Stockbroking definition

Stockbroking has a particular significance in relation to IG's platform. Here, we define stockbroking in general investing and explain what it means to you when trading with IG.

Stockbroking is a service which gives retail and institutional investors the opportunity to trade shares.

Stockbrokers will trade shares both on exchange and over-the-counter, dependent on where they can find the best price and liquidity. 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

With IG

We offer an execution-only share dealing service as part of our shares trading offering. 

Visit our share dealing section

Find out more about share dealing with IG.

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Contact us

24 hours a day from 10am Saturday to Friday night at midnight.

010 344 0053

You can also email helpdesk.za@ig.com

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.