Question- What are the advantages of the e-broker?

Ans.

Advantages of the E-broker

E-broker is one which facilitates buying and selling of a security over an electronic network.

Following are the advantages of using an e-broker-

1. It is convenient to place orders, check quotes and make changes from anywhere.

2. Extra functionality allows monitoring the developments in the market in a comfortable layout by creating your own securities watch-list.

3. The money from sale of shares is immediately available for new investment.

4. It facilitates faster execution of traders helping to take advantage of the volatility in a better manner.

5. He saves money on lower commissions.

6. E-brokers continuously follow your order execution and modify or cancel them within a few seconds. 

7. It is cost effective.

8. Trade can be made directly without using broker's intermediation.

9. E-broker monitors any developments in the market online and in real- time.

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