The Inside Oil for a Beginner to set up their own Share Trading Account. It can be a confusing task but with a little help it can be a rewarding venture. Here are a few helpful tips: -

For a proven way to make money on the Share Market just click this link.

Choosing the account type that best suits your needs can be confusing when you consider the different types of accounts that are offered, for Example: 

• Individual or Joint
• Company
• Self Managed Superannuation Fund (SMSF)
• Investment Club Account
• Executors/Administrators Account
• Trust Account
• Overseas Residents Trading Account
• Internaxx Offshore Trading Account

A description of these Accounts which may help you decide where you want to start your investment are set out below: - 

Individual or Joint: - A standard trading account with one or two account holders.


Company: - A Company account is for incorporated businesses.


Self Managed Superannuation Fund (SMSF): - For a registered Self Managed Superannuation Fund (SMSF) or DIY Superannuation Fund.


Investment Club Account: - An Investment Club is a group of people who get together to pool their money and then invest collectively in the stock market. Together Investment Club members can limit their personal risks, while still investing in the stock market.


Executors/Administrators Account: - The Executors/Administrators Account allows executors and/or administrators to manage assets on behalf of an estate by trading in a diverse range of investment options.


Trust Account: - The Trust account allows trustees to deal in a range of investment options on behalf of their beneficiaries in the name of the trust.


Overseas Residents Trading Account: - An Overseas Resident Trading Account offers all the benefits of a Trading Account is for people who wish to trade in UK equities but who do not live in the UK. In order to open an account you will need to complete the forms from your Broker that will allow you to use an Overseas Resident Trading Account. Also any relevant documents that allow you to choose any of the options offered. These along with documentation to confirm your name and address (such as passport and utility bill) which needs to be endorsed by a regulated intermediary (such as a bank, financial advisor, Accountant, Solicitor or Notary Public).


Internaxx Offshore Trading Account: - Internaxx is based in Luxembourg and offers trading facilities to international and expatriate investors worldwide.
Benefit from: -
** A multi-currency investment platform in GBP, EURO, USD, CAD, AUD, HKD, SGD, SEK and CHF.
** Real-time, online access to 12 international exchanges in the UK, North America, Europe and Asia. -- Commissions from 19.60 Euro per trade.
** Internaxx is accessible online at Internaxx Website or Send an email: tdw@internaxx.lu or call between
8.00-22.00 CET, Monday to Friday on +352 2603 2003.

Once you have chosen the account type that best suits your needs you should then contact your broker for the required form/s. When you open a Share Account there are a wide range of optional services to choose from that makes managing your investments even easier.  Your broker should be able to explain these to you.

You may be a person that really enjoys the "cut-and-chase" of building a Share Portfolio but is not for everyone. If you just want to make money for dealing in shares then there is an easier way: -

For a proven way to make money on the Share Market just click this link.