Many people think that the stock exchange is the best route to make fast money. This is not always or completely true. There are several factors that play an important role in getting you good returns from stock trading. Timing is utmost important when trading in stocks; and so is the sound knowledge of the current financial market as well as the shares or the bonds you wish to deal in - and your best friends in this endeavour, are share brokers or stockbrokers.

Who is a share or stock broker?

A share broker is a professional who is engaged in buying and selling of shares on behalf of his/her clients. Share brokers deal in shares - buying and selling them - on the stock exchange or over the counter for which they charge a commission or a fee.They are regulated and need to be registered with SEBI (Securities and Exchange Board of India) as well as the stock exchange. Their clients include both individuals as well as institutions who wish to buy and sell shares. Share brokers can work in their individual capacity or as part of a larger brokerage firm.

Essentially your agent

Your stockbroker or share broker essentially acts as your agent when it comes to buying and selling shares. Once you have informed him which shares to buy or which you intend to sell, it is basically his duty to see that the transaction is successfully carried out at the best possible prices in your favour.
Why do I need a share broker?
It is possible that you must have read a lot about the share market and consider yourself a sort of expert when it comes to predicting what shares will do well in the long run and what shares won't. Be that as it may; however, it is not possible for you to trade in shares without being registered with SEBI and the NSE or the BSE. This is why you need share brokers, who are specially qualified and certified to trade in shares. They have undergone on the job training and have years of experience and expertise in the field; that helps you in your quest for the best stocks and shares to deal in.

What does a share broker do?

Buying and selling shares is not something you can do without a bit of financial background or advice. In addition to actually buying and selling shares, the brokers dispense advice on the present financial scenario and highlight shares that have potential to gain or fall. They can give reliable advice as to which shares to buy and what to sell when to maximize your gains from these deals. They are also available to talk to you about any questions you may have regarding your investments. They can also help in cases where you want to liquidate your holdings by selling shares or keep stocking on for the
future by buying more shares.

Earning money by trading in shares on a stock market is not a cakewalk. It takes a sound understanding of the workings of the financial world; and of course the right share broker.