In this article, I am going to discuss about Sub broker/ Authorised Person and Stock Broker Franchise.
- What Is Sub Broker or Authorized Person ?
- Eligibility Criteria for Sub broker
- Sub Broker : How to Become Sub Broker or Authorised Person ?
- SUb Broker / Authorised Person
- How much can a Sub Broker Earn ?
- Benefis of becoming a Sub broker of Authorised Person ?
Fill up the below form to become an Authorised person.
Become a SubBroker in Just 2 Days.
- What Is Sub Broker or Authorized Person?
Stock Broker can provide its franchise to the company or authorized person, who acts as a sub-broker on behalf of the Stock Broker.
List of Best Stock Broking Franchise in India.
| S.no | Broking Firm | Authorized Partner Fees | Per Account Opening Commission | Brokerage Revenue Sharing | Registration Online |
| 1. | Angel Broking | Nil (free) | 300 rs per account | 30 % | Yes |
| 2. | Upstox | 3000 rs | 300 rs per account | 30 % | Yes |
| 3. | Stoxkart | 1100 rs | 300 rs per account | 30 % | yes |
| 4. | Zerodha | 300 reward Point | yes | ||
| 5. | Enrich | 20 % brokerage | 20 % | yes | |
| 6. |
Note: Always changes in partner fees, per account commission and revenue sharing.
( Work From Home no Office setup is required ) and (No NCFM certificate is required)
How long does it take to become a Authorized Partner franchisee ?
Generally, it takes 5 working days for an Authorised Partnership. All document submission Online.
Eligibility Criteria to become an Authorised Partner?
- Minimum he should be 12th pass
- ( Work From Home no Office setup is required )
- No NCFM certificate is required
- Should have knowledge of finance-related transactions.
- Computer Knowledge is must
- Should have basic knowledge of Equity, derivatives, commodities, and currencies.
Benefits of becoming a Sub broker of Authorised Person?
- High revenue sharing
- Low Investment Business
- Provide stock tips to customer
Documents required to become an Authorized Person?
- Pancard
- Adhar Card
- Passport size Photo
- Signature
- Six month Bank Statement or Cancel Cheque.
How to Become a Sub Broker or Authorised Person ?
Fill up the forms with your details. We will contact you .