What would you like to do?
How old do you have to be to become a stock broker?
You must be sponsored by a stock exchange member then you must take and pass the Series 7 exam. You must also take and pass the Series 63 & 65, or you can just take the Series… 66 (which includes both). Most people now are taking the Series 66 because it affords you the title of Registered Investment Advisor and allows you to recommend "managed accounts".
55 years old, or till death do we part!
Unless you're already licensed, it's nearly impossible. You have to be sponsored to sit for the FINRA Series 7 exam (required). Most independent firms will NOT sponsor you…. Why not you may ask? Because so many other candidates are licensed already who are looking to apply.
Yes. Someone can become a stock broker. The proof of this, there are stock brokers.
Stock brokers are individuals and companies that buy and sellsecurities for their clients. They act as middlemen between buyerand seller and executes the orders of their custo…mers. -- A stock broker is an industry-regulated professional who buys orsells stocks for an individual or institution. Depending upon thetype of broker, their duties will also vary; A discount brokerusually just executes your orders, while a full service stockbroker will also offer advice, recommendations and tips along withconducting your transactions on your behalf. People who want towork independently generally prefer a discount broker. But to workindependently, you should have in-depth knowledge about the stockmarket. Otherwise, it's best to rely on the expertise of aprofessional full service broker to help you with your investmentdecisions. .
Stock brokers usually get paid between 300.00-500.00 per week salary when they are trainees. After that they work on commission. Stock brokers can make anywhere from 30,000 to… over 1,000,000+. There is no set limit. The harder they work the more they get paid.
a broker buys and sells stocks for their clients. They get paid commissions for doing this. It s kinda like being realestate agent, the broker is the middle man between …2 investors those that want to buy and those that want to sell. broker dealers also have their own "book", apart from buying/selling on clients behalf they can buy/sell for their own position.
Answer In order to become a stock broker you just have to sign a sub broker agreement with the main broker. Currently in INDIA the Arihant Capital Markets Ltd. is provi…ding the sub brokership. You have to deposit a nominal amount as a security deposit with the company and you can start your own trading terminal. v i z h e a d @ g m a i l . c o m
A stock broker is a person who actually trasfers a stock in or on the stock market from your portfolio. Stock Broking is the actual or physical trade done by them.
You do not always need a degree to become a stock broker. As a matter of fact, some high school dropouts have become stock brokers. That said, most brokerages will look …for certain classes on resumes. These may include but are not limited to financing, business major, or math. Some people happen to have a knack for math, financing, and stocks. However this is not recommended to be something you rely on. These courses look good on applications and may prepare you for a career in the financial sector. Good luck and best wishes, Jake.
A broker is the person through whom we buy/sell stocks. For example your DEMAT Account provider can be considered your Broker.
In Stock Market
Stock brokers are regulated professional individuals who are usually associated with a brokerage firm or broker-dealer. They buy and sell shares and other securities through a… stock exchange or over the counter in return for a fee or commission. Their clients can be individuals or institutions.
In Stock Market
It may be easier to have a broker in the beginning if you are just starting out. But there are a lot of stand alone programs that can help you on your way without the price of… a broker. Answer: Futures and options trading is a high risk-high gain investment as it is speculative in nature and based on market volatility. Hence a deep knowledge and experience about the stock market is required to gain good returns from F&O trading. In the initial stages of investment, it is always advisable to have a stock broker to guide you in your trading process so that you may not end up your investment in losses. Reputed broking firms like GEPL Capital have a team of proficient experts to guide you in F&O trading.
Canadian Stock brokers may be contacted through the website Interactive Brokers. Contact information is also available at Options House, Quest Trade, the website Dave Manuel a…nd Noble Trading.