Finding Discount Stockbrokers

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The best way to find discount stockbrokers is to go online or to a bookstore and read up on how discount stockbrokers do business. Learn about the competition between discount stockbrokers with help from a registered financial consultant in this free video on investing and money management.

Part of the Video Series: Investment Basics
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Video Transcript

This is financial adviser Patrick Munro talking about finding discount stockbrokers. Finding discount stockbrokers is an important fact in life. It's great not to pay a high fee for trading stock. The best way to do that is to go online or go to a bookstore, there are many books that talk about the various discount stockbrokers and how they do business. Their terms and conditions, the minimum amount of trades involved. Many of these discount brokers will compete amongst each other to give you so many free trades if you'll only open an account with them. And it's a very, very competitive business. Recently I saw a discount broker offer a free Blackberry cellphone if you would open an account of a certain value with them and they would give you some free trades to go along with that as well. So it's important to get the knowledge, use the Internet as the quickest way to do that. I find that's always the best way. And this way you can find a discount broker that is good for you and your investment fitting. This is financial adviser Patrick Munro talking about how to find discount brokers.


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