How do I start a sub broker?

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How do I start a sub broker?

Follow these steps if you wish to become a sub-broker:

  1. Apply for certification from the National Institute of Securities Markets (NISM).
  2. Register online with the Securities and Exchange Board of India (SEBI).
  3. Register with your local stock exchange.

What is eligibility for individual sub broker?

You will need a minimum qualification of 10+2 or HSC. However, some brokers may prefer at least a graduation degree before appointing you as their sub-broker. Your knowledge of financial markets needs to be high. There are a number of exams that you can undertake to be eligible to join a good broker.

How can I become a Zerodha affiliate?

Key Facts

  1. Open to all existing Zerodha customers.
  2. Just share email and phone number to refer clients to Zerodha.
  3. Earn 10\% of the brokerage paid by the referral for a lifetime.
  4. In addition, earn 300 reward points per client.
  5. Create an affiliate link and share it on your website/blog/social media.
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How can I become a Zerodha Quora sub broker?

Open account with zerodha. Go to refer , there is a link given to open zerodha sub broker account. They will drop you a mail along with the form to fill up to become a sub broker. There will charge of 1000+18\% GST on 1000 to open the account.

How can I get 10 brokerage in Zerodha?

Along with the current rewards program, you can also earn 10\% of the brokerage paid by anyone you referred from Jan 1st, 2020. But to earn the brokerage share you have to refer at least 5 members from your friends/family circle. You can refer from the Rewards and referrals page on Console.

How can I become a sub broker in sharekhan?

As the Sharekhan Franchise Cost, the broker has to make a deposit of ₹70,000 and also set up the office by themselves. This might total to about ₹2,00,000 worth investment. The profit is divided between the company and the sub-broker.

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How much do Subbrokers earn?

Sub Broker salary in India ranges between ₹ 0.7 Lakhs to ₹ 7.2 Lakhs with an average annual salary of ₹ 3.5 Lakhs.

How much do sub brokers earn?

Sub Broker salary in India ranges between ₹ 0.8 Lakhs to ₹ 7.2 Lakhs with an average annual salary of ₹ 3.6 Lakhs. Salary estimates are based on 160 salaries received from Sub Brokers.

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