What does a Stock Broker do?

Stock brokers are professional traders who buy and sell shares and securities on the behalf of their clients. They work for themselves or at firms, and some also buy and sell bonds or other financial instruments and products for their clients. They are required to concentrate on making investment calls through the price fluctuations of different stocks on the market, and they buy and sell shares of stock over both the short and long terms.

Stock brokers are also known as share brokers, registered representatives, investment brokers, or trading representatives. They evaluate the performance of shares and securities on the stock market and give client recommendations from their findings. If they need to, they will make adjustments in client investments and products according to market fluctuations or changes in lifestyle, including a loss of employment, critical financial setbacks, or the death or injury of a loved one. Stock brokers need a high school diploma and a bachelor’s degree in finance or business administration and must pass further exams to earn a professional license to practice.

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Education--
Work/Life Balance
3.6 ★
Salary Range--
Career Opportunity
3.6 ★
Avg. Experience2-4 years

Stock Broker Salaries

Average Base Pay

$55,646 /yr
Same as national average
Not including cash compensation
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$33K
Median: $56K
$93K
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Glassdoor Estimated Salary

Stock Broker Career Path

Learn how to become a Stock Broker, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.

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Stock Broker Insights

Read what Stock Broker professionals have to say about their job experiences and view top companies for this career.
BionicBionic
Junior Broker
May 4, 2021

“the training was amazing and really bettered me as a person not just work wise.”

FedExFedEx
Clearance Broker Associate
Dec 10, 2020

“I worked for FedEx in Europe and there were no opportunities to receive raises based on performance.”

BDO USABDO USA
Senior IT Risk Advisor
Feb 3, 2021

“Not the best benefits in terms of giving money for health related things i.e. gym”

phs Groupphs Group
Head of Brokers
Apr 29, 2019

“After 15 years of working for PHS I can honestly say it is an enjoyable experience with daily challenges and fantastic results.”

Chedid Capital-Holding
Reinsurance Broker
May 28, 2021

“Stable and good job security”

Total Quality LogisticsTotal Quality Logistics
Freight Broker
Apr 8, 2021

“everyone here is ready to help me get to the next level and I love it.”

Total Quality LogisticsTotal Quality Logistics
Freight Broker
Oct 18, 2019

“pay was not the best and they set unrealistic expectations”

R-T SpecialtyR-T Specialty
Casualty Broker
Sep 7, 2021

“Great work and life balance”

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