In stock market jargon, a broker is an individual or a firm that executes ‘buy’ and ‘sell’ orders for an investor for a fee or commission. Besides executive client orders, some brokers also provide additional services such as research, intelligence, investment plans, margin funding and such other value-added services.
Role of Stock Broker
The role of a stock broker is to facilitate the buying and selling of stocks at the stock markets, on behalf of investors. There are many prominent stock brokerage firms in India through which you can trade in stock exchanges.
Types of Stock Brokers?
- Full-Service Brokers
- Discount Brokers
How do brokers work?
A broker is an individual or firm that acts as an intermediary between an investor and a securities exchange. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
Which is best discount broker?
10 Best Discount Brokers in India (2022)
- Zerodha. They were one of the first discount broker companies that brought a revolution in the trading industry.
- 5Paisa Discount Broker. When it comes to brokerage, 5Paisa always comes in our mind. …
- Upstox Demat Account.
- Trade Smart Online.
- Wisdom Capital.
Who is the biggest stock broker in India?
ZERODHA BROKING LIMITED15 Biggest Stockbrokers in India with Highest Active Clients
| S No | Name of Stock Broker | Market Share (%) |
|---|---|---|
| 1 | ZERODHA BROKING LIMITED | 18.33% |
| 2 | RKSV SECURITIES INDIA PRIVATE LIMITED (Upstox) | 14.24% |
| 3 | ANGEL BROKING LIMITED | 9.56% |
| 4 | NEXTBILLION TECHNOLOGY PRIVATE LIMITED (Groww) | 8.93% |
How do I buy stocks?
Here are five steps to help you buy your first stock:
- Select an online stockbroker. The easiest way to buy stocks is through an online stockbroker. …
- Research the stocks you want to buy.
- Decide how many shares to buy.
- Choose your stock order type.
- Optimize your stock portfolio.
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