How to Select the Best Broker?

Want to invest in shares but confused about choosing the right broker? Don’t worry — this guide will help you pick the best broker in Nepal step by step. A broker is the middle person between you and the stock market. A good broker makes your investment journey smooth and safe.

There are many brokers in Nepal, but not all are the same. We will help you understand what to check before selecting one. After reading this, you’ll be ready to choose a broker with confidence.

Article Updated
August 7, 2025

⏳ Time Required
5 to 10 Minutes

💼 Difficulty
Very Easy

📄 What is a Share Broker?

A broker is a company that helps you buy and sell shares in the stock market. You cannot buy shares directly from NEPSE — you need a broker to do it for you. Brokers take small fees for their service and offer platforms for trading online or offline.

📌 Things to Check Before Choosing a Broker

• Broker license from SEBON (check on SEBON website)
• Online trading system and mobile app
• Customer service and support
• Office location (in case you want offline support)
• Low and clear fees
• Good user reviews and trust score

🔧 How to Select the Best Broker

• Go to the SEBON website and see the list of licensed brokers
• Visit the websites of 2–3 top brokers
• Check their services, fees, and user experience
• Look at online reviews (Facebook, Google, forums)
• Call or message them to see how fast they reply
• Choose the one that is easy to use and trustworthy

🏦 After You Choose a Broker

After you choose a broker, open a trading account with them. You may also need a DEMAT account if you don’t have one already. Once your account is active, you can start buying and selling shares through their app or website.

🧠 Tips for Beginners

• Start with small investments
• Use the broker’s mobile app for updates and trading
• Watch share market news and learn basic terms
• Always keep your login info safe
• Don't panic — the market goes up and down

✅ Thank you! You now know how to choose a good broker.

Note: This guide is for learning only. Always do your own research before investing or choosing a broker.

❓ Frequently Asked Questions

Q1: Do I need a broker to buy shares?
Yes, in Nepal, you need to go through a broker to trade shares.

Q2: Are brokers safe?
Yes, but only choose brokers licensed by SEBON.

Q3: Can I trade online?
Yes, most brokers now offer online trading and mobile apps.

Q4: Is there any cost?
Brokers charge small fees on each transaction. Check their website for details.