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Online Brokerages

An online broker executes orders to buy and sell currencies, stocks, mutual funds and related instruments, either for a commission or on a spread. Brokers are agents working on commission, not agents acting on their own account. There are several major global brokers. Discount online brokerages offer basic financial information and research, but do not recommend specific investments. With an online brokerage, you can place limit or market orders for a small fee. When selecting a online broker, research the fee structure and the guaranteed execution speed.