What is a Broker?
Earlier, investing in the stock market was confined to big cities only. Online trading has made it accessible everywhere. Because of these brokers, almost anyone can invest in the stock market.
- Who is Broker ?
- what are their functions ?
- Who are stock brokers ?
- who appoints them ?
- What is the role of a broker in the stock market ?
- Who is their regulator ?
- where can they be complained about ?
All this will be understood in easy language. How to find brokers for BSE and NSE. At the same time, Broker meaning will understand how you can also open your trading account with the broker.
Broker Meaning
Broker is also known as broker or middleman. A broker can be a person or firm who charges or commission stake duty to buy and sell the order deposited by the investor.
A broker also refers to the role of a firm when it acts as an agent for a customer and takes commission from the customer for its services. Any exchange can have individual brokers and corporate brokers.
What is Stock Broker
Stock Broker are members of their stock exchanges and the entire stock exchange trade is through them. Personal membership and corporate membership can be taken on the stock exchange. Large and full service brokers do market research and also work as investment advisors for their clients.
Broker – also needed for online trading
Earlier, investing in the stock market was confined to big cities only. Online trading has made it accessible everywhere. Because of these brokers, almost anyone can invest in the stock market.
One can also open his account with the broker and trade on the online platform provided by him. You need a demat account for this.
Many broking houses that are associated with banks offer three-in-one accounts in which trading accounts, demat accounts and savings accounts can be opened in one place. Some of the largest stock brokers in India are ShareKhan, Axis Securities, Kotak Securities, Angel Broking and Motilal Oswal. Read here which company's share to buy on our site.
Broker are subject to exchange rules
Stock Broker are members of some stock exchange. Brokers of National Stock Exchange You can search here and members of Bombay Stock Exchange can search here. Broker BSE and NSE work as per their exchange rules and exchanges keep a close watch on them. Apart from these, SEBI acts as a regulator of stock brokers.
Trading members of the exchange are required to comply with the exchange rules, regulations and bye-laws and other requirements laid down in the exchange.
importance
Just as the stock market is important, so are the members of the stock exchange to run the stock exchange smoothly. Broker act as a pillar here and play their important role. This was information about Broker and his work in Hindi. I hope I have made it clear to you what brokers call and how they are important participants of an exchange.
Hi , This is Pramod Choudhary from Nagaur Rajasthan India. I an student and I would like to share my positive thinking with everyone that's my passion . Thank you
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