How To Buy Genius Brands Stock (GNUS) Using Interactive Brokers In 2023

Genius Brands International Inc. (GNUS) is a publicly traded company that operates in the entertainment industry, specifically in children's media.

If you are interested in buying GNUS stock using Interactive Brokers, you can follow these simple steps.

1. Open an Account and Fund It

The first step to buying GNUS stock using Interactive Brokers is to open an account with them and fund it.

You can do this by visiting the Interactive Brokers website, selecting the "Open Account" button, and following the steps to create an account.

Once you have created an account, you will need to fund it before you can begin trading.

2. Log In to TWS

Once your account is set up and funded, you can log in to TWS (Trader Workstation) by downloading and installing the TWS software, which can be accessed from the login menu on the Interactive Brokers website or by going to trading TWS software.

After installation, double-click on the TWS icon on your desktop, enter your username and password, and select either live trading or paper trading from the trading mode drop-down.

Choose your preferred color palette for TWS classic, dark, or light, and click on the login button to access the platform.

3. Use the Mosaic Workspace in TWS to Buy GNUS Stock

Once you are logged in to TWS, you can use the Mosaic workspace to buy GNUS stock.

Here's how:

1. Click on the "New Window" button and select the "Stocks" tab.
2. Type "GNUS" into the search bar and select it from the dropdown menu.
3. Click on the "Buy" button to open the order entry window.
4. In the order entry window, select the account you want to use, enter the quantity of shares you want to buy, and select the order type (e.g., market, limit, stop).
5. Enter any additional parameters for your order, such as the duration and price limit.
6. Review your order details and click on the "Submit" button to place your order.

4. Monitor Your Order Status

After placing your order, you can monitor its status in the TWS Order Status panel.

If your order is filled, you will see the trade details in the TWS Trade Log.

Final Thoughts

In conclusion, buying GNUS stock using Interactive Brokers is a simple process that can be completed in just a few steps.

However, it is important to remember that trading in the stock market involves risks, and it is always advisable to do your own research and consult a financial advisor before making any investment decision

This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.