There is only a small profit margin in Share Scalping, and the brokerage takes a large proportion of the profit. Therefore, it makes sense to select the cheapest broker available to oneself.
Here, we must bear in mind that we are not looking for the cheapest brokerage. We need also to consider other conveniences that a broker may provide. For example, a broker may pay a higher interest rate for cash deposited in their Cash Management Accounts.
