Questions tagged [broker]

An individual/entity who helps buy or sell a tradable asset. Often used with stocks, bonds, options, foreign-exchange. Related tag is brokerage, the fees charged by the broker.

Filter by
Sorted by
Tagged with
1 vote
1 answer
137 views

Is it normal that some brokers don't post orders to exchanges?

About 40 minutes ago, I posted a buy order of IE00B4L5YC18 at 31.12 EUR/share to Scalable Capital for execution at Gettex. The sell price has been fluctuating a bit since but as of the writing of this ...
UTF-8's user avatar
  • 922
2 votes
1 answer
75 views

Does indivitual investor get protected by Deposit Guarantee Scheme if the money has been transfered into a collective escrow account?

Some brokers like trade republic are advertising the investor's deposit is protected under Deposit Guarantee Scheme. But in the same time it keeps mentioning that the deposit is actually in a ...
Wang's user avatar
  • 123
1 vote
0 answers
35 views

IBKR T&S FINRA on exchange

I've opened the T&S table in IBKR and I've seen in the "Exchange" column a lot of entries with the name "FINRA". I've googled what it is and it stands for Financial Industry ...
David's user avatar
  • 123
35 votes
5 answers
12k views

The security team has noticed suspicious trading activity. Insurance fee is 25%

On my trading platform(TCI-Investment), I've received a message from security, that I must pay an insurance fee of 25% cause they thinking I'm trading with insider information. "Starting from ...
Liver Makentoshe's user avatar
0 votes
2 answers
175 views

How to simulate a stop-limit order, stop-loss, and take-profit in backtesting?

I'm working on backtesting a strategy. I need to simulate stop-limit order, stop-loss, and take-profit. Here's my understanding of these concepts: Stop-limit order: You ask the broker to buy the ...
A User's user avatar
  • 13
0 votes
0 answers
71 views

German discount brokers that don't claim fund's periodic kickback payments

In Germany, it's legal for an investment fund to pay your securities account provider a yearly provision. Basically it's a form of kickback payment, i.e. one where your broker that provides you your ...
maxschlepzig's user avatar
-3 votes
2 answers
577 views

Do CFD brokers ban profitable clients from trading on their platform, since these clients make them lose money?

Many CFD brokers make money from trading against their clients and profitable clients make them lose money. This is similar to how casinos operate. Casinos ban profitable customers. Do CFD brokers do ...
curious's user avatar
  • 2,167
1 vote
2 answers
201 views

Investing on someone’s behalf UK

If I wanted to invest on my friends behalf for a percentage commission to them, do I need a license to do this? Is it as simple as registering with someone if this is the case?
Adam Pollock's user avatar
2 votes
0 answers
89 views

Transfer of shareholders for public company redomiciliation

A public company that I own stock in wants to change its domicile. I can see that ordinary shares (not referring to the DRs) of the company is listed on three exchanges in three countries, lets call ...
Mikke Mus's user avatar
  • 129
5 votes
2 answers
941 views

Do you pay interest on trading with unsettled funds in a margin account?

If you buy/sell a stock with 100% of your account (not on margin, but with a margin account) will it just be settled immediately, or do you need to be on margin and pay interest to be able to trade ...
Hills's user avatar
  • 153
3 votes
1 answer
1k views

Does eToro's Dividend Growth smart portfolio really pay dividends?

Four months ago I started an investment in Dividend Growth on eToro. I once read that dividends are not automatically reinvested but actually go straight into one's balance. However, I haven't seen ...
Richard's user avatar
  • 133
3 votes
1 answer
167 views

Is it a good idea to spread investments over multiple stockbrokers?

In the UK, I believe stock brokers are required to use nominee accounts to hold shares on behalf of individual investors, so that if the stock broker were to collapse the investments themselves are ...
DBPaul's user avatar
  • 131
1 vote
1 answer
344 views

What are alternatives to Black-Scholes model that doesn't assume random walk behavior?

I've recently started binary options trading as a hobby and I want to know how brokers decide the return rates on binary options. I asked this Question and I tested the model proposed in the answer. ...
Anthraxff's user avatar
2 votes
4 answers
166 views

What are the main criterias of brokers when giving return rates on binary options?

I've recently gotten into binary options trading. I've tried multiple brokers like deriv, IQ options,Pocket options etc. What I want to know is how these brokers give the return value for a winning ...
Anthraxff's user avatar
0 votes
1 answer
84 views

Will broker release some of the margin to cash account if the market go in my favor?

Say the broker requires a init margin of 40%, and a maintenance margin of 30%. If I buy 10000 USD worth of stock, depositing a margin of 10000 * 40% = 4000 USD. How do I calculate the required margin ...
古今中's user avatar
  • 115
0 votes
1 answer
203 views

Do I own ETFs when going through a broker?

I am considering investing in ETFs, mostly to learn, and without any formal financial education. If this matters for the question, I am French living in France. I started to read about ETFs and found ...
WoJ's user avatar
  • 1,210
4 votes
1 answer
235 views

Is it legal for a stock broker to use client's idle money to generate interest and enjoy the benefit without sharing it with its clients?

I read an "investment report" about an online US stock broker, saying that the broker can gain extra earnings from clients' idle money interest without sharing the interest with its clients. ...
AGamePlayer's user avatar
  • 2,517
2 votes
2 answers
140 views

When a company is listed in more than one exchange, how the stock exchange prevents a double sell of the same share

What prevents a broker from selling the same share simultaneously at two different stock exchanges?
someone235's user avatar
0 votes
0 answers
92 views

Was this brokers buying price real?

I started to invest with a broker company without any knowledge about system how it works. Is it possible that they shows me that they sold the shares for much higher price as was the High value ...
Zoli's user avatar
  • 11
2 votes
1 answer
72 views

Transfer holdings to different broker w/o paying capital gains?

Suppose you own a bunch of stocks/ETFs with a broker (e.g, Fidelity) and you want to switch to another broker (e.g., Vanguard). You can certainly sell the stocks/ETFs, move the cash to Vanguard, and ...
minou's user avatar
  • 7,516
1 vote
0 answers
74 views

Finding brokers to invest in US index funds that support iraq

I live in iraq and i would like to invest in US index funds.looking at the popular brokers like robinhood and vanguard they state that they don't support investing from my country.Googling for iraqi ...
MOHAMMAD RASIM's user avatar
0 votes
0 answers
70 views

How can brokers profit from spread? [duplicate]

How can brokers profit from spread? Isn’t market makers that profit from spread? And also how do brokers profit from OTC gain? How does that exactly work?
Kmd's user avatar
  • 41
1 vote
1 answer
152 views

What are the tax consequences of loaning securities to one's broker aside from the dividends being paid as payment-in-lieu taxed as income?

I'm trying to understand the tax consequences of loaning securities to one's broker in the United States: The dividends of the loaned security are being paid as payment-in-lieu, which is taxed as ...
Franck Dernoncourt's user avatar
1 vote
0 answers
96 views

Do I need to declare all my citizenships to my broker or bank?

Do I need to declare all my citizenships to my broker or bank? This is a follow up question https://law.stackexchange.com/questions/75069/can-one-of-my-citizenships-cause-problems-with-investing
user113382's user avatar
2 votes
1 answer
93 views

Do American brokers and banks report client information (account size, balance, yearly profit) to client's country?

Do American brokers and banks report client information (account size, balance, yearly profit) to client's country? Question is ONLY for NON-US citizens. Client's country refers to Where client lives....
user113261's user avatar
0 votes
2 answers
157 views

If someone makes a mistake and sells their shares for 1c, who buys them?

Assume the market price is $100. Does the person with a limit buy at 1 cent get filled, or does the person with a market order get filled at a discount. Or is there some sort of safeguard? What would ...
Lewis Kelsey's user avatar
1 vote
2 answers
137 views

Investing in funds via broker, funds in brokers name not mine

As the question states. I am considering investing in funds via a local broker who has quite a good reputation. It was pointed out to me that the funds, eg. BlackRock, would have no record of my name. ...
brownie74's user avatar
0 votes
0 answers
96 views

Today, can one buy stocks in a stock exchange market without being a registered member of that market?

Stock exchange markets are not my expertise and I don't know all the markets in the world (let along the history of generally any one of these markets), but all those I know do require registered ...
user avatar
17 votes
5 answers
8k views

Is my investment safe if the broker/bank I'm using goes into insolvency?

I'm using Scalable Capital as my broker. Once I buy ETFs through them, if Scalable Capital (or the bank they are partnered with) goes into insolvency, is my investment safe? I'm wondering if I should ...
MarkJeglic's user avatar
0 votes
2 answers
341 views

When I send money to fund my account, what obliges a broker to put it in my account?

When I send money to fund my brokerage account, I send the money to a bank account which I can't know if it's personal or business. What obliges a broker (which we deal with him on the basis of trust ...
huab's user avatar
  • 927
1 vote
0 answers
131 views

Are there any studies on the success of day traders? [closed]

If you know about any published research paper on trade accuracy or from broker perspective that what percentage of clients are profitable in day trading.
Dank trader's user avatar
0 votes
1 answer
404 views

Riskless Principal - how does it work?

I've read the Investopedia article on Riskless Principal and my understanding is that a broker/dealer gets an order from a client of buy or sell a security at say 10. Then at the same time the broker ...
learningmathematics's user avatar
0 votes
3 answers
166 views

Must I to pay a 2% commission if I invest in a mutual fund via an online broker?

If I invest in mutual funds via one of the online brokers; such as Interactive Brokers, Fidelity, Vanguard, etc.; do I need to pay a 2% commission to the exchange in which the shares are bought? If so,...
Our's user avatar
  • 373
10 votes
3 answers
3k views

Is thomastradingservices legit? [duplicate]

I have invested in a company called thomastradingservices (link removed) and got profit. Now to withdraw they say I need to buy bitcoin worth 20% of the profit and send it to their wallet to receive ...
Ivar's user avatar
  • 111
-1 votes
2 answers
118 views

Trade stocks for stocks without involving cash [closed]

As I'm trading stocks, most of my transactions are selling stocks that have gains and immediately investing in other stocks. I wonder why there isn't a platform that allows you to just trade stock for ...
DonO's user avatar
  • 111
1 vote
1 answer
175 views

Sell stock without a full broker account

I have a few stocks from a public company. I got them after a startup I worked in got acquired by this public company. So now I have an account on AST Financials, and my stocks are in their books (I ...
Babcool's user avatar
  • 111
1 vote
1 answer
73 views

If I wish to vote for a company's special meeting, should I vote via all brokers, or does voting via one broker suffice?

I own some shares in the company that will hold a "special meeting", for which shareholders have the option to cast their vote for. My shares are spread across several brokers: each of them ...
Franck Dernoncourt's user avatar
2 votes
1 answer
286 views

DEGIRO: Is Debit Money better than an MMF-ETF short for leveraging?

I was looking into the options of leveraging my main index fund by a certain amount and was recommended to use Degiro's inhouse credit product "Debit Money". Current annual cost: 1.25% pa ...
Steven's user avatar
  • 21
5 votes
2 answers
2k views

How did my 4 Tesla shares turn into 12 shares?

I bought 4 shares of Tesla on 3 separate occasions (between October 2019 and September 2020) and recently became aware that my brokerage account lists 12 shares rather than 4. So, my cost basis is $...
King Creole's user avatar
6 votes
4 answers
2k views

Why don't brokers take money today for pending buy orders?

It was in the news recently that RobinHood had to prohibit some customer orders due to a lack of liquidity. The explanation was that because brokers like RobinHood take orders today which are ...
MikeFHay's user avatar
  • 161
0 votes
1 answer
80 views

Why are there SEC net capital requirements for brokers?

This explains that the net capital rule is for the "ability of broker-dealers to meet their financial obligations to customers and other creditors." My understanding, however, is that client ...
curiousgeorge's user avatar
1 vote
1 answer
120 views

How is settlement risk shared between exchange, clearing broker, and clearing house?

As I understand it a trade works as follows. A buys from B on an exchange. Instead of a direct exchange, A and B report the trade to their clearing brokers. The clearing brokers then submit the trades ...
curiousgeorge's user avatar
1 vote
1 answer
109 views

If I loan securities to my broker, can this turn long-term capital gains/losses into short-term capital gains/losses?

E.g., if I purchase stock A on 2020-10-30, loan it to my broker from 2021-02-01 to 2021-11-20 and sold it on 2021-12-01 making a capital gain of X USD, will that count as long-term or short-term ...
Franck Dernoncourt's user avatar
12 votes
1 answer
1k views

How can stockbrokers be so cheap in the U.S.?

How do stockbrokers in the U.S. manage to be so cheap? In Germany, I know a few brokers but at most of them, the cost of an order is over 5€ (approx. 6$) every time. In the states, you have brokers ...
snenson's user avatar
  • 223
2 votes
1 answer
2k views

can I trade stocks in IEX with Interactive brokers?

I have accounts in a couple brokerages. I trade stocks just fine, however I miss any good understanding of some fundamentals, and how things work under the hood. I'm confused about stocks being traded ...
govordovsky's user avatar
1 vote
1 answer
71 views

Is there completely free options broker? [closed]

I'm looking for cheapest options broker available, and stumbled across Firstrade. They don't charge commission or fee, but unfortunately they collect SEC Fee and Options Regulatory Fee when selling or ...
NoOne's user avatar
  • 11
0 votes
1 answer
124 views

Are the shares that I own via my broker under my name?

Are shares under my name if I purchased them via my broker? What if my broker goes out of business? That should have no effect on my shares because I own those shares. They are already bought and paid ...
Bear Bile Farming is Torture's user avatar
33 votes
6 answers
9k views

Why do real estate agents always ask me whether I am buying property to live-in or as an investment?

Trying to buy a house. Along with -- what is the maximum you are willing to pay -- this is the most frequent question. Why do they care whether I will live in it or rent it out? The two are not ...
A.L. Verminburger's user avatar
7 votes
2 answers
1k views

Invest in Vanguard Index Funds (from Germany)

I am planning to invest in Vanguard Index Funds while living/working in Germany, but only interested in specific ones (see below). But I cannot seem to find them via brokers that I usually do my ...
TwinPenguins's user avatar
11 votes
3 answers
1k views

Is the stereotype of a businessman shouting "SELL!" and "BUY!" into a telephone in any way attached to reality?

In numerous cartoons and whatnot, you see a rich businessman shouting "BUY!" or "SELL!" into a telephone. Sometimes, it's just that, and sometimes, they may shout the slightly more ...
Jordaan's user avatar
  • 127

1
2 3 4 5