Securities Brokerages and Stock Exchanges Market Report 2025

This Securities Brokerages and Stock Exchanges market report provides a comprehensive analysis of the market’s characteristics, size, and growth, including segmentation, regional and country-level breakdowns, competitive landscape, market shares, trends, and strategies. It also tracks historical and forecasted market growth across various geographies.

The securities brokerages and stock exchanges market size has grown strongly in recent years. It will grow from $2.05 trillion in 2024 to $2.2 trillion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to market expansion, globalization, regulatory changes, investor education, participation in financial markets.

The securities brokerages and stock exchanges market size is expected to see strong growth in the next few years. It will grow to $2.98 trillion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to digital transformation, regulatory changes, global market integration, sustainable and esg investing, artificial intelligence and automation. Major trends in the forecast period include zero-commission trading, fractional share trading, mobile trading, defi (decentralized finance), cybersecurity and data protection.

The future growth of the stock brokerage market is expected to be driven by the increasing internet penetration. Internet penetration represents the percentage of a specific population or geographic area with access to the internet, reflecting the level of internet connectivity and digital inclusion among individuals. In the context of stock brokerage, higher internet penetration enables access to online trading platforms, where people can engage in buying and selling stocks, bonds, and other securities, leveraging digital resources for financial transactions. For example, in February 2023, a report from Meltwater, a Netherlands-based software company, indicated that the number of internet users in the UK had grown by 224 thousand (0.3%) from 2022 to 2023, resulting in a total of 66.11 million internet users in the UK. Consequently, the upward trend in internet penetration is a key driver of the stock brokerage market's expansion.

Prominent companies operating in the stock brokerage market are introducing innovative platforms such as 'share (dot) market' to offer reliable services to their customers. The 'share (dot) market' is specifically tailored for stock brokerage, featuring a mobile app designed to cater to investors across diverse demographics. For instance, in August 2023, PhonePe, an India-based digital payments and financial services company, unveiled the 'share (dot) market' platform. This technology-based solution provides access to stocks (intraday and delivery), mutual funds, exchange-traded funds (ETFs), and wealth baskets. It empowers retail investors to purchase stocks and offers trading view charts, enhancing the trading experience, particularly for enthusiasts who rely on comprehensive chart analysis.

Across the globe, major brokerage firms are adopting hybrid solutions to cater to a wider customer base. The development of these hybrid solutions aims to expand service offerings and reach a broader spectrum of investors. Within the hybrid investing service, brokerage firms combine Do-It-Yourself (DIY) trading and investment options with professional guidance. This versatile platform enables brokerage firms to better serve investors by addressing their individual preferences and providing a comprehensive range of services.

Major companies operating in the securities brokerages and stock exchanges market include Northwestern Mutual, Bank of America Corporation., Ameriprise Financial Inc (AMP), Wells Fargo Advisors (WFC), Raymond James Financial Inc., Charles Schwab Corporation, FMR LLC, Morgan Stanley, Interactive Brokers India Pvt. Ltd., Robinhood Financial LLC, Ally Financial Inc., Hong Kong Exchanges and Clearing Limited., New York Stock Exchange, Nasdaq Inc., Japan Exchange Group Inc., London Stock Exchange Group PLC, CME Group Inc., Deutsche Börse Group, Shanghai Stock Exchange, Australian Securities Exchange, Singapore Exchange Limited, B3 S.A. - Brasil, Bolsa, Balcão, TSX Inc., Moscow Exchange, SIX Swiss Exchange, Korea Exchange, Johannesburg Stock Exchange Ltd., Taiwan Stock Exchange Corporation., TD Ameritrade Holding Corporation, TradeStation Group Inc.

North America was the largest region in the securities brokerages and stock exchanges market in 2024. Asia-Pacific was the second-largest region in the securities brokerages and stock exchanges market. The regions covered in the securities brokerages and stock exchanges market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the securities brokerages and stock exchanges market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.

A stock brokerage is a financial institution operating in the stock or commodity markets, engaging in the buying and selling of assets on behalf of clients for a brokerage fee. A stock exchange is a regulated and standardized marketplace where stockbrokers and traders can conduct transactions involving stocks, bonds, and other securities.

The primary categories of securities brokerages and stock exchanges encompass derivatives and commodities brokerage, stock exchanges, bonds brokerage, equities brokerage, and other forms of stock brokerage. Stock exchanges serve as platforms where various financial assets, including shares, commodities, and bonds, are exchanged. These establishments can take various forms, such as exclusive brokers, banks, investment firms, and other entity types, and they offer their services through both online and offline channels.

The securities brokerages and stock exchanges research report is one of a series of new reports that provides securities brokerages and stock exchanges statistics, including securities brokerages and stock exchanges industry global market size, regional shares, competitors with securities brokerages and stock exchanges share, detailed securities brokerages and stock exchanges segments, market trends and opportunities, and any further data you may need to thrive in the securities brokerages and stock exchanges industry. This securities brokerages and stock exchanges research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The securities brokerage and stock exchange services market consist of revenues earned by entities by acting as brokers in selling securities such as equities, bonds, commodities and derivatives. Securities brokerages represent customers in dealing with securities transactions on the trading floor/online platform of stock exchanges. The securities brokerages might sometimes act as a representative for both buyer and seller. This market excludes the advisory and investment activities of the brokerage firms. This market includes transaction charges levied by stock exchanges for trading on its trading floor/online platform to securities brokerages and other fees. It does not include the value of the funds invested in securities. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.