कम खर्च में बनो Stock Market Entrepreneur ????‍????????

Being an Authorized Person:

In one of our previous shorts we made it quite clear that becoming a stockbroker is not affordable for most traders and investors or entrepreneurs of India.

But what if you get to use a top class stockbroker brand name, use its resources, get a share of its revenue without having to pay for all those huge deposits or even getting registered with SEBI.

Well then here’s surprise. This is possible by becoming an Authorised Person with any stock broking firm you wish to get associated with.

NOTE: AP is just another name for Sub broker

By official definitions an AP is “Any person, individual, partnership firm, LLP or body corporate, who is appointed as such by a Stock Broker (including Trading Member) and who provides access to trading platform of a Stock Exchange as an agent of the Stock Broker”.

In india pretty easy to become an AP. All you need is an 10+2 qualification, some basic documents like PAN, Aadhaar, Address Proof etc. You can visit any broker’s website and simply register for AP online.

Like we said becoming sub broker is far cheaper. For every Demat account you open, the broker will share with you a part of brokerage as revenue once you have paid an initial deposit and Exchange registration fee (Rs 2000/per segment).

Apart from this the broker will also provide you with regular marketing, training and advisory support.

This is a perfect entrepreneurship opportunity in Stock market space for Indian Youth.