How much does stock broker make a year
Salary.com pegs the lower 10 percent of stock traders’ salaries at about $43,200 per year. Those in the middle 50 percent earn a slightly higher salary, often around $57,600 each year. The highest earners nationwide, on average, take home $66,600 per year. A good trading system will win 50% of the time. Assume you average 5 trades per day, so if you have 20 trading days in a month, you make 100 trades per month. You make $3,750, but you still have commissions and possibly some other fees. Your cost per trade is $5 /contract An entry-level Stock Broker with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $46,856 based on 33 salaries.