Education

• Even though there is no education requirement, a college degree with a major in finance or business administration is almost mandatory. English courses are also important for learning how to speak and write effectively when interacting with clients.
  
  

Training

• A potential stockbroker should seek employment as a trainee at an established financial institution, such as an investment or brokerage firm. Trainees train with a senior broker in all aspects of trading securities.
  
  

License

• To buy and sell stocks, a potential stockbroker must take and pass the Series 7 exam. This exam consists of 250 multiple-choice questions and is administered by the Financial Industry Regulatory Authority (FINRA). It qualifies an individual to make all types of trades, excluding commodities and futures. Many investment firms offer trainees classes to prepare them for the exam. A background check and fingerprinting is mandatory when registering for the exam.
  
  

Personality

• A successful stockbroker will exhibit honesty, integrity and a strong desire to help clients achieve their goals. Knowing how to deal with pressure in a fast-paced environment and having confidence in your ability to perform at a high level are key to achieving success.