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Can ca become share broker

Neha Jain (Chartered Accountant) (1085 Points)

09 October 2021

1. Can CA (not in practice )become share broker

2. can also hold AMFI Certificates (like ARN)

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2 Replies

yasaswi gomes (My grammar is 💯 good I) (7290 Points)
Replied 09 October 2021

I’m not sure about certificates, but an advantage is there that you can provide booking and auditing, tax services as well. CFA will be bit advantageous as I had gone through their Schweitzer’s material and it’s easy to understand. However, there are loop holes that they dcan not know how to do hedonic pricing linear programming from their books. But that’s real estate investments. All the best.

SMIFS LIMITED (35 Points)
Replied 19 October 2021

I am pretty sure that a CA can become a share broker or a sub-broker for a reputed broker.. In order to become a broker you need to put in a huge margin with the exchange and your net worth should be high as well. Such requirements are not there if you want to become a sub-broker. So you can try that option.