Stock Brokers

Who are Stock Brokers?

A stockbroker is an individual / organization who are specially given license to participate in the securities market on behalf of clients. The stockbroker has the role of an agent. When the Stockbroker acts as agent for the buyers and sellers of securities, a commission is charged for this service. As an agent the stock broker is merely performing a service for the investor. This means that the broker will buy for the buyer and sell for the seller, each time making sure that the best price is obtained for the client. 

An investor should regard the stockbroker as one who provides valuable service and information to assist in making the correct investment decision. They are adequately qualified to provide answers to a number of questions that the investor might need answers to and to assist in participating in the regional market. 

A stock broker has access to the stock exchange where the trades are actually made, and has completed a registration process that gives the broker authority to operate on behalf of a brokerage's clientele. Two members of a stock exchange execute trades on behalf of clients. Brokers may trade exclusively for themselves, or they may broker trades for clients. Stock traders may work for a broker, unless they already have access to the stock exchange. There are a number of broking houses all over India. Many of them have International presence too. Following are some of the leading Stock Broking firms in India.

• India Infoline
• ICICI Direct
• Share Khan
• India Bulls
• HDFC
• Reliance Money
• Religare
• Angel Broking

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