How to Become a Trade Broker
A stockbroker is a person who provides financial advice and services to clients. One of those services is trading stocks. While you can trade stocks and invest your money yourself with no formal training, to become a professional trade broker and work for other people, you'll need to get a license. You can get your license by passing an exam (or series of exams) that covers the area of finance in which you want to work.
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Instructions
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Take some college classes in subjects such as business, finance, accounting and economics. This isn't necessary to pass your broker exam, but most brokers have degrees in one of these subjects.
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Do an internship. Internships can provide valuable experience to put on your resume, as well as give you experience in working for a brokerage (although you won't actually be trading stocks at this stage). This can also give you an "in" when it comes to finding a job, as many companies will look to hire their interns for paid positions. Check to see if your school has an internship program in place.
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Continue to educate yourself on your own. Read books about finance, read financial newspapers and magazines like the "Wall Street Journal" and "Forbes," and watch business networks like Fox Business Network and CNBC to be aware of how current events are affecting the world of finance, as this is something that you'll have to deal with every day as a broker. Sharpen your trading skills by playing free trading games on sites like HowtheMarketWorks.com, where you can trade real stocks in real time with fake money.
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Take the exam to get your license. To become a stockbroker, you'll need to be licensed under a Series 7 exam, which will allow to you trade stocks, bonds and options as a professional. You can take a practice exam and go through a tutorial on Investopedia.com.
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References
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