Stockbroker salary in South Africa

Average Yearly Salary of Stockbroker in South Africa is approximately 187,942 ZAR (9,412 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Stockbroker do?

A stockbroker is a financial professional who facilitates the buying and selling of securities, such as stocks, bonds, and mutual funds, on behalf of clients. They provide advice and guidance to clients regarding investment opportunities, market trends, and portfolio management. Stockbrokers are responsible for executing trades, conducting research and analysis, and monitoring the performance of investments. Stockbrokers work in brokerage firms, investment banks, or as independent agents. They must stay updated with current market conditions, economic news, and regulatory changes to make informed recommendations to clients. Excellent communication and interpersonal skills are essential to build relationships with clients and understand their financial goals and risk tolerance.

Skills: stockbroker, finance, investments, securities, trading, portfolio management
Job industry: Finance

How much does Stockbroker make?

Difference in salary year over year or average salary increase is approximately 3 %


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Salary comparison to National average

Is Stockbroker a well paid job?

Yes, our data shows that Stockbroker is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Stockbroker?

High salary for Stockbroker would be somewhere between 206,736 ZAR and 272,516 ZAR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Stockbroker in South Africa?

Living in South Africa the approximate monthly expenses are: 271 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 187,942 ZAR
Estimated Monthly Salary: 15,662 ZAR
Estimated Weekly Salary: 3,614 ZAR per week
Estimated Hourly Salary: 90 ZAR per hour
By working as Stockbroker a person can save up to 513 USD per month or 6,158 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in South Africa, see costs of living in South Africa.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Stockbroker

Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

0 years (beginner) equals base salary

1 to 5 years of experience yields +12% salary increase

6 to 10 years of experience yields +25% salary increase

11 to 15 years of experience yields +16% salary increase

16 to 25 years of experience yields +9% salary increase

more than 25 years of experience yields +10% salary increase

NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in South Africa

Data as of 2025

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