Brokerage activity is ... Forex: brokers. Stock broker. How to become a broker?

Brokerage activity is a work connected with committing transactions of a civil-law character. In recent years, the market for securities for the market economy has become one of the most important institutions that make it possible to attract investments in those economic sectors that need these investments the most.

This influx of capital is possible for longer periods than bank loans, and often the interest rate is much lower than the interest set by banks. It follows from this that the securities market has become a distribution mechanism that involves the means of business and government structures, as well as the general population, in the financial circulation.

The accumulation of capital of the above-mentioned entities and their involvement in business is carried out through the issuance of blocks of shares with subsequent distribution of them between investors.

Features of brokerage

The line of contacts in the stock market is not limited only to the issuer and the investor (the seller and buyers respectively), but also includes:

1. Banks, which serve both parties, observe the fulfillment of obligations and perform monetary settlements.
2. Depositories that service counterparties to transactions ensure the registration of ownership of shares and perform transactions with them.
3. Registrars. They enter the register of all owners of securities, keep a register of shareholders and observe the observance of their rights.
4. Stock market brokers and dealers. They act as parties to the transaction or are trustees of its participants.
5. Organizers of trade. They create the conditions necessary for concluding an investment transaction.

Brokerage activity is also the provision of professional services by trade agents that conduct specific entrepreneurial activities. They play an important role in the mechanism of buying and selling securities.

An economic institution that trades in securities and acts as an intermediary between the buyer and the seller must create a strict legal regulation. The contract, which allows the broker to carry out the sale / purchase of securities on behalf of the client, has a specific legal structure.

Rights and obligations of brokers

The broker has the right:

• Take into account, use and store funds and securities of customers intended for investment or received from the sale of shares of the client, if the contract provides for this.
• Act as underwriter when investing equity securities.
• To engage in advisory activities on investment / purchase / sale of securities.
• To execute other transactions and transactions stipulated by the contract.

The client base of the broker can be both legal entities and individuals registered as private entrepreneurs. Customers themselves are responsible for the accounting of transactions with their property and finances.

A financial broker does not make tax payments on behalf of its clients. However, this does not apply to individuals who are not registered as private entrepreneurs, as well as to legal entities that are not residents of the Russian Federation.

Each quarter, brokers of the stock market provide the tax accounting authorities with economic reporting for each of the balances held by the brokerage specialist.

After the end of each reporting period set by the client for settlements with government agencies (monthly or quarterly), the broker must provide clients with economic reports on a separate (separate) balance sheet in the amounts set by the Ministry of Finance of the Russian Federation for tax collections for organizations.

The most important duty of the broker to ensure the protection of the interests of customers is the need to provide a quarterly report to customers about all transactions with cash and securities.

Relations between the client and the broker are fixed in the corresponding contract, therefore the parties have the right to conclude additional agreements providing a higher level of security for the client.

Conflict stories

During work on the trading platform of securities, there may be conflicting situations between the broker and the client. In this case, the brokerage employee should not be based only on his own interests, he must notify the client about the problem that has arisen.

If the broker ignores this point of his duties and the depositor incurs a loss in cash, the client has every reason and right to demand compensation from the trustee from the trustee. Return of lost capital through the fault of the broker is carried out according to the existing form of civil legislation provided by the Russian Federation.

For violations of legislation on the securities market, authorities can apply legal sanctions to brokers, up to and including the withdrawal of a brokerage license. The grounds for the withdrawal of a broker's license can serve as follows.

Legal violations:

• Detection of misleading or false data in broker's documents.
• Infringements of provisions of the legislation on securities.
• Detection of incomplete or distorted information in the reporting.
• Intentional misleading of customers and / or financial authorities.

Financial and economic violations:

• Exceeding the deadlines established by the legal authority to eliminate violations.
• Multiple and systematic violations of the procedure for filing financial statements.
• Untimely execution or non-fulfillment of the provisions prescribed by the authorized bodies.
• Breach of the regulation on the amount of equity broker.
• Carrying out of intervention and counteraction to the inspections authorized by authorized bodies.
• Theft of capitals and / or securities of the client in small amounts.
• Non-execution by the broker of transactions with the financial or securities of customers for 6 months or implementation without notice to the client.
• Functional disturbances.
• Transactions in their own favor with the existing conflict of interests between the broker and the client.
• Implementation of several types of professional activities, the unification of which is not provided for by the provisions of the authorized bodies.
• Deception of the client, which resulted in the loss of its capital and / or securities.

Career Broker

When providing brokerage services, a career can quickly fly up - there is no strict hierarchy and vertical structure. Every talented broker can become the head of the department, or even the director of the company.

A good financial broker will easily find a job practical in any financial institution.

A successful broker should be mentally stable, balanced, prone to adventures and risk, but take these steps only after careful preparation and analysis of the market.

Salary and Career Prospects of Brokers

The average salary of specialists working in brokerage offices is about 1000-1200 euro. + Interest. Sealers receive interest for the number of customers involved and their capital. Traders are given extra charges for profits earned as a result of trading on the stock exchange. Analysts earn qualitatively fulfilled forecasts (estimated correctness of forecasts).

Usually in brokerage firms, when calculating premiums, the contribution of each employee is considered separately, therefore it is difficult to name any specific amount of wages. With a good job a month a broker can get a few thousand dollars, a bad one has the risk of remaining without money at all.

Education of brokers

Experts of technical sciences (mathematicians, programmers, engineers) can become docks of brokerage business. When you receive a technical education, a person learns what is necessary when working as a broker: think logically, analyze, predict, count. Although representatives of practical specialties can successfully work in the sales department. The most important thing here is the ability to communicate and know about the specifics of the work.

Of course, if you are sure that brokerage activity is what you need, and you want to associate life with it, you should not go to a physician or a programmer, it's best to consider higher education institutions with financial specialties.

How to become a broker?

Everyone who wants to contact brokerage services has a question: how to become a broker? There are three ways to the goal: to become an agent of a brokerage company, to open a branch of a large foreign or federal brokerage firm, to open its brokerage company.

The most difficult to establish your own organization. According to the order of the Federal Service for Financial Markets, it is enough to fill out a special form and apply, and you will get a license to carry out brokerage activities.

When choosing between an individual business or a limited liability company, experts advise paying attention to LLC. Since the PI is personally responsible for all of the company's debts, the company risks only charter capital.

The Federal Service for Financial Markets will need your documents on the company's registration and a paper confirming that you are on file with the tax authorities.

The final step in creating your own company will be the adoption of the charter of the LLC and some other documents established by the Federal Service for Financial Markets. Now you know how to become a broker and start your own business.

The opening of a branch of an existing brokerage company differs little from the opening of its own company. You need to get permission from the main office of the company with which you want to cooperate. But if in the case of your own firm all the complexity and responsibility lies with you, here you can count on the support of the parent organization.

Work as an agent of a brokerage company is no different from a device for any other position.

Brokers on Forex

Choosing a good broker for the game on Forex is a very important matter. After all, everyone wants to be sure that nothing will happen to his money and that at any moment it will be possible to pick them up.

To be sure that the stock broker will not disappear with your money, do not let them go unclear, you should study the detailed statistics of the company's activities over the past few years. You need a good company with a clean reputation, accurate execution of all arrangements, a stable platform and the ability to withdraw money at any time.

The data below will help you determine the choice of a reliable broker, which will help you earn. Be sure to consider the fundamental indicators of the broker - reliability, time of work in stock markets, the size of capital, reputation. The criteria for reliability are central to the choice of a broker. Always keep the mind sober and do not fall for various promises in the spirit of 100% - 500% per month.

Forex Brokers Rating

You may be surprised to learn how many companies offer brokerage services on the Internet, but, as mentioned above, do not fall for false promises. Choosing a good broker will require some work for you.

Making our rating of brokers "Forex", we first of all relied on the reliability of the dealing center and the broker. After all, it makes no sense to work with an organization that successfully invests your funds, which you can not deduce.

Among the huge number of companies offering brokerage services on Forex, it is difficult to talk about the regional affiliation of the firm. Most of these companies are registered in offshore zones, and activities are carried out in Russia.

We agree to "Russian" call those brokers who work primarily with the Russian-speaking population. For example, the Broco trading platform is registered in Mauritius, and from there it is regulated, but the main regulation of activities is directed to the Forex market in Russia, Ukraine and other CIS countries.

Reliable DC and forex brokers

The first broker in the Russian market of the largest companies providing brokerage services is Alpari (site).

Alpari Group of companies is the largest not only in the market of Russia and CIS countries, but also one of the largest in the world. As of March 2011, the monthly turnover of Alpari was more than $ 210 billion, and the number of active accounts exceeded 170,000.

Opening a deposit in Alpari, you can be calm for the safety of your money, even if it is a very large amount.

If you talk about advertising in the spirit of "The best Russian forex brokers" (for sure you met such), I want to note that it does not bear almost no semantic load and does not guarantee you that this company really is something of itself.

Before you start working with a brokerage firm, read reviews on independent websites or ask more experienced users at specialized forums. So you will surely learn all the shortcomings of this or that company.

Advantages of Alpari

1. Reliability of the company is beyond doubt.
2. You can work with Alpari with small sums, or with large sums.
3. The company has been present on the brokerage services market since 1998.
4. The monthly turnover of Alpari is over 210 billion dollars.
5. The company operates in 20 countries and employs more than 600 employees.
6. More than 170 000 active accounts have been opened in Alpari (total more than 300 000).
7. Good conditions for depositors, spreads - from 0.5 points.
8. Low thresholds Limit / Stop, which is convenient for placing pending orders, which can be placed directly near the price point.
9. Has a large set of tools that allow you to specify in detail how to dispose of your funds.

"Alpari" is not only the largest enterprise in the category of "brokers of Russia", but also one of the largest companies providing such services all over the world. It is a large, solid and reliable firm.

It respects both the advanced brokers and ordinary traders. If due to some technical reasons there was a leak of your funds, it is enough to issue an application, the administration will consider it and with a high probability you can return the lost money back.

"Alpari" - a rare company in the vastness of the Russian Internet, which scrupulously refers to its own reputation. Alpari also cooperates with ECN Currenex, which allows conducting financial transactions directly through interbank. In addition, the magazine RBC recognized the "Alpari" better forex broker in 2009.

Now let's look at some foreign representatives from the category of "forex brokers."

The following companies are leading in reliability:

• Alpari UK. English company, part of the Alpari group of companies.
• Dukascopy. Swiss company.
• FXCM. A major European broker.

Regarding the reliability of the dealing, the best are Alpari and Dukascopy, both of these companies offer users direct access through the interbank.

Our rating of brokers "Forex" takes into account not all the list of companies providing these services, but only those that we could experience first hand.

Brokerage services for obtaining a loan

The modern market of credit services is constantly evolving and is characterized by a huge variety of proposals. A simple person who needs a loan, is unlikely to be able to quickly figure out what is what in these truly vast expanses.

In choosing the best and most reliable lender you will need the help of a credit broker, the best supplier of such services in Russia is the company "Credit Expert".

If you need to get a loan you can help any credit broker. Assistance in obtaining a loan also includes the selection of the most suitable tariff plan for one or another client, advice on the pros and cons of this credit program.

Brokerage operations with analytical activities will help you make a list of the most suitable loan proposals. Simply put, brokerage activity is a set of measures aimed at meeting the client's credit needs and minimizing risks in taking a loan.

The credit broker will render professional assistance due to his theoretical and practical knowledge. From such cooperation the client will receive a full, dignified and timely consultation in choosing a suitable lender for him.

The work of brokers with securities

To date, in the sphere of securities operations, brokerage activity is a set of actions for the management of client securities:

• Operations with bills;
• Purchase and sale of securities for customers;
• Purchase of securities from individuals;
• Purchase and sale of securities on specialized sites;
• Providing consulting services on securities for customers.

Advantages of trading in securities

• Tax benefits.
• Increase in financing terms.
• Create a public credit history.
• Brokerage operations with securities are inexpensive, and you risk nothing.
• Reducing the cost of financing.
• Attraction of financial capital of investors.
• Optimization of production and financial processes.