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Q: Stock Broker Commission ( Answered 4 out of 5 stars,   0 Comments )
Subject: Stock Broker Commission
Category: Business and Money
Asked by: clicker5-ga
List Price: $15.00
Posted: 08 Oct 2002 22:12 PDT
Expires: 07 Nov 2002 21:12 PST
Question ID: 74305
I would like to know how much commission a broker employee 
makes at a stock brokerage company.  
The answer only needs to be general and approximate, nothing needs to 
be specific.
Subject: Re: Stock Broker Commission
Answered By: bikerman-ga on 09 Oct 2002 04:16 PDT
Rated:4 out of 5 stars

The commission earned by broker employees varies quite a bit based
on the type of services provided by the brokerage.  There are two
general categories of brokerages: full-service and discount.

Full-service brokers offer investment advice, helping the customer
figure out what to trade and when.  They also provide a host of
other services (see the article listed below for more details).
These full-service brokers can charge $100+ per trade.

Discount brokers offer fewer services.  Depending on the amount of
support provided, prices range from $5 to $30 per trade.  Note,
however, that the brokers are actually paid salary, not
commission. has an excellent article on the subject, and was
the source of the above information.  Here is the link to the

In particular, check out the page on the costs involved in hiring
a broker:

And also the page on types of brokers:

Additional Links: -- The Investing Education Site

The Open Directory has a list of brokerage firms including
full-service, discount, and online.

Search Strategy:

Google search: "stock broker" commission
:// search: stock broker

I hope you find this information useful,
clicker5-ga rated this answer:4 out of 5 stars
Thank you for the answer

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