One of the mysteries of the English language finally explained.
A stockbroker or brokerage firm that charges a reduced commission on transactions but typically does not provide investment advice or other services.‘whether you decide to deal with a full-service or discount broker, there are many options out there’Compare with full-service broker
- ‘It's the cost of distributing funds - through financial planners, brokers, even discount brokers - that's rising.’
- ‘Chelsea Financial Services became the UK's first discount broker nineteen years ago.’
- ‘Sellers who use discount brokers don't always understand what they're getting into, Nelson says.’
- ‘The discount broker's commission is much less than the traditional 6 percent charged by full-service brokers.’
- ‘My personal preference would be to transfer my funds to a specialist discount broker.’
- ‘But if you know what you want, you should buy your fund through a discount broker or fund supermarket.’
- ‘There is a considerable advantage in less paperwork and time in using an on-line discount broker.’
- ‘All the funds in my portfolios can also be purchased from many on-line discount brokers.’
- ‘Like short-term investors/traders, day traders basically use online discount brokers to facilitate their trading.’
- ‘In 1995 Schwab was the country's leading "discount broker" in an industry dominated by Wall Street giants.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.