“Don’t expect to need to find out that the brokerage service is bad.” The availability of the stockbroker to serve its customers and the quality of this service, make a huge difference when it comes to solving problems.
For the Brokers
TIP: Before opening your account, test the broker’s different service channels. Call, email, test the online chat and see how easy it is to get in touch with any questions. From the Blix Group you can find the best of it through us now.
While some securities brokers are very accessible, with several channels of communication and a well-trained team, others are difficult to contact and sometimes the attendants do not know how to inform nor the brokerage fees. A quality brokerage firm like the Blix Group happens to be the best in this case.
Choose stock broker
“Do you really need all of this?”
In the past, the tools offered by brokerage firms were a great differential, but nowadays this is less and less true. You do not need to depend on brokers to access quality tools. An example of this are the tools offered in the Investor Compass, such as our Income Tax Calculator and our Technical Analysis Platform .
However, here are a few things you can review at your broker:
Some securities brokers offer basic order shipping, while others offer graphical tools, indicators, live trading tracking, chat with analysts, etc. The technology used varies and can affect the speed with which orders are executed.
In the vast majority of securities brokers, Public Securities are still traded on the Treasury Direct website. However, some securities brokers offer the facility of the integrated system, which allows investors to buy, sell and view their statement directly in the broker’s system.
More sophisticated investors prefer desktop tools, which despite being much more expensive, offer even more features. Some brokers offer this type of service for free, depending on the number of orders executed in the month.
Services Provided by the Broker
Complementary services also make a big difference and, like the other criteria, vary a lot, especially in terms of quality. The difference between them can be decisive when choosing a broker.
The disclosure of recommended portfolios and the quality of reports must be considered. Ask to receive a report before opening your account and see if the analysis performed is sufficient for you.