What is a broker?

By definition, a broker is a company or individual that matches together buyers and sellers. They provide assistance in drawing up contracts and negotiating terms and conditions between both parties. For their services, brokers are generally paid a fee or a commission from the sale.

Brokers have a role in many types of transactions, from the trading of stocks and shares to the purchase of insurance policies. They also deal in particular commodities like cars, precious stones, and wholesale food items. Brokers generally choose one area to specialise in.

More than one...

Everytime the word 'broker' is heard the images that immediately come to mind are stock exchanges and day trading. In fact, there is more than one type of broker...

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Finding one...

Now that you've decided to get the services of a specialized broker, we show you where to find one that would best suit your personal and financial needs...

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Any questions?

The world of financial brokering is filled with countless terms and definitions. We explore the most common questions you might ask in understanding brokers.

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