A broker is a mediator who connects individuals or institutions seeking to trade or invest with the exchange where the trades are executed. They essentially act as intermediaries between buyers and sellers, facilitating transactions in various financial markets.
Brokers play a critical role in financial markets, providing clients with access to a wide range of financial instruments and investment opportunities. They help clients navigate complex financial landscapes by offering expert guidance and advice on investment strategies, risk management, and market trends.
Brokers earn a commission or a fee for their services, which may vary depending on the type of transaction, the size of the investment, and other factors. By working with a broker, individuals and institutions can gain access to the resources and expertise they need to make informed decisions and achieve their financial goals.