Who is a broker in stock market?

In the stock market, a broker is a financial professional or firm that serves as an intermediary between buyers and sellers of securities. Brokers facilitate the purchase and sale of stocks, bonds, and other investments by connecting buyers and sellers and facilitating the completion of transactions.

There are several types of brokers that may operate in the stock market, including full-service brokers, discount brokers, and online brokers. Full-service brokers typically offer a wide range of services to their clients, including investment advice, research, and access to a variety of financial products. Discount brokers, on the other hand, generally offer more limited services and may charge lower fees for their services. Online brokers are typically Internet-based platforms that allow investors to buy and sell securities directly without the assistance of a traditional broker.

Brokers are regulated by financial industry bodies such as the Securities and Exchange Commission (SEC) in the United States and are required to meet certain standards of conduct and professionalism. Investors may choose to work with a broker to gain access to a wider range of investment products, to receive guidance and advice on investment decisions, or to save time and effort in managing their portfolio. However, it's important to carefully consider the fees, services, and reputation of a broker before deciding to work with one.