Stock Marketing-5: Stock Broker

Who is a Stock Broker?

• A professional who executes buy or sell orders on behalf of the clients.
• Stockbrokers can be brokerage firms or broker-dealer companies. 

• Any firm or dealer first needs to be licensed by SEBI before brokerage. 
• Stock brokers don't make investments in our money, they just implement our investment decisions. 
• A stock broker is the gateway to stock exchanges. 
• a trading account lets us carry out financial transactions in the market.
• A stock broker charges fees from clients for trading. 
• A trading account is an account with the broker which lets the investor to buy/sell securities.
• Trading Terminal is the software the broker gives us (investors/clients) to access the market.
• "Everyday investors pretty much won't interact with human stock brokers anymore."
• Nowadays the buying & selling orders are submitted every day by investors electronically by the computers. 

• But the stock broker's profession wasn't exhausted completely, instead, they serve the institutional investors rather than the everyday investors.

Roles & Responsibilities of Stock Broker

• Managing investor's investment portfolio.
• Buying & Selling shares, stocks and securities.
• Staying up to date with the latest trends.
• Analyzing & interpreting financial reports.
• Providing investment advisory services.

Services of Stock Broker

• Share trading tips (related to trading accounts, portfolio securities & online trading) & research calls
• Financial Planning by understanding to attain the investor's financial goals.
• Hassle-free & robust online trading platform by the stockbroker.
• Well-equipped client support in case of mistakes or faults. 
• Portfolio Analytics & Remedial Measures. 

How to choose a perfect stockbroker?

Popular Stock Brokers

Eligibility for a Stock-Broker