| Points | Jobber | Broker |
| 1. Meaning | A Jobber is one who buys and sells securities in his own name. | A broker is an agent who deals in buying and selling securities on behalf of his client. |
| 2. Nature of Trading | A jobber carries out trading activities only with the broker. | A broker carries out trading activities with the jobber on behalf of his investors. |
| 3. Restrictions on Dealings | A jobber is prohibited to directly buy or sell securities in the stock exchange. Also, he cannot directly deal with the investors. | A broker acts as a link between the jobber and the investors. He trades i.e. buys and sells securities on behalf of his investors. |
| 4. Agent | A jobber is a special mercantile agent. | A broker is a general mercantile agent. |
| 5. Form of Consideration | A jobber gets consideration in the form of profit. The positive difference between sale and purchase of securities. | A broker gets consideration in the form of commission or brokerage. The rate/amount of brokerage is fixed by stock exchanges. |
| 6. Amount of Consideration | The amount of Consideration payable to Jobber is determined by the competition of jobbers. | The rate or amount of brokerage of a broker is fixed as per stock exchange provisions. |
