Global hiring trends in brokerage: The state of play

Lisa Paton, our Associate Director for Multi-Asset Brokerage & Financial Trading, discusses the rise of multi-asset brokerages.

The brokerage industry has never stood still, but right now it’s moving faster than ever. Technology is reshaping trading. Regulation is evolving. And global talent is more mobile than at any other point in history.

For brokers and firms alike, the opportunities are vast, but so is the competition. Whether you’re building a desk, scaling a team, or planning your next career move, understanding the global hiring landscape is no longer optional, I believe it’s critical.

The three power hubs: London, Cyprus & Dubai

In today’s multi-asset brokerage world, three major hubs dominate the conversation:

• London: Home of the City, the “halo effect” of working here still carries weight. Firms compete fiercely for top talent, and with the FCA setting strict regulatory standards, the bar for entry is high.
• Cyprus: Now a central player in FX and fintech-driven markets. Overseen by CySEC, the island has become a magnet for international talent thanks to its rapidly expanding brokerage scene, and yes, its 15% tax rate doesn’t hurt either.
• Dubai: The new kid on the block that’s growing up fast. Regulated by the DFSA, Dubai has positioned itself as a financial powerhouse, offering zero income tax and eye-watering salary packages to lure top brokers from Europe and Asia.

These hubs don’t just compete for business; they compete for people. For skilled brokers, that means options and often the ability to choose where in the world they want to work.

The rise of the Multi-Asset Broker

We’ve entered a new era: the rise of the multi-asset brokerage.

Gone are the days of single-product firms. Today’s most successful brokerages provide unified platforms where traders can access and trade equities, bonds, FX, commodities, and even cryptocurrencies, all from one account.

This shift has changed hiring dynamics. Firms now seek brokers who can operate across multiple asset classes, adapt quickly to new trading technologies, and navigate increasingly complex client demands. For candidates, versatility is no longer a bonus, it’s a baseline expectation.

Skills shortages & fierce competition

If you’re hiring, brace yourself: the war for talent is real.

Key skills are in short supply, especially in structured products, derivatives, and cross-asset trading. And as digital trading platforms evolve, firms are prioritising tech-savvy brokers who can operate seamlessly in increasingly automated environments.

But money isn’t the only deciding factor. Firms that stand out are those that can offer:

• Clear career progression and training
• Strong cultures with a focus on work-life balance
• International mobility for high-performing talent

The brokers who can demonstrate adaptability, global awareness, and relationship-building skills are the ones climbing fastest.

Culture, compliance & crossing borders

With global opportunity comes complexity. Cross-border hiring isn’t as simple as signing a contract and booking a flight.

Different hubs have different licensing requirements, regulatory environments, and even cultural expectations around work, communication, and decision-making. What works brilliantly in London might not land in Dubai or Cyprus.

Firms that succeed on a global scale are those that understand the nuance — tailoring their hiring strategies to each market while maintaining a consistent, world-class standard.

Why brokers are in the driving seat

Perhaps the most exciting shift? Brokers now have more control than ever.

Because licensing and skills are often transferable between hubs, top performers can decide where they want to live, work, and maximise earnings. Whether it’s the prestige of London, the lifestyle of Cyprus, or the financial upside of Dubai, the world really is open for business.

At Meraki Talent, my team work agnostically offering honest, independent advice on where candidates should go at each stage of their career and helping firms attract the right talent at the right time. With a truly global reach and decades of experience, they’ve helped shape careers and build teams across every major brokerage hub.

Final thoughts

The brokerage industry is global, multi-asset, and moving fast.

For firms, success comes down to building diverse, high-performing teams that can adapt to shifting markets and cross-border demands. For brokers, standing out means demonstrating versatility, mobility, and a global mindset.

One thing is certain: the state of play isn’t local anymore — it’s everywhere. And if you’re ready to explore your next move or build your global team, Meraki Talent is right there with you.

Please contact me on via email