5. Features of different broker types Aa Aa E How Do Transactions Work in the Securities Markets? Transactions involving buying and selling securities are conducted through stockbrokers who are also known as account executives or financial consultants. When choosing a stockbroker, investors can choose from three primary types: full-service brokers, discount brokers, and online brokers. Brokers who charge low overheads, low fees and commissions but offer no additional services other than executing trade transactions are called While some brokers still operate exclusively in person or exclusively online, the distinction between the three types has become increasingly over the years. The chart that follows shows fees imposed by different discount brokers; as you can see, of them offer both online and broker-assisted trades. AmeriTrading TradeBuilder SharefundereExchange ShareCo Commission for Online Trades Market Order Price $7.95 Limit Order Price $7.95 $9.99 $9.99 $9.99 $7.95 $7.95 $9.95 $9.95 $9.99 $9.99 Commission for Broker-Assisted Trades Market Order Price Limit Order Price $20.00 $20.00 $44.99 $44.99 $32.95 $32.95 $19.95 $19.95 $54.99 $54.99 to shop Because the fees charged for broker-assisted trades around before choosing a broker. Suppose you are a serious investor with large amounts of capital and prefer to deal directly with an in-person stockbroker. Which of the following statements regarding your options are true? Check all that apply. Brokers prefer working with you if you're a buy-and-hold investor. Active traders can generally negotiate reduced fees. The commissions charged on buy and sell orders are non-negotiable. Choosing a discount broker can save 30-80% of the commissions charged by full-service brokers. This is a better option than online brokers for those who want services beyond simply executing trades