Introducing broker (in stocks)

[RomanS]

Let's say I wanted to set up a website that allowed users to trade stocks. I would provide extra value through various services, but would rather not deal with setting up a back-end brokerage system. What are my options?

So far the only option I have come up with is Interactive Brokers. I could probably use their API to execute the customer orders. Are there comparable API's from other online brokers?

What kind of an account would I need to set up with IB - an Introducing Broker account, or a Financial Advisor account? Are there any gotchas that I should consider?

Thanks for your help!

 

[RomanS]

Surely somebody has an answer to at least the first question? Or am I asking in the wrong section?

 

[Bell]

You must be a licensed broker or FA in order to set up this business. Since you're asking these questions you're probably not the one I think you could try to approach some pro firms, offer them your services and evaluate options.