This is a question that we get asked a lot, so we thought we would write a quick blog post to answer it.
Stock brokers in Namibia earn a commission on the trades that they make. The amount of commission depends on the stock exchange and the broker’s agreement with the client. However, it is typically a small percentage of the trade value. So, how much can a stock broker earn in Namibia?
Well, it depends on the volume of trade that the broker conducts. A good stock broker can earn a decent income, especially if they are trading on behalf of high-net-worth individuals or institutions. However, it is important to remember that stock broking is a commission-based business, so the more trades a broker makes, the more money they can earn.
A stockbroker in Namibia earns an average of $ 20 to $30 per hour. And if you clear your exam and get a professional license to work as a stockbroker, with some years of experience., you can earn more.