What is Share
Broker?
In India,
stocks market is commonly referred to as share market, they mean the same
thing. A share broker acts as the middlemen between the investor and the
share market. They carried out all the procedures of the buying and selling of
shares on behalf of the investor. The buying and selling of orders are
executed by the professional stock broker for securities or to stock. All this
is done through the stock market, fee or commission or over the counter. All
the transactions for retail and institutional customers have been handled by
the stockbrokers. They are mainly associated with a brokerage firm.
A stockbroker
is just performing a service for the investor and acts as an agent to an investor.
Therefore, the main objective of a broker is to ensure the best price is
obtained for the client means to buy for the buyer and sell for the seller.
According to an investor, a stockbroker is viewed as the one who provides value
service and information to support in making the correct investment decision.
They assist investors by giving answers and assist in participating in the
regional market. Hence, they are sufficiently qualified to provide answers to a
number of questions. They charged a very minimal cost for their work.
What is the role of brokers in the stock market?
A broker plays a very
significant role as each broker charges brokerage according to them. Brokers
are the agents in between you and the stock market you want to trade with. The
basic purpose of a stockbroker is to help their customers, i.e., you, to buy
or sell stocks.
There are mainly two types of stockbroker:
Full-time brokers: A a full-service broker is a certified financial broker-dealer that provides a large diversity of facilities to its clients like investigation and guidance,
retirement planning, tax tips, and many more. Assignments at full-service
brokerages are much higher than those at discount brokers. They can provide
proficiency for people who don't have the time to stay informed on intricate
issues such as tax or estate planning. However, for those who just want to
accomplish trades without the extra services, discount brokers are the way to
go.
Discount brokers: A
discount broker is a stockbroker who transmits out buy and sells orders at a
cheap charge rate. However, he or she provides no outlay advice, unlike a
full-service broker. Before the emergence of technology, only the affluent
could afford a broker and get access to the stock market. However, the
internet has brought an outburst of discount brokers that allow folks with
smaller capital to trade, at a smaller fee.
What do stock brokers do? Services provided by the stock
brokers:
·
A pathway to the stock markets
·
Written confirmation in the form of a document
about the transactions made in a day
·
Stockbrokers take care of the transfer of funds
from trading to the bank account of an investor.
·
Provide various options to trade, if it’s a
consulting firm.
if you are looking for a renowned and eminent Stock Broker in Gurgaon then contact Anand Rathi Share and Stock Brokers Limited.
They provide the following
services to trade in-
1. Equity Delivery,
2. Equity Intraday,
3. Stock Futures
4. Stock options,
5. Currency Futures,
6. Currency options,
7. Commodity futures,
8. Debt instruments traded on
exchanges,
9. Investments in Mutual funds.
A broker or brokerage that charges a flat
fee per each share that one trades, rather than a percentage of the whole value
of the trade. This can result in lower operating costs for an investor and, for
that reason, appeals to those looking for a discount broker.