Source: https://mochatrade.com/learn/glossary/brokerage-account

# Brokerage account
URL: https://mochatrade.com/learn/glossary/brokerage-account
Last modified: 2026-10-17

A brokerage account is an account with a registered broker that records the securities you own while a custodian holds the actual shares. It is the route where you own the share. The other route is [a contract on its price](https://mochatrade.com/support/what-is-a-perpetual-contract-and-does-it-expire), where you hold [a position, not a share](https://mochatrade.com/learn/start-here/nvidia-trade-walkthrough).

## Related terms

- Custodian: https://mochatrade.com/learn/glossary/custodian
- Fractional shares: https://mochatrade.com/learn/glossary/fractional-shares
- Trading halt: https://mochatrade.com/learn/glossary/trading-halt
- Closing auction (official close): https://mochatrade.com/learn/glossary/closing-auction
- Overnight session (24-hour stock trading): https://mochatrade.com/learn/glossary/overnight-session
- Perpetual futures: https://mochatrade.com/learn/glossary/perpetual-futures