Discount Brokerage

What is it? A kind of brokerage that typically 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.

Added By: James

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