How Do You Become A Commodity Broker How To Become A Commodity Broker?

You will be in a much more specialized field being a commodity broker than being a stockbroker or registered securities representative. There are currently more than 663,000 registered securities representatives. As for registered commodity brokers, there are about 53,000. Most everyone today knows how to buy stocks and mutual funds online, but most people do not have a clue on how to trade commodities. I believe there will always be a need for the role of the commodity broker. As with most other professions, you probably want to know the answers for two questions: • How much money can you make? • Will you enjoy working in the futures industry? There is no doubt you can make a good living as a commodity broker, but you have to be good at it just like everything else. You will most likely enjoy working as a commodity broker if you have a strong interest in trading commodities and you are a somewhat decent salesperson. Yes, sales are involved since you have to open accounts and build a ...  more