A security broker who executes orders for clients at substantially reduced commissions.
Brokerage firm/broker that charges a lower commission on the buying and selling of financial instruments than a full-commission broker. A discount broker typically has limited research capabilities and does not give investment advice to its clients. iscount Rate In U.S. banking, this is rate that the Federal Reserve charges member banks for advances.
A brokerage house featuring relatively low commission rates in comparison to a full-service broker.
A firm that executes orders and provides little or no research or investment advice, but charges low transaction fees.
a broker that doesn't give the range of services that a full
a person or company that provides trade execution for a
A broker who provides a “no-frills†service for buying and selling securities. In practice, this means that the commission rates charged are lower, as no investment advice, analysis or research is offered.
A person who sells unit trusts and rebates some of the initial charge back to the investor.
A discount broker represents the seller for a reduced fee or commission compared to the fees charged by a full-service broker. In exchange for a reduced fee, the discount broker may not do one or more of the following: show the home, advertise the home, field calls from potential buyers.
A stockbroker who charges a smaller commission than brokers with full service brokerages, but provides no investment advice. The broker merely takes and executes your orders.
A stock broker who will not provide personalized portfolio advice, but will charge cheaper commission fees, and will make a variety of order-entry vehicles available to clients, such as via computer or by automated telephone system.
A stockbroker charges less commission than other brokers, but provides no advice on the investment
Brokerage house that executes orders to buy and sell securities at commission rates sharply lower than those charged by a Full Service Broker.
A real estate broker charging a lower commission while offering less services.
Firm that charges low commission rates for execution-only business.
A service provided by an intermediary* where no advice is taken. Also known as an “execution only” service, the broker will buy a product on behalf of an investor after the investor has chosen which product they would like to purchase. Discount brokers usually waive or discount the initial charge, as no advice has been provided. This service is often available by post and rather than pay commission you are charged a one off transaction charge.
A broker who charges a lower commission for buy and sell orders than a full-commission broker. Typically, a discount broker does not give investment advice.
A stockbroker who charges a reduced commission and provides no investment advice.
A broker that provides less investment help but will take orders for your account at a discount price in comparison to full service brokers.
Like the full-service broker, the discount broker executes orders to buy and sell securities. Commission rates are often significantly lower than those charged by a full-service broker. A discount broker does not provide research services or advice to clients.
A stockbroker who charges a smaller commission than other brokers, but provides no counsel in investment
A brokerage that executes orders to buy and sell securities at commission rates lower than a full-service brokerage. Discount brokers are certainly favored by Fools. See the Discount Brokerage Center.
A real estate firm that charges less than the normal commission rate.
A brokerage house that charges lower commission rates for executing orders.
This is a brokerage house that offers broker activities at a discount price. A traditional discount broker does not offer full services therefore passing on the savings to the customer.
As opposed to full service brokers, a discount broker charges a lower fee for executing buy and sell orders at the direction of the investor. Generally, discount brokers do not provide investment advice.
An individual or firm that discounts commissions for individuals to trade securities. Discount brokers typically offer limited advice to investors. (See also Full-service broker.)
A transactional agent who works at a discount by providing only certain services.
stockbroker who buys and sells for customers at very low commissions.
Firms that perform a traditional brokerage role as intermediary and do not provide research advice to clients. They charge lower trading fees than full-service brokers, which include research in their range of services.
A cut-rate firm that provides little in the way of research aids to clients, and only executes client orders.
A brokerage firm that executes buy and sell orders at lower commission rates than those charged by a full service broker. See: Full Service Broker
A brokerage firm that buys and sells securities at lower rates than a full service broker. Discount brokers generally do not offer all the services of full service brokers.
A broker whose commission rates are lower than full service brokers. Discounters usually provide little in additional services beyond trade execution.
A brokerage house charging commissions lower than those charged by a full-service broker. Discount brokers provide execution of trades only and do not give investment advice. Related investment services are sometimes available for an additional fee.