You want to invest some extra money by purchasing some stocks, but you do not know which company is a good investment choice. What type of broker should you look for to assist you in purchasing stocks? Explain your answer.

A stockbroker is a person engaged in the buyng and selling of stocks and securities on a recognized stock exchange on behalf of his clients/investors.

In investing some money in purchasing some stocks, a stockbroker is the right person to engage because stockbrokers buy securities and stocks from the issuing company directly and they are versatile in this aspect as they know companies with good dividends and interest. They give competent investment advice on stocks and companies issuing securities. It is best to work with and engage a stockbroker in purchasing stocks.

Stockbrokers act like the agent of their clients/investors on whom they enter transactions on the stock exchange. They own their principal, that is the investors/clients duties of reasonable care, utmost good faith, loyalty. The stockbroker has a duty to obtain the best selling price or pay the most reasonable price for the stocks on behalf of his clients.

swatiupadhyay714 swatiupadhyay714 · Answer 2 · 2021-11-08T13:34:01+01:00

A stockbroker is looked for to assist in purchasing stocks. It is referred to as the person who is engaged in buying and selling the stocks on behalf of the investors and the clients.

A stockbroker is a person who is engaged in purchasing stocks in terms of securities and stocks. They give competent investment advice on stocks and companies issuing securities. It is best to work with and engage a stockbroker in purchasing stocks.

They own their principal, that is the investor's duties of reasonable care, utmost good faith, loyalty. The stockbroker has a duty to obtain the best selling price or pay the most reasonable price for the stocks on behalf of his clients.

To know more about the stockbroker, refer to the link below:

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