What is an ordinary securities account ?– Ordinary securities account
The ordinary securities account is a regulated system, allowing investment in all European or international financial instruments.
- Shares;
- Bonds;
- Commodities;
- Trackers;
- Derivatives
- etc.
The securities account is linked to a current account: when you make a purchase, you pay via your cash account and the securities purchased are registered in your securities account.
The securities account has no ceiling. You can therefore deposit as much as you wish.
It can be opened by any taxpayer, whether an adult or a minor (with the agreement of the legal representative). The saver can also have several securities accounts in several different banks.
This tax concession offers several forms of ordinary securities account:
- The individual securities account
The account holder is the only one entitled to operate the account.
- The shared securities account
Both account holders can carry out stock market transactions.
- The joint securities account
The account is shared by several people. All account holders can carry out transactions, but decisions must be taken jointly.
The best brokers for investing in the stock market with an ordinary securities account– Ordinary securities account
Degiro is a very popular online broker in Europe, especially among investors who are interested in markets other than the European market.Unlike other brokerage companies, the environment is user-friendly.
| Name of the broker | Degiro |
| Partner bank where your account is held | Flatex |
| Client accounts | 2 million |
| Warranty of securities and funds | €100, 000 for your securities €20,0 000 for the cash |
| Creation date | 2013 for individuals |
| Country | Netherlands |
| Tax concession available | Securities account |
| Financial products | Shares, bonds, ETFs, options, futures, UCITS, CFD, Forex, Warrant, Turbo, Certificate |
| Inactivity fees | Free |
| Custody fee | Free |
| Euronext brokerage fees Paris, Brussels and Amsterdam stock exchanges | |
| Share | €0 |
| Bond | €3.90 |
| Trackers | €0 |
| UCITS | €0 |
| London (LSE) and Frankfurt (Xetra) stock exchanges brokerage fees | |
| Order over €0 | €3.90 |
| United States Stock Exchanges (NYSE, NASDAQ, ARCA, AMEX) brokerage fees | |
| Share | €0 |
| Tracker | €0 |
Interactive Brokers (IB) is one of the largest online brokerage companies in the US market. This broker is primarily aimed at informed and experienced investors.
| Name of the broker | Interactive Brokers |
| Client accounts | 1.8 million |
| Assets under management | $109 billion |
| Warranty of securities and funds | SIPC: warranty $500, 000 for your securities $25,0 000 for the cash Maximum guarantee for securities + cash: $500,000 |
| Creation date | 1977 |
| Country | United States |
| Tax concession available | Securities account |
| Financial products | Shares, bonds, ETFs, options, futures, OPCVM, CFD, Forex, Warrant, Turbo, Certificats, Cryptocurrencies |
| Inactivity fees | Free |
| Custody fee | Free |
| Euronext brokerage fees Paris, Brussels and Amsterdam stock exchanges | |
| Order over €0 (in euros) | 0.1 % (minimum €4, maximum €29) |
| Orders over $0 (in dollars) | 0.1 % (minimum $6, maximum $39) |
| United States Stock Exchanges (NYSE, NASDAQ, ARCA, AMEX) brokerage fees | |
| Orders over $0 (in dollars) | 0.005 par action (minimum $1, maximum 1 %) |
The fee system is quite complicated. I recommend that you consult the website if you are considering opening a securities account with this broker.
Conclusion– Ordinary securities account
The ordinary securities account account allows you to invest in a wide range of financial securities and has no withdrawal limit. However, depending on the tax system in your country of residence, some financial securities may be more interesting to purchase.
