Rise of the über discount broker

Rise of the über discount broker

The normally placid world of stockbroking is being shaken up by the growing prominence of tech-savvy discount brokers. Last summer Dutch broker, DEGIRO, made a splash when it began offering the cheapest share dealing available in the UK. And in December, the London based discount broker iDealing became the first brokerage in Europe to offer free stock trading. The company launched a zero-commission service on the Belgian, Dutch and French Euronext markets, allowing investors to trade stocks, bonds, exchange traded funds (ETFs) and some derivatives listed in these markets, for absolutely nothing.

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