Frustration builds, watching the time glass can give you grey hairs. Your brokerage's web-site. Also, a bigg issue about online trading in general, it be purchasing a book, a toy or a stock, is data security. Just like other people can get a hold of your credit card number over the internet, poeple often can, if they really try, find out what your account number and password on your brokerage account is. If the investor does not want any risk associated with his securities trading, he should avoid most online brokerages.
Traditional brokerages are expensive, that is, in comparison with internet brokerages.
These costs vary widely depending on the service the investor requires or expects. Deep discount brokerages can offer relatively cheap broking, while the big companies such as Morgan Stanley charge the investor much higher fees. When it comes to costs, online brokerages have been highly appraised by the public. Online trading has exploded over the last three years, with new brokerages starting business all over the world wide web. Since internet companies are much less labor intensive than traditional brokeages, they can allow the investor to place market orders for much less than at a traditional brokerage, even the Deep discount brokerages.