FAQ on trading stocks on Nasdaq First North for international retail investors
Here is a guide on how to trade on Nasdaq First North Stockholm.
The brokerage account is the fundamental account that you need to familiarise yourself with if you want to trade stocks.
1. Brokerage Account
A brokerage account is simply an account between you and a licensed brokerage firm that allows you to buy and sell stocks.
Opening a brokerage account is quite similar to opening a standard bank account. However, unlike a bank account, there are many types of brokerage accounts with various offerings and brokerage firms in different jurisdictions.
Some full-service brokers provide extensive investment advice and may charge a premium fee for their counsel. Online brokers typically provide a secure interface that allows investors to place trade orders and charge a minimum fee for their services. Nasdaq has an extensive list of online brokers (http://www.nasdaq.com/investing/online-brokers/) with the fee structure and features from various houses specially tailored for international retail investors.
In Sweden, retail investors could open an account with Mangold Fondkommision AB, an independent broker in Sweden and also one of the leading liquidity providers and Certified Advisers on First North. You can also contact firstname.lastname@example.org for questions about opening an account.
International retail investors could seek advice from local brokerage firms that offer an overseas trading account.
2. Buying and Selling of Stocks
If you are using a full-service broker, as well as advising you on your investment needs, they will also execute the trade on your behalf.
Online brokers, on the other hand, do not offer any investment advice and you are able to buy and sell stocks instantly just by logging on to the website.
If you are selling or buying more than 200,000 EUR worth of stocks, do contact an investment bank, such as Mangold, relevant financial adviser or an intermediary to get the best deal
For further questions please get in touch with email@example.com