Choices trading can be intricate much more so than stock trading. When you purchase a stock, you just choose the number of shares you want, and your broker fills the order at the dominating market cost or a limit cost you set. Trading choices requires an understanding of sophisticated methods, and the procedure for opening a choices trading account includes a few more actions than opening a typical investment account.( Need to review puts, calls, strike prices and other alternatives trading lingo? See our post on options trading 101). Compared to opening a brokerage account for stock trading, opening a choices trading account needs bigger quantities of capital. And, offered the complexity of predicting several moving parts, brokers require to understand a bit more about a prospective financier before awarding them a consent slip to begin trading options.