Sub Broker with Kotak Securities
Strong National Footprint
Strong National Footprint
Strong PAN India presence in 450+ locations with over 2000+ relationships in Franchisee Business & our network is ever expanding. We have around two decades of experience in Retail, Sub Brokership and Franchisee Business. We have in-house premium research team covering more than 250 companies. Kotak Securities has been awarded as one of the Best for overall Country Research by Asiamoney Brokers Poll 2016 – Ranked first in overall Country Research.
Strong National Footprint
Strong PAN India presence in 450+ locations with over 2000+ relationships in Franchisee Business & our network is ever expanding. We have around two decades of experience in Retail, Sub Brokership and Franchisee Business. We have in-house premium research team covering more than 250 companies. Kotak Securities has been awarded as one of the Best for overall Country Research by Asiamoney Brokers Poll 2016 – Ranked first in overall Country Research.
Seminars & Training Workshops
Seminars & Training Workshops
Given the current market scenario and pro-activeness of investors at every level, it is of paramount importance that you have an understanding of the current tools and are able to decipher the technologies and trends. To facilitate the same, we have devised training programs that keep you abreast of the current technologies with a view to understanding customer needs and fulfilling them. We organize training programs on an ongoing basis to keep you abreast of latest market developments, product innovations, etc. Also, we understand your need for engaging customers for ensuring business growth. Therefore, we have robust and out-of-box plans to engage your prospective and current customers through value-based and innovative investor meets.
Read moreOur Sub Broaking Partnership Success Stories
Our Sub Broaking Partnership Success Stories
Mr.Sidhik V M & Mr.Rajesh S S
Integral Business & Investment Solutions Pvt. Ltd.
Before partnering with us as a Franchisee in 2008 both Mr Sidhik & Mr Rajesh were our clients. Their association with Kotak has been for more than 16 years. When requested to describe their association with Kotak, they said: "Kotak as a brand brings in a lot of trust and transparency. At group level, they have been consistent even during testing times of the economy. They have demonstrated a strong inclination towards, fair business ethics and values, which makes Kotak as one of the most preferred brand in the BFSI sector."
Read more Success StoriesOur Sub Broaking Partnership Success Stories
Our Sub Broaking Partnership Success Stories
Mr. Anil Hurkat & Mr. Sunil Hurkat
Omega Securities & Trading Co.Pvt. Ltd.
Leading in the broking business since the last 35 years and share a strong bond with Kotak Securities for the last 16 years.
When requested to describe their association with Kotak, they said:
"Changes in business dynamics, led us to join forces with a brand which is well respected amongst investor community"
They have consistently been awarded as the “BEST BUSINESS ASSOCIATES” for 4 consecutive years from 2010 onwards.
Our Partners Success Stories
Our Partners Success Stories
Mr. A.S. Kumar
Divya Swaroopa Financial Services Pvt. Ltd.
Mr. A. S. Kumar, Mrs. Poorani Kumar & Mrs. Gomathilingam, directors of Divya Swaroopa Financial Services Pvt. Ltd., have a total experience of more than 20 years and share a strong bond with Kotak for the last 10 years. This group has been involved in the field of Investments, M & A, Venture Capital Funding, Management & Project Consultancy. They have been handling statutory and corporate compliances of corporates in India on behalf of NRI /overseas bodies, Realty & Estate management Services and much more.
Read more Success StoriesOur Partners Success Stories
Our Partners Success Stories
Vikash Sadani
DRD Trading Company
With an overall experience of 10+ years, Mr. Vikash Sadani from DRD Trading Company has been associated with Kotak for the past 3 years. When requested to describe his association with Kotak, he said "I chose Kotak as it shares the same vision that I share, which is to excel in your field while providing best in class services to your clients." During his term of employment with HSBC InvestDirect he has been awarded as "BEST PERFORMER". His line of business is share broking and he has been offering best in class share broking services since the past decade.
Read more Success Stories+ Expand AllSUB-BROKER FAQS
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Q What is a sub-broker?A
A sub-broker is an agent who is associated with a trading member of the stock exchange. To be a sub-broker, one must be registered with the Securities and Exchange Board of India (SEBI) and with a local stock exchange.
Sub-brokers help their clients to buy and sell securities in the stock market. They offer information to them on various securities. They also pass on the clients’ trading orders to the trading member or brokerage firm with which they are associated. For the service provided, they earn a percentage of the brokerage commission.
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Q Where should I apply to become a sub-broker?A
Follow these steps if you wish to become a sub-broker:
1. Apply for certification from the National Institute of Securities Markets (NISM). The certification exam includes modules on equities, mutual funds, commodities, and derivatives.
2. Register online with the Securities and Exchange Board of India (SEBI). Upload the relevant documents and pay the registration fee along with the initial deposit.
3. Register with your local stock exchange.
4. Apply to become a sub-broker at an established brokerage company like Kotak Securities. You will then gain access to research material, regular training, excellent tech tools, and constant support.
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Q What are the eligibility criteria for becoming a sub-broker?A
You are eligible to become a sub-broker if you meet the following requirements:
- You have a secondary school graduation degree.
- You are at least 21 years of age.
- You have in-depth knowledge of financial services.
- You already have a good network of clients.
- You can make a minimum deposit of Rs 3 lakh (the amount is negotiable).
- You have a 300-square-foot office, preferably in a prime location.
- You have computers with ISDN or SAT connections.
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Q Do I need to pay any fees to become a sub-broker?A
You will have to pay a registration fee and make an initial deposit when registering with the Securities and Exchange Board of India (SEBI). You may also incur a fee when signing up with the local stock exchange.
Following this, when you apply to be a sub-broker of Kotak Securities, you will have to make a minimum deposit of Rs 3 lakh. The deposit amount is negotiable. In addition, you would need to have a 300-square-foot office space equipped with computers that have ISDN or SAT connections.
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Q What is the role of a sub-broker?A
A sub-broker enlists clients and helps them with their securities trades on a one-to-one basis. The sub-broker may provide information to a client about different securities. They also convey the client’s buy and sell orders to the brokerage firm, which then executes the orders.
It should be noted that sub-brokers do not buy or sell securities directly. The brokerage carries out the actual trades. Sub-brokers simply carry out client-facing services on behalf of the brokerage company. In return, they earn a percentage of the brokerage commission.
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Q Who can become a sub-broker?A
You can become a sub-broker if you are at least 21 years old, hold a secondary school graduation certificate, and certification from the National Institute of Securities Markets (NISM). Before you apply to become a sub-broker, you would also need to register with the Securities and Exchange Board of India (SEBI) and your local stock exchange.
To become a sub-broker of Kotak Securities, you would need to make a minimum deposit of Rs 3 lakh (negotiable) and have a 300-square-foot office. The office should preferably be in a prime location and have computers with ISDN and SAT connections.
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Q Can I trade for myself as a sub-broker?A
Yes, you can. Start by opening a trading account for yourself. Then manage your account like you would any other account on your client list.
