Online Share Dealing: How to get started

Here's a simple way to start dealing shares online at the comforts of your own home.

13:19 22 January 2013

Gone are the days when share dealing was limited to extremely wealthy people. Today, with several online share dealing websites, even small and novice investors can try their hand and get the feel of the stockmarket. Here’s how you can get started:

1.    First, look for online share dealing websites and study them. Right now, there are about one hundred sites that you can choose from. When choosing, there are some things that you need to consider. These include the reliability of the website, the years that the site have been active, and if it’s trusted by traders like you. You also need to consider the fees. Although all online share dealing sites will charge you for using the website and for trading, fees can vary from one site to another.

2.    Create your account. Creating an account on online share dealing site is relatively quick and simple. In fact, it can take just 30 minutes to one hour. Your account will then be verified using your bank account.

3.    Trade. Once your account is active and once you sent funds, you can go ahead and trade shares. Simply look for the stock that you want and click buy. It’s that simple.