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  Monday November 20, 2017

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ONLINE BROKERAGE HOUSES
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The introduction of online brokerage services has changed the rules considerably in the brokerage industry. Technically speaking, online brokerage services can be classified into the categories of full-service, discount, and deep-discount. However, the cost effectiveness of this new medium has allowed many brokerage houses to expand their services while reducing their prices. Many online brokers are beginning to offer services comparable to those of full-service brokers (such as online research materials and online educational materials) at prices similar to or below those of discount or deep-discount brokers.

When you are choosing the broker and brokerage house that are right for you, it is important to consider all the options. You should select the type of brokerage firm based upon the kind of trading you plan to do and services you require.

Once you have found the right brokerage house, it is time to learn how to make a trade.




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