How to Become a Stockbroker from Home

The stockbroker profession is expected to climb 10 percent according to BLS data. So is it possible to learn how to become a stockbroker from home?




When it comes to learning how to become a stockbroker from home, it’ll surprise most people that a college degree isn’t necessary.

All that’s required to operate in this field is the proper licenses (Series 7, 63/66).

However, the job market is quite competitive so a degree is preferred among most brokerages.

Bottom line, when it comes to job placement, the more education the better.

So whether you’re changing careers or are simply interested in advancing within the financial industry, there are ways you can do this without going to a brick & mortar school.

How to Become a Stockbroker from Home

How to Become a Stockbroker from Home

(A) – Education

Again, while not absolutely necessary to have a degree, it’s highly recommended that you attain proper education. And this can be done at a reputable online institution.

Not only does acquiring a degree add to your portfolio, but it gives you great understanding of the financial markets.

This is the main reason why established firms are searching for people who at the very least, have a business-related degree.

There are plenty of degree courses that you can study, including but not limited to:

  • Finance
  • Business
  • Accounting or,
  • Economics

Of course, a particular emphasis should be given to statistics, mathematics or a related discipline. Stock brokers need to be smart in terms of their reasoning and calculations.

Also, analyzing portfolios correctly, understanding risk management and having exceptional interpersonal skills will help build a reliable client-base.

(B) – Licensing

Stock brokers in the United States are required to be licensed in order to operate. For you to be licensed, you have to sit and pass the Series 7 and Series 63 exams.




These tests are designed to gauge a person’s knowledge of trading securities and laws & regulations within the industry.

You would expect to be tested in areas such as mutual funds, stocks, REITs, bonds and much more.

Additionally, you’ll also be tested on ethics in the stock brokerage industry and laws that apply to trading securities.

The Financial Industry Regulatory Authority (FINRA) requires you to be sponsored by a brokerage firm so that you can sit for the Series 7. However, not all states require the Series 63.


Related: Find Series 7 Study Materials here.


(C) – Experience and Skills

[1] – If you’re changing careers from a position that’s within the financial industry, it will be easier to gain employment at popular brokerage firms.

For one, you’ll already have the necessary degree plus transferable skills you can use to attract potential employers.

[2] – If coming from a totally unrelated profession, then it may take a little while longer to find work. However, it’s still possible.

Just know that obtaining formal education that firms look for and learning the vast wealth of information a professional in this field should know can take some time.

Taking online courses while also picking up reading material from the Wall Street Journal and other finance related periodicals is a great way to gain a bit more understanding of the field.



(D) – The Path to Learning How to Become a Stockbroker from Home

Finding out how to become a stockbroker from home is a great encouragement for working adults. However, getting started is not always that easy.

You need to master the art of attracting new and retaining clients so as to sustain and grow your business. Further, you need to have all the machinery in terms of computers and communication equipment.

To pull off this stunt successfully, you need partners who can help you when you encounter obstacles. As a pro-tip, ensure that you do not forget to network.

how to become a stockbroker from home online college series 7
More from Learning the Trade
Back to Top