05-18-2012, 09:34 PM
Most regular stock brokers are paid on a commission basis. A percentage of their customer's commissions are paid to the broker.When starting out, most major firms will pay them a salary while they are learning the markets, the products and obtaining their licenses. Once they are fully licensed, the salary usually stops and they are commission only
When reps are commissioned, their's no maximium they can earn. Those that constantly study and are aware of the various markets and products can easily make mid to high 6 number salary.