See the top 13 Ranked Execution Only Stockbrokers
What is an Execution Only Stockbroker?
An execution stock broker as the names suggests offers no advice and will deal only on your instruction. As no advice is offered or given the fees are usually lower compared to an advisory broker.
Top Tips:
- As this is an execution only service ensure you know what you are buying and how much it will cost.
- When placing an order remember that small cap companies have a recommended market size, this is the quantity of stock that can be guaranteed at a certain price. If you wish more stock than this you must be prepared to pay more, in some cases a lot more.
- If you have a price in mind you wish to pay ask the broker to place a limit on what you are prepared to pay.
- There is an awful lot of jargon in the world of finance, don’t be frightened to ask if you don’t understand.