Is a 15 year old allowed to trade in the London Stock Exchange? - ftse100 trading systems
I FTSE100 market for trading, but I do not know. Can someone help me?
Wednesday, February 3, 2010
Ftse100 Trading Systems Is A 15 Year Old Allowed To Trade In The London Stock Exchange?
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3 comments:
require a permit if you are an EU citizen, it is possible, but youll be parental (usually Parrents)
note, however, that its hard to make a profit on small funds, management costs of the CUS. and the stock market is a very complex organization you'll need to read first.
The shares are contracts to 18
It is £ 15 per transaction (before any costs) so if you only have a small fund, which is very difficult to make a profit!
Example: $ 1000 Fund
VMED (Virgin Media) = $ 9.26
Transaction costs = approximately U.S. $ 25
Available = $ 950
Acquired shares = 102
Break-even share increased by 5%
They are very young, but you can run with the help of a parent or guardian
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