Entering into the Stock Exchange

In order to invest on the Stock Market, you must pass via a financial intermediary. You have the choice between a bank or a broker, but which one should you choose?

If you wish to place a very small amount of money (between 150 and 15.000 euros) just to watch the consequences, the choice is quickly made, you should use a bank.

A traditional broker will ask you for seed money between 7600 and 15000 euros

With the development of Internet, a significant number of Internet sites, offering to place your orders directly on the Web, were born. These sites are either traditional banks or traditional brokers who open on the Net or companies created recently called Discount Brokers.

Discount Brokers are very cheap and make it possible for modest people to invest on the Stock Market, and especially on the NASDAQ. The discount broker enables you to start investing much less (from 700 to 2000 euros on average). The Discount Brokers bet on a substantical number of customers and thus of the low management costs since only the customer (i.e. you and I) manage in front of his or her computer.