Options trading can be intricate a lot more so than stock trading. When you purchase a stock, you simply choose how numerous shares you desire, and your broker fills the order at the prevailing market value or a limitation rate you set. Trading choices needs an understanding of advanced strategies, and the procedure for opening a choices trading account consists of a couple of more steps than opening a typical investment account.( Need to brush up on puts, calls, strike prices and other options trading terminology? See our post on choices trading 101). Compared to opening a brokerage account for stock trading, opening a choices trading account requires bigger amounts of capital. And, provided the intricacy of anticipating numerous moving parts, brokers require to understand a bit more about a prospective financier prior to granting them an approval slip to start trading choices.