Secondly, I have also discussed in detail how to select a stock broker what qualities should stock broker have. Some of the discussion points are as follows:
1. Easy to Access to a broker
2. Good Reputable stock broker
3. Backed by strong group (Bank or Company)
4. Have a team of experts who should do extensive research on shares and also provide research reports to the client on daily/weekly/monthly basis.
5. Should have a good Advisory Services
6. Should have online trading facilities like web based and mobile application based.
7. Should have Trade confirmation facilities
In this video I have also covered that what stock broker gets in return of all these facilities. Actually stock broker gets Commission / fee on each and every transaction (buy / sale of shares).
I have advised to the viewers that never compromise the services against low commission rates from the stock broker.
I will also recommend to my regular viewers to watch my all following videos which are also inter connected with this video:
How to Invest in Stock Exchange
Difference between Stock Market and Mutual Funds
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