The fee to be paid to a buyer's broker by a buyer-client is determined by the agreement between the buyer's broker and the buyer
A broker is an individual or company that acts as an intermediary between investors and a stock exchange. Brokers can also refer to the firm's role when acting as the client's agent and charging the client a fee for their services.
The definition of a broker is someone who buys and sells things on behalf of others. Someone you hire to buy stocks for you on the stock market is an example of a broker. They are intermediaries between two parties. In stock market jargon, a broker is a person or company that executes buy and sell orders for investors at a fee or commission.
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