APT Account Type

APT offers two primary types of brokerage accounts for individuals looking to engage in stock trading and investment activities:

• Master Franchise Account: This account type allows individuals to manage all franchise-related aspects within their designated territory. It requires a security deposit ranging from Rs. 300,000 to Rs. 500,000 and offers a revenue sharing of 70% to 80% from profits generated.

• Sub Broker Account: This account is designed for those who want to operate as sub-brokers under the APT brand. The security deposit for this account ranges from Rs. 50,000 to Rs. 300,000, and the revenue sharing is between 50% to 70%.

APT Broker Account Opening Process

The process to open a brokerage account with APT is straightforward and can be completed in a few steps:

• Application Submission: Interested individuals must fill out an application form, providing personal and financial information, including:
• Full name
• Address
• Social Security Number (or equivalent)
• Employment details
• Investment objectives

• Security Deposit Payment: After the application is approved, applicants need to pay the required security deposit based on the account type they choose (Master Franchise or Sub Broker).

• Account Activation: The activation of the sub-broker code typically takes 20 days after the submission of the application and deposit.

• Payout Schedule: Once activated, sub-brokers can expect payouts within 40 days of their earnings.

• Infrastructure Requirements: APT requires a minimum office area of 300 sq ft, at least 3 employees, and necessary trading infrastructure such as internet connection and trading terminals.

By following these steps, individuals can successfully establish their brokerage account with APT and start their trading journey.