Short answers
Scrap broker questions
These answers summarise how scrap brokering works on ScrapTrade. Each links to a page with more detail.
| Question | Short answer |
|---|---|
| What is a broker? | A seller who sources scrap from an original seller and resells it, with a broker classification |
| Who sets the margin? | The broker and the original seller, privately |
| Does ScrapTrade take part of it? | No. Standard platform fees apply to the sale |
| Who pays the original seller? | The broker |
| Who is responsible for the listing? | The broker, as the seller |
| Can the original seller be external? | Yes, subject to verification requirements |
Where to read more
Go deeper
How it works
The step-by-step workflow. See how scrap brokering works.
The money
Margin and fees. See broker margin explained.
The rules
Your obligations. See broker responsibilities.
Ready to start? Register on ScrapTrade.
Register as a sellerFrequently asked questions
What is a scrap broker?
A scrap broker sources scrap from an original seller and resells it through ScrapTrade. On the platform the broker works like a regular seller, with a broker classification.
How does a scrap broker earn?
From a margin or commission arranged privately with the original seller. ScrapTrade does not manage it.
What platform fees apply?
Standard platform fees apply to broker transactions.
Who pays the original seller?
The broker, under their own agreement.
What is a broker responsible for?
The authenticity of the listing and fulfilling the seller's obligations on the platform.
How is a broker different from a scrap agent?
A scrap agent is hired by a seller or buyer for a commission set on the platform. A broker resells scrap as a seller with a private margin.
Is a broker's income guaranteed?
No.
Can the original seller be outside ScrapTrade?
Yes, subject to the platform's verification requirements.
More about scrap brokering
Sourcing scrap to resell?
Register on ScrapTrade and list it as a broker.
Related reading: Scrap agent vs scrap broker · Scrap broker overview · How scrap brokering works