About Financial Brokerage
Financial brokerage is provided by the firm or the individual who is an expert in the field of brokers, as the broker conducts the financial transaction on behalf of another party. The financial brokerage service can be provided through online and offline medium, some of the brokerage offer service transaction, investment advisory service, etc. In return for the financial brokerage service, whether offered for personal, enterprise, or any other purpose it charges the percentage of commission for the service.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Financial Brokerage market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Financial Brokerage market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Financial Brokerage market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Financial Brokerage, Inc. (United States), Axis Direct (Axis Bank) (India), Aditya Birla Money (Aditya Birla Capital) (India), DEGIRO (Netherlands), JPMorgan Chase & Co. (United States), First Allied Securities, Inc. (United States), AXA Advisors, LLC (France), Equitable Holdings, Inc. (United States), Social Finance, Inc. (United States) and TradeStation Group, Inc. (Monex Group) (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are LYNX (Netherlands) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Financial Brokerage market by Type (Stock, Bond, Home Finance and Others), Application (Personal and Enterprise) and Region.
On the basis of geography, the market of Financial Brokerage has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Broker, the sub-segment i.e. Stock Broker will boost the Financial Brokerage market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service, the sub-segment i.e. Offline will boost the Financial Brokerage market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Consumption of Online Financial Brokerage for Easy Service
Market Growth Drivers:
Demand for Multiple Funding Sources Across a Variety of Products and Specialist Lenders and Increasing Number of Financial Service Around the World
Challenges:
Stringent Regulatory Guidelines on the Financial Brokerage
Restraints:
High Commission Rate of Financial Brokerage
Opportunities:
Growing Investment of People on Stocks and Bonds will Boost the Financial Brokerage Market and Promotional Activities for the Financial Brokerage
Market Leaders and their expansionary development strategies
In December 2023, South Korea’s leading asset manager Mirae Asset Financial Group has acquired Sharekhan Ltd., India’s 10th-largest brokerage firm, to enhance its presence in the Southeast Asian country, one of the world’s fastest-growing markets in the post-China era.
In April 2020, SoFi to acquired online brokerage firm 8 Securities to foray into Hong Kong. Financial terms of the deal were not disclosed. The acquisition marks SoFi’s first entry into international market. 8 Securities is claimed to have tens of thousands of customers across more than 50 countries. The online brokerage company is said to have raised more than Dollar 60m in venture capital.
Key Target Audience
Financial Brokerage Service Providers, Financial Brokerage industry Association, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.