Business Broker Guide

☆ • Monsieur London • ☆ asked:


How much would a very good and respected stock broker make? What is the highest income they would make on a yearly basis including bonuses?

chief_clay77 asked:


Im a 21 college student and have decided to take a small amount of risk in the market, perhaps trading options. I have an account with the online broker Scottrade that has a value > 25000. I turned in the paperwork for trading options. So if I were to invest a small amount of my portfolio into a call option for (X) tomorrow morning, what steps do i need to take (besides filling out the order form i know how to do that)? Do I have to own shares in (X)? Also it’s a $1.25 per contract, so does that mean for each single option I buy it cost $1.25? I just started a course in investments and will learn more about options later this semester, I just want a head start and possibly make some money. Thank You.

Vantage Point asked:


I know there will be a fee for every trade with a broker. Other fees? Intangible benefits?

Nathan asked:


Also which degree would be best for becoming a Broker Business? economics?corporate Governance, Non of these, do you even need a degree/Qualifications

ivangilmiami asked:


I want to find detailed instructions on how to put my business in NASDAQ but I want to learn how to do it myself, do you know how to do it or where can I find that information?

simbad asked:


At retail banks deposits are insured at a maximum of $100.000.How does it work at a Broker Bank?…..say if somebody has $1,000,000.00,what amount is preserved and what is lost?Also how long before one has access to the funds again?

USAF Dude asked:


Say you order 500 shares of company X, and then what exact tasks does your broker do to complete your order?

I am guessing he

1. Accepts your order/payment
2. Calls his buddy in wallstreet telling him to buy 500 shares of company x.
3. Broker notifies you of the purchase.

More specific the better.
I was thinking of becoming a stock broker, I just wanted to know how the process works.

buzzzkiller asked:


For example: there are broker buying and selling charges, but one can buy and sell at a specified price from a broker.

Kite asked:


I’ve read through a few of the resolved questions, most have mentioned Computershare.

Does anyone know how to use it? I don’t want a broker, and want to purchase online, without having to pay more than around $100 AUS for the account itself.

I also want to buy BHP Billiton shares afterwards, but that’s not so important.

stevenpn asked:


I know my broker Interactive Brokers does not, and neither does any broker I have ever had before, but it seems like a useful asset class to be able to trade.