Pros And Cons of Using Discount Brokers
It is not just the customers who shop during the sale that are looking for discounts. People looking to invest in the share market with capital are also looking to invest in stocks with low prices. Thanks to the discount brokers that are firms providing shares to investors in a considerably low commission on transactions but with no additional service like investment advice for them.Compared to a decade ago, more and more individual investors are flocking towards discount brokers. But is it all right to open a Demat account online with discount brokers?Let’s take a look at the Pros and Cons of using discount brokers.Pros Of Using Discount BrokersLow Commissions: The primary benefit of using discount brokers is that they charge low commissions on transactions of your shares....