523 Stock brokers can aim to trade on the New York Stock Exchange, which is the world’s largest stock exchange, the American Stock Exchange, which specializes in exchange-traded funds with small and mid-cap stocks, or the NASDAQ, which is. “Over the Counter” Stock Exchange. The average stockbroker salary can be more than $175,000 for retail stockbrokers and about double that for institutional stockbrokers, while the average investment banker can make around $850,000 in salary and bonuses. Characteristics of successful stock brokers To get customers to trust you with their investment, you need confidence, sales skills and the ability to accept repeated rejections. Excellence in stock brokers requires integrity along with competence and professionalism. Employers prefer to hire adults with good interpersonal skills, who have the ability to work independently. Employers also welcome successful people from other professions who want to change careers. Employers may conduct credit checks to ensure applicants have a clean criminal record and good credit history. Click here: investing in US Stocks Essential Qualifications and Licenses No stockbroker is required to have any special qualifications, although many stockbrokers have degrees. A bachelor’s degree in business, economics or finance can be helpful and is a must if you are interested in joining one of the largest brokerage firms. Usually, people don’t become stockbrokers right after graduation. To become a stock broker, you must undergo professional training at a stock brokerage firm and obtain a license by passing the General Securities Registered Representative Exam. Before you take this exam, you need to undergo at least four months of on-the-job training as an intermediary for stockbrokers. After completing the Registered Representative General Securities Exam, you will need to take the Uniform Securities Agents State Law Exam in many states. Unlike other careers, online professional training or free professional training for stockbrokers cannot replace this mandatory period of brokerage house work and career grants are not available for this training. The Series 7 Stock Brokerage Exam, administered by the National Association of Securities Dealers (NASD), equips individuals with the qualifications necessary to trade a wide variety of corporate securities, except commodities and futures. Posting a stockbroker’s profile on the Internet can help brokers gain exposure through search engines like Google and Yahoo and bring you more business. These lists can help consumers compare US stocks broker comparison before deciding to sell their business to a particular broker. Stock brokerage is an amazing business and those who persist in their efforts to succeed can expect success beyond their imagination. stockUS stocks broker comparison 0 comment 0 FacebookTwitterPinterestEmail Uneeb Khan Uneeb Khan CEO at blogili.com. Have 4 years of experience in the websites field. Uneeb Khan is the premier and most trustworthy informer for technology, telecom, business, auto news, games review in World. previous post All about the former cricketer’s regal residence in Sundar Nagar next post How To maintain hair health and stress away Related Posts Heartfelt Option for this Special Occasion: Send Rakhi... May 2, 2024 Designing a Modern & Functional Dental Practice: The... May 2, 2024 The Unfolding Essentials of Under Counter Fridge Selection May 2, 2024 Navigating Prostate Health: A Comprehensive Guide to Prostadine April 30, 2024 Changing Perspective: 7 Drawing Room Designs that Incorporate Study... April 29, 2024 Expert Audi A6 Repair in Dubai Services: Ensuring... April 29, 2024 Unraveling Excellence: Maserati Repair in Dubai April 29, 2024 Mastering Audi Q3 Repair in Dubai: Your Ultimate... April 29, 2024 Unveiling the Magic: Wedding Dress Cleaning in Dubai April 29, 2024 Investing in Lahore Commercial Real Estate: Opportunities and... April 29, 2024