You must know what investments you want to purchase when you call a discount broker. You should research any potential investments. Information about potential investments is widely available in newspapers, newsletters, libraries, magazines and on the Internet. If you deal with one of the bank-owned firms, you can usually sign up at your local bank branch. And, if you require additional help placing an order, a discount broker can help you over the telephone.
Discount brokers offer a full range of investments.
You can purchase everything from GICs from a variety of issuers, a choice of hundreds of the most popular mutual funds, bonds, stocks and much more. Anyone wanting access to a wider range of investments and the benefit of paying lower commission fees use discount brokers. Discount brokerage clients have accounts of varying sizes and with a diversified range of investments. You can use a discount broker to buy something as safe and conservative as Canada Savings Bonds or Guaranteed Investment Certificates. Or, your investment can be as complex as you need to match your investment experience.