Page 1
Page 1
Started By
Message

Starting a Corp. Brokerage Acct Tips

Posted on 5/7/24 at 10:33 am
Posted by HagaDaga
Member since Oct 2020
161 posts
Posted on 5/7/24 at 10:33 am
I hope all are having a nice Tuesday.

I have an LLC for IC work that I do, so I was talking with my CPA about how best to do some basic trading. He said to open a Corp. Brokerage Acct, so I'm wondering if anyone on here could give me some tips on how to get started and things to avoid.

I have a personal Fidelity Acct, that I dabble in some more long term investments, but I'm looking to do more day/swing trading. Basically I'm looking for more of a hobby. I have friends that do Fanduels, etc to make games more interesting, but I'm not that much into sports. I do have a very amateur enjoyment of economics and the market, so I guess this is an option. Not looking to make a living out of it, but something to keep my mind churning daily I guess. Not looking to put to much into it, but maybe $3-5k to open the acct, and do small trades to start to enjoy it.

Anyway, I was wondering the process for creating this kind of acct, and what all is needed from my end other than my TAX ID#. Is Fidelity (Active TraderPro?) the right way to go or are there other options that would be better? Would be cool if there was a good APP to move pretty fast with.

Lastly, any operational/process dos and don'ts from any of you that have a trading businesses that you would tell your younger selves?

Thanks!
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram