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Share Broker

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Share broker
A discount broker who charges per share traded, and reduces the per unit charge as the number of shares traded increases, as opposed to a dealer who charges a percentage of the dollar amount of the trade.

Share Broker
A broker or brokerage that charges a flat fee per each share that one trades, rather than a percentage of the whole value of the trade. This can result in lower transaction costs for an investor and, for that reason, appeals to those seeking a discount broker.


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