Best broker in terms of?Netting in the highest commissions isn't a sign of you being good as @guru said it just shows that you have probably a large client base or your rate of turning trades is significantly higher than other brokers probably due to a strong back office9which is a plus).Me thinks we seriously need an independent body or bodies to monitor and conduct surveys which should be published periodically @Mauryc should have just gone to a particular site and voila all the info should have been there.
Essentially the performance of a broker can be measured in two ways:
(1)The service received on the basis of the client's own assessment.
(2)The performance of the broker relevant to a benchmark.
investors need to know how many problem logs are generated by each broker,the frequency and type of the logs and how the broker went about solving the problem,number of failed trades that occur during a given duration,how queries from clients were responded to by the different brokers.
A poll can be conducted and a scoring system be put in place this is the only way brokers can be put on their toes.Numerous complaints have come to the fore over and over again especially on this site, this should be things of the past if we want a proper working Securities exchange that can compete with the best...All said and done am an A.A guy all the way...For genghis and chase bank sisemi kitu its always been a constant...
possunt quia posse videntur