Wednesday, June 1, 2016

Teenager wanting to get into investing - what platforms can I use?

I'm 16, doing a GCSE and A Level (high school qualifications in the UK) in Economics. I'm fairly interested in the stock market and was wondering what options there are if I want to get into this. Specifically, I have gathered some knowledge on the theories behind investing, etc, but I want to find a good platform to trade on.

Are there any demo sites that I can sign up for free on, have a virtual balance, and trade on the real markets with? I don't want to risk any money I have saved just yet until I'm absolutely sure I'm ready. Currently I'm just looking at Plus500 (they have the option to open a demo account with $200,000 and trade in real time on real markets, and then switch to real money at any time) but looking around on Google shows the company may be sketchy.

All I need is a site that lets me sign up for free and use a virtual balance with real time stock quotes. The ability to trade with real money later on would be a plus too as if I'm more confident I can start with small amounts.

Hope you guys can help - I'm looking forward to getting into this!

Just to reiterate, this may not be a typical question, I'm not looking for any advice on how to actually use my money in investing, just a platform that I can use for free (a demo etc). Thank you!



Submitted June 01, 2016 at 11:08PM by aysindeton http://ift.tt/22z84Xx

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