What is the largest discount broker in the US?

The largest discount broker in the US is Fidelity Investments. Fidelity has over 42 million individual investors and over $11 trillion in assets under management. Should I use a discount broker?

Are online brokerages a discount broker?

Online brokerages are discount brokers. They aren't in the business of giving you advice or phoning you up with stock picks. Instead, discount brokers focus on the very basic service of helping you buy or sell a stock (or other type of investment) from the convenience of your own home.

Are discount brokers suitable for beginners?

Discount brokers are not full service brokers and hence not suitable for beginners or those who want to invest and are new to the market. Discount brokers are mainly operating through online platforms and charge a smaller commission to traders with smaller capital. Lately, discount brokerage has become a common term in the financial world.

What is the cheapest broker in the US?

The cheapest commission brokerage is Robinhood. It charges no commissions on stocks, ETFs, options or crypto, as well as no contract fees on options. What is the largest discount broker in the US? The largest discount broker in the US is Fidelity Investments.

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