Basic purpose of this article is to Define and Discuss on the Stockbroker. There are two different varieties of stockbrokers and brokerage firms: discount and full service. A traditional brokerage company and broker provides customer with one-on-one advice and expertise. A full service broker usually provides extensive investigation about portfolio and potential investment opportunities and updates the investor about their portfolio. A full service broker is generally available to respond for you to questions or concerns virtually immediately and works to make a personal and professional relationship with their clients.