8
QuizMultiple Choice

Financial Technology and Professional Investment Guidance — Quiz

Question 8 • Personal Finance

What is a discount broker?

Answer
A
Low-cost trading service
B
High-cost advisor
C
Savings tool
D
Tax account

Explanation

A discount broker is a brokerage service that executes trades for relatively low fees, usually with less personalized advice than a full-service broker. Therefore, the correct choice is “Low-cost trading service.”

AI-written and checked against the verified answer.

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