Discount brokers provide traders with a platform for their computers in which to make buying and selling transaction for their exchange. The platform consists of a software program that is loaded onto the trader's computer and should be available for use twenty four hours a day, six days a week for trading and access to the market. It should be reliable and fast for making real time transactions.
Discount brokers provide traders with a platform for their computers in which to make buying and selling transaction for their exchange. The platform consists of a software program that is loaded onto the trader's computer and should be available for use twenty four hours a day, six days a week for trading and access to the market. It should be reliable and fast for making real time transactions.
Some discount brokers offer a service package that is available through the internet with the trader having access through a login and password. In this case it is more like a web service than a software application. The discount broker will need to ensure this web application is dependable and readily available for traders. If for any reason this service is not functioning properly then the trader will move on to another discount broker who offers better services and connectivity.
Other discount brokers provide a software application for downloading to the trader's computer. This can include the same type of features as that of a web service but includes additional plug-ins or capabilities for charting, trending and other reporting to help the trader with analysis of market trends for better decision making. The software application platform will also have a direct internet connection that must be available at all times with fast real time access to the exchanges and markets for quick buying and selling transactions.
If for any reason these varying types of platforms have problems or stop working then you will need to be able to connect with the discount brokers directly by telephone in order to get the problem resolved or perform your buying and selling trades for you over the telephone so you do not miss out on your transactions and trading.
The discount brokers should have a customer support line that is answered immediately to address your needs whether it is about a computer related problem or an internet connection. If the discount broker does not offer this fast in person response then you should find a discount broker that does offer immediate telephone support.
Stock Broker are professionals who understand the latest trends and market information
Stock Broker are professionals who understand the latest trends and market information. They make this information available to investors and traders, along with giving advice on buying and selling stock. Investors and traders depend on brokers to guide them in making wise investment choices.
Buying and Selling Stocks With a Discount Broker
Discount stock brokers are for traders and investors who are familiar with the trading industry, market trends and global economics. These types of brokers provide transactions services without any type of buying or selling advice. They can provide information on basic terms and definitions of the trading industry but they do not provide analysis, trending or investment advice.
Understanding the Job of a Full Service Stock Broker
The term Full Service Stock Broker is currently being used quite a lot amongst many investment and banking firms. Now if you are like me that is not fully aware of all the terminology that is used in the finance world, it can be quite difficult to grasp when one says Full Service Broker.
