It is a saying
that a stock market can make you rich in one day. On the other side, it can
make you bankrupt as well! The primary duty of a stock broker is to buy and sell
securities and shares on behalf of their clients. Usually, a stock broker gets
his brokerage after the transaction has been completed. They get their money
from their clients order.
Nowadays,
online stock trading is the part of an ongoing market trend. It comes with a
number of advantages like reduced brokerage fee, instant update of stock prices
and charts, highly customized order execution, complete convenience and so on.
An investor, interested in stock trading should find a broker who levies lowest
brokerage on him. Moreover, to make stock trading a happy experience for the
investors, many institutions are offering zero brokerage trading.
A broker would
also keep their client updated about the market fluctuations, sudden changes
occurring in the markets and various other risks. A broker provides his
services to an array of clients like local clients, institutional clients,
corporate clients and so on. Unlimited trading schemes are very popular
among the investors as it provides them ample opportunities to generate high
profits from the markets. The main advantage of zero brokerage trading system
is that there will be a reduction in overall trading cost. As the brokerage is
zero, the service tax on brokerage will also become zero.