When an investor takes an account with a licensed brokerage firm that allows the investor to deposit money and place investment orders through the brokerage firm.
There are several different types of brokerage accounts. Full-service brokers provide investment advice and charges high fees for their services. Most online brokers provide less services at a far lower cost. They offer brokerage accounts with a secure interface were the investors can place trade orders.
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Learn To Trade Mutual Funds
