0 Anonymous Asked: November 2, 2020In: Finance What is the Importance of Brokers in the Stock Market? 0 What is the Importance of Brokers in the Stock Market? Share Facebook 1 Answer Voted Oldest Recent devangthakkar 0 Questions 78 Answers 0 Best Answers 182 Points View Profile devangthakkar Added an answer on November 2, 2020 at 7:21 pm If you want to start trading in the stock market then you have to do it with stock exchanges. There are two exchanges in India Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). Here you need a middle man to execute the trade for you. Such a middle man is called a stock market broker. The role of stock market brokers in Mumbai is to buy and sell the stocks at the stock market on behalf of investors. There are many stock broker firms in India through which you can trade on the stock exchange. Stock market brokers possess expertise in working in the stock market, market trends, the performance of stocks, etc. They provide excellent advice to their client. Apart from stocks, they also deal with other securities like mutual funds, bonds, commodity trading, etc. 0 Reply Share Share Share on Facebook Share on Twitter Share on LinkedIn Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer.