Brokers - who is this?

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Everyone to some extent at least once used the services of a broker, often without knowing it.After all brokers today are too firmly in the modern life, their services have become incredibly popular.But not everyone knows who they are.Brokers - an intermediary between a client and a particular company or its representative, as they can work "middle" between certain individuals.Their work is regulated by several legislative acts.

brokers now firmly taken place in the field of mediation, so many people are turning to them for help, especially when you need to save time, but not money.They always take a small percentage fee for their services.As shown, the best brokers - a physical or legal, who provide a large range of services at a low cost of operation and operational terms of the order.

Industry brokers

Depending on the economic sphere of activities of all brokers can be divided into the following groups:

  • Financial Brokers - those persons who are engaged in financial intermediation activities related to turnover.These include stock brokers (brokers), financial analysts, consulting companies and agencies.
  • Non-financial brokers - are persons who are not directly involved in the processing of financial flows, but can assist in mobilizing financial resources.For this group includes real estate brokers, customs brokers, law firms, analytical consulting group, other brokers.

Ownership brokers

Depending on the activities of intermediaries, they may have a different form of ownership.The most common brokers - are legal entities, mostly private enterprises or joint-stock companies, which work on a common system of taxation.

Many customs brokers are just legal entities in connection with the specifics of their activities.But in most cases stock - individuals, at least - the private entrepreneurs.Such brokers do not work with the finance directly, but receive their commission for every successful operation, and work directly with individuals, much less - with legal (in connection with the peculiarities of the tax on profits).

Features activities

brokers always act as intermediaries between individual persons irrespective of their form of ownership.They take over the duties to accelerate the execution of tasks to help draw up the documents, including those on goods at border crossings.At the same time they take for their services a specific amount of money that is fixed in the contract of mediation, which is signed after the coordination of all the nuances.This contract must be prescribed by the following items:

  • subject of the contract (what the broker must do).
  • cost of services.
  • responsibility of parties to the contract, their rights.
  • Period contract.
  • full banking and legal details of the parties.

Services broker may order any person, given the activity.Their cost can vary depending on the specific situation in the market and must necessarily be fixed in the contract.Only in the case of legal advice or assistance in the sale-purchase of real estate brokerage services cost remains fixed.

responsibility before the law and the client

Depending on the terms of the agreement and the direction of mediation brokers bear administrative and criminal liability.Administrative limited to fines or revocation of a license for the provision of brokerage services.This responsibility is common among insurance brokers, real estate brokers or legal counsel.Criminal liability is often used in violation of the customs legislation or in the presence of fraud.

Financial Brokers

Financial intermediation brokers engaged in the provision of financial services.They work on stock exchanges, are engaged in buying and selling shares, securities, commodities and currencies.The best broker in this area - are companies that trade on the stock market or in binary options.They offer a good environment for its customers, providing the trading platforms and are willing to provide training, education for everyone.

What is a "binary options brokers"?This term referred to those engaged in mediation services in the field of binary options trading.This high-risk companies often do not have the certificate or license.Brokers who have the necessary licenses to trade binary options on the market, very few, but they are the best.