Discount Brokers
Discount brokers are platforms that provide essential stock trading and investment services without offering the full range of services that may not be necessary for all investors. They focus on offering a streamlined, cost-effective approach to trading, typically offering lower fees and commissions compared to full-service brokers. The main advantage of discount brokers is their competitive pricing, meaning the cost of trading and investing can be significantly lower than with full-service brokers, making them an attractive choice for self-directed investors who do not require personalized advice or additional services.
Related Terms
Basing
Basing occurs when a security’s price moves sideways after an extended decline, forming a “base”...
Earnings Per Share
Earnings Per Share (EPS) measures a company’s profit for each outstanding share, calculated as EPS...
Liquidity Risk
Liquidity risk is the chance a company can’t meet its debt obligations due to insufficient...
Comparable Company Analysis
Comparable Company Analysis (CCA) is a method used to assess a company's value by comparing...
Accrued Expenses
An accrued expense is a cost that a company has incurred in the current accounting...
Algorithmic Trading
Algorithmic trading (or algo trading) refers to the use of computer algorithms to automatically buy...
