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Where to buy stocks?

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BenutzernameMoneyland User Questions
Status Member
Registriert seit1/27/17
Beiträge2142

May 30, 2017, 11:15:32 AM

Where should I buy stocks? Should I buy them at a bank or a stock broker? Can I buy them straight off other investors?

BenutzernameMoneyguru von moneyland.ch
OrtSchweiz
Status Expert
Registriert seit8/4/15
Beiträge4079

June 1, 2017, 5:40:08 PM

Hi there,

The easiest way to buy stocks is through a licensed stock broker. Online stock brokers are typically more affordable than conventional stock brokers. Brokers connect you as a buyer with a willing seller and handle the adminsitrative work involved in the transaction.

You will have to pay brokerage fees and other costs when you buy stocks through a broker. You can compare online brokers using the interactive online broker comparison on moneyland.ch.

It is sometimes possible to buy stocks directly from a company (through a direct stock purchase program or a transfer agent, for example), but only a few major companies let you do this and normally only sell newly issued stock directly.

Best regards from Moneyguru