SEBI Stock Broker License
Become a registered stock broker — exchange membership with NSE, BSE or MCX, SEBI registration through the exchange, and the compliance framework you need from day one.
Start your broking business
Share your entity and net worth details. We handle exchange membership and the SEBI registration application.
Talk to a CS →A complete stock broker registration package
Entity Setup
Incorporation or restructuring of the applicant company or LLP with broking in the main objects clause.
Exchange Membership
Membership application to NSE, BSE, MCX or NCDEX with deposits, security and segment selection.
Net Worth Certification
Net worth computed and certified by a Chartered Accountant in the format prescribed by the exchange.
SEBI Form A Filing
Registration application routed to SEBI through the exchange along with fees and annexures.
Certification Support
NISM certification and experience requirements for directors, compliance officer and dealers mapped and tracked.
Compliance Framework
Risk management policy, KYC and AML policy, internal audit and record keeping systems put in place.
What is needed for a stock broker license
Corporate Structure
A company or LLP is preferred, with broking activity clearly stated in the objects clause of the constitution documents.
Net Worth
Minimum net worth prescribed by the exchange for each segment, certified by a Chartered Accountant and maintained continuously.
Base Minimum Capital
Deposits and base minimum capital placed with the exchange according to the segments and terminals applied for.
Qualified Personnel
Directors, compliance officer and approved users must hold valid NISM certifications and meet experience norms.
Office Infrastructure
Dedicated office space, trading terminals, back office software and a designated compliance officer are mandatory.
Fit and Proper
The applicant, its directors and shareholders must satisfy the fit and proper criteria under SEBI intermediary regulations.
SEBI registration is applied for through the exchange. Membership approval comes first, and the SEBI certificate follows — we run both stages together so the timeline does not stretch.
Common issues in stock broker registration
Simple steps, no surprises
Eligibility mapped
Entity, segments, net worth and personnel requirements assessed.
Membership applied
Application filed with the chosen exchange along with deposits.
SEBI application routed
Form A and annexures forwarded to SEBI through the exchange.
Trading enabled
Registration certificate received, terminals activated and compliance calendar set up.
Other services you may need
Frequently asked questions
Any person or entity that buys or sells securities on behalf of clients on a recognised stock exchange must be registered as a stock broker with SEBI. Trading only for oneself as a client does not require registration.
The regulations allow individuals and partnership firms in certain cases, but exchanges in practice prefer companies and LLPs because of net worth, infrastructure and succession requirements.
Membership is granted by the stock exchange and allows access to its trading platform. SEBI registration is the statutory licence, and the application is routed to SEBI through the exchange after membership is approved.
Membership approval typically takes a few weeks to a few months depending on document readiness and inspection, and the SEBI certificate follows once the exchange forwards the application.
Brokers must maintain prescribed net worth, submit half yearly net worth certificates, conduct internal audit, file periodic returns, follow KYC and AML norms and preserve records for the prescribed period.
Ready to apply for your stock broker license?
We handle exchange membership, net worth certification and the SEBI application from start to activation.