The "daily Call" From Option Alpha: Options Trading | Stock Options | Stock Trading | Trading Online

Hey everyone. This is Kirk here again from Option Alpha and welcome back to the daily call. Today, I want to answer the question, “Can I have multiple brokerage accounts?” I think the short answer to this is yes, you can and should have multiple brokerage accounts. Now, don’t go crazy with this, obviously. But because all brokers are now effectively at zero commissions, there’s no reason why you can’t have multiple accounts and therefore, have the ability if you need it, to more quickly transfer funds from one account to the other. A lot of the pain for most people when starting to trade is actually the process of opening up a brokerage account. Now, this process has been made easy by the likes of Robinhood and some of the other brokerages that are out there that really do make the process a lot more streamlined, but this still becomes a big hurdle for many people to actually go down the path of starting to trade options. My opinion is when you start trading of even if you’ve been trading for a little bit now