Welcome,
If you are interested in finance and think it might be your bag to manage other people's money, then you might be cut to become a stockbroker. It's not simple to become such an investment adviser, and the process can sometimes be quite intense and stressful. Many people who come out of college still want to enter the ranks. Many individuals have questions and need more understanding into this fascinating profession, which now offers more alternatives than before. Career as Stock Broker is an exciting career option that involves quite a lot of challenges.
A stock broker acts as an officer on behalf of their shareholders doing stock trading. They are also referred to as a sales agent for securities or securities and commodities.
Broker provides the client with useful service and data and assists them in buying and selling stocks and at what prices. He charges a premium and commission on the inventory market for his services.
The market has three types of stockbrokers: discount brokers, bank brokers, and full-service brokers. Also, Stock Broker guarantees that their stock trading company will also make maximum long-term profit.
While courses and seminars are provided to enhance the capacity to communicate and sell, that takes time and money.Therefore, if you already have these abilities before joining the field, it is generally best.
The broker's salary depends on their qualification and performance. The starting salary of the stock broker is between Rs 2 to 3 lakh per annum, after experience there will be a salary hike up to RS 5 to 7 lakh per annum or more. Some brokerage firms also pay performance-based bonuses in addition to the salary.