Stock brokers are also securities brokers, mainly individuals or institutions that provide services for investors in stocks and bonds. They are mainly engaged in agency business for the purpose of earning commissions. In my country, stock brokers accept orders from clients to conduct securities transactions. In the past, telephone transactions were very common. Nowadays, online transactions are much less common. But a qualified stockbroker can analyze the risks of the current stock market situation, help investors maximize their profits, and also ensure their own livelihood.
Being a stockbroker is not an easy task. Investors who intend to develop in this area must take the exam. According to the current regulations, the conditions for taking the exam have restrictions on the education and age of the stockbroker. For example, A stockbroker’s education must be at least eighteen years old.
It should also be noted that before becoming a stockbroker, you must sign an entrustment contract with a securities company, because the entrustment contract is the basis and basis for establishing an entrustment-agent relationship between a securities company and a securities broker. Without it, everything is basically empty talk. With these foundations and basis, stockbrokers should engage in business within the authorized scope of the contract. Violation of relevant agreements will have negative consequences.
commission broker
The commission broker has immediate contact with the project investors, and its job responsibilities depend on entrusting the transaction in the trading hall of the trading center after accepting the authorization of the consumer, and deducting the commission from the authorized customer after the transaction volume. Commission brokers are key VIP members of the trading center.
two dollar broker
The two-dollar broker does not accept the authorization of ordinary consumers, but only accepts the authorization of commission brokers to engage in securities trading.
bond broker
Bond brokers should take the business process of buying and selling bonds on behalf of customers, and take the commission as a reward for securities dealers. In addition, bond brokers can also mix and sell the business process of buying and selling securities on their own.
