Sub Broker (Now known as an Authorised Person) is an intermediary between the member broker (trading member) and clients to extend investment services to investors. The term Authorised Person refers to any person, individual, partnership firm, LLP or body corporate, who has been authorized by a stock broker to provide access to trading platform of a stock exchange in form as an agent of such broker. Earlier Sub Broker was registered with SEBI but now SEBI has done away with Sub-Broker registration and have started Authorised Person (AP) registration with Exchanges.
Sub-Broking is very rewarding business model and has immense potential for the Sub Broker (now AP) to earn in form of Brokerage anywhere from few lacs to even crores in a month. One of the best and the most lucrative business opportunities that you can present to yourself is to become a sub-broker with a strong stock broking firm such as Motilal Oswal Financial Services Limited. By becoming a part of the Motilal Oswal franchise network, you not only fulfil your dream of becoming an entrepreneur but also grow your business by leaps and bounds. If you’re interested to know how to become a Sub Broker / Authorised Person, visit our BECOME A PARTNER section right away!
There are plenty of benefits that you get to enjoy by becoming a Motilal Oswal sub-broker. Motilal Oswal provides excellent business development support & value-added services to their Sub Brokers in form of Outlet Branding, Marketing collaterals (Physical/ Digital), Investor Awareness Programmes, Seminars, Webinars, Joint Client Meeting and Digital Location creation.
Here’s a quick look at some of the few advantages of being a sub-broker / business partner with us.
Just as a stock broker acts as an intermediary between an exchange and an investor or a trader, a sub-broker (also known as an Authorised Person) is also an intermediary. However, a sub-broker takes on the role of being a middleman between a broker and an investor. The sub-broker has a vital role to play in that they mediate terms and conditions between brokers and investors or clients. In the majority of cases, sub-brokers do not work on their own, but with reputed brokers like Motilal Oswal. Clearly, if you wish to gain a wealth of knowledge about the industry of stock markets and trading, being a sub-broker (also known as an Authorised Person) can be a good starting point.
Now that you’ve seen the benefits of becoming a part of the Motilal Oswal franchise, go ahead and enrol yourself into the program now. If you’re still wondering how to become a Motilal Oswal sub-broker, our Sub Broker and Business Partner section has everything that you will ever need.
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