When a small brokerage firm goes bankrupt, the money in the securities account should still be safe, because the securities company goes bankrupt, and the long-term assets of customers should be acquired and managed by other companies. However, the small brokerage business is not comprehensive, which is a problem for customers.
However, there is always a conflict between good brokers and low fees. I suggest you consider the cost performance comprehensively. Because unless you trade frequently or have a very large amount of assets, you should not let a commission of several ten thousandths become the decisive factor. There are many aspects to consider when choosing a good brokerage firm:
First, information software: For example, some customers can't download the software in the company. Generally, brokers with advanced information technology will have web pages and mobile phones. For example, some customers use Apple computers, and there are not many brokers who support Apple computers at present.
Information support: After all, securities companies are professional, and stock recommendation may not be reliable, but it is still useful to select some information that has a great impact on the stock market and is sensitive to the market and deliver it to customers in time.
Second, the business is comprehensive: at present, the securities business is innovating rapidly, and new business is often piloted by several securities companies, and then gradually liberalized. If the customer is innovative and wants to arbitrage through innovative tools, such as margin financing and securities lending, it is recommended to choose a large brokerage firm.
3. Fixed income products: Equity products are often risky and have too much uncertainty. As a financial manager, customers can know about fixed income products in advance. Although the income of low-risk products is relatively limited, it is still essential for the wealth allocation of customers.
4. Service: Whether the securities company can provide professional and timely services in time is also a consideration.
At present, many securities companies provide online, telephone and other communication methods. You can consult before opening an account. According to specific inquiries, brokers will give more targeted answers.