Online Stock Broker Comparison
In the dark ages, investors would
have to call the broker on the phone to see the current market
price, then decided to buy or sell the stock.
The broker would place
the order for the client and the stock would be bought or sold. Today, there are many online
brokerage firms that allow you to place the order online, eliminating the need for stock brokers. With the rise of the internet, people today have access to a great variety of market information that the brokers of yesterday used to be called for. There are still stock brokers,
but placing trades online allowed for discounts in commission fees. That is, the transaction fees the
brokerage firm charges to place a trade. A few variables that can influence your broker decision are broker commission, inactivity fees, account minimums, etc.
Which broker is right for you?
