Brokers: average salary and pay in the UK
Full-time brokers in the UK earned a median £56,689 in the year to 5 April 2025, according to the ONS Annual Survey of Hours and Earnings (ASHE): 45% more than the £39,039 median for all full-time jobs.
What the figures show
That ranks 30th of 382 occupations on this measure.
A full-time median is published for men only; the sample of women is too small.
ASHE counts roughly 22,000 employee jobs, 91% full-time.
From £863.80 in 2021, the median is up 22.7%, close to the 25.7% for all jobs.
The Annual Population Survey counts 67,900 people in this line of work, 40% of them in London.
Pay distribution, 2025 provisional
| Gross pay | Full-time, annual | Full-time, weekly | Full-time, hourly | All, annual | All, weekly | All, hourly |
|---|---|---|---|---|---|---|
| 10th percentile | £30,337 | £566.30 | £14.86 | – | £526.40* | £14.88 |
| 20th percentile | £35,937* | £642.70 | £17.51 | £32,957* | £598.30 | £17.76 |
| 25th percentile | £39,461* | £678.30 | £18.55 | £36,420* | £643.70 | £18.55 |
| 30th percentile | £44,948 | £727.40 | £19.66 | £39,582* | £688.90 | £19.48 |
| 40th percentile | £50,000* | £866.20* | £22.86* | £46,249* | £790.60* | £23.00* |
| Median (50th percentile) | £56,689* | £1,060.10* | £26.92* | £51,026* | £958.20* | £26.45* |
| 60th percentile | – | £1,267.50* | £35.48* | £67,801* | £1,202.70* | £34.07* |
| Mean | – | £1,459.10 | £38.98 | – | £1,366.90 | £38.26 |
Pay since 2021
| ASHE year | Full-time, annual median | Full-time, weekly median | Full-time, hourly median | All, annual median | All, weekly median | Jobs (thousands, indicative) |
|---|---|---|---|---|---|---|
| 2021 revised | – | £863.80* | £23.66* | – | £711.60* | 13* |
| 2022 revised | – | £796.80* | £19.95* | – | £777.70* | 14* |
| 2023 revised | £51,422* | £819.70* | £21.65* | – | £743.30* | 15* |
| 2024 revised | £49,539* | £861.60 | £21.71* | £46,102* | £840.40 | 20* |
| 2025 provisional | £56,689* | £1,060.10* | £26.92* | £51,026* | £958.20* | 22* |
Brokers by region
UK: 67,900 (± 10,100), April 2025 to March 2026. 10 of the 12 regions and nations have samples too small to publish.
| Region or nation | People in employment | 95% confidence interval |
|---|---|---|
| London | 27,200* | ± 8,500 |
| South East | 10,300* | ± 4,000 |
Annual Population Survey (Nomis)
What brokers do
Brokers deal in commodities, stocks, shares and foreign exchange on behalf of clients or on own account, broker insurance and reinsurance, and buy and sell shipping and freight space. (ONS SOC 2020, 3531)
Also covers: foreign exchange dealer, insurance broker, investment administrator, stockbroker, trader (stock exchange), air broker, bill broker, bond dealer, bond trader, broker (commodities), broker (commodity), broker (transport), bullion broker, business broker, commodities broker, commodity broker, commodity consultant and commodity trader (78 titles in the ONS coding index).
- Advises client on the suitability of insurance schemes and places insurance on behalf of client
- Discusses buying and or selling requirements of client and gives advice accordingly
- Analyses information concerning market trends for commodities, financial assets and foreign exchange and advises client and employer on the suitability of investments
- Records and transmits buy and sell orders for stocks, shares and bonds and calculates transaction costs
- Provides independent advice on the suitability of insurance schemes and places insurance on behalf of client
- Arranges the production of auction catalogues, fixes reserve prices, attends auction and bids on behalf of client, or negotiates purchase/sale by private treaty of goods not sold at auction
There are no formal academic requirements although many employers require entrants to possess a degree or equivalent qualification. Training is typically undertaken in-house, although entrants may attend courses run by professional institutions. Registration with a regulatory authority may be required in some positions.
Related
Finance associate professionals (median £49,715) · Insurance underwriters · Financial and accounting technicians · salary percentile · UK average weekly earnings growth · Median
ASHE Table 14: 2021 2022 2023 2024 2025 · coding index · notes · 15 October 2026