Stock broking refers to broking of stocks in a stock market. It is a huge activity undertaken by many professionals in trade.
Stock broking is primarily done by stock brokers. They are responsible to a certain extent to the functioning of the stock environment. They have certain clients who take their services. In broking, stock brokers earn through a fixed rate of commission. Brokers is stock broking provide broking services to their clients. They provide them the essential advice on which stocks to buy. Not only this, they have a good knowledge on securities, bonds, equities, futures, options, gold rates, foreign exchange etc. They closely follow the stock market. They know the buy and sell prices of each and every stock. They can speculate too. They know what the prices are going to be through their estimation. Stock brokers also provide the facility of buying the stocks themselves if the client says so. The client may be very busy, but he has interest in stock market. Then he can tell the broker to do this. In some cases, the stock broker might be given full authority to buy and sell stocks as he thinks is correct.
Broking can be done online too. This type of broking is called e broking. E broking means providing broking services online. E broking has many advantages. E broking has comparatively less commission rates. Also, there is a lot of information available online. On the site where e broking is done, there are definitions and explanations of the basic terms and terminologies. An amateur or a beginner who has interest in broking and investment can learn this and educate him on this basis. E broking can be done anywhere at any point of time. Usually the most common e brokers are the banks. They charge a fixed income for this purpose.
Stock broking can be a good profession for you, if you know how a stock market works. It can be very lucrative. And if you are a person who has good estimating capacity, then you will be recommended by many people to many people.
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