26th
how artists can trade stocks tomorrow with less than $50 dollars: Step 1) Open a Sharebuilder’s account
Step 1) Open a Sharebuilder account
A) go to http://www.sharebuilder.com and on the top of the sharebuilder home page click Open an Account
B) Now start filling in the information… If you are an individual artist check Individual Account…. Do not worry about applying for options trading or margins borrowing you can always do that later
C) In the middle of the page you will see Promotion Code. Now you have to find a promotion code to plug in the box.
1) open a separate window and search $50 Sharebuilder Promotion codes
2) Find a code that will give you $50 after you open an account and buy your first stock.( make sure you find one that gives you money and not some product) You will receive the $50 in your account in a month or two after your first trade.
3) Go back to the Sharebuilders open an account page and fill in the promotion code.
D) Before hitting NEXT you will need this information
1) Full Name
2) Date of Birth
3) Social Security number
4) Citizen Status
5) Employment Information
6) Home Address
7) Day and Evening Phone Numbers
8) Email Address
E) Once you have this information hit NEXT( bottom right hand side of page)
F) Now you have to select a Pricing Program
1) Select the free Pricing Program (There will be an option to select the step up for one free month but Don’t do it because remember you are an artist and will probably forget to cancel it after a month and get charged for it)
G) Next you will be asked to fill in your Banking Information
1) This is how you get money into your Sharebuilders account
2) If you are freaked out about connecting your account info to the internet then you should start another bank account.
H) Now transfer money into your Sharebuilder Account from your bank.
1) It takes one business day to get the money from your bank to your Sharebuilders account. (If you have to start trading right now then you can transfer the money right away for a $5 charge)
2) There is no minimal amount that you have to trade on Sharebuilders so you can start with as little as $50. Remember there is a $9.95 charge for every trade so if you want to buy 50 shares of a $1 a share stock then you will need $50+$9.95 in your account.
I) Why Sharebuilder?
1) No monthly fees
2) No hidden fees at all
3) great customer service(you can ask them the most ridiculously question and they will answer it swiftly
4) No minimal trade amount. You can buy 5 share of a stock that cost 30 cents a share if you want.
5) No minimal amount in your account. You can just keep $10 in your account if you want to.
6) You can pick any of the other Brokers like E-Trade but watch out some of them you have to have $2000 to start trading. ( Artists don ‘t usually have $2000 laying around)
J) You have completed step one you now have a sharebuilders account…