What is a stockbroker?

A stockbroker is a regulated representative of the monetary marketplace who enables the buying and selling of securities on behalf of economic establishments, investor customers, and companies.

A stockbroker is also called a registered representative or a broker. The trading or buy or sale of shares on the national stock exchanges are usually executed through a stockbroker.

Stockbrokers take care of transactions for both institutional and retail customers. The primary job of a stockbroker is to acquire purchase and sell orders and execute them.

Many marketplace contributors rely on stockbrokers’ information and information concerning the dynamics of the market to invest in securities.

A stockbroker can work either individually or with a brokerage firm. Every so often, broking-dealers and brokerage companies are also called stockbrokers.