Best Stock Broker in India
The stock broker is a professional trader who works on behalf of its client. They operate the trading account and deal in the selling and buying of stocks. They may also be called a registered representative or an investment advisor. Usually, the stock brokers work with the brokerage firms to generate clients. Sometimes the Brokerage firms and broker-dealers are also referred to as stockbrokers. The brokerage firms include both full-service brokers and discount brokers, the ones who only execute the trade and do not offer investment advice to individuals. Mostly the online brokers are discount brokers.
Recently there has been a good number of best stock brokers in India. With over 300+ active stock brokers it becomes difficult to choose the best stock broker out of them. To clear the confusion for the best stock broker in India, here is the list of the companies that are running high and successful in the stockbroking market. Currently, Zerodha is on the top of the chart with the most numbers of active users onboard and is leading on the list of best stock brokers in India.
Services provided by the best Stock Broker in India?
- They give you advice on buying and selling the stocks and also take care of the securities. They can instruct the client on which share to buy or sell. They do thorough research for the same and then provide recommendations.
- They handle the associated paperwork and also the buying and selling of the stocks. They keep a record of the transactions and statements.
- Stockbrokers are responsible for maintaining clients’ investment portfolios and giving regular updates about their portfolios. Hold the responsibility for answering investment-based questions.
- They hold the responsibility to inform the client about new investment opportunities in the stock market
- Also, they make strategies for the client to make changes in investment strategies that depend on the market conditions.
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