Investor Glossary-online brokerInvestor Glossary-online brokerInvestor Glossary-online brokerInvestor Glossary-online brokerInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Online Broker

The HTML to link to this page
 

Like a traditional broker, an online broker executes trades for an investor in exchange for commissions. The primary difference between an online broker and a traditional broker is that the online broker provides electronic, usually internet-based access to client accounts. By taking advantage of the internet, an online broker can also deliver timely news, information, realtime quotes and charts.

An online broker may also have access to electronic quotation services that bypass the costs of dealing with the major stock exchanges. Coupled with the elimination of direct human intervention, this allows an online broker to offer commissions significantly lower than those of a traditional broker. An online broker may further reduce costs, and therefore commissions, by having minimal customer service. Such brokers may not be the ideal choice for novice investors.



Rate this online broker definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: current ratio, quality assurance, labor relations, Key Rate Duration, 1031 exchange, APR, 1035 exchange, open position, LIBOR, phantom income, minority interest, retained earnings, option premium, deferred revenue, class C shares, balance sheet, stock market close, stock split, irrevocable trust, margin rate, average price per share, cancelled check, in escrow, risk management, inflation, FTSE, dividends payable, command economy, required rate of return, Zero Cost Collar, ex-dividend, implied volatility, limit order, 144a, debt service coverage, reverse mortgage, diluted share, wholly-owned subsidiary, per diem, real GDP, covered put, EBITDA, 401a, liquidity ratio, FICO score, ex-dividend date, annual return, VIX, deferred tax


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use