Stockbrokers earn an average salary of £38,000, with bonus, commission, and profit-sharing up to £10,137, £25,000 and £5,000 respectively.
Pay by Experience Level for Stockbrokers
The entry-level, years of experience and the average salary for Stockbrokers are as follow:
Entry-level Stockbrokers with less than one-year experience earn £28,966 (bonus, overtime pay, and tips are included).
Early career Stockbrokers with 1-4 years of experience can expect to earn £31,123.
Mid-career Stockbrokers with 5-9 years of experience will pocket £45,000.
Experienced Stockbrokers with 10-19 years of experience will make £65,649.
Late career Stockbrokers with more than twenty years’ experience can look forward to a total average of £100,000 compensation.
Essential Skills for Stockbrokers
“Sales” is of the most popular skill for Stockbrokers.
How Become a Stockbroker?
Just like any other job, to become a Stockbroker, you need to be qualified with the relevant work qualifications.
What Do Stockbrokers Do?
The job description of a Stockbroker, in the United Kingdom, is:
- Working with companies in all sizes, from start-ups to multi-national corporations
- Providing professional advice and financial advice on investments
- Supporting the reporting of gains and losses from investments
- Promoting institutional products and services
- Ranking the stocks for investment opportunities
- Understanding the profitability of companies
- Market analyses
- Stock split and stock split trading
- And much more.
