Create A Trading Account
Step 1: Go to Commsec and click ‘Join Now’
Step 2: Click ‘Open an Account’ and go through the prompts
Step 3: Open a CDIA (or trade with your bank – not recommended). You will need your your ID – See details below.
Step 4: Confirm details via email
Step 5: You’re ready to trade – however you’ll need to put some money in your trading account (CDIA).
So I have an account, now what?
I would recommend reading my next blog – which I haven’t written yet. Also familiarise yourself with my previous post – Beginners Guide to Investing (Shares, Crypto and Trading Cards and more) and How much money should I be investing?
Caveat 1, each bank is slightly different, but generally the same. I use Australia’s largest retail bank – Commonwealth Bank of Australia, therefore will use Commsec as their trading platform.
Full disclosure, I am not advertising or sponsored by CBA.