Before choosing the perfect stock broker as per your requirement, one needs to understand what type of investor he or she is. There are two kinds of stockbrokers, one is full-service stockbrokers and the other is a discount broker.
Discount Brokers offer to provide the minimum trading facility at lower charges and they allow the customer to make real-time and fast decisions, on the other hand, Full-service stockbrokers offer a wide range of services apart from the usual buying and selling, which includes savings account, online trading service, and Demat account opening. Additionally, the full-service stockbrokers will update the investor about the current market trends.
While choosing the best stock broker as per your requirements, the following points must be kept in mind:
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