Glossary
Opinions
Articles
Beginners Course
Lecture Modules - PDS
Exams
New Highs
Winning Shares
Lecture Modules - Resellers
About - Background Approach
Privacy Policy
Daily Quiz
Software Download Steps
Logout
Dashboard
Log out
A stockbroking firm that mainatins a research department that does research on behalf of its clients and then charges higher brokerage fees. With the advent of online broking, discount brokers provide a platform where their clients can transact online at very low brokerage rates. A few firms do maintain research departments which produce research for their institutional clients. When selecting a broker you should compare brokerage rates. In our view, there is no point in paying higher brokerage rates as a private investor.