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How to become a Stockbroker - Career HQ
If you like the sound of analyzing money trends and staying on the ball with hot stocks and shares, why not learn how to become a Stockbroker
How to become a Stockbroker, What does a Stockbroker do
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How to become a Stockbroker

Financial markets brokers including Stockbrokers help people to make their money work for them. They are the wisest among the wise when it comes to analysing money trends and staying on the ball with hot stocks and shares. If this sounds like you, learn how to become a Stockbroker.

How to become a stockbroker

What is a Stockbroker?

Stockbrokers and other Financial brokers deal with all kinds of tasks in the financial world from gathering data on stocks and securities that can be bought and sold, follow current market conditions and keep abreast of all governance and legal regulations. They serve as the best assistant possible for investors, they complete all transactions for them and maintain records for accounting purposes.

A broker/dealer serves as an adviser for clients and prospective clients. They provide information and suggestions to their clients on where they can appropriately invest, analyse client’s financial circumstances and adapt the investment strategy as necessary.

It takes confidence and strong mathematical ability to become a financial markets broker or dealer. They also need to be analytical with good IT skills to work quickly and effectively for their clients. If you can see yourself working in this kind of field, you have to build rapport with the people you work with.

Hours & Conditions:

The environment is a high pressure stressful one which won’t suit everyone and may mean you’re burning the candle at both ends to meet deadlines and client needs. Most brokers work more than 40 hours per week.

how to become a broker

How to become a Stockbroker: Qualifications

A degree in commerce, accounting, finance, economics or actuarial studies are generally what financial markets broker/dealer study at university to get the job. More than a degree is needed though to become a financial markets broker or dealer, a license is required and registration to work in this field. For licensing you must meet a training requirement by the Australian Securities and Investments Commission (ASIC).

To look at courses that will help you find a role as a financial markets broker or dealer, check out
https://www.careerhq.com.au/careers-database

We get it, technology has a wide range to offer automating analysis and other online services. However, there’s a growing trend of those self managing their funds and companies that invest in equities and securities which mean there will still be roles and opportunities for those in the broking industry.

https://careerhq.com.au/careers-database/job_details/236/financial-markets-brokerdealer

 

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