E-Trade is a ________ broker because it doesn't offer advice or tax planning and charges a low fee for trades.
A) research-oriented
B) discount
C) transaction based
D) traditional
E) investment

Question

Quizplus · Accepted Answer

E-Trade is considered a discount broker because it offers lower fees for trades without providing investment advice or tax planning services, which are typically offered by full-service or traditional brokers.

E-Trade Is a ________ Broker Because It Doesn't Offer Advice