Home Daily Brief  Stock Market Guide   Get in Touch   
Articles & Reports
Learn how to Invest
Investing Terms
Investing e-Books
Investing Calculators
Quotes & Forex
Investing in Art
Contact Information
The GreekShares.com - Investing Education - Real Simple Syndication
Stock Investing Course
What Is RSS?
Site ap
Risk Tolerance Quiz
The Newsletter

Stock Brokers and
the Commissions they Charge

Nothing revolutionized the stock market more than the elimination of fixed commissions.

Ever since the fixed rates were abolished, brokerage firms have competed with each other to offer customers the best rates and services.

Consequently, commission rates available to investors vary greatly.

Stock Brokers and the Commissions they Charge

Stock Brokers' commissions differ not only from firm to firm, but also within a particular firm.

They can vary depending on the size of the transaction, the volume of business done by the customer, the services the broker may perform for the customer, or a combination of these and other factors.

Investors should feel free to request a full explanation of rates and to shop around for the rates and services most suited to their needs.

One factor to consider in selecting a broker is the type of service you need.

Some investors may want a "full service" broker who provides securities research services and investment recommendations according to the investor's individual situation.

The stockbroker takes into consideration such things as the amount of money being invested, whether the investment is to be long term or short term, the estimated risks and rewards, and how these match the investor's goals.

Another investor who already knows enough about the market to make decisions without a broker's advice may need only a broker to execute a transaction.

Stock Brokers and the Commissions they Charge 2

While most brokers may adjust their rates from time to time, so-called "discount" brokers charge substantially discounted rates and generally confine their services to executing of orders at the investor's direction.

Usually, discount stock brokers do not provide research or other services for their customers. Ask the experts! Seek professional help if you need it.

As the commissions shrink, professional advice is no longer expensive.

Even if you are a do-it-yourselfer, consider a periodic checkup with a financial adviser to tune your portfolio's performance!




forgot password
Stay updated, sign up for our free newsletter to receive useful tips.

Change Image
ype the above characters exactly as you see them in the field below.