How to Make a Small Investment and Make Money Online

If you’re looking to make some extra money from home, you’ve probably considered looking into online or mobile investing. If you’ve never heard of these investment platforms, allow us to explain what they are and how you can profit from them.

What Are Interactive Brokers?

Interactive Brokers is one of the most popular online brokerage platforms, specializing in electronic trading of stocks, options, CFDs, and more. As the name suggests, you have the ability to interact with the platform through real-time chats, email, and phone calls with customer service representatives (CSRs). Customers can easily trade stocks and other securities using online trading tools with minimal to no investing experience.

Is It Legit To Use An Online Broker?

Yes, it is legit to use an online broker. There are several brokerages that provide a fully-compliant stock market place, where you can buy and sell securities with no restrictions. The best part is that most online brokerages offer a demo account, which allows you to practice trading with virtual money (demo accounts don’t affect your real account). Additionally, many online brokerages offer a money-back guarantee, in case you decide trading is not for you.

Why Would You Want To Trade On An Online Broker?

You would use an online broker to execute individual or portfolio-level trades, monitor stock market movements, analyze trade results, and manage your risk exposure.

On a basic level, anyone can use an online brokerage to purchase stocks, options, or other securities. However, if you’re looking to be a successful trader, you’ll want to consider using an online brokerage that has the following:

  • Good customer support
  • Real-time updates
  • A wide variety of securities to choose from
  • Pro-rated commission
  • Economic indicators such as trading bots, Indicators, AI-based research, and more
  • Fully-compliant with US laws and regulations
  • A reputable brand

Now, let’s discuss some of the most popular online brokerages, which provide the abovementioned features.

The Top 3 Online Brokerages

The following are the top 3 online brokerages, according to Active Trader Magazine’s 2016 ranking:

  • TradeKing
  • Scottrade
  • Fidelity

Each of these brokerages provides an easy-to-use, online trading platform with live market data and order entries, as well as an advanced charting package with support for multiple time zones and different currencies. Additionally, you can utilize numerous mobile apps to gain extra functionality on the move. All of this makes these brokerages a perfect choice for anyone seeking to make quick and easy money online or via mobile device.


We mentioned TradeKing above, but here’s a quick recap:

TradeKing is another popular online brokerage that provides a fully functional trading interface with real-time market data, order entries, economic indicators, and more. Additionally, you can monitor the markets with the swipe of a finger through a smartphone or tablet’s web browser. The mobile apps are clean and intuitive, making it easy to navigate and view market data on the go.

What sets TradeKing apart from many other online brokerages is that it was built around the premise of providing high-quality customer service and executing trades at a low cost. The sign-up process is extremely straightforward and only requires you to provide a valid email address. Once you’ve verified your account, you can begin making money by investing in the market or using their CFDs.


Scottrade is the ideal brokerage for speculators and short-term traders who want to make quick money on the stock market. Scottrade provides a reliable platform with intuitive order entry and one of the most reputable Customer Support teams in the industry. Additionally, if you’re new to investing, you can use their ‘Academy’ to learn the ropes easily. Finally, the site provides in-house legal counsel and access to additional investment groups consisting of financial advisors and insurance agents who can act as a personal broker for you.

One of the unique aspects of this brokerage is that it was founded in Canada, which has unique securities laws that require a lot of attention. If you’re looking to trade Canadian stocks, you’ll want to use a brokerage that is a registered dealer in Canada.


Fidelity is one of the most popular, traditional, and experienced stock brokerages around. Since 1898, Fidelity has helped millions of individuals and families invest their money safely and securely. Fidelity provides a simple yet functional interface with real-time quotes, news, social media feeds, and more. You can also monitor the markets through their mobile apps. Finally, one of the biggest draws of Fidelity is their amazing customer support. CSRs are available around the clock, and you can feel confident asking any question you may have about the markets and investing.

When Should You Begin Investing?

The first thing you need to do is determine how much you’re willing to risk. Remember, you’re investing for profit, so you’re ultimately placing a bet that the market will go up. The most effective and safest way to do this is by gradually increasing your investment amount by small increments.

It’s always a good idea to learn as much as you can about investing. There are various platforms that provide in-depth information about the stock market, including how to read financial news reports and what strategies work best in today’s market. Additionally, many online brokerages provide free resources like videos, blogs, and in-house magazines. Finally, take some time to study the successful investors in the world, and you’ll be able to effectively apply their methods to your own trades.

Once you’ve determined the amount of risk you’re willing to take on, you can begin actively seeking investment opportunities in the market. Look for companies that are making a significant impact in their respective industries, have a significant revenue stream, and are poised for growth.

You should begin investing as soon as possible. The sooner you get started, the more you’ll learn, the more you’ll profit, and the more you’ll be able to indulge your passion for investing. Don’t hesitate to put some money in a savings account and enjoy the freedom of compounding interest. Plus, when you eventually withdraw the money, you’ll likely be rewarded with even more.