Question 1

Q.1: What is a sub-broker?

Accepted Answer

Ans: A sub-broker is an agent of a broker, working with the client on their behalf. They are the link between the stockbroker and the client. They have multiple responsibilities, like sourcing clients, executing trades, providing services, and client management. In the stock market, they have officially listed stock exchange members that enable investors to make & take trades for a certain amount of brokerage fee. At IIFL Securities, they are called business partners.

Question 2

Q.2: How to become a sub-broker in India?

Accepted Answer

Ans: You first need to do your research and carefully choose a stock brokerage firm to partner with. Next, submit & pass all the necessary eligibility criteria such as age, education and citizenship. Once you get registered you are all set. You can partner with IIFL Securities and start your own franchise (previously known as a sub-broker franchise) today!

Question 3

Q.3: How to become a sub-broker in the stock market?

Accepted Answer

Ans: There are numerous brokerage firms that have designed partner programs to cater to your needs when you wish to turn into a sub-broker. IIFL Securities has one such program that will help you become a sub-broker in the stock market. You can enter your details in the form above and we’ll connect with you soon to share further details.

Question 4

Q.4: How to become a share broker with IIFL?

Accepted Answer

Ans: To become a share broker with IIFL Securities, you first need to be of 18+ years of age. With 2-3 years of experience in selling financial products as a Sub-broker, you will have an ADD-ON. You can then sign up with your details like name, email, phone number, city, and state, and a member from our sales team will soon give you a call to share detailed information.

OTP