Types of Brokerage AccountsWhen you look at opening a traditional brokerage account, you will typically have two choices when you pick your broker: an individual brokerage account or a joint brokerage account. Individual brokerage account: This is the standard account that most people use, where you open a brokerage account in one name and are the only account owner attached to that account. Joint brokerage account: If you open a joint brokerage account, this means you will be opening a shared account with two or more individuals. There are a few account options, too, like an individual brokerage account, joint brokerage account, an IRA, or a Trust. Brokerage Accounts FAQCan You Use a Brokerage Account as a Checking Account?