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Types of stock brokers

Discount Stockbroker

Discount stockbrokers provide financial products, access to mutual funds, banking products, and other services. A discount stockbroker offers many products and services that are similar to a full-service stockbroker, but with smaller commissions.

Hence, swing traders and day traders who are more active may find discount stockbrokers appealing. Moreover, the platforms serve active day traders and investors; hence, they provide more research tools and trading options than full-service platforms.

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