Most discount brokers are on salary and charge lower commissions.
You get less support, but can enjoy substantial savings via lower rates. With most discount brokers, you can purchase stocks and bonds, trade options , money markets, set up margin accounts , IRAs and invest in most of the financial instruments offered by full service brokers. Remember that with most no-load mutual funds you can buy directly from the fund and avoid any commissions. For more information on discount brokerages see your Investors Alliance discount broker bonus report.