discount broker

Low-fee stock trader

A discount broker is a stockbroker or brokerage firm that executes trades at lower commission rates than full-service brokers, typically by offering fewer advisory services.

The rise of online trading made discount brokers dominant for individual investors: I switched to a discount broker when I realized I wasn't using my advisor's recommendations.

Related

fees · low-cost · platform · portfolio · shares · index funds · investing · retail investor · Schwab · Fidelity · E-Trade · execution · trades · market · securities · orders · cheap · DIY

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Opposites
service level and cost

discount brokerfinancial advisor

Professional guiding monetary decisions

private bank · investment advisor · private banker · Merrill Lynch · investment consultant

client relationship model

discount brokerrelationship manager

Client liaison professional

Family

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