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Private brands · Banking, post & finance

Upstox authorised person (sub-broker)

You register as an Authorised Person with Upstox, refer clients to open trading accounts and earn a share of the brokerage they generate.

All IndiaChecked: 29 October 2026
You put in
Not printed — ask the brand
Franchise fee
₹12,980
OfficialExchange registration fees including GST: NSE ₹5,900, BSE ₹4,720, MCX ₹2,360 (all three segments total ₹12,980).
Royalty / commission
Not printed — ask the brand
Space
Not printed — ask the brand
Apply on the official page ↗

What you earn

A share of brokerage on each referred client's trades plus account-opening incentives; the brand says partners can earn over ₹1 lakh a month.

What the brand gives you

  • Fully digital registration
  • Partner dashboard

How to apply

  1. Register on the Upstox "Become a sub-broker" page.
  2. Complete the Authorised Person registration with the exchanges and pay their fees.

What this trade looks like

Representative photos of the trade — not this brand’s outlet.

Never pay a middlemanFake “dealership” offers using big names are common. Pay only into an account named on the official website, after a written agreement. If anyone asks for a “registration fee” over a phone call or WhatsApp, stop.

Sources (1)
  1. Upstox partner (sub-broker) page · 2026

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