Deep discount brokers, an even cheaper service, should only be considered by those who know the investment market well and do not need anything aside from the execution of stock sales and buys.
deep discount broker A brokerage that offers lower commissions than a discount broker, but also provides... deep in the money An option that is so far in the money that the chances of it going out of the money prior to expiration are small.
There are two types to choose from including an online discount broker and a deep discount broker. The difference between these two types of brokers is their commission fees.
You should note the difference between a deep discount broker who only takes your orders and a discount broker who may give you some research facility.
discount brokers, the main difference being the extent and depth of the services they provide and the much greater cost to do business with full service brokers than with discount brokers. Some of the latter can be considered as deep discount brokers.
 See also: Market, Offer, Deep discount, Discount, Discount broker
  
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