Global Discount Brokerage Market Report 2024

Discount Brokerage Global Market Report 2024 – By Mode (Online Discount Brokerage Service, Offline Discount Brokerage Service), By Service (Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources), By Commission (Commission-Free Brokers, Fixed Commission Brokers), By Application (Individual, Enterprise, Government Agencies) – Market Size, Trends, And Global Forecast 2024-2033

Discount Brokerage Global Market Report 2024

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Discount Brokerage Market Definition

Discount brokerage refers to a type of brokerage service that allows investors to buy and sell securities, such as stocks and bonds, at reduced commission rates compared to full-service brokers. These services offer fewer advisory and personalized services, focusing instead on executing trades for clients at lower costs. Discount brokers provide online trading platforms, allowing investors to manage their portfolios and make investment decisions independently, making them an attractive option for cost-conscious and self-directed investors.

The main modes in the discount brokerage market are online and offline discount brokerage services. An online discount brokerage service is a financial service that allows investors to buy and sell securities, such as stocks, bonds, and ETFs, via an online platform at lower commission rates compared to traditional full-service brokers. These services include order execution, advisory, discretionary management, online trading platforms, and educational resources for investors. They offer various commission structures, such as commission-free and fixed commission brokers. The applications encompass individual investors, enterprises, and government agencies.

Discount Brokerage Market Segmentation

The discount brokerage market covered in this report is segmented –

1) By Mode: Online Discount Brokerage Service, Offline Discount Brokerage Service

2) By Service: Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources

3) By Commission: Commission-Free Brokers, Fixed Commission Brokers

4) By Application: Individual, Enterprise, Government Agencies

Global Discount Brokerage Market Size 2023 to 2028: Graph

Discount Brokerage Market Size 2024 And Growth Rate

The discount brokerage market size has grown strongly in recent years. It will grow from $23.6 billion in 2023 to $25.63 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to zero-commission trades, expansion of fractional shares, increasingly offer cryptocurrency trading options, expand their educational offerings, and increasing disposable income.

Discount Brokerage Market Growth Forecast

The discount brokerage market size is expected to see strong growth in the next few years. It will grow to $35.76 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to use of gamification techniques, focus on retirement planning and savings, focus on sustainable and impact investing, expansion of high-speed internet access, and lower operational costs. Major trends in the forecast period include blockchain technology, artificial intelligence, personalization of services, integration of fintech solutions, and advanced analytics tools.

Discount Brokerage Market Driver: Increasing Retail Investor Participation Fueling Discount Brokerage Market Expansion

The growing number of retail investors is expected to propel the growth of the discount brokerage going forward. Retail investors are individual, non-professional investors who buy and sell securities, such as stocks, bonds, mutual funds, and other financial instruments, for their personal accounts rather than for an organization or institution. Retail investors are in light with the rise of technology-based platforms and services that have made investing more accessible and appealing to a wider audience. Discount brokerage services reduce trading costs for retail investors by offering low fees, enabling more people to participate in the stock market and manage investments independently. For instance, in October 2022, according to the World Economic Forum, a Switzerland-based non-governmental organization, retail investors represented 52% of global assets under management in 2021, and this figure is projected to increase to more than 61% by 2030. Therefore, the growing number of retail investors is driving the growth of the discount brokerage market.

Global Discount Brokerage Market Major Players

Major companies operating in the discount brokerage market are Fidelity Investments Inc., Charles Schwab Corporation, Ally Financial Inc., TD Ameritrade Holding Corporation, Interactive Brokers Group Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, SoFi Technologies Inc., Robinhood Markets Inc., IG Group Holdings plc, Citadel Securities LLC, NerdWallet Inc., Acorns Grow Inc., TradeStation Group Inc., Apex Fintech Solutions LLC, Stash Financial Inc., Saxo Bank A/S, Public Holdings Inc., Wealthfront Inc., Alice Blue Financial Services Private Limited, Folio Investments Inc., OANDA Corporation, eOption, Tastytrade Inc., Zacks Investment Research Inc.

Global Discount Brokerage Market Trend: Advancements in Trading Platforms Drive Growth in the Discount Brokerage Market

Major companies operating in the discount brokerage market are focusing on developing advanced web-based trading platforms to enhance trading efficiency. A web-based trading platform is an online software application that allows users to buy and sell financial instruments, such as stocks, bonds, options, futures, and cryptocurrencies, over the internet. For instance, in September 2023, HDFC Securities, an India-based financial services company, launched HDFC SKY. HDFC SKY is a discount broking all-in-one mobile app with a flat pricing model for intraday and delivery trades. It offers access to various investment options and includes advanced technology for a seamless trading experience.

Discount Brokerage Market Merger And Acquisition: Mirae Asset Securities Co. Acquires Sharekhan to Expand in India's Retail Brokerage Market

In December 2023, Mirae Asset Securities Co., a South Korea-based capital market company, acquired Sharekhan for $360 million. Mirae Asset Financial Group's acquisition of Sharekhan Ltd. aims to strengthen its presence in India's rapidly growing retail brokerage market and to lead the Indian securities industry as part of its global expansion strategy. Sharekhan is an India-based financial services company specializing in online stock trading and discount brokerage services.

Regional Insights For The Global Discount Brokerage Market

South America was the largest region in the discount brokerage market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the discount brokerage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the discount brokerage market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The discount brokerage market includes revenues earned by entities by providing services such as executing buy and sell orders, offering digital trading platforms, supplying educational resources and investment tools, and delivering basic account management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The discount brokerage market research report is one of a series of new reports from The Business Research Company that provides discount brokerage market statistics, including the discount brokerage industry global market size, regional shares, competitors with discount brokerage market share, detailed discount brokerage market segments, market trends, and opportunities, and any further data you may need to thrive in the discount brokerage industry. These discount brokerage market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Discount Brokerage Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $25.63 billion
Revenue Forecast In 2033 $35.76 billion
Growth Rate CAGR of 8.7% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Mode: Online Discount Brokerage Service, Offline Discount Brokerage Service
2) By Service: Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources
3) By Commission: Commission-Free Brokers, Fixed Commission Brokers
4) By Application: Individual, Enterprise, Government Agencies
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Fidelity Investments Inc., Charles Schwab Corporation, Ally Financial Inc., TD Ameritrade Holding Corporation, Interactive Brokers Group Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, SoFi Technologies Inc., Robinhood Markets Inc., IG Group Holdings plc, Citadel Securities LLC, NerdWallet Inc., Acorns Grow Inc., TradeStation Group Inc., Apex Fintech Solutions LLC, Stash Financial Inc., Saxo Bank A/S, Public Holdings Inc., Wealthfront Inc., Alice Blue Financial Services Private Limited, Folio Investments Inc., OANDA Corporation, eOption, Tastytrade Inc., Zacks Investment Research Inc.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Discount Brokerage Market Characteristics

    3. Discount Brokerage Market Trends And Strategies

    4. Discount Brokerage Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Discount Brokerage Market Size and Growth

    5.1. Global Discount Brokerage Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Discount Brokerage Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Discount Brokerage Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Discount Brokerage Market Segmentation

    6.1. Global Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Online Discount Brokerage Service

    Offline Discount Brokerage Service

    6.2. Global Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Order Execution And Advisory

    Discretionary

    Online Trading Platforms

    Education And Investor Resources

    6.3. Global Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Commission-Free Brokers

    Fixed Commission Brokers

    6.4. Global Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Individual

    Enterprise

    Government Agencies

    7. Discount Brokerage Market Regional And Country Analysis

    7.1. Global Discount Brokerage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Discount Brokerage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Discount Brokerage Market

    8.1. Asia-Pacific Discount Brokerage Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Discount Brokerage Market

    9.1. China Discount Brokerage Market Overview

    9.2. China Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Discount Brokerage Market

    10.1. India Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Discount Brokerage Market

    11.1. Japan Discount Brokerage Market Overview

    11.2. Japan Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Discount Brokerage Market

    12.1. Australia Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Discount Brokerage Market

    13.1. Indonesia Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Discount Brokerage Market

    14.1. South Korea Discount Brokerage Market Overview

    14.2. South Korea Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Discount Brokerage Market

    15.1. Western Europe Discount Brokerage Market Overview

    15.2. Western Europe Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Discount Brokerage Market

    16.1. UK Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Discount Brokerage Market

    17.1. Germany Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Discount Brokerage Market

    18.1. France Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Discount Brokerage Market

    19.1. Italy Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Discount Brokerage Market

    20.1. Spain Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Discount Brokerage Market

    21.1. Eastern Europe Discount Brokerage Market Overview

    21.2. Eastern Europe Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Discount Brokerage Market

    22.1. Russia Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Discount Brokerage Market

    23.1. North America Discount Brokerage Market Overview

    23.2. North America Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Discount Brokerage Market

    24.1. USA Discount Brokerage Market Overview

    24.2. USA Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Discount Brokerage Market

    25.1. Canada Discount Brokerage Market Overview

    25.2. Canada Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Discount Brokerage Market

    26.1. South America Discount Brokerage Market Overview

    26.2. South America Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Discount Brokerage Market

    27.1. Brazil Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Discount Brokerage Market

    28.1. Middle East Discount Brokerage Market Overview

    28.2. Middle East Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Discount Brokerage Market

    29.1. Africa Discount Brokerage Market Overview

    29.2. Africa Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Discount Brokerage Market Competitive Landscape And Company Profiles

    30.1. Discount Brokerage Market Competitive Landscape

    30.2. Discount Brokerage Market Company Profiles

    30.2.1. Fidelity Investments Inc.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Charles Schwab Corporation

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Ally Financial Inc.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. TD Ameritrade Holding Corporation

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Interactive Brokers Group Inc.

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Discount Brokerage Market Other Major And Innovative Companies

    31.1. Merrill Lynch, Pierce, Fenner & Smith Incorporated

    31.2. SoFi Technologies Inc.

    31.3. Robinhood Markets Inc.

    31.4. IG Group Holdings plc

    31.5. Citadel Securities LLC

    31.6. NerdWallet Inc.

    31.7. Acorns Grow Inc.

    31.8. TradeStation Group Inc.

    31.9. Apex Fintech Solutions LLC

    31.10. Stash Financial Inc.

    31.11. Saxo Bank A/S

    31.12. Public Holdings Inc.

    31.13. Wealthfront Inc.

    31.14. Alice Blue Financial Services Private Limited

    31.15. Folio Investments Inc.

    32. Global Discount Brokerage Market Competitive Benchmarking

    33. Global Discount Brokerage Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Discount Brokerage Market

    35. Discount Brokerage Market Future Outlook and Potential Analysis

    35.1 Discount Brokerage Market In 2028 - Countries Offering Most New Opportunities

    35.2 Discount Brokerage Market In 2028 - Segments Offering Most New Opportunities

    35.3 Discount Brokerage Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Discount Brokerage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Discount Brokerage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Fidelity Investments Inc. Financial Performance
  • Table 76: Charles Schwab Corporation Financial Performance
  • Table 77: Ally Financial Inc. Financial Performance
  • Table 78: TD Ameritrade Holding Corporation Financial Performance
  • Table 79: Interactive Brokers Group Inc. Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Discount Brokerage Market, Segmentation By Commission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Discount Brokerage Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Discount Brokerage Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Discount Brokerage Market, Segmentation By Mode, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Discount Brokerage Market, Segmentation By Service, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Discount Brokerage Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Fidelity Investments Inc. Financial Performance
  • Figure 76: Charles Schwab Corporation Financial Performance
  • Figure 77: Ally Financial Inc. Financial Performance
  • Figure 78: TD Ameritrade Holding Corporation Financial Performance
  • Figure 79: Interactive Brokers Group Inc. Financial Performance
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Frequently Asked Questions

What is the definition of the discount brokerage market?

Discount brokerage refers to a type of brokerage service that allows investors to buy and sell securities, such as stocks and bonds, at reduced commission rates compared to full-service brokers. These services offer fewer advisory and personalized services, focusing instead on executing trades for clients at lower costs. Discount brokers provide online trading platforms, allowing investors to manage their portfolios and make investment decisions independently, making them an attractive option for cost-conscious and self-directed investors. For further insights on the discount brokerage market, request a sample here

How will the discount brokerage market drivers and restraints affect the discount brokerage market dynamics? What forces will shape the discount brokerage industry going forward?

The discount brokerage market major growth driver - Increasing Retail Investor Participation Fueling Discount Brokerage Market Expansion. For further insights on the discount brokerage market, request a sample here

What is the forecast market size or the forecast market value of the discount brokerage market?

The discount brokerage market size has grown strongly in recent years. It will grow from $23.6 billion in 2023 to $25.63 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to zero-commission trades, expansion of fractional shares, increasingly offer cryptocurrency trading options, expand their educational offerings, and increasing disposable income. The discount brokerage market size is expected to see strong growth in the next few years. It will grow to $35.76 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to use of gamification techniques, focus on retirement planning and savings, focus on sustainable and impact investing, expansion of high-speed internet access, and lower operational costs. Major trends in the forecast period include blockchain technology, artificial intelligence, personalization of services, integration of fintech solutions, and advanced analytics tools. For further insights on the discount brokerage market, request a sample here

How is the discount brokerage market segmented?

The discount brokerage market is segmented
1) By Mode: Online Discount Brokerage Service, Offline Discount Brokerage Service
2) By Service: Order Execution And Advisory, Discretionary, Online Trading Platforms, Education And Investor Resources
3) By Commission: Commission-Free Brokers, Fixed Commission Brokers
4) By Application: Individual, Enterprise, Government AgenciesFor further insights on the discount brokerage market,
request a sample here

Which region has the largest share of the discount brokerage market? What are the other regions covered in the report?

South America was the largest region in the discount brokerage market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the discount brokerage market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the discount brokerage market, request a sample here.

Who are the major players in the discount brokerage market?

Major companies operating in the discount brokerage market are Fidelity Investments Inc., Charles Schwab Corporation, Ally Financial Inc., TD Ameritrade Holding Corporation, Interactive Brokers Group Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, SoFi Technologies Inc., Robinhood Markets Inc., IG Group Holdings plc, Citadel Securities LLC, NerdWallet Inc., Acorns Grow Inc., TradeStation Group Inc., Apex Fintech Solutions LLC, Stash Financial Inc., Saxo Bank A/S, Public Holdings Inc., Wealthfront Inc., Alice Blue Financial Services Private Limited, Folio Investments Inc., OANDA Corporation, eOption, Tastytrade Inc., Zacks Investment Research Inc. For further insights on the discount brokerage market, request a sample here.

What are the key trends in the discount brokerage market?

Major trend in the discount brokerage market - Advancements in Trading Platforms Drive Growth in the Discount Brokerage Market. For further insights on the discount brokerage market, request a sample here.

What are the major opportunities in the discount brokerage market? What are the strategies for the discount brokerage market?

For detailed insights on the major opportunities and strategies in the discount brokerage market, request a sample here.

How does the discount brokerage market relate to the overall economy and other similar markets?

For detailed insights on discount brokerage market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the discount brokerage industry?

For detailed insights on the mergers and acquisitions in the discount brokerage industry, request a sample here.

What are the key dynamics influencing the discount brokerage market growth? SWOT analysis of the discount brokerage market.

For detailed insights on the key dynamics influencing the discount brokerage market growth and SWOT analysis of the discount brokerage industry, request a sample here.