Question

Describe the trading account and its purpose​

Answer 1

Answer:

A trading account can hold securities, cash and other investment vehicles just like any other brokerage account. The term can describe a wide range of accounts, including tax-deferred retirement accounts. ... The activity in a trading account typically constitutes day trading.

Answer 2

Answer:

• A trading account is an investment account. For the most part, however, it refers to an account used to trade securities. Trading accounts require personal identification information and have minimum margin requirements set by FINRA.

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