Stockbroking definition

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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.

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