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Opening an Online Trading Account - The Requirements

Opening an Online Trading Account - The Requirements It's easy to open a basic online trading account. If you are seeking more complex types of transactions, you'll also run into more complex requirements. Here's what to expect.

Basics

For starters, you must have name, address, phone number, a Social Security number, and a residential address in the United States of America. There are certain brokerages that will ask for a form of photo identification, such as a passport or your driver's license. This is required for them to comply with the US Patriot Act....

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