InvestorWords.com
discount broker
Definition
A brokerage which executes buy and sell orders at commission rates lower than a full-service brokerage, but which typically provides fewer services such as research and advice.
Recommended Articles from InvestorGuide.com
Featured Tip
Discount Brokers vs. Full-Service BrokersWhen choosing investment brokers, be sure to consider the costs and benefits of full-service brokers vs. discount brokers. Full-service brokers do offer more services but do so for a higher cost. Disc ... Read more
Related Videos
Featured Advertiser
Get our free Term of the Day newsletter!
