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15 November, 11:02

Which of the following most accurately describes the difference between a

discount broker and a full-service broker?

O

A. Discount brokers can only buy and sell common stocks

O

B. Discount brokers don't give investment advice or do stock market

analysis

O

C. Discount brokers pay taxes on a smaller percentage of their

earnings

O

D. Discount brokers get reduced prices on shares for their larger

customers

+3
Answers (2)
  1. 15 November, 11:14
    0
    B. Discount brokers don't give investment advice or do stock market analysis

    Explanation:

    Discount brokers are stockbrokers who carry out buy ad sell orders at a reduced commission rate; that is to say, they just execute orders for their clients and do not provide investment advice or perform analysis on a client's behalf. However, full-service brokers are licensed financial broker-dealers that provide more services to their clients. Those services include research and advice, retirement planning, tax tips, and more.
  2. 15 November, 13:11
    0
    B. Discount brokers don't give investment advice or do stock market analysis.

    Explanation:

    Because they don't?
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