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Reviewed by Aug 30, 2021| Updated on
An investment broker is a specialist in bonds, stocks, and Forex and conducts investment-related transactions on your behalf. They act as an intermediary between you and the investment world. Several investment options require a broker to negotiate your trades or buy and sell stocks and bonds. Investment brokers can be an individual or an organisation. They are paid with a commission for every service a broker offers.
A broker may also offer advice to you regarding investment decisions. On the other hand, discount brokers execute trades on behalf of a client, but typically don't provide investment advice.
Along with executing client orders, brokers also provide investors with research insights, investment plans, and market intelligence. It is also possible that brokers cross-sell other financial products and services offered by their brokerage firm.
Some of these services can be access to a private client that provides customised solutions, especially to high-net-worth clients. Earlier, only wealthy people could afford to get brokerage services to access the stock market. With the advent of the internet, online broking has reached new heights and offers discounts on brokerage services making it available.
When it comes to the real estate industry, a broker is a licensed real estate professional who takes the role of a seller of a property. When he is working for a seller, the roles and responsibilities include: