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Become an Authorised Person Hero

Become an Authorised Person with IIFL Capital

Start your journey in India's financial markets by joining a network of 3,100+ Authorised Persons

Become a Partner

Who is an Authorised Person?

An Authorised Person (AP), earlier known as a Sub-broker, is someone registered with a stock exchange through a member broker (like IIFL Capital). Authorised Persons help facilitate financial transactions between investors and the stock market. They can execute trades on behalf of clients, provide investment advisory (with proper certifications), and offer other financial services. The Authorised Persons work under the supervision and regulatory framework of the parent broker, making it a structured and regulated business model.

Becoming an Authorised Person with IIFL Capital offers a low-risk, high-reward opportunity to build your own financial services business while leveraging the brand, technology, and support of one of India's leading brokerage firms.

Growth Advantages with IIFL Capital

Expert Training
& Support

Access world-class training programs, marketing tools, and dedicated relationship management to grow your business.

High Revenue
Sharing

Earn attractive revenue shares from brokerage, client referrals, and other financial services.

100% Digital
Workspace

Leverage our all-in-one AAA platform for seamless account opening, trading, reporting, and client management.

Multi-Product
Offering

Offer clients a wide range of financial products— equities, derivatives, mutual funds, insurance, and more.

Minimal
Upfront Cost

Start with a low initial investment and scale your business at your own pace, with ongoing support from IIFL Capital.

Expert Training
& Support

Access world-class training programs, marketing tools, and dedicated relationship management to grow your business.

High Revenue
Sharing

Earn attractive revenue shares from brokerage, client referrals, and other financial services.

100% Digital
Workspace

Leverage our all-in-one AAA platform for seamless account opening, trading, reporting, and client management.

Multi-Product
Offering

Offer clients a wide range of financial products— equities, derivatives, mutual funds, insurance, and more.

Minimal
Upfront Cost

Start with a low initial investment and scale your business at your own pace, with ongoing support from IIFL Capital.

Why choose IIFL Capital?

One of India's Most Trusted
Financial Service Brands

Network of 3,100+ Authorised
Persons Across India

Award-winning AAA
Trading Platform

Comprehensive Product Suite
(Equities, Derivatives, MF, Insurance, etc.)

Dedicated RM Support
and Training Programs

Up to 70% Revenue
Sharing Model

Real-Time Dashboard for
Business Monitoring & Growth

Benefits of Becoming
an Authorised Person

Build and scale your financial services business through a partnership with IIFL Capital— a trusted brand backed by a proven operating model.

Brand Strength

Associate with IIFL Capital, one of India's most trusted financial services brands, to build instant credibility and client trust.

Diverse Revenue Streams

Generate income across multiple avenues, including brokerage from trades, investments, and a wide range of financial products.

Scalable Growth

Expand your client base and access new markets by leveraging IIFL Capital's comprehensive product ecosystem.

Advanced Technology

Power your operations with the AAA platform and robust infrastructure for efficient client acquisition, execution, reporting, and management.

Revenue Calculator Icon

Revenue Calculator

No. of Active Clients300
Daily Trades per Client3
Brokerage per Trade (₹)20
Trading Days per Month15
Total Brokerage Revenue2,70,000
Sub Broker Share(70%)1,89,000

* Indicative figures only

Become a Partner

Eligibility criteria to become an Authorised Person
with IIFL Capital

Minimum age

Indian citizen aged 21 years or above

Educational background

Graduate, preferably in financial markets

Certification

Experience of 2–3 years in financial services as:

Sub-broker
Mutual Fund Distributor
Financial Planner
Employee of a Broking Company

Skills

With existing client base or has an ability to acquire clients

Skills

Credible office infrastructure to service clients

Become a Partner

Registration and Other Charges

At IIFL Capital Services Ltd., every decision is guided by a commitment to transparency and trust. Here's a clear overview of the fees and charges involved in becoming an Authorised Person.

Registration (Annual)

NSE (Equity & FnO) ₹5,900
BSE (Equity & FnO) ₹4,700
MCX (Commodity Derivatives) ₹2,360

Maintenance Fees

NSE ₹5,000 + GST (per year)
BSE ₹4,000 + GST (per year)
MCX ₹1,000 + GST (charged quarterly)

Other Charges

Security Deposit

₹1,00,000

(refundable, as per IIFL Capital Authorised Person program)

Infrastructure / Setup Cost

No fixed fee

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