uTrade AlgosBecome an Authorised Partner with Us at Zero Investment
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Fastest growing financial services conglomerate
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Increasing presence among new demographic investors
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Market leader by successful partnerships
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Expanding operations in multiple geographies
Benefits of Becoming an Authorised Person with Share India
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Years of Trust
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Avg. Daily Turnover (in Crores)
0%
CAGR
0%
Market Share of Options Trading
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. Working as a sub-broker requires strong market knowledge and the ability to build trusting relationships with clients. We provide 24/7 support to you and your clients along with regular advertisements on a national level.
Innovative Platform
A unique platform based on the needs of you and your client
Virtual Trading
A gamified approach where Clients can practice before getting into real trades.
How to Become an Authorized
Person in India?
Eligibility Criteria to Become an Authorised Person
| Particulars | Description |
|---|---|
| Eligibility Criteria for Individuals | 1. 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 Corporate | 1. 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. |
Required Documents to Become a Partner with Share India
PAN Card
Aadhar Card
Photographs
Personal Address
Business Address
Why Customers Choose Share India?
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.
Detailed Research
Take advantage of the in-depth technical and fundamental research on all market segments.
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.
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 Authorized person free of charge today.
SISL Trade: The Authorised Person App
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
Learn, Apply, Earn, Repeat – Make the Most of Our Latest Blogs
15 Dec / 23A Beginner’s Guide to Currency Trading in India
Currency trading, also known as foreign exchange or foreign exchange trading, involves buying and selling currencies from different countries with a view to making a profit. The United States dollar is the most widely traded currency in India, and the other currencies traded are the Euro, Japanese Yen, and British pound.
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15 Dec / 23
A Comprehensive Guide to Becoming a Mutual Fund Distributor
Good understanding and awareness are required to invest in mutual funds. Nowadays, all information about a fund is available on the Internet, so investors can compare various funds before starting to invest. However, the mutual fund agent plays a significant role when considering all the facts. Agents have a significant role to play in developing the mutual fund industry in India.
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15 Dec / 23
A Definitive Guide to Becoming a Franchise Broker in India
In India, becoming a franchise broker is more than just a fantasy. When you truly think about it, the process of becoming one is not that tough. Even though there are numerous challenges to conquer, being ready for the journey ahead is all that is necessary. In India, aspirant business owners and franchisors may commonly wonder: what is franchise broker, and how can I become one? What steps should I take to apply for a franchise? Whenever someone tries to realise their lifelong dream of being a franchise broker, these are some of the questions that always cross their minds.
Awards and Recognition
Top Member by NSE
Awarded on the 25-year completion of the Nifty Index
Awarded as Listed Player at the National Level
Grew enormously in the stock market.
Among the Top 10 Brokers in Index Derivatives
Trusted by trading community of derivative traders.
Broker of the Year at NCDEX Commodity Awards
Enhance our standard in the year 2022.
Awarded to Contribute in Commodity Derivatives
Strategic and significant contribution towards our customers.
Strategic and Significant Contribution to Commodity Derivatives
Awarded for the second year in a row
What our Customers are Saying
Who is an Authorised Person?
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. A sub-broker is responsible for facilitating seamless transactions and delivering exceptional service to investors, ensuring their financial goals are achieved. 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.
At the same time, they also help the stockbroker build their business by bringing in new clients and help existing investors to reinvest their money. An authorised person takes an entrepreneurship role and functions as the intermediary between the stockbroker and their clients. For that they generally receive a commission on the total transaction value of their clients.
You can partner today with Share India and become an authorised partner to start your professional sub-broking career. You help investors achieve their investing goals and benefit from Share India’s lucrative incentive model.
Responsibilities of an Authorised Person
Authorised persons function as liaison between the stockbroker and the clients, and hence have responsibilities catering to both parties. The sub-broker diligently monitors market trends and evaluates various investment opportunities, ensuring that clients receive expert guidance to make decisions for their portfolios.
With a Stockbroker
The following are the responsibilities of the authorised individual towards the stockbroker providing them with market insights and product support:
Business Expansion:
The primary responsibility of an authorised person is to help the broker expand their client base and increase business volume in a specific territory. They do that by finding new investors and helping existing investors to reinvent their capital.
Standardised Transactions:
Authorised partners are in charge to maintain the credibility of the broker for which they standardise the transaction process. They also prevent investors from submitting wrong documents to the stockbroker.
Transparent deal practices:
An authorised partner should be well-aware of the broker’s policies related to investment transactions. They must always look at what’s best for the client and work towards maximising those benefits.
With the Client
Likewise, an authorised person is also responsible to help clients in the following ways:
Investment decisions:
An authorised person’s primary responsibility towards clients is to help them make sound investment decisions. They must understand the client’s financial situation and help them invest investments that suit their investor profile.
Investment ideas:
An authorised person in the stock market assists their clients with investing activities by offering them investment ideas and also updating them on the news front. For that it is essential that they understand the client’s financial goals.
With the Stock Exchange
An authorised person is not a direct member of the stock exchange, as they are not directly associated with the exchanges. However, they obtain the broker’s franchise and assist clients to make better investment decisions. So, indirectly they help the stock exchange maximise deals in their area.
Advantages of being an Authorised Person
Low initial investments:
The initial investment required to become an authorised person is minimal. A handful of select brokers don’t even charge a registration fee
High incentive sharing models:
The top broker’s offer lucrative incentive models to their authorised partners. A percentage of the revenue a sub-broker’s client generates is given to the sub-broker.
Sophisticated trading platform:
An authorised person has access to the broker’s sophisticated trading infrastructure at cost-effective connectivity options.