How do I choose a broker?

The basic criteria to use in choosing a broker are few and simple. Without doubt, your number one priority should be ensuring the safety of your funds. Firstly, this means making sure that the broker you choose will not steal your deposit.

What does a broker do when working for a seller?

A broker's duties when working for a seller may include: Determining the market values of properties. Listing and advertising the property for sale. Showing the property to prospective buyers. Advising clients about offers, provisions, and related matters. Submitting all offers to the seller for consideration.

What does a stockbroker do?

Stockbrokers are regulated professionals, usually working with a broker-dealer or brokerage firm. These dealers and firms buy and sell stocks and other financial securities. They represent both retail and institutional clients either through a stock exchange or over the counter.

What are the different types of retail brokers?

Retail brokers fall into two basic categories: full-service brokers and discount brokers. Your choice of broker should reflect your investment style—whether you lean toward active trading or a more passive, buy-and-hold approach.