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There is not much difference between the discounted broker and normal brokerage firm. The main difference is “brokerage”.
The discounted brokers are giving trading facilities at low brokerage or fixed brokerage.
However, when we select any brokerage firm, whether normal broker or discounted broker, we must care for the following things:-
Goodwill
Back office support.
Brokerage charges
Margin
There is not much difference between the discounted broker and normal brokerage firm. The main difference is “brokerage”.
The discounted brokers are giving trading facilities at low brokerage or fixed brokerage.
However, when we select any brokerage firm, whether normal broker or discounted broker, we must care for the following things:-
Goodwill
Back office support.
Brokerage charges
Margin