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How much does a stockbroker earn?

Updated: 10/10/2023
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9y ago

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it depends on what firm and who they work for the average a stock broker earns is from 30k-70k but stock brokers live for the bounese, if their preformance is good they can receive a bounses in the millions.

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12y ago
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9y ago

A stock broker is paid by commission. A successful stock broker will make six digits per year. The pay is based on the number of clients and how much each client has to invest.

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9y ago

The average salary for a commodities brokers is close to $35,000 per year. The amount will vary depending upon their experience and education.

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9y ago

Contrary to popular opinion, stockbrokers do not make much money a year. The average stockbroker makes around 55,000 dollars a year.

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9y ago

£150,000 (estimate)

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How much money does a stockbroker earn?

It varies. Success usually depends on skill and effort. Being a Stockbroker, I feel qualified to answer this one. A stockbroker can earn any amount of money that he/she wants to earn. Since it is a Commission-Only business, your annual income will depend upon the following: 1. How much effort you put into your work. 2. How good you are at it. The average stockbroker with a major firm (Merrill, Smith Barney, AG Edwards etc) will earn about $100,000 per year or more. This would be for brokers with 5 or more years of service. There are brokers that earn less and some brokers earn in excess of $500,000 per year.


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