The Corona crisis has increased the trend towards the stock market. How do you get started?

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At the beginning of the year, stock exchange prices collapsed worldwide. For several months, the Corona crisis caused severe fluctuations on the markets. In the second quarter of 2020, prices began to recover and stabilize. During this time, private investors in particular increasingly traded on the stock exchange, because after the crash, there was a good opportunity to get in cheaply and earn money from the new upward trend. The trend of investing money on the stock market continues .

Trading in securities and the like is particularly popular among younger people. Benjamin Bilski, founder and managing director of the social trading platform NAGA, shares this view : "Millions of people use their smartphones every day . The ability to trade via a device represents the ideal gateway into the world of profitable stock market trading for our target groups." However, romania gambling data anyone who wants to be successful on the stock market in the long term should familiarize themselves with the subject matter before getting started so that mistakes and financial losses can be limited.



Keep an eye on costs and fees
Branch banks often charge an annual fee for maintaining a securities account. When buying securities from banks, there is also often a commission that depends on the order volume. All of these costs and fees reduce the return. If you want to trade on the stock exchange particularly cheaply, or even completely for free, you should look at so-called neobrokers. These are usually apps that provide their users with the easiest possible access to the stock exchange.

Since neobrokers finance their business by placing orders with over-the-counter trading venues, they can offer their customers securities trading at particularly low prices. Neobrokers, with their mobile availability, are following the trend that banking transactions are increasingly taking place online , so that you always have an overview of your transactions and can react quickly to changes.