Brokerage Services in Pune - 9021145028
A
securities brokerage is a firm trading stocks and bonds on behalf of
its clients. It employs brokers authorized to buy and sell securities
based on clients’ orders. Firms providing financial advice to clients
charge more, while those which only execute clients’ orders offer a
discount service.
Types of Brokers:
1. Full-Service Securities Brokers
A
full-service securities brokerage firm is a company that executes
securities trades for its clients and also provides an array of
supporting financial services. These additional services may include the
provision of market research, retirement planning and tax advice.
Because full-service brokers provide comprehensive securities brokerage
services, they usually charge higher fees or commissions.
If you
want to leave your investments to professionals altogether, these are
the best types of brokers for you. However, you should prepare to pay
charges for their tailored services.
2. Discount Securities Brokers
A
discount securities brokerage firm executes trades on behalf of its
clients but does not provide other types of financial services. As a
result of their limited offerings, discount brokers tend to cost less.
And their charges are usually in the form of a salary instead of a
commission.
3. Online Brokers
Online brokerage
firms enable investors to trade online with no face-to-face meetings. If
you opt for online brokerage services, you do not need to phone your
broker or trust them to decide for you. You can execute your trades
while managing multiple positions if you like.
Call or whatsapp - Phone 9021145028
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