Should Investors Buy Shares Of Discount Brokers?
The COVID-19 pandemic ushered in a new group of individuals who traditionally stayed away from stocks. New traders and investors with minimal to no market experience started using retail stock brokers that offer free or very cheap services.Q2 2020 hedge fund letters, conferences and moreThis trend was not unique to the United States. For example, stock brokers in Canada have seen massive growth in customer acquisitions as the Canadian dollar fell in value versus the American greenback. Similar to America, Canadian newbie traders and investors were attracted to what seemed like rock-bottom stoc...