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| Stock Broker is a person who acts as an agent between a buyer and a seller of a stock. |
A stock broker acts as an agent for you to buy or sell stocks through stock exchange. He charges a fee based on various factors like how often you use the service, amount of money involved, type of trading you do etc. Earlier an investor/trader used to go to a brokers office and place his orders to be executed by the stock broker in the stock exchange. In this age of internet, you can use the web services of the broker to directly trade in the markets.
How to pick a stock broker?
- He should be registered with the authorities
- The commission offered by him should be competetive to the style of your trades
- Reliability
- Track record
- Do you need his advices?
Depending on these facts you can find a good stock broker near you. |
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