Write the advantages and disadvantages of online trade through apps and network.
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5 benefits of online trading
- Lower fees.
- More control and flexibility.
- Ability to avoid brokerage bias.
- Access to online tools.
- Option to monitor investments in real time.
- Easier to invest too much too fast.
- No personal relationships with brokers.
- Addictive nature.
5 disadvantages of online trading.
- Easier to invest too much too fast. Because online trading is so easy — you basically push a button — there is the risk of making poor investment choices or overinvesting. ...
- No personal relationships with brokers. ...
- Addictive nature. ...
- Internet-dependent. ...
- Buying errors due to computer missteps
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