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


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