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A stock brokerage is a business that will charge you a fee in order to invest your money. The stock brokerage is more or less a go-between, if you will, between you, the investor, and the seller of the stock. You may be able to save some money by buying stock online through firms yourself if you understand how the market works or are willing to take higher risks. Stock brokers may be able to guide you however if you are unsure.
What else can I help you with?
What do I want with my brokerage account?
If you have a brokerage account but you don't know much about investing then a stock broker may be what you need. There are many brokerage firms that can help you with where to invest your money.
What are some good stock brokerage firms?
Some good stock brokerage firms are: eTrade, TradeKing, TD Ameritrade, Firstrade, USAA, Merrill Edge, Scottrade, Just2Trade, Options House, TradeMonster, to name a few. One should compare features of each firm before investing.
Direct stock plans are only offered by brokerage firms.?
Direct stock plans are not exclusively offered by brokerage firms; they can also be provided by companies directly to investors. These plans allow shareholders to purchase stock directly from the company, often at a reduced price or with minimal fees. Additionally, some companies may offer direct stock purchase plans (DSPPs) that enable investors to buy shares without going through a traditional brokerage, making them accessible to a wider audience.
What is a group of stock brokers called?
A Stock Brokerage or Stock Brokerage Firm.
What is the definition of a brokerage firm?
A firm that conducts transactions on the behalf of the client. Brokerage firms derive their profit from commissions. Most brokerage firms must be registered with the SEC.
What business is carried out by stock brokerages?
A stock broker is a person that works at a brokerage firm. These firms are financial institutions that operates by purchasing and selling financial securities between a buyer and a seller.
Who are the best online stock brokerage firms?
The best online stock brokerage firms are, and have been for the past couple of years, TD Ameritrade and ETRADE. When it comes to quality research, trade tools, customer satisfaction, mobile trading, and education these two are the best that any firm has to offer whilst also boasting some of the lowest commissions and fees in the business.
What is a good brokerage in NC for stocks?
There are many brokerage firms that do business in NC. eTrade and Zecco are two online firms that trade stocks.
When must brokerage firms send out 1099s to clients?
Brokerage firms must send out 1099s to clients by January 31st of each year.
Which stock brokerage in NYC has the best trade options?
Some popular New York City stock brokerage firm include American Stock Exchange, International Securities Exchange Holdings, Second Market, the New York Mercantile Exchange and Scottrade. All of these firms offer similar trade options.
Where can I learn about the best brokerage firms?
Not all brokerage firms are created equal. The best brokerage firms are the ones that offer long-term success coupled with a variety of investment options that are tailored to meet your needs. For a list of the top-rated brokerage firms, along with performance history, consider starting with a website like cnnmoney and then compare performance histories on Morningstar.com.
How does discount stock trading work?
Discount stock trading is a service offered by some brokerage firms. In exchange for offering a discounted rate on stock options, the broker or firm receives a commission from whatever earnings are gained.
