Build your professional network on facebook via our app Go to app
 
 
Posted in Community :

Equity Investments: Hot Stocks

 
Started by : Jyoti Rath, Sr. Associate, Barclays   11 05 2008 13:14:37 +0000
Industry : Equity Research/AnalyticsFunctional Area : Equities(Markets)
Activity:  11 views;  last activity : 07 06 2010 20:18:09 +0000

What factors to look into while choosing a stock broker ?

 
Share
 
 
  Rate : 
 
 
 
 
  1 0 0 0
 
 
 
 
 
 
 
 
 
 
 
1 2 3 4
1 Get referrals
2 Discount or full-service broker which one do you prefer
3 Check out the brokers background
4 Find out about the commision, annual fee, transcation fee they charge

Get referrals

idea posted by Vikas Kumar Sr. Associate,bulls Research

Find out from other people which broker they use and why they have selected them, it is better to choose someone whom you have heard good things about. Get referrals and choose the best.

1
0
  
by Sandip Gunjal, Sr. Associate, Irevna  | 11 05 2008 13:23:26 +0000

Referral plays a major role in all the field, its better to get referral than choosing on your own as you can get to know the broker how he performs before you actually choose him. Your friend or family experience about a specific broker can have a great influence on choosing the right one.

Add your argument:

Discount or full-service broker which one do you prefer

idea posted by Jyoti Rath Sr. Associate, Barclays

Before you choose decide on whether you are looking for a help of discount or full service broker.

As discount broker offers little advice and gets commissions on each on each purchase. whereas a full-service broker will provide more investing assistance, but for a fee. Knowing what you are looking for will save you time. 

Choose one which suits you the best... 

0
No supporting Arguments for this idea
Add your argument:

Check out the brokers background

idea posted by Prateek Kacker Sr. Associate,bulls Research
Having a check on to the brokers background will make sure whether he/she is properly licensed, find out his experience, how he/she used to approach the market for investing. Don't choose someone who is not licensed.
0
No supporting Arguments for this idea
Add your argument:

Find out about the commision, annual fee, transcation fee they charge

idea posted by Pravin Patil Associate, Kotak Mahindra

Before choosing find out what commissions they charge and how is it determined. Do they prefer annual fee or transaction fee. Also find out when you are expected to pay those.

0
No supporting Arguments for this idea
Add your argument:

Add your Idea
Idea* : 
Add your argument:
edit in rich text ...
Could not find any idea interesting in: "What factors to look into while choosing a stock broker ?" ? Click here to add a new idea...

Found the idea contest "What factors to look into while choosing a stock broker ?"  interesting ?  Click here to refer to your connections and communities
Get the Best from Us !
  • Create a confidential Career Profile and Resume/C.V. online
  • Get advice for planning their career and for marketing of experience and skills
  • Maximize awareness of and access to the best career opportunities
Viewers also viewed
However i heard from many people that Indian stock market is manipulative. Having no base etc...
 
377 referals 11 arguments, 247 views
Market updates please, a newbie relatively in this field and want to know which are the stocks...
 
1152 referals 12 votes, 396 views
People just dont invest blindly...they will be having something in mind while they are investing...
 
1004 referals 12 votes, 126 views
more...  
Recent Knowledge (14)
Everyone needs to show that he/she is different and can do things which others cannot. But as...
 
1103 referals 16 votes, 181 views
Lie : The mere word makes us feel unethical. But there are times when it becomes necessary to...
 
2284 referals 13 votes, 191 views
The question is simple. What makes you smile? Let us stop fighting on various topics and discuss...
 
1697 referals 27 votes, 381 views
more...  
More From Author
Yes everybody is talking green, green energy and clean technology and the companies associated with it, but there is very little knowledge known about this technology and the companies, and yes there is too much of ambiguity about all these things,...
It is very difficult to say at the moment, with investments not coming the way we thought as due to the high inflation which is not being tamed and it is going ridiculously high and all the essential commodities are going out of reach for the common...
Yes politics has nothing to do with this. Dignity is a persons own thing. If you keep it up you will be respected...
more...