Features of different types of brokers

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 have three primary options: full$-$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 online, the distinction between the three types has become increasingly $q,$ over the years. The chart that follows shows fees imposed by different discount brokers; as you can see, $q,$ of them offer both online and brokerassisted trades.

$\backslash$table$[[,$Broker$],[,$ShareCo,AmeriTrading,TradeBuilder,ShareFunder,eExchange$],[$Commission for Online Trades$],[$Market Order Price,$$7\mathrm{.}95,$$$9\mathrm{.}99,$$$7\mathrm{.}95,$$$9\mathrm{.}95,$$$9\mathrm{.}99$

Answers for $1-$full service brokers,online brokers, discount brokers

Answer options $2-$clearer, blurred

Answer options $3-$all,some