Online stock brokers offer the facility of trading through the internet. Almost all the brokerage firms offer investors the flexibility of trading stocks online via the Internet. Online stock brokers maintain a website which is used for entry and execution of orders in a real-time system.
The order handling costs for online stock brokers are lot less and therefore the commissions charged tend to be significantly lower than for traditional stock brokers. The other benefit offered by the online stock brokers is the online and real-time price, news, and research.
Related Terms: Brokerage Firm – Brokerage Account