Brokerage Business

Brokerage Business Success Stories [2024]

Pat Walls

•

Updated: October 7th, 2024

A brokerage business is a middleman who connects buyers and sellers to complete a transaction for stock shares, bonds, options, and other financial instruments.

Brokers earn a commission or a one-off fee charged when the transaction has been completed.

To start a brokerage business, find a suitable niche and research the market. Depending on the niche, you might have to apply for the broker’s license.

Besides, some states require a professional qualification to allow one to start a brokerage company.

In this list, you'll find real-world brokerage business success stories and very profitable examples of starting a brokerage business that makes money.

1. Camelbacktrading 2724 LLC. ($48K/year)

Paul Asmar, founder of Camelbacktrading 2724, came up with the idea for his business after realizing there was a lack of affordable and effective education for traders. With his expertise and passion for trading, he created a platform to provide traders of all ages with play-by-play trade ideas and webinars, using the Market Profile as a tool for success. In just three months, his voice channel trading room has grown to 130 traders, and his goal is to have a minimum of 500 traders that he can mentor and educate.

How much money it makes: $48K/year
How much did it cost to start: $5K
How many people on the team: 1

How I Started A $3K/Month Website Focused On Educating Traders

Camelbacktrading founder Paul Asmar has found success in the volatile trading business by offering affordable and personalized education and training to traders of all ages, and has grown his voice channel trading room from 0 to 130 traders in just three months.

Read this case study

Read by 9,208 founders