ScrapTrade

How it works

How scrap brokering works on ScrapTrade

Brokers use the seller process with a few additions. Here is who does what, and what stays between you and the original seller.

Same Tools as Sellers
Original Seller Recorded
Margin Arranged Privately
KYC-Verified Traders
Escrow-Protected Payments

How scrap brokering works on ScrapTrade

Brokering on ScrapTrade uses the existing seller process with a few additions. The table shows who does what.

StepBrokerOriginal sellerBuyerScrapTrade
Set upRegisters in the broker categoryn/an/aMarks the account as a broker
Arrange termsAgrees price, margin and authority privatelyAgrees terms with the brokern/aNot involved
ListCreates the listing and records the represented sellerProvides material detailsn/aDisplays the listing
PurchaseReceives the ordern/aBuys through the normal processProcesses payment as for any seller transaction
FulfilArranges collection or delivery as the sellerReleases the material as agreedReceives the materialHandles the order as for any seller
SettlePays the original seller under their own agreementReceives payment from the brokern/aNot involved in the broker's arrangement

Have material from an original seller ready to list? Register on ScrapTrade.

Register as a seller

Three parties, one platform sale

The original seller

Owns or controls the material. May be a registered ScrapTrade user or an external seller, subject to verification requirements.

The broker

Lists the material as a seller and carries a broker classification. Responsible for the listing and for seller obligations.

The buyer

Buys through the normal ScrapTrade process, as with any seller. Buyers do not need to take any extra steps.

The part ScrapTrade does not manage

The terms between the broker and the original seller are theirs. That covers the margin or commission, when and how the original seller is paid, and any conditions. ScrapTrade does not manage, calculate or distribute them, so you should put them in writing. See the agreement checklist.

The part that works like any seller transaction

Listing, selling, order management and payment run through the same workflow as for any seller, and standard platform fees apply. See trust and safety for how the platform approaches trading.

Frequently asked questions

How does scrap brokering work on ScrapTrade?

You register in the broker category, agree terms privately with an original seller, list the material with a reference to that seller, and sell it to a buyer through the normal process. The platform handles payment as a standard seller transaction, and you settle with the original seller yourself.

What does the buyer see?

Buyers use the normal ScrapTrade process. The listing identifies the broker classification and the represented seller.

Who is responsible if something goes wrong with the material?

The broker, as the seller on the platform, is responsible for the authenticity of the listing and for fulfilling seller obligations.

Does ScrapTrade handle my deal with the original seller?

No. That arrangement is private, and ScrapTrade does not manage brokerage agreements or payouts.

Is the process different from selling directly?

Only in the broker classification and the original-seller reference. The listing, selling, order and payment tools are the same.

More about scrap brokering

Sourcing scrap to resell?

Register on ScrapTrade and list it as a broker.