Who can be a stock broker?

You should be a 21-year-old Indian Citizen. Should have at least completed Higher Secondary College or 10 + 2 to become a stock broker. You need to have an experience of not less than 2 years as a partner or authorized assistant or authorized clerk or remisier or apprentice to a Stock Broker.

What is the difference between a broker and an investment advisor?

Investment advisers are paid a flat fee or percentage of AUM to advise clients on securities and/or manage portfolios. Brokers are paid commissions to execute trades or buy and sell assets for clients.

What is the difference between stock broker and trader?

Brokers have direct contact with clients. They deal with equities and bonds, as well as mutual funds, ETFs and other retail products as well as options for more sophisticated clients. Traders tend to buy or sell securities based on the wishes of a portfolio manager at an investment firm.

Whats a stock broker do?

A stockbroker is a financial professional who buys and sells stocks at the direction of clients. Most buy and sell orders are now made through online discount brokers. This automated process reduces fees.

What are stock brokers called?

A stockbroker is a financial professional who executes orders in the market on behalf of clients. A stockbroker may also be known as a registered representative (RR) or an investment advisor. Brokerage firms and broker-dealer companies are also sometimes referred to generically as stockbrokers.

What is an investment broker-dealer?

A broker-dealer (B-D) is a person or firm in the business of buying and selling securities for its own account or on behalf of its customers. A brokerage acts as a broker (or agent) when it executes orders on behalf of its clients, whereas it acts as a dealer, or principal when it trades for its own account.

What do stockbrokers do?

A stockbroker is a financial professional who buys and sells stocks at the direction of clients. Most buy and sell orders are now made through online discount brokers.