A capital market expert stated that anyone can establish a brokerage with an initial investment of 10 billion tomans and by providing certain infrastructural requirements in terms of location and human capital. However, established brokerages are traded at higher prices based on their value-added services, number of clients, financial turnover, and profitability.

EghtesadOnline: Full-service stock brokerage industry in Iran’s capital market has recently come under pressure.