Brokerage firms are financial intermediaries for trading accounts. Brokerages execute trades for customers, provide financial research, advice, live stock quotes, and investment services.
Brokers facilitate investor transactions for securities on exchanges. There are different account types available for investors with different requirements, fees, and options approval levels associated with each account type.
All market transactions have tax implications that investors should understand. Taxes differ depending on the security traded and account type.
Broker-dealers exist in financial markets to assist investors with executing trades and making financial decisions.
The Brokers Handbook discusses the different account types, trading platforms, and brokerage firms available to investors, as well as important concepts like commission, margins, and taxes.