Be a Angel Broking Authorised Person and earn maximum returns

What is an Authorised Person?

Share trading and investing has become an attractive proposition because they tend to offer good returns. In the past few years, equity appears to have outperformed most other asset classes. Of course, investing in equity involves market risk, and investors must be aware of that before taking the plunge.

Ordinary investors cannot buy and sell shares directly. They have to do it through a broker who is a member of the stock exchange. Since the number of brokers is small compared to investors, authorised persons do a lot of the work of investing. So when investors buy and sell shares, they will probably be doing it through these agents.

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Authorised Person: How to Become an Authorised Person

Now, let’s see how to become an authorised person. It’s not all that complicated; you will have to approach a broking firm to become one, and takes very little time. Angel Broking enjoys a good reputation in the market and should be your first choice. We have over 11,000 authorised persons, 1.2 million retail clients, 11,000 trading terminals, and 110 branches across the country.

Here’s what you’ll need to become an Authorised Person.

  1. You will need a minimum qualification of 10+2 or HSC. However, some brokers may prefer at least a graduation degree.
  2. Excellent working knowledge of the financial markets, including equity, is preferable.
  3. You may also need to know a bit about the functioning of the economy and politics because this will affect the way stock markets behave.
  4. Another thing to note about how to become an authorised person is excellent communication skills. These are a plus since you will need to able to communicate with your clients effectively about their investment options.
  5. If your qualification is less than 10+2, you may have to submit proof of experience certificate. You will need experience of at least two years as an employee/ dealer in the capital market.

How much can an authorised person earn?

The dictionary definition of a broker is “a person who buys and sells goods and assets for others,” in return for which he takes a fee or charge, which is called “brokerage.” In India, investors can buy and sell shares or similar investment products through brokerage houses. These entities charge a minimal brokerage fee. These organisations appoint agents, who are paid a commission for each transaction they make. This authorised person commission is what acts as a primary source of income.

Business plan for authorised persons

Interest in the equity market has been growing among investors. To invest, one needs to go through brokers or authorised persons authorised by the stock exchanges.

So far, we’ve read about how to become an authorised person, now let’s look at a typical business plan. The business model is something like this: the broker provides the brand and infrastructure support in exchange for brokerage. The reward for higher brokerage received is in the form of higher commissions.

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Documents you need to submit

Another thing to note while knowing how to become an Authorised Person is the documentation. You will need to provide:

1

Address proof to the broker, like Aadhaar card, latest telephone bill, electricity bill, passport, valid driving licence or most recent bank statement.

2

Proof of identity like PAN card or Aadhaar card.

3

Four photographs.

4

CA reference letter.

5

Name affidavit in case of any mismatch in names, on a Rs 10 stamp paper

Benefits of becoming an Angel Broking Authorised Person

Now that you know how to become an Authorised Person, here are some of the advantages you enjoy by partnering with Angel Broking:

Angel Broking Legacy

Angel Broking is one of the market leaders in the field with strong brand recall. We have best-in-class facilities, significant leverage and advanced technology, ensuring easy client acquisition


Dynamic Career Growth

You can have a great potential to grow with Angel Broking. You have the freedom to acquire and service as many clients as you want using Angel Broking’s infrastructure and innovative trading products.


Marketing & Tech Support

Angel Broking focuses on digital marketing to generate client leads and has several incentives to encourage client acquisition.


Low Investment, Maximum Returns

With Angel Broking, you can start servicing clients by just paying a one-time refundable deposit. You keep earning good returns as long as you keep your clients satisfied and active.

Angel Broking Franchisee App

The Angel Broking mobile application provides a platform for our clients trading and investment requirement and is powered by ARQ, a reulebased investment engine.

NXT a Franchisee Platform

The Angel Broking mobile application provides a platform for our clients trading and investment requirement and is powered by ARQ, a reulebased investment engine.

FAQs

Q1. What is the main role of an Authorised Person?

The main role of an Authorised Person is to recruit clients under him & regulate their business, based on which brokerage will be generated.


Q2. Who is an Authorised Person?

An Authorised Person is a person who is registered with SEBI as such and is affiliated to a member of a recognised stock exchange.


Q3. What makes someone eligible to become an Authorised Person?

An Authorised Person is a person who is registered with SEBI as such and is affiliated to a member of a recognised stock exchange.


Q4. What kind of marketing support will an Authorised Person get from Angel Broking?

An Authorised Person would receive the following marketing support from Angel Broking.

  • Marketing Collaterals
  • Seminars and Events
  • Market Research Report
  • Newsletters

Q5. Will Angel Broking provide any training to the Authorised Person?

Yes, Angel broking will provide training to the Authorised Person regarding all its applications & software to ensure smooth functioning of a business.

Happy Customers

One of the Most Awarded Stock Broking Houses in India

Three Unique Online Trading Products To Suit Your Needs.

Major Volume Driver

By BSE for 5 consecutive years (2005-2009)

Best Retail Broking House

At D&B Equity Broking Awards (2011, 2013)

Larget Distribution Network

At D&B Equity Broking Awards (2009, 2013, and 2014)

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