0 Anonymous Asked: November 18, 2020In: Finance How to choose the best online investment broker? 0 How to choose the best online investment broker? Share Facebook 2 Answers Voted Oldest Recent Dhanesh Bendre 0 Questions 7 Answers 0 Best Answers 35 Points View Profile Dhanesh Bendre Added an answer on August 27, 2021 at 8:12 am Profitable investing requires you use a brokerage service that aligns with your investing goals, educational needs and learning style. Especially for new investors, selecting the best online investment broker that fits your needs can mean the difference between an exciting new income stream and frustrating disappointment. While there’s no sure-fire way to guarantee investment returns, there is a way to set yourself up for success by selecting the online brokerage that best suits your needs. KEY TAKEAWAYS : Access to the financial markets is easy and inexpensive thanks to a variety of discount brokers that operate through online platforms. Different online brokers are optimized for a different type of client—from long-term buy-and-hold novices to active and sophisticated day traders. Choosing the right online broker requires some due diligence to get the most for your money. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp devangthakkar 0 Questions 101 Answers 0 Best Answers 229 Points View Profile devangthakkar Added an answer on November 18, 2020 at 2:39 am Factors to consider while choosing an online investment broker are as follows: 1. Get to know what is your need – Before you start investing you should finalize your financial goals. 2. Find out the fees of the broker – Get a clear idea about the fees the broker will be charging you for trading. 3. Test broker’s platform – Test the tools and resources offered by the broker to get an overall idea about the platform These are some pointers one should keep in mind while choosing an online investment broker. I would also tell you to get guidance from your relatives or friends who are already in the fields of investments for many years. They can also provide you the good investment knowledge. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.