CFDs are complex instruments. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Stockbroking definition

Stockbroking is a service which gives retail and institutional investors the opportunity to buy and sell equities.

Stockbrokers will trade shares both on exchange and over-the-counter, dependent on where they can find the best price and liquidity. Stock exchanges place strict regulations on who can trade shares directly on their books, which is why most individual investors hoping to trade shares will do so via a stockbroker.

Typically, a stockbroking firm will charge commission on the trades it makes on a client’s behalf, or a fee for retaining its services.

There are several different services a stockbroker can provide:

  • Execution-only stockbrokers will complete orders on your behalf, but do not offer any advice
  • Advisory stockbrokers will offer advice on where to trade, but only trade on orders submitted by you
  • Discretionary stockbrokers will trade on your behalf, executing trades without your input

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Contact us

Questions about opening an account: +44 (20) 7633 5430, Malaysia Toll Free: 1800 889 539 or email: sales.en@ig.com

Existing client questions:
+44 (20) 7633 5431, Malaysia Toll Free: 1800 880 754 or email: helpdesk.en@ig.com

We’re here 24 hours a day, except from 6am to 4pm on Saturday (UTC+8).