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Do you need a stock broker to sell your stocks?

Updated: 8/18/2019
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14y ago

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No. If you have a trading account then you can use that to directly buy or sell stocks.

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14y ago
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Q: Do you need a stock broker to sell your stocks?
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Related questions

Can you buy stock from the stock market?

You have to be a broker with a seat on the exchange to trade stocks on the stock exchange. You can get such a broker to buy and sell for you, but he will charge a commission. There are stocks that you can buy directly and other stocks that are not traded on the exchange and any broker can buy for you,


What is the procedure for selling stocks that you own?

If you have the certificates you need to take these to your bank manager or a stock broker and instruct them to sell the stocks for you (you cant do this yourself you have to go though a broker) - they will charge commission.


Do you need a stock broker in order to buy stocks?

In order to buy and sell stocks one does not necessarily need a stock broker however one has to have some level of market trends and forecasting knowledge before entering into domain of stock trading. Almost all financial institutions today offer direct investing account which can be used for trading stocks.


Who is a broker in stock market?

A broker is the person through whom we buy/sell stocks. For example your DEMAT Account provider can be considered your Broker.


Where can you buy and sell stocks?

From an organized stock exchange like BSE, NSE, NASDAQ etc using a registered stock broker


What is the role of a stock trading broker?

A stock trading broker's role is to buy and sell stocks and securities on behalf of someone else for a fee. A stock broker must have a professional designation depending on what securities they are selling and what services they provide their client.


Difference between broker and jobbers?

The difference between a broker and jobbers is the role that they play in the buying and selling of stocks. A broker is hired by an investor to buy and sell stock for them. A jobber ensures that when the broker wants to buy or sell, that there is someone lined up for the broker to buy or sell from.


What is stock marketing and how do you participate in it?

The stock market is where you can buy, trade, and sell stocks in a large variety of companies. You can invest in stocks yourself, or you can go to school to learn more about trading and become a stock broker.


How can one sell stocks online?

Stocks may be sold online through an online broker. The stock seller requests and executes the trades as opposed to a live, human broker. Websites such as Scottrade and Sharebuilder will assist a person in selling their stocks online.


Can one trade stocks on the online stock exchange?

Anyone can buy and sell stocks.Only requirements:You need to be adult (so you can legally spend your own money, age ~18 many places)You need some moneyYou need an account with a stock broker, who will do the trading on your behalf. (You tell him/her what to buy or sell at which prices, and he/she executes the transaction for a fee.)Online self-serve brokers are the cheapest alternative for individual small-time investors.If you are asking who can be a stock broker, trading stocks on behalf of others, you would need a license. See related link.


Used by investors to buy and sell stocks without using a broker?

One method investors can use to buy and sell stocks is a direct stock purchase plan. This allows the investor to make transactions directly through the company without the aid of an agent or broker.


Who do I write a letter to sell my stocks?

You don't write a letter to sell your stocks. Call a broker.