Broker is a professional intermediary between buyers and sellers, bringing them together to facilitate transactions.
Investors gain access to exchanges exactly through the brokers. After opening an investment account, you can purchase securities using a specialized mobile application or a computer. Additionally, the broker charges a small commission for each transaction.
The broker must be licenced by government financial regulatory authorities.
Before choosing a broker it is necessary to check:
✓ licences
✓ membership on exchanges
✓ transparency and accessibility of financial reporting
✓ ratings
✓ reviews
We also recommend reading the article in our blog: «Who is a broker and how is it useful?»
