Share Brokers - Surat
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 the 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
Stock Brokers is just performing a service for the investor and acts an agent to an investor. Therefore, the main objective of a broker is to ensure the best price is obtained for the client means buy for the buyer and sell for the seller. According to an investor, a stockbroker is viewed as the one who provides valued 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 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 stock broker is to help their customers, i.e., you, to buy or sell stocks.
There are mainly two types of stockbroker:
Full time brokers: 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
•A written conformation in the form of a document about the transactions made in a day
•Stock brokers take care of the transfer of funds from trading to bank account of an investor.
•Provide various options to trade, if it’s a consulting firm.
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 operation costs for an investor and, for that reason, appeals to those looking for a discount broker.