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.



Traditionally, only the wealthy could afford a broker and access the stock market. The Internet triggered an explosion of discount brokers; brokers that let you trade at a smaller fee, but don't provide personalized advice. Because of discount brokers, almost anybody can afford to invest in the market.



Find a Career In A Top Brokerage! - Visit Investopedia's Career Center to search for current job openings in an extensive database, post your resume, read career advice articles, and more!

Brokers and Online Trading - How do you find the right broker for your investment needs? Start by reading our broker tutorial.

Tips for Resolving Disputes With Your Financial Advisor - Before you blame your advisor for your losses, be sure you know your rights and responsibilities.

Shopping For A Financial Advisor - Deciding on who will guide your investments is an important choice. Learn what you should look for so you get what you need.
Related Terms

Agent

Analyst

Broker-Dealer

Churning

Cold Calling

Contra Broker

Dealer

Dialing and Smiling

Discount Broker

Front Running

Full Service Broker

Market Maker

Principal

Registered Investment Advisor (RIA)

Word Search:

Categories