What is the salary stock broker
Hello!
My friend may help you prefer
http://www.stockbrokersalary.info/
Most stock brokers that work for general securities firms are not paid a salary but raher a commission based on the amount of income they brng in.
A decent rep should make $75,000 - $150,000 depending on the products they sell
Reps that work for banking institutions are paid a salary of approx $50,000 - $75,000, in addition some may earn a bonus if their sales quota are met
The salary or commission of the stock broker is based on the share's sale value . The commission is maximum 6% in the selling price
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Many new investors are lured to the appeal of a penny stock due to the low price and potential for rapid growth which may be as high as several hundred percent in a few days. Similarly, severe loss can occur and many penny stocks lose all of their value in the long term. Accordingly, the SEC warns that penny stocks are high risk investments and new investors should be aware of the risks involved but you can even make very big money. These risks include limited liquidity, lack of financial reporting, and fraud. A penny stock is a common stock that trades for less than $5 a share. While penny stocks generally are quoted over-the-counter, such as on the OTC Bulletin Board or in the Pink Sheets, they may also trade on securities exchanges, including foreign securities exchanges. In addition, penny stocks include the securities of certain private companies with no active trading market. Although a penny stock is said to be "thinly traded," share volumes traded daily can be in the hundreds of millions for a sub-penny stock. Legitimate information on penny stock companies can be difficult to find and a stock can be easily manipulated.
As shown in the title
What is the salary stock broker
