A brokerage which offers even lower commissions than a discount broker, but also provides even fewer services to clients. Generally, such a broker will provide nothing beyond execution of stock and option trades, and will charge a flat fee regardless of the size of the trade. They are thus a very economical option for a trader who only needs for his/her trades to be executed, and nothing else.
Related information about deep discount broker:
- What is deep discount broker? - InvestorWords.com
Definition of deep discount broker: A brokerage which offers even lower commissions than a discount broker, but also provides even fewer services to clients.
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An agent that mediates sales and exchanges between securities buyers and sellers at even lower commission rates than those offered by a regular discount ...
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Other than completing the task on behalf of the clients, the deep discount broker does nothing more. Most often, they deal in stocks and options only, and charge ...
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Definition of deep discount broker: A brokerage firm offering very low fees, typically in exchange for little more than order execution and do-it-yourself investor ...
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So it should come as no surprise that you must pay more that you would with E* TRADE or some other deep discount broker. Vanguard charges $25 to execute ...
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A brokerage that offers clients no commissions and usually a flat fee for trades. Unlike most brokerages, a deep discount brokerage provides only trading ...
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NobleTrading is deep discount online stock, options and futures broker. NobleTrading discount brokerage service comes with a variety of trading softwares.