Tag: Brokers
Brokers
To begin, let us examine who is such a broker. The broker is an intermediary between the seller and the buyer, which helps to make transactions. Naturally, for his work, the broker takes a small percentage, this is exactly what his work consists of. Brokers are both single and large brokerage companies.
But why do we need stock broker? You probably know that an ordinary person cannot just come to the exchange and buy and sell securities. This is what the stockbroker is for.
What are the functions of a stockbroker? A broker is needed precisely to help you with information support. That is, you can get all the information that interests you, just from a broker. Another plus is that brokers enter into contracts for you. It turns out that large brokers combine not only the function of an analytical agent but also the brokerage agency itself.
Many investors prefer not to trade independently and turn to broker for help. But remember that when choosing a broker. Your success will largely depend on it. If the broker does a poor job. So you, unfortunately. Can lose a large amount of your money – do not forget about it!
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