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Explore all careersA Stockbroker advises clients on buying and selling stocks, analysing market trends, and monitoring investments to maximise profits
Get qualified to work as a Stockbroker with a course recognised across Australia. Speak to a training provider to learn more.
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In Australia, a full time Stockbroker generally earns $1,155 per week ($60,060 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
The number of people working in this industry has decreased in recent years. There are currently 4,300 people employed as a Stockbroker in Australia, compared to 5,800 five years ago. Stockbrokers may find work across all regions of Australia, particularly in larger towns and cities.
Source: Australian Government Labour Market Insights
A Bachelor of Financial Planning is an ideal qualification if you’re planning a career as a Stockbroker. This course covers a range of topics including ethics, insurance, superannuation, investments, aged care advice, technology advice platforms, practice management and intergenerational wealth.
A Stockbroker manages the sale and purchase of stocks and shares for their clients. You’ll monitor market performance and provide advice on the best time to buy or sell investments. Stockbrokers might meet with clients to determine their needs and analyse market trends. You might check share prices and make decisions about selling or purchasing stock.
Stockbrokers should be decisive and have a strong understanding of current financial markets. It’s important you can communicate well and understand your clients’ needs. Stockbrokers require excellent analytical skills and should be up to date with financial trends. You’ll need to be organised and able to manage several tasks at one time.