Full information about broker, types of broker, brokerage etc.
About broker and brokerage
Meaning of broker- you can't trade, invest without broker. broker is an individual or firm that helps person to buy-sell shares or intermediary between security exchange or in return we have to give broker brokerage.
Types of broker-
1. A stock broker- helps traders, investors to buy-sell shares
2. Forex broker- this is a financial services company that provides a platform for buying and selling foreign currencies.
3. Full service broker- this is a licenced financial broker that provides lots of services related to finance for ex. research and advice, retirement planning, tax tips etc.
4. Discount broker- helps traders, investors to buy-sell shares but in less price.
5. Real estate broker- helps who buy-sell house, land property etc.
We hope this information helps you.
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