Zero Brokerage Trading vs Traditional Brokerage: Which is Right for You?
You’ve been saving up and are ready to make your money work for you, but you’re not sure where to start. Should you use one of those apps with no fees or go with a company that offers professional advice? Maybe you’re someone who wants to grow your money for short-term goals, like a new bike or video game, or for something bigger down the road, like college or a car. Either way, you want to make the right choice without wasting time or money. By reading this, you’ll learn the differences between zero brokerage platforms and traditional brokerages. You’ll see how each works, the pros and cons of both, and how to choose what fits your needs. By the end, you’ll feel confident about taking the first step in your investing journey, whether that means saving on fees or getting expert help to reach your big goals. What Is Zero Brokerage Trading? Zero brokerage means trading or investing without paying fees for every transaction. Unlike traditional brokerages that charge a fee or commis...