The value of investments can fall as well as rise, and you may get back less than you invested. Past performance is no guarantee of future results.

Execution-only definition

Execution-only is a level of service offered by a broker that does not involve any personal investment advice, and gives you complete control over how you trade the markets. It can provide a cheaper way for investors to trade on financial markets than advisory services. 

Execution-only definition

Execution-only is a level of service offered by a broker that does not involve any personal investment advice, and gives you complete control over how you trade the markets. It can provide a cheaper way for investors to trade on financial markets than advisory services. 

An execution-only broker differs from an advisory broker as it will not provide any financial advice. And unlike a discretionary broker, it will not consider your financial situation before executing trading instructions.

Instead, clients of an execution-only broker make trades themselves, either via an online platform or over the phone. Although there is no personal advice given, execution-only brokers will often provide you with market research to help you decide which trades you should make. 

IG Smart Portfolios

Invest in an expertly managed portfolio, at a fraction of the cost of traditional wealth managers and independent financial advisors (IFAs), with an IG Smart Portfolio.

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