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.

How can I become a Zerodha affiliate?

Get an affiliate link Send your friends to a page of your choice through your personalised affiliate link. If they open an account, we’ll automatically map the referral to you. Generate brokerage income from your referred clients by partnering with us as part of our Authorised Person programme. Register here.

Who can become a 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 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.

Does Zerodha offer sub broker?

Zerodha offers Business Partner Program which allows people to become an online sub-broker and start offering Zerodha services to their customers. To become a Zerodha sub-brokers, you need to fill this form. Zerodha business partners earn a flat 40\% share of the brokerage paid by their clients.

Does Zerodha have sub broker?

Answer – No, Zerodha does not have a sub broker model. This broker is a discount broker, which means they are only available online, via the online trading channels.

How much can a sub broker earn?

Sub Broker salary in India ranges between ₹ 0.7 Lakhs to ₹ 7.2 Lakhs with an average annual salary of ₹ 3.5 Lakhs. Salary estimates are based on 158 salaries received from Sub Brokers.

How do sub brokers work?

A sub broker carries out the same function a broker carries out, being the middleman between two parties. Since in most cases a sub broker works for a stock broker, their job includes bringing clients to the brokerage firm. Additionally, the sub broker assists clients with investing and dealing with securities.

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 do I open a Zerodha Sub-Broker Account?

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. Fill the form and trnasfer the money via NEFT, you will get bank detail in the mail itself.

How to become a Zerodha franchisee?

Zerodha Franchise program provides a lot of great opportunity to its partners in the form of offers: How to become Sub Broker of Zerodha? 1st Step – Fill in your details in the lead form. 2nd Step – Verify your interests by receiving a call from Call Centre. 3rd Step – Fix an appointment with Sales Representative when there is a call from them.

Why choose zerozerodha sub broker for infra services?

Zerodha sub broker infra requirements are least in comparison to their competitors. In fact, they ask the partners for the most basic requirements. This way, they do not end up bothering the partners unnecessarily. Moreover, it enables their partners to thrive with the least possible infrastructural establishments.

What is the brokerage ratio between Zerodha and sub brokerage?

If a franchise client’s generates less than 1 lakh brokerage then the ratio is 20:80 in favour of zerodha. Or franchise have generated between 1-3 lakh brokerage for a month then sub broker will get 30\% of it and the Zerodha will get 70\%.

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