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Deep Discount Broker  

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Deep discount broker is a type of the brokerage firm that offers relatively low commission rates. Commission rates offered by deep discount brokers are even lower than those offered by traditional discount brokers.

Deep discount brokers tend to offer relatively fewer services and are useful for the investors that are mainly looking for execution of transactions. Deep discount brokers normally charge a flat fee per transaction.

Related Terms: Brokerage Commissions - Online Stock Broker




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