online broker

Definition

A brokerage which provides trading services to its clients over the internet. An online broker may or may not be a unit of a traditional brokerage.

Use online broker in a sentence

You may want to try and do business with an online broker that might be a little bit cheaper to deal with.

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I do almost all of my investing through an online broker because I like the lower costs and fees and easy access to my account that it provides.

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I dealt with an online broker for many years, and although it lacked the person to person advantages of a brick and mortar institution I found the dealing to be solid overall.

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