Eligibility of Sub-Broker in Stock Market: AS Chakravarthy NCFM Course

AS Chakravarthy NCFM Courses in Hyderabad : Eligibility of Sub-Broker

Stock Market : NCFM Training in Hyderabad

Eligibility of Sub Broker in Stock Market

  1. Eligibility:- 21 years, 10+2 qualification and paid up capital Rs. 5 lakhs.
  2. Not convicted involving fraud and dishonesty.
  3. Not debarred by SEBI previously.
  4. 51% of shares as dominant promoters his/her and his/her spouse.
  5. First application to stock exchange- Stock exchange send his application to SEBI- SEBI satisfied issued Certificate of Registration
  6. Under which Broker he is going to work as Sub-Broker, particular broker recommendation letter submission is compulsory to SEBI.
  7. Purchase note and sales note issued by the sub broker with 24 hours.
  8. Maximum Brokerage commission 1.5%.

Note:- 

a) But real time sub-brokers collecting for delivery transactions around 0.50%

b) For Intraday transactions around 0.05%

c) For Option Market for each lot Rs.10 to Rs.50

 

Fun learning more such concepts? Join our expert and the best Stock Market Course Training  and NCFM Courses in Hyderabad, Training at our AS Chakravarthy NCFM Academy Hyderabad, Ameerpet, Telangana.

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A S Chakravarthy NCFM Academy Hyderabad is reputed for its training delivery standards in the NISM & NCFM Classes in Hyderabad and most popular for Financial Markets, Capital Market, Derivative Market, Currency Market, Commodity Market, Fundamental Analysis and Technical Analysis Coaching in Hyderabad for Share Markets. a s chakravarthy NCFM Academy Hyderabad has imparted training to hundreds of batches and thousands of students since its inception and is considered to be monopoly institute in providing Mutual Fund Distribution Module NISM-Series 5-A, and NCFM Course Training in Hyderabad and The Oldest Institute Training on Stock Market Technical Analysis in Hyderabad Telangana for Trading & Investment : Skills, knowledge and career oriented practical training guidance to students, professionals and corporate organizations in Hyderabad. Especially his Technical Analysis Institute in Hyderabad for Professional Trading.