On Line Trading and Investing, from Life in the USA: The Complete Guide for Immigrants and Americans

Life in the USA is a complete guide to American life for immigrants and Americans. All materials on this site Copyright © Elliot Essman 2014. All rights reserved.    Home    Back    next

Beautiful American Landscape Paintings By Elliot Essman

Life in the USA
Personal Finance

On Line Trading
Online trading in securities began as a novelty, but has become more the norm in recent years. Some online trading firms exist on an Internet-only basis, while others combine networks of physical offices and advisors with an online presence.

Online trading firms compete heavily with each other and with traditional brokers for business. They compete on price on two levels, the cost per transaction, and their ability to get the customer favorable price levels, for purchases and sales, on the financial markets. They also compete as to the level of services their offer, particularly the ability by customers to access statistical, trend and analysis services online, often with impressive graphical interfaces.

Traditional stockbrokers do give advice, which, despite the level of resources, is usually absent from the world of online trading. The publicís attitude toward advising brokers who earn fees by trading securities for their clients is, at best, somewhat cynical, however, supporting to a large extent the success of online trading.

Next Section: Investment Advisors

Personal Finance: Chapter Home

Life in the USA Home Page.

The URL of this site is:

Building Yourself - Stylegourmet - Linguix
Smokefreekids - Susie Essman

Top of this Page