What is brokerage account?Brokerage Account
The account you open with a broker to hold your trading cash and the shares you buy.
Learn “brokerage account” in an animated lesson
- Stock BasicsDeposits and Withdrawals
Moving money from your bank into your brokerage account is a deposit; moving it back is a withdrawal. You need money in the account before you can buy.
- Stock BasicsWhat Is a Broker?
Ordinary people can't walk into an exchange and buy stocks. A broker is the middleman that opens your account, sends your orders and holds your shares.
Related terms
See how “brokerage account” works for yourself with an animation you can drag and play.
Go to “Deposits and Withdrawals”