E-brokerage allows users to buy and sell stocks electronically and obtain information with the help of a website. Almost all e-brokerage houses have simple sign-ups and provide users the ability to make them their financial manager. With the growth of widespread Internet connectivity and smart devices, e-brokerage has seen significant growth. It further includes stocks, warrants, derivatives, bonds, mutual funds, exchange-traded funds (ETF), and others. Along with order fulfillment, the market players provide other investment strategies and financial advisory services.

The global E-brokerage market is segmented on the basis of service provider, ownership, commodities traded, and region. Based on service provider, the market is bifurcated into full time broker and discounting broker. In terms of ownership, the market is divided into private and public. On the basis of commodities traded, the market is categorized into stockbroker and forex broker. Geographically, the market is analyzed across several regions such as North America, Europe, Asia-Pacific, and Latin America, Middle East & Africa (LAMEA).

Key players operating in the global E-brokerage industry include Interactive Brokers, Charles Schwab Corporation, Fidelity Investments, TD Ameritrade,  E-Trade, Zerodha Broking Ltd., TastyWorks, Etoro, X-Trade Brokers, and IC Markets. These companies have adopted several strategies such as product launches, partnerships, collaborations, mergers & acquisitions, and joint ventures to strengthen their foothold in the global market. 

Top Impacting Factors

Zero commission in the U.S. equity markets, higher transparency due to the adoption of digitalization in the financial sector, and customer satisfaction of online brokerage services are driving the growth of the market. However, the high risk of capital loss and the bankruptcy of brokerage firms are expected to hamper market growth. Contrarily, rise in the adoption of big fund houses for portfolio management and automated trading technology can be seen as opportunities.

Customer Satisfaction of Online Brokerage Services

The majority of online brokers are more of a tool supplier than a provider of advice. They provide charts, research, and execution tools but do not make specific investment recommendations. One-on-one advice provides specific investment ideas and it is much faster as compared to the traditional brokers. Therefore, customers are opting for E-brokers. Thus, this is a major growth factor for the E-brokerage market.

Higher Transparency Due to the Adoption of Digitalization

E-broker is transparent as it is electronically processed. The client can view their trading scores through the gateway and there are no chances of fraud as there is no human relation involved in E-brokerage. In addition, users can have more flexibility as well as control over their portfolios and transactions. One can access their brokerage account at any time, even if trading hours are over. Thus, this is a major propelling growth factor for the market.

Key Benefits of the Report

• This study presents an analytical depiction of the E-brokerage market forecast along with the current trends and future estimations to determine the imminent investment pockets.    
• The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the E-brokerage market share.     
• The current market is quantitatively analyzed from 2021 to 2030 to highlight the E-brokerage market growth scenario.         
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.    
• The report provides a detailed E-brokerage market analysis depending on the present and future competitive intensity of the market.

Market Scope and Structure Analysis

COVID-19 Scenario Analysis

• The COVID-19 has accelerated the growth of the E-broker market. The market has experienced growth due to the increased usage of online trading at a faster pace while reducing human error. For instance, in a recent publication, the Reserve Bank of Australia stated that the COVID-19 has accelerated the industry's shift toward electronic trading, which therefore propelled the market expansion during the pandemic situation.

Questions Answered in the E-brokerage Market Research Report   

• Which are the leading players active in the E-brokerage market?
• What would be the detailed impact of COVID-19 on the E-brokerage market size?
• How the current E-brokerage market trends that would influence the industry in the next few years?
• What are the driving factors, restraints, and opportunities in the global market?
• What are the projections for the future that would help in taking further strategic steps?

 Key Market Segments