How to Become a Stoke Broker in India ?
With the Indian market growing steadily, stock brokering has become a popular career option. A stock broker is a registered professional who buys and sells stocks or shares in the secondary market on behalf of their clients or investors. An individual or company who wants to buy or sell stock must go through a broker since only they are authorized to perform these transactions.
Eligibility: Persons who seek to become stock brokers must have a Bachelor degree in commerce or economics. It is also required for them to have a work experience of a minimum two years in a stock broking company. To turn out to be a sub-broker, the basic qualification needed is a pass in class 12. A postgraduate degree in business administration with is finance as the field of specialty is the requirement needed for students who desire to become Finance managers. The certification must be from a recognized institute of management.
To become a stock broker take course in stock brokering. The national stock exchange and the Bombay stock exchange among other institutes offer certified courses in stock brokering. These courses are relayed to capital markets, investment, equity, portfolio analysis and other certificate courses. Work at a stock brokering firm. Minimum of two year’s work experience at a stock brokering firm or in a field related to securities or financial services. If you intend to become an online stock broker, you must provide a reliable online stock trading platform that offers access to stock exchanges and depositories and functions without technical glitches. Market your services as a stock broker to attract clients. Word of mouth publicity and customer referrals are usually the best ways to get more business as a stock broker. If your portfolio performs well, leverage that to win the confidence of potential customers
It requires a lot of understanding about companies, managements, businesses, fundamentals to be familiar with activities of stock market. Those who are ambitious of becoming brokers need to have plenty of investment and trading experience