Authorised Person

Join Share India-Become an Authorized person and shape your future!

An authorized person in trading is an individual or entity appointed by a broker to act as an intermediary and facilitate trading activities on behalf of clients, adhering to regulatory guidelines.

This role enables individuals and firms to build a scalable business by offering trading and investment services backed by a trusted brokerage.

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    Why to become Authorised Person with Share India

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    Rapid Growth

    Fastest growing financial services conglomerate.

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    Expanding Reach

    Increasing presence among new demographic investors.

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    Trusted Partnerships

    Market leader by successful partnerships.

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    Pan-India Presence

    Expanding operations in multiple geographies.

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    Advantages of Becoming an Authorised Person

    • Low initial investment.
    • High incentive-sharing opportunities with Share India.
    • Access to advanced trading platforms and infrastructure.
    • Regular training sessions and continuous learning.
    • Immediate support for products, services, and client issues.
    • Access to research, stock insights, and market analysis.

    Do’s & Don’ts for an Authorised Person

    Do’s

    • Ensure that all trading terminals are operated only from the reported location by individuals who are certified and approved.
    • Ensure all necessary systems, including voice recording, are operational and order placement records are maintained in all cases.
    • Maintain visitor register and make entry for clients as well as other visitors.
    • Co-operate with Inspection officials during onsite visit to AP office.
    • Maintain clear segregation and demarcation for other permissible activities within the AP office.

    Don’ts

    • Do not engage in funds or securities transactions directly with clients.
    • Do not provide trading terminals to clients or any person other than your employee.
    • Do not open/maintain any trading account with other Stock Broker on the same Stock Exchange.
    • Do not obtain authorisation to trade on behalf of client.
    • Do not map your email id or mobile number to any of the client.
    • Do not register as CTCL/NEAT dealer of any other stock broker.
    • Do not provide any PMS service or advice as research analyst without registering yourselves with SEBI.
    • Do not participate in illegal trading such as dabba trading etc or other such fund-based schemes.
    • Do not involve in guaranteed/ assured return schemes.
    • Do not deal in cash with clients.
    • Do not deposit cash in your bank accounts.

    Eligibility Criteria

    Eligibility criteria mainly include the following conditions:

    For Individuals

    • Indian citizen, minimum 18 years old.
    • Minimum 10th-standard education.
    • Good reputation with no fraud-related convictions.
    • Must have adequate office space, equipment, and manpower.

    For Non - Individual (Partnership, LLP, or Corporate)

    • All partners/directors must meet individual eligibility norms.
    • Partnership Deed/MOA must include permission for securities business.
    • Must have suitable infrastructure to operate on behalf of the Trading Member.