Cryptheory: Crypto and Internet

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Stock Trading Software Versus a Stock Broker

2 min read

Which one should you chose?

When it comes to tradings stocks online there are 2 main choices you can have.

1. Hire a stocks broker to do all of your investing for you by buying and selling stocks for you.

2. Learn to create your own online trading account with one of the several online trading companies. Then invest in a stock trading software and learn how to use it.

Here are some of the pros and cons of the 2 choices.

When you are choosing a stock broker you are entrusting that they know and care about what they are doing for you as the investor. The one main problem today is that the brokers are over extended with more clients than they can realistically hand properly. There fore you the investor are not really getting the true care and attention to your investments that you need and deserve, in order to get the return on your investment that could potentially be there for you.

The other side of the coin is more and more people are starting to take charge of their investments by creating their own online account with one of the many online stock trading companies. You can do this in a matter of just a few minutes. Then you can invest in a stock trading software. One of the key benefits is the software is programmed to recognize trends in the market and alert you to which stocks would be a good choice to invest in.

This saves you having to spend endless amounts between studying different companies and you personally having to watching the stocks online. It becomes a more productive way to trade stocks and you yourself are in control and not having to pay a commission to a stock broker.

Beth Schmader

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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