What is a Trading Account?
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A trading account is a type of financial account that enables an individual or entity to buy and sell financial instruments such as stocks, bonds, options, commodities, and currencies within financial markets. It serves as a centralized platform where investors can execute transactions, monitor their investment portfolios, and access various trading tools and resources. Trading accounts are typically offered by brokerage firms or financial institutions, and they may come with different features and capabilities depending on the provider.