Brokerages that typically charge less than full-service brokerages because they do not offer investment advice from analysts and brokers. Typically, discount brokers buy and sell stocks for their customers without recommending choices. Some may offer general investment advice, news or other services.
A firm that buys and sells investments for the public without giving any advice (in contrast with a full-service brokerage, which executes trades and provides advice). A discount brokerage typically charges lower commissions or trading fees than a full-service brokerage.
A brokerage which executes buy and sell orders at commission rates lower than a full-service brokerage, but which typically provides fewer services such as research and advice.
Brokerage firm that offers lower commission rates than full-service investment dealers by enabling clients to make their own investment decisions and to execute their own trades online or by toll free telephone. Increasingly, discount brokerages tend to be referred to as ''online'' or ''self-directed'' brokerages to better reflect the value they provide to investors.
A brokerage organization that executes orders to buy and sell securities at commission rates sharply lower than those charged by a full-service broker.
A brokerage that charges less than a full-service brokerage because it does not offer investment advice from analysts and brokers. Typically, discount brokers buy and sell stocks for their customers without recommending choices. However, they may offer general investment advice as well as news and some other services. They usually offer their services over the phone, the Internet, and at their offices.
A discount brokerage is a business that helps clients buy and sell securities on a stock exchange but usually with smaller fees in comparison to regular brokerages.
