What is a broker in finance?

Brokers are common in the financial world. For example, in finance, they work on behalf of clients trading bonds, stocks, and other financial products. The Financial Times FT Lexicon says the following regarding the meaning of broker: “Generally, an intermediary who helps to effect (who brokers) a transaction between two parties.

What is a professional trader?

A professional trader is a person who works in finance and engaged in investing as a business or in a full-time role rather than occasionally or as a hobby. They may work for themselves, at a trading company, at a wealth management firm or as a freelance trader for individual clients.

What does a real estate broker do?

In the real estate industry, a broker is a licensed real estate professional who typically represents the seller of a property. 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.

What is an online broker and why do I need one?

Often called discount brokers, online brokers are typically less expensive and allow you to buy or sell stocks and other investments directly through their websites or trading platforms. Many online brokers now charge no commission to buy or sell stocks and other investments. What does a broker do and why do I need one?