#Highest No. of Registered Authorized Persons - NSE as of March '22

What is an Authorized Person?(Formerly known as a Sub Broker)

Share trading and investing has become an attractive proposition because they tend to offer good returns. In the past few years, equity appears to have outperformed most other asset classes. Of course, investing in equity involves market risk, and investors must be aware of that before taking the plunge.

Ordinary investors cannot buy and sell shares directly. They have to do it through a broker who is a member of the stock exchange. Since the number of brokers is small compared to investors, authorised persons (formerly known as a Sub Broker) do a lot of the work of investing. So when investors buy and sell shares, they will probably be doing it through these agents.

Authorized Person: How to Become an Authorized Person

Now, let’s see how to become an authorised person. It’s not all that complicated; you will have to approach a broking firm to become one, and takes very little time. Angel One enjoys a good reputation in the market and should be your first choice. We have over 11000+ authorised persons, 1.2 million retail clients, 11,000 trading terminals, and 110 branches across the country.

Here’s what you’ll need to become an Authorised Person.

  1. You will need a minimum qualification of 10+2 or HSC. However, some brokers may prefer at least a graduation degree.
  2. Excellent working knowledge of the financial markets, including equity, is preferable.
  3. You may also need to know a bit about the functioning of the economy and politics because this will affect the way stock markets behave.
  4. Another thing to note about how to become an authorised person is excellent communication skills. These are a plus since you will need to be able to becommunicate with your clients effectively about their investment options.
  5. If your qualification is less than 10+2, you may have to submit a proof of experience certificate. You will need experience of at least two years as an employee/ dealer in the capital market.

How much can an authorized person earn?

The dictionary definition of a broker is “a person who buys and sells goods and assets for others,” in return for which he takes a fee or charge, which is called “brokerage.” In India, investors can buy and sell shares or similar investment products through brokerage houses. These entities charge a minimal brokerage fee. These organizations appoint agents, who are paid a commission for each transaction they make. This authorised person (formerly known as a Sub Broker) commission is what acts as a primary source of income.

Business plan for authorized persons

Interest in the equity market has been growing among investors. To invest, one needs to go through brokers or authorized persons authorised by the stock exchanges.

So far, we’ve read about how to become an authorized person, now let’s look at a typical business plan. The business model is something like this: the broker provides the brand and infrastructure support in exchange for brokerage. The reward for higher brokerage received is in the form of higher commissions.

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Documents you need to submit

Another thing to note while knowing how to become an authorized person is the documentation. You will need to provide:


Address proof to the broker, like Aadhaar card, latest telephone bill, electricity bill, passport, valid driving licence or most recent bank statement.


Proof of identity like PAN card or Aadhaar card.


Four photographs.


CA reference letter.


Name affidavit in case of any mismatch in names, on a Rs 10 stamp paper

Benefits of becoming an Angel One Authorized Person

Now that you know how to become an Authorized Person, here are some of the advantages you enjoy by partnering with Angel One:

Angel One Legacy

Angel One is one of the market leaders in the field with strong brand recall. We have best-in-class facilities, significant leverage and advanced technology, ensuring easy client acquisition

Dynamic Career Growth

You can have a great potential to grow with Angel One. You have the freedom to acquire and service as many clients as you want using Angel One’s infrastructure and innovative trading products.

Marketing & Tech Support

Angel One focuses on digital marketing to generate client leads and has several incentives to encourage client acquisition.

Low Investment, Maximum Returns

With Angel One, you can start servicing clients by just paying a one-time refundable deposit. You keep earning good returns as long as you keep your clients satisfied and active.

Angel One Franchisee App

The Angel One mobile application provides a platform for our clients trading and investment requirement and is powered by ARQ, a reulebased investment engine.

NXT a Franchisee Platform

The Angel One mobile application provides a platform for our clients trading and investment requirement and is powered by ARQ, a reulebased investment engine.


Q1. What is the main role of an Authorized Person?

The main role of an Authorized Person is to recruit clients under him & regulate their business, based on which brokerage will be generated.

Q2. Who is an Authorized Person?

An Authorized Person (formerly known as a Sub Broker) is a person who is registered with SEBI as such and is affiliated to a member of a recognised stock exchange.

Q3. What makes someone eligible to become an Authorized Person?

An Authorized Person is a person who is registered with SEBI as such and is affiliated to a member of a recognised stock exchange.

Q4. What kind of marketing support will an Authorized Person get from Angel One?

An Authorized Person would receive the following marketing support from Angel One.

  • Marketing Collaterals
  • Seminars and Events
  • Market Research Report
  • Newsletters

Q5. Will Angel One provide any training to the Authorized Person?

Yes, Angel One will provide training to the Authorized Person regarding all its applications & software to ensure smooth functioning of a business.

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One of the Most Awarded Stock Broking Houses in India

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Major Volume Driver

By BSE for 5 consecutive years (2005-2009)

Best Retail Broking House

At D&B Equity Broking Awards (2011, 2013)

Larget Distribution Network

At D&B Equity Broking Awards (2009, 2013, and 2014)

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