Difference AP and Sub-broker

What is the difference between sub-broker and Authorized person . Actually i want to open a franchise of a good broking house but they told me they can let me there authorized person (AP) as it will cost me less to open the bussiness . Plz help me and say the difference in between sub-broker of any broking house like religare etc and AP . Plz it is urgent


Well-Known Member
Difference is that sub broker has to pay more in terms for cost and infrastructure and gets more profit sharing than AP

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Are you a day trader?