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What are the steps to become a sub-broker

kokou adzo



business, office, boss

There seem to be unlimited potential customers for rewards for investors in every industry, given the Indian stock market’s smashing rate of growth. This surge in interest has boosted the demand for brokers and sub-brokers, which must be present to allow trading on the stock market, as well as the appearance of several startups in every specialized area. Being a sub-broker is quite simple, especially when you have an excellent brokerage company guiding you. There are plenty of opportunities to investigate. Determining the steps required to become a sub-broker in India is the task we are going to do for you in this post.

Let’s briefly review the meaning of “sub-broker” to get things started.

What is a sub-broker?

A sub-broker plays an identical purpose to a broker by functioning as a mediator for the client’s interests and the primary broker.

The role of a sub-broker is to operate as a connection between the broker and the customer and assist the client with different tasks, including documentation and financial dealings. The sub-broker also helps customers invest and work with securities.

Steps to become a sub-broker

  • Step 1: Select Your Stock Brokerage Organisation

Selecting the stock brokerage organization, you wish to work for is the initial phase of becoming a stockbroker in India. Choosing the sub-broker company structure, you’d prefer to apply at this stage is key since it will influence your everyday tasks, rewards, and more. Always make sure that, along with the brokerage firm’s network, competence, internet presence, and variety of products, you also take into account its high incentives and assurance of development.

  • Step 2: Qualifications and Paperwork

The next step could be to look over the eligibility requirements, which are very easy, and then submit all the thoroughly filled-out required paperwork needed to the stockbroking business you might be interested in working with. The paperwork must be submitted with the processing charge and GST, along with input from individuals or companies.

  • Step 3: Review and approval of the application

The stockbroker next pays a processing fee on the client’s behalf and submits the application online for confirmation and authorization to the National Stock Exchange. The goal is to carefully examine the document to determine if there are any errors or problems. If so, the exchange will send your documents back so you can make amends and then submit them again.

  • Step 4: Register with SEBI

You will need to register with SEBI with upfront control via your business after your sub-broker request has been approved. You will get a sub-broker registration document and a special identification number when SEBI accepts your fee payments and registration. You’re now officially a sub-broker, and that’s it.


Anyone with sufficient skills can become a successful sub-broker, but you must constantly try to get better. Many sub brokers make mistakes that cause them to miss out on excellent business chances. It requires commitment and attention. Your ability and knowledge will impact how successful you are as an approved person. Consequently, you must work to consistently improve your knowledge and abilities.


Kokou Adzo is the editor and author of He is passionate about business and tech, and brings you the latest Startup news and information. He graduated from university of Siena (Italy) and Rennes (France) in Communications and Political Science with a Master's Degree. He manages the editorial operations at

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