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Stockbroker

What Is a Stockbroker?

A stockbroker (or a Registered Representative) is an individual or firm who buys and sells stocks and other securities for clients.

Stockbrokers are licensed and regulated individuals who buy and sell stocks and other securities in exchange for a fee or commission. Generally, stockbrokers are associated with a brokerage firm and trade securities over the counter or through a stock exchange. Stockbrokers may be further defined by the licenses they hold or types of securities they sell. The education and licensing of a stockbroker may vary by country.

To be licensed in the United States, for example, a stockbroker must pass the Series 7 exam and either the Series 63 or 66 exam.

Disclosure

Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.

Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.