• Investors have different needs and should choose their brokerage firms accordingly.
  • Investors who require serious guidance and support can benefit from partnering with a full-service brokerage firm that charges higher commissions.
  • Full service firms charge either a flat fee for their services based on the size of the account or a commission on the transactions they make.
  • Online brokerage companies charge lower fees and are suitable for investors who wish to conduct their own trades.