Question:

Why i want to be a stock broker and how i will reach the goal?

by  |  earlier

0 LIKES UnLike

why should i be a stock broker and how to achive the goal

 Tags:

   Report

3 ANSWERS


  1. View It Now    FinanceExtends (dot) com


  2. In the US - You need to be an employee of a Broker/Dealer so they can sponsor you in order to become a licensed stock broker.

    Firms usually want college graduates, but it is not really necessary nor really a requirement but many firms like it and make it their requirement.

    Bank broker/dealers usually want all the sales reps to be college graduates.

    Your college major is not important, (No courses in the Academic world prepare you to be a broker). But since your coming into the world of Finance, some of the more helpful majors would be Finance, Accounting, Economics or Statistics.

    You should be good at math and have a decent idea about the stock market.

    You should be good at selling, and it would help if you have an outgoing personality.

    So if you‘re good at sales, or have a good sales background in place of a college degree, you’re part way there.

    Try to get with any major brokerage firm, they will put you through an in-house training program, which is primarily getting you ready to take the necessary test for licenses. You will need a Series 7 which is a General Securities Brokers test, and a Series 6 which is just for state approvals.

    Most brokerage firms, except bank B/Ds, will put you on salary and once you have passed the test, they will slowly wean you off salary and put you on commission basis pay out. Banks will usually keep you on salary.

    If you have your choice, you’re always better going to work for a regular B/D rather than a bank - You will learn, faster, better and the proper way of how the industry works. As a broker for a B/D you can always find another B/D that will hire you or at the worse, you can always work for a bank.

    But if you’re Bank B/D trained and licensed, it’s very difficult to go work for a regular B/D

    Good luck, go try it, you may like it

  3. Let me know if your interested in an introduction to this trader?

    Why trade the markets yourself when there´s a world class trader ready to do it for you?

    Having personally invested with this trader (and made handsome profits) I would like to introduce you to another type of investment, aside from real estate, which will greatly enhance any portfolio.

    He trades the worlds financial markets for himself, and a handful of private clients.



    On February 19th 2008, he started a trading account with $100,000.



    On March 6th, at 6.15pm just 3 weeks later.... He closed it at $422,952.98

    That fund is closed.

    He is now accepting clients for his next trading period.

    Full documentation with audited facts and figures can be provided upon request

    For more information on how he could trade your account for you - call or email me today.

    James Richards

    Managing Director

    Vogue Estates

    james.richards@vogueestates.com

Question Stats

Latest activity: earlier.
This question has 3 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.
Unanswered Questions