6. Features of different broker types Aa Aa How Do Transactions Work in the Securities Markets? Transactions involving buying and selling securities are conducted through stockbrokers who are also known as account executives or financial consultants. When choosing a stockbroker, investors can choose from three primary types: f service brokers, discount brokers, and online brokers Brokers who offer a complete array of services such as advisory services along with executing client's transactions are called While some brokers still operate exclusively in person or exclusively online, the distinction between the three types has become increasingly over the years. The chart that follows shows fees imposed by different discount brokers, as you can see, of them offer both online and broker-assisted trades. ShareCo AmeriTrading Trade Builder Share Funder eExchange Commission for Online Trades $9.95 Market Order Price $7.95 $9.99 $7.95 $9.99 $9.95 Limit Order Price $7.95 $9.99 $7.95 $9.99