Broker
Definition of 'Broker'1. An individual or firm that charges a fee or commission for executing buy and sell orders submitted by an investor.2. The role of a firm when it acts as an agent for a customer and charges the customer a commission for its services. 3. A licensed real estate professional who typically represents the seller of a property. A broker's duties may include: determining market values, advertising properties for sale, showing properties to prospective buyers, and advising clients with regard to offers and related matters. |
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Investopedia explains 'Broker'Traditionally, only the wealthy could afford a broker and access the stock market. The internet triggered an explosion of discount brokers, which allow investors to trade at a lower cost, but don't provide personalized advice. Because of discount brokers, almost anybody can afford to invest in the market. |
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Articles Of Interest
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Picking Your First Broker
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Why Bad Credit Is Bad For Financial Careers
In order to obtain and maintain a career in the financial industry, it is also important to have a clean credit report. -
8 Ethical Guidelines For Brokers
We examine the less obvious ethical dangers faced by a broker, and help you avoid trouble in ethical gray zones. -
Tips For Fitting In At Your Brokerage Firm
Part of starting a successful career as a broker is finding the right place to work. -
Broker Or Trader: Which Career Is Right For You?
Find out how to decide between these two financial professions. -
Evaluating Your Stock Broker
Make sure you're getting the best service by staying informed and involved. -
Is Your Broker Acting In Your Best Interest?
Learn the clues you'll need to determine whether you've chosen a reputable professional. -
Is Your Broker Ripping You Off?
We show you how to resolve a problem without getting the lawyers involved. -
Wall Street: Where The Customer Is Always Wrong
In the financial industry, there's not much emphasis placed on dealing with customer complaints, but there should be. -
Employee Stock Options (ESO)
Employee stock options are a form of equity compensation granted by companies to their employees and executives.
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