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Definition of Discount broker and brokerage

Definition: Discount broker and brokerage - An individual or company, who executes trade in lower prices then full services prices is called Discount Broker. And the financial advice and market research, which is provided to their customers in less prices rather than full prices is called Discount brokerage. It means entire financial services for buying and selling trades, which is provided by brokers in less prices then full services.

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