Stockbrokers (Share Dealing Advice)
Depending on your knowledge, experience and/ or the share dealing advice you receive, buying and selling shares on the stock market can be highly profitable if you are willing to take the risk.
Shares are bought via a stockbroker in a number of ways:
- Execution-only - this is where an investor uses the stockbroker as a means of buying and selling shares only. No share dealing advice is given by the stockbroker and therefore trading in this way is cheaper.
- Advisory - the stockbroker gives the investor advice about their existing and potential share investments, with the stockbroker buying or selling shares depending on what you have discussed and agreed to.
- Discretionary - the stockbroker has entire responsibility for the share investment decisions, which should be based around your investment goals and the degree of risk you are prepared to take. Unlike the advisory service, the stockbroker does not need permission when buying or selling shares. This can work well for those who have limited time or knowledge.
If you feel that the stock market is a good investment facility there are a number of other ways that you can invest, with different degrees of risk involved:
The links below may be useful for information about buying and selling shares, share dealing advice and to research stockbrokers.