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Taking control of your own stocks and shares can be a stressful business and one that shouldn’t be taken lightly. This means you’ll need to source an online broker. Here a few things you should consider when finding one.

Speedy access to simple charting

Charts and graphs for trading stock are worth their weight in gold. They tell you the exact positions of the stock so you don’t have to trade minute to minute. Instead, you should use a software to view simple charts or graphs displaying the value of your stocks over a set period of time.

This allows you to compare with relative ease the current price to what your investment was worth a week, month, year, etc. ago.

A clean dashboard

When you’re trading, you need to find your order entry ticket, quickly.

This means you need an interface that isn’t overly cluttered. In just a glance you should be able to view your current balance, available cash, and positions in real-time.

Affordable pricing

You can hardly expect to build wealth when you have to waste your money on brokerage fees. This is why it’s imperative you seek an online broker that charges relatively low costs for account management and trades.

You should know that there are over 50 different online brokerages for you to choose from. Most of them are relatively easy to open accounts with. If you’re interested in other financial services in addition to trading stocks, you can use many of these same services to help you save, manage other investments, plan for your retirement, and handle other areas of banking. If this is something you’re interested in, you’re better off doing further research to find an online broker that best suits your needs.