Authorised Partner

A authorised partner or sub-broker is an agent of a SEBI-registered broking platform like Dhan who works for a commission. According to NSE, a authorised partner is someone who doesn’t trade themselves but executes trades on behalf of clients.

Think of a authorised partner in the stock market as someone who is tasked with:

• Getting new clients on board on behalf of a stock broking platform
• Executing trades on behalf of clients

Only a broking platform can charge brokerage fees. That’s why sub-brokers are paid commissions through a profit-sharing model. That’s not all.

Opening a stock broking franchise also gives you access to the broker’s resources like the platform, trading APIs, and more. This can make your job as a authorised partner smooth and efficient.

An authorised partner's main job is to execute buy and sell trades for clients that will drive business for the stockbroker. That’s why an authorised partner is known to act as a bridge between the stockbroker and clients.

In exchange, an authorised partner will receive a commission that’s generally in the form of profit sharing. At the same time, an authorised partner can access the stockbroker’s resources ranging from their stock trading platform to features like APIs.

Becoming an authorised partner has monetary benefits along with ease of access. You get a commission in exchange for bringing new clients to the stockbroker and executing their trades.

Here are the benefits of becoming a Dhan Authorised Partner:

• Commission: Earn commissions in exchange for becoming an authorised partner or sub-broker
• Dashboard: View all your clients, trades, and more in one dashboard
• Features: Lightning-fast onboarding, trade directly from charts, and more
• Support: Continuous support across channels

Ready to roll? Become a Partner

These are the criteria for opening a sub-broker franchise in India:

• Minimum age of 21+
• Passed 12th standard (HSC) at least
• Should hold a capital or derivatives markets certificate
• Has at least 2 years of experience in the securities market
• Does not have a default or active negative trade

You can become a Dhan Partner by filling out this form. As our partner, you'll have access to Dhan's lightning-fast features along with a dedicated partner dashboard for all clients and trades.