Stock Market Investors » Glossary of Stock Terms » What is an Online Broker?

What is an Online Broker?

Investors have many alternatives to choose from to sell and buy stocks. One of them is through the use of online broker's services. If you select this type of a broker then you are given the opportunity to execute trades over the Internet. This type of stock trading leads to the lack of human contact. One of the advantages of using the services of online brokers is that the commission fees they charge are one of the lowest charged in this field.

To be a successful investor you need two main things - the knowledge and the right trading platform.

For a trading platform we recommend you try Zecco.
Zecco offers free stock trades, no account minimum, real time quotes, trading community, and is also insured and protected against loss by SIPC. Opening a Zecco account to benefit from $0 Stock/ETF trading is a smart idea. Free stock trades allow you to preserve more of your wealth and save money, which you can invest instead of paying brokerage commissions.

When looking to save money on trades in order to have more to invest, you should definitely check the promotion OptionsHouse is currently running. Open a new account and get 100 free trades.

For knowledge we can highly recommend you subscribe to the The Wall Street Journal.

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