2006-08-23 05:35:17 · 0 answers · asked by Hetto 7 in Business & Finance ➔ Careers & Employment
You just need to passed some modules of CMFAS exam by Institute of Banking and Finance. I took 2 papers 13 years ago, now very different, you have to check with IBF.
Entry level for a Dealer pay around $2k a month, you need to be a graduate or has good exposure in high networth clients. Self-employed Remisier has no basic pay, they split brokerage with houses, usually houses takes 60%. Ever since Oct 2000 the commission drop from 1% to now as low as 0.2%, remisiers income is no more attractive. However, the real big-time dealer/remisier make millions in a year, that is only very small percentage (maybe less than 5% of the industry).
2006-08-24 03:47:20 · answer #1 · answered by Simon C 2 · 0⤊ 0⤋
I have no idea, but you will earn lots of money if you're good.
2006-08-23 05:58:41 · answer #2 · answered by Anonymous · 0⤊ 1⤋