What is a CFA a CFP , and a CMT? Are these different types of brokers?

Question

What kind of exam does a broker have to take?

Answer 1

These are professional designations, that signal that a particular individual has the required knowledge to perform certain jobs/services. They have nothing to do with brokers. CFA stands for Chartered Financial Analyst. CFP is Certified Financial Planner and CMT is Chartered Market Technician. Try wikipedia for more detailed explanation of what these designations mean.

To be a broker you need to get a licence, which means you need to pass certain exams, but they are not CFA, CFP, or CMT (those are different). The exam(s) you need to pass to get a broker's licence vary across countries.