What is a brokerage account

This is a specially opened account with a broker that allows an investor to trade securities, currency, and other assets

What a brokerage account is for

By law, an ordinary person cannot directly participate in exchange trading. For this, an intermediary is required — a broker licensed by the Central Bank. The investor submits an instruction through the app, by phone, or in another way, and the broker buys or sells assets on their behalf