC): Includes trades of unlisted stocks or special transfers outside the exchange.
The brokerage commission is a percentage of the trade value (buy or sell). Rates vary by firm, but typically do not exceed 1%, including regulatory fees.
Yes, this is called same-day trading or day trading, and it's available under certain conditions depending on the firm’s policies.