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    nd their sales staff (the brokers!). The broker's job is to carry out your transactions. Brokers are paid by salary, commissions on sales or a mixture of both.

    In the U.S., to become a broker one must first

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    You have a wealth of choices in how to buy and sell stocks these days, but you always need a stock broker. Learn how to pick a broker who will give you exactly the service level you want and ensure you don't overpay!

    Due to the financial markets deregulation that began in the U.S. in the 1970's and today extends into many countries around the world, investors have more choices of stock brokers than ever before. However, with this wealth of choices comes the responsibility (some would say opportunity!) to choose just the right kind of stock broker to meet your needs.

    Let's begin with explaining what a broker does. While you do choose and hire your broker, it's important to remember and understand that they are, at the end of the day, a salesperson. They work for a stock brokerage house who is out to make money for themselves and their sales staff (the brokers!). The broker's job is to carry out your transactions. Brokers are paid by salary, commissions on sales or a mixture of both.

    In the U.S., to become a broker one must first p

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    erpay!

    Due to the financial markets deregulation that began in the U.S. in the 1970's and today extends into many countries around the world, investors have more choices of stock brokers than ever before. However, with this wealth of choices comes the responsibility (some would say opportunity!) to choose just the right kind of stock broker to meet your needs.

    Let's begin with explaining what a broker does. While you do choose and hire your broker, it's important to remember and understand that they are, at the end of the day, a salesperson. They work for a stock brokerage house who is out to make money for themselves and their sales staff (the brokers!). The broker's job is to carry out your transactions. Brokers are paid by salary, commissions on sales or a mixture of both.

    In the U.S., to become a broker one must first

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    However, with this wealth of choices comes the responsibility (some would say opportunity!) to choose just the right kind of stock broker to meet your needs.

    Let's begin with explaining what a broker does. While you do choose and hire your broker, it's important to remember and understand that they are, at the end of the day, a salesperson. They work for a stock brokerage house who is out to make money for themselves and their sales staff (the brokers!). The broker's job is to carry out your transactions. Brokers are paid by salary, commissions on sales or a mixture of both.

    In the U.S., to become a broker one must first

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    ile you do choose and hire your broker, it's important to remember and understand that they are, at the end of the day, a salesperson. They work for a stock brokerage house who is out to make money for themselves and their sales staff (the brokers!). The broker's job is to carry out your transactions. Brokers are paid by salary, commissions on sales or a mixture of both.

    In the U.S., to become a broker one must first

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    nd their sales staff (the brokers!). The broker's job is to carry out your transactions. Brokers are paid by salary, commissions on sales or a mixture of both.

    In the U.S., to become a broker one must first pass two licensing exams called Series 7 and Series 63. If they successfully complete these exams, the broker is then allowed to advise you, solicit business from you, and to execute your transactions for you.

    Got that? A broker can advise you, try to sell you, and do your trades for you. Now that you know that, it's easy to understand the basic difference between a full service stock broker and discount stock broker. Basically, full service brokers offer you advice and hand holding, whilst the discount folks just execute your trade orders and perhaps try to solicit more business from you.

    Full-Service Stock Brokers

    Full-service brokers usually offer a wide variety of financial products as well as investment advice and research. They charge higher fees than discount brokers. Full-service firms often offer bond

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