What a broker is
A scrap broker sources scrap and resells it through ScrapTrade
A scrap broker is an intermediary. You source scrap from an original seller, then list and sell it to buyers on ScrapTrade. To the platform you work like any other seller, with an extra classification showing that you are a broker and a reference to the seller you represent.
How it works on ScrapTrade
- Same tools as a seller: listings, selling, order management and payment work as they do for any seller.
- Broker classification: your account is marked as a scrap broker.
- Original seller recorded: each listing identifies the seller you represent.
- Margin arranged privately: you agree your margin or commission with the original seller yourself.
- Standard platform fees apply to broker transactions.
The process
From sourcing to sale in six steps
- Register in the broker categorySet up your account with the broker classification.
- Agree terms with the original sellerSettle price, margin or commission and authority to sell, privately.
- Create the listingList the material and include the reference to the seller you represent.
- A buyer purchasesThe buyer buys through the normal ScrapTrade process.
- The platform processes the paymentIt is handled as a standard seller transaction.
- You settle with the original sellerYou pay the original seller under your own agreement. ScrapTrade does not manage this.
Sourcing scrap to resell? Register on ScrapTrade and list it.
Register as a sellerThe money
Your margin is between you and the original seller
You buy or take the material on terms you agree with the original seller, then list it at your own price. The difference, before your expenses, is your potential margin. ScrapTrade does not calculate it, take a share of it or pay any of it to the original seller. Standard platform fees apply to the sale, as for any seller. See broker margin explained for a worked example.
Responsibilities
What you are responsible for
As far as the platform is concerned, you are the seller. You are responsible for the authenticity of the listing and for meeting a seller's obligations, such as delivering what you described. You also need the authority to sell the material, and you handle payment to the original seller yourself. See broker responsibilities.
Broker or agent?
Two different roles with similar names
A broker sources scrap and resells it as a seller. A scrap agent is hired by a seller or buyer to help them for a commission set on the platform. If you want help with your own scrap, see hire a scrap agent. For the comparison, read scrap agent versus scrap broker.
Get started
Register and operate as a scrap broker
Brokers use the same account, listing and order tools as sellers, with a broker classification and a reference to the original seller on each listing. Register on ScrapTrade to get started.
Ready to list material you have sourced? Register on ScrapTrade.
Register on ScrapTradeFrequently asked questions
What is a scrap broker?
A scrap broker sources scrap from an original seller and resells it to buyers through ScrapTrade. On the platform the broker works like a regular seller, with a broker classification and a reference to the seller they represent.
Does ScrapTrade take a share of my brokerage margin?
No. ScrapTrade does not calculate, deduct or distribute a broker's margin. It is arranged privately between the broker and the original seller. Standard platform fees apply to the sale.
How is a broker different from a regular seller?
The tools are the same. A broker has a broker classification on the account and identifies the original seller on each listing.
Who pays the original seller?
The broker does, under their own agreement. ScrapTrade does not manage brokerage agreements or payouts.
Can the original seller be someone outside ScrapTrade?
Yes. The original seller may be a registered ScrapTrade user or an external seller, subject to the platform's verification requirements.
Is income guaranteed?
No. ScrapTrade does not guarantee any price, buyer, sale or income.
More about scrap brokering
Related reading: How scrap brokering works · Broker margin explained · Listing requirements