Hi all,
Apologies if these questions have been posted before.
Google doesn't seem to bring up much of what I'm looking for, and Iv had a few condescending replies on other forums (MSE etc)
I have been doing a lot of research and I think with a bit more, I will be ready to begin trading, specifically AIM companies and micro/nanos in the US
I have the money to dispose of (although that is obviously not my intention!), I understand the risks and I am a sensible, controlled person.
My first question is: Is there anything I need to consider (legally) before I begin trading? I know I need to declare profits to the tax man, but do I need to tell anyone else or declare anything to anyone before I open my account and get going?
Someone mentioned filing for a mergers and acquisitions? I don't know if they were being sarcastic? I know this is what companies do but does a trader need to do this or anything else along these lines?
My second question is: Which online broker do you recommend for a beginner/ someone with not a huge start up account? I have been looking at Hargreaves Landsown, they seem reasonably priced for fees and I can live with the £12.50 per trade. I have been following Aim stocks on there for some time with my research but they don't do many US stocks other than the large markets.
Any info appreciated
Thanks
Apologies if these questions have been posted before.
Google doesn't seem to bring up much of what I'm looking for, and Iv had a few condescending replies on other forums (MSE etc)
I have been doing a lot of research and I think with a bit more, I will be ready to begin trading, specifically AIM companies and micro/nanos in the US
I have the money to dispose of (although that is obviously not my intention!), I understand the risks and I am a sensible, controlled person.
My first question is: Is there anything I need to consider (legally) before I begin trading? I know I need to declare profits to the tax man, but do I need to tell anyone else or declare anything to anyone before I open my account and get going?
Someone mentioned filing for a mergers and acquisitions? I don't know if they were being sarcastic? I know this is what companies do but does a trader need to do this or anything else along these lines?
My second question is: Which online broker do you recommend for a beginner/ someone with not a huge start up account? I have been looking at Hargreaves Landsown, they seem reasonably priced for fees and I can live with the £12.50 per trade. I have been following Aim stocks on there for some time with my research but they don't do many US stocks other than the large markets.
Any info appreciated
Thanks
What to do before opening a trading account (UK)
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