Years of trust

+

Years of Trust

Branches Accross India

+

Avg. Daily Turnover (in Crores)

Customers

.3%

CAGR

Market Share Option

%

Market Share of Options Trading

Who is an Authorised Person?

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The Securities and Exchange Board of India (SEBI) says that an authorised person is a person, a partnership firm, or a limited liability partnership (LLP) that a stockbroker has chosen to work with. As the stockbroker's agent, it is their job to make sure that traders have access to the trading platform. An authorised person is registered with SEBI and helps clients trade stocks on the stockbroker's behalf.

A person with permission to trade plays a big role in increasing the number of trades because they deal directly with traders. They help traders trade well by giving them advice based on their financial goals and their ability to take risks. The expert knowledge of a licensed person is crucial for clients to be able to choose stocks confidently.

Why Choose Share India?

Partner with Share India to enhance your business goals and add an additional source of income. We provide an array of services for you to take advantage of. Have all the financial services under a single roof with the help of your own research wing. We provide 24/7 support to your and your clients along with regular advertisements on a national level.

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Innovative Platform
A unique platform based on the needs of you and your client
Online Desktop
Virtual Trading
A gamified approach where Clients can practice before getting into real trades.
what is ipo

How to Become an Authorised Person?

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mutual fund

Good Partnership Needs Right Benchmarks

ParticularsDescription
Eligibility Criteria for Individuals1. Should be a citizen of India.
2. Should not be less than 18 years of age.
3. Should not have been convicted of any offence involving fraud and dishonesty.
4. Should have a good reputation and character.
5. Should have passed at least 10th standard or equivalent examination from an institution recognized by the Government.
6. The Authorised Person shall also have the necessary infrastructure like adequate office space, equipment and manpower to effectively discharge the activities on behalf of the Trading Member.
Eligibility Criteria for a Partnership Firm, LLP, or Body Corporate1. All the partners and directors, as the case may be, must comply with the eligibility criteria for individuals given above.
2. The Object Clause of the Partnership Deed and the Memorandum of Association must contain a clause permitting the person to deal in the securities business.
3. The Authorised Person shall also have the necessary infrastructure like adequate office space, equipment and manpower to effectively discharge the activities on behalf of the Trading Member.

Documents You Need to Submit

pancard

PAN Card

Aadhar card

Aadhar Card

Passport Photo

Photographs

Residental Address

Personal Address

Office Address

Business Address

Benefits of Being an Authorised Partner With Us!

Multiple Financial Services


Provide trading facilities in all segments, i.e. equity delivery, currency, commodities and derivatives.

Advanced Trading Platform


Make use of our efficient and technical trading platform at a cost effective connectivity option.

Anytime, Anywhere


You can use our state of the art trading facilities at your convenience through the E-Broking platform, Mobile Trading, And Tab Trading.

Dedicated Support Team


Get immediate online solutions 24/7 to all your client queries and a Support team for liaison during the pre-commissioning phase.

Training Programs/Seminars


Attend regular investment awareness seminars carried out by our highly qualified professionals.

Detailed Research


Take advantage of the in-depth technical and fundamental research on all market segments.

Authorised Person Registration Fees

The Initial Investment

By becoming an Authorised person you take destiny into your own hands and create your own future. With Share India, there are no obstacles you need to overcome. All you need is your own space with a computer.

₹0

No Registration Fees

Get registered as an Authorised person free of charge today.

SISL Trade: The Authorised Person App

The Ultimate App for All Your Needs

The Ultimate App for All your Needs

A user-friendly app for a seamless trading experience. Manage all your trades, get market analytics and more at the tip of your fingers.

  • Security and safety is our utmost priority

  • Use various features to make trading effortless

  • Practice your strategies through Virtual Trading

  • Stay updated via news through Livesquawk

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Learn and Understand About an Authorised Person Through Our Blogs

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19

May/22

What is Free Float Market Capitalization?

There are multiple ways to measure the size of a company. Market capitalization is an important parameter which many investors consider while putting money…

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18

May/22

Understanding Open Interest and It’s Importance in Trading!

While trading in the futures and options market, many of you must have come across the fact that traders face losses as they dont...

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25

Apr/22

Initial Public Offerings (IPO) vs Follow On Public Offer…

When a company needs money for expanding their business capacity or clearing off their debt then they go public. Both IPO and FPO are…

Awards and Recognition

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What our Customers are Saying

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FAQs for Authorised Person

Every client must be registered with the stockbroker and all trades must go through the stockbroker. Any recovery of losses due to a client depends on the arrangement between the authorised person and the stockbroker.

You can only be an authorised person with one stockbroker for a specific segment. It’s advisable to choose Share India as they provide trading in all segments.

An in-person verification can only be done by the employees of the stockbroker. As the authorised person, you’re not an employee of the stockbroker and therefore can not carry out in-person verification.

As an authorised person, you can not charge any fees to your clients. However, you are entitled to receive remuneration in the form of fees, charges, commission, and salary for your services from the stockbroker.

You do not need any reference/recommendation or certification to become an authorised person.

One must be a citizen of India and must be at least 18 years of age to be an authorised person. Apart from this, they shouldn’t have any convictions involving fraud or dishonesty against them. He must at least pass the 10th standard or equivalent examination from an institution recognised by the Central Government / State Government along with a good character and reputation. In case he has been barred or suspended from any exchange for a term of more than six continuous calendar months, a period of three years must have passed from the date of completion of suspension before he is considered for the reappointment as an authorised person.