IB vs. AP

Discussion in 'Professional Trading' started by cotton2, Jan 12, 2007.

  1. cotton2


    I am considering going out on my own and would like it if someone could explain to me the major differences between being a registered IB or running a branch office as an AP, and what the pros and cons are of each. I am trying to factor in flexibility, control & ownership rights, costs/fees, ect...I would appreciate any helpful input. Thanks.