Is becoming a stockbroker really that hard?

Question

Is becoming a stockbroker really that hard?

Answer 1

A Stock Broker is a salesman. If you're good at selling, you can make a lot of money (commissions) by being one. Watch "Boiler Room" or "Wall Street" and you'll see what I mean.

Answer 2

No

If you good at sales and considered a people person you can be stock brokers.  

Other than being able to sell, you need no special skills.

I've been in the business for over 40 years, and I think a stock broker is the dumbest thing walking upright

Answer 3

It is getting more difficult due to compliance (MiFID in particular). A while ago if you were the son or daughter of a good client, it was no problem!

Actually you cannot become a stockbroker as there is no indidividual membership now (LSE) only corporate membership. So you could be an authorised person associated with a stockbroker.

As others answers have suggested there are several aspects to this, although most answers sound a bit derogatory as if salesman is a dirty word. There are analysts and salesmen. The analysts come up with the ideas and the salesmen sell those ideas to (mainly) institutions.

Thanks for the thumbs down!

Answer 4

go and watch the movie pursuit of happiness and u will get ur answer.........

Answer 5

No! But becoming a successful one is.

Answer 6

No to become a stockbroker is not very hard, you most know your maths

Answer 7

No.  Developing your own firm can be. The trick is to be one total integrity individual, and have your honesty and success spoken about to others by your customers.