How To Become A Floor Broker: What It Is and Career Path

What is a floor broker and how to become one

Updated January 8, 2025

2 min read

There is more than meets the eye when it comes to being a floor broker. For example, did you know that they make an average of $33.69 an hour? That's $70,084 a year! Between 2018 and 2028, the career is expected to grow 10% and produce 47,700 job opportunities across the U.S.

ScoreFloor BrokerUS Average

Salary

5.5

Avg. Salary $70,084

Avg. Salary $59,228

Stability level

6.7

Growth rate 10%

Growth rate 0.3%

Diversity

6.1

Race

American Indian and Alaska Native 0.21%

Asian 10.18%

Black or African American 5.80%

Hispanic or Latino 12.24%

Unknown 4.15%

White 67.41%

Gender

female 10.34%

male 89.66%

Age - 43

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43

Stress level

6.7

Stress level is high

7.1 - high

Complexity level

8.6

Complexity level is advanced

7 - challenging

Work life balance

6.7

Work life balance is good

6.4 - fair

Key steps to become a floor broker

Explore floor broker education requirements

Most common floor broker degrees

Bachelor's

82.2 %

Associate

6.4 %

High School Diploma

5.1 %

Start to develop specific floor broker skills

Skills	Percentages
Customer Orders	16.42%
NYSE	14.34%
Order Flow	12.93%
Client Relations	6.16%
Institutional Clients	4.66%

Complete relevant floor broker training and internships

Accountants spend an average of 3-6 months on post-employment, on-the-job training. New floor brokers learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a floor broker based on U.S. Bureau of Labor Statistics data and data from real floor broker resumes.

Research floor broker duties and responsibilities

Retail trader, fix income securities; manage client account activity; properly allocate client funds to appropriate investment options
Specialize in both equities and list option trading.
Participate in stock index futures arbitrage program between NY and Chicago.
Trade proprietary money for commodities clearing house in all commodities and equities markets.

Prepare your floor broker resume

When your background is strong enough, you can start writing your floor broker resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a floor broker resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose from 10+ customizable floor broker resume templates

Build a professional floor broker resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your floor broker resume.