July 30, 2020 By: rate_admin0 comments
A broker is a person who acts as an intermediary between the buyer and the seller of the securities. If you want to invest in the securities market, you should know the market ups and downs, risks associated, and the growth rate but if you don’t have the knowledge about the market than what to do? You need to find a person who has proper knowledge about the market and its fluctuations. Now the question is who is the person and how to invest in the securities market? The answer is to contact a stockbroker. The broker is the person who helps to invest in the market by charging a fee called brokerage. You just need to explain your preference to your broker and how much risk are you willing to take. Brokers will match your needs with the type of securities and helps to contact the buyer.
The person who wants to sell his securities in the stock market can also contact the broker for dealing in the securities market. The broker is the link between the buyer and the seller. He matches the needs of buyers and sellers. A normal person cant work as a broker. The broker needs a license for performing its functions. A broker is an independent person whose main purpose is to bring buyers and sellers together for dealing with securities and charge commission from both parties.
Benefits of contacting a stockbroker
Types of broker
It is a wise decision to choose the broker for dealing in the stock market. They help to decide on purchasing and selling of securities.
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