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The broker does the trading for you personally, and may counsel you about what to purchase or offer. They need to have a reasonable foundation to recommend one thing for your requirements, and disclose any interest they usually have on it.

Charges are a portion for the value of a trade. Typically, the larger the deal, the reduced the portion you spend. Many agents charge a fee that is minimum. For instance, the cost on a deal all the way to $5,000 can be 2.5%. For a big trade, it might be 0.1%. Therefore, little trades worth a few thousand bucks is reasonably costly.