Who is a broker, how to choose one and how to work

If you decide to trade on the exchange, you have two ways. The first is to trust the manager. This method is suitable for those who do not have the time or desire to engage in investing on their own. The second option is to do everything yourself: develop a strategy for investing money and take responsibility for the transaction.

However, just going to the exchange and trading on your own will not work site. You will need a broker - an intermediary between the investor and the issuer, that is, between you and the company whose securities you plan to buy. A broker is a company that has a license to work in the stock market and which has the right to make securities transactions for an investor.

If you plan to trade via the Internet, ask your broker what is needed for this. Is it possible to make transactions through the site without installing additional software, or will I have to download a special program to the computer - a trading terminal. Study the system requirements, find out if it is technically possible to install a trading terminal on your computer.

If you intend to trade through a smartphone or tablet, check with a broker if this is possible. Check if this mobile app is suitable for your gadgets and whether it is paid.