Newbie question: Types of Brokers

Discussion in 'Retail Brokers' started by jahmic, Dec 23, 2006.

  1. jahmic


    I'm just getting back into active trading.

    I'm used to dealing with firms such as e-trade, td waterhouse, etc. What is the difference of these and 'direct retail' & 'prop firms'.

    The speed and accuracy of information is, for now, somewhat important, but low costs (commissions, etc) for an someone who trades a lot intermittently is a greater concern.

    Just a brief overview is fine for now.