Define the Concept of Online Trading

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The concept of online trading is the idea that investing in commodities, the foreign exchange and the stock market can be done through the Internet, without direct contact from a stockbroker. Get quotes, research and trading tools through an online platform for investors with advice from an investment portfolio manager in this free video on investing.

Part of the Video Series: Investing & Retirement Funds
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Video Transcript

So what is the concept of online trading? Wel online trading is trading in either commodities, foreign exchange, stock market, so forth and doing that on a platform that is on a computer and using brokerage houses platform that they have put on the internet for clients to use so you do your trading without the use of a broker that you are in personal contact with and you are not having to physically really leave your home. Wherever the computer is located that is the platform you use for trading, that's your trading floor, that is where you get your quotes, your research. The idea behind online trading is to make trading more accessible to the general public and also by doing that and doing the volume of transactions a brokerage house can bring down the costs of the expense so you may actually be able to find your least expensive trades online on one of the computer trading platforms that is available today.


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