Stock market brokers act as an intermediary between investors and the stock exchange market. They facilitate stock exchange transactions and also carry out some duties in the stock market. The stock market requires the trades there to be placed via brokers. These brokers are the people who purchase and sell the stocks on behalf of stock exchange investors. Stockbrokers also offer advice to their clients in regards to shares they should buy. After giving the investors appropriate guidance, the brokers leave the ultimate decision to the investors. A broker can also assist you in creating a robust portfolio and conduct all decisions on deals on behalf of their clients. This article will guide you in determining the best stock broker in India. Read more about angel broking sub broker commission here.
There are two main categories of stockbrokers. These are full-service brokers and discount brokers.
A full-service broker gives his client exclusive advise but charges a premium for all the services provided. The full-time stockbroker maintains a proactive role and manages all the client's portfolio as well as related formalities on transactions. These brokers have an experienced and qualified team of researchers who act behind the scene to help their clients. On the other hand, discount brokers can be got at much lesser charges. They, however, do not offer any personalised guidance or landholding as provided by the full-service broker.
Many brokerage firms art faceless organisations that place trades on behalf of their clients, the clients have to instruct them to do so, the choice of a discount broker or a full-service broker is dependent on what one requires from their broker. For instance, if you are well informed and have enough knowledge on your portfolio about stock markets with the confidence to manage your portfolio and make decisions, then discount brokers would be a good choice for you. If you do not have the right stock market knowledge and management skills, you should then opt for a full-service broker. Be sure to check out this website at http://money.cnn.com/video/investing/ and know more about investing.
Other things that you ought to consider when looking for the best stock broker in India is the real commission rates charged by the broker. You should also find the transparency of the broker and ensure that there are no hidden charges in the execution of stock market franchise business trades. The interest charges ought to be fair, and the broker's commission should not be an exploiting one. There are several top brokers in India whose rates are reasonable.