i want to change my career to a stock broker.what is easiest way to do that for e.g online courses etc ...?
i like trading stocks and i want to do that as a career. i can do that with out any training ie trade myself with my money. but if i wanted formal training what should i be doing courses wise or degree wise . could it be done online ? thank ou
Public Comments
- Edward Jones hires plenty of brokers, but few make the 'cut.' They'll take most anyone with a sheepskin and they train you their way. Training takes place in St. Louis and is ongoing.
- You need to first interview with a brokerage. They need to sponsor you and may even pay for your classes. They require you to have a certain amount of hours in the classroom before you can take the test. Besides, your better off being an overall financial advisor or financial planner where you can get certified to be seen as more legitimate. Calling strangers over the phone begging them to give you money to trade is mostly what stockbrokers do.
- To be a broker you have to be sponsored by a company who, in many cases will pay for your training in return for working for them later. There is training on line or the exam but I would certainly take the classroom if it is available, much more educational. After the course, you need to pass two exams, the series 7 and the series 63. The 7 has about a 50% pass rate so good luck with that. This whole process usually takes several months at least. Most firms will want a bachelors degree and sales experience as a minimum requirement to be considered. This is just to be a stock broker. To be a profeessional in this field requires a great deal more education and experience. The course just teaches you what you need to pass the exam, most of which you will forget shortly thereafter. Not because you are a dope, but there is a huge amount of information. Hope this helps, Have a gret New Year
Powered by Yahoo! Answers