Those who love to make some side income, the share market can
be a good platform. here one can earn good profit with the help of a little
investment and moderate risk. The main condition here is one needs to know the
market and trading opportunities which can help him trade correctly and fetch
profit in a few hours. The share market has some aspects that one needs to take
care. The most leading among all is the share broker. Many share brokers are
there in the market,who can help the client and support them in various trading
situations.
A share broker is a person who has license from the parent
company or exchange to carry out trading activities in the share market. He is
also authorized to open a demat and trading account for a client. He can take
the margin money and offer exposure to the trader to have trade in different
segments. Hence the broker can be termed as a key person who plays primary role
of connecting the exchange and the client. For his role he earns brokerage as a
part of transactions done by the client. In the market one can find the brokers
who offer full services which include trading as well as consulting and
research. There are also discount brokers who offer services of trading only
but their charge for the trading is much lower than the full service brokers.
The role of a broker:
The broker is the key person for any client. One can avoid a
broker only if he goes for an online account where he needs to carry out the trades
on his own. In the case of an offline account one needs to contact the terminal
operator at the office of the broker and trade. Hence the role of a broker is
crucial for a client as well as the market. To find the best broker who can
meet his needs one needs to check with the top 10 stock
brokers in India.
These are the brokers who are known for their quality customer as well as trading
services and exposure to the traders who want to go for the volume based
trading.
Find the best broker:
To make the profit in this market one needs to have the best
services from the broker and that is why he needs to find the best broker
before initiating the trades. To find the best broker one needs to know his
requirements first. The needs of traders vary in the market. Some needs the
services at low rate of brokerage while some needs more exposure to their
margin money. Hence one must check various brokers after checking his needs and
if he finds one suitable he can go for opening the trading account with him.
Before opening the account and starting the trades one must know the required
rules and regulations so that he does not have clash with the broker later.
