Build your broking business, anywhere in India. Keep 100% of the brokerage for 3 months.
Partner with Maitra Wealth, a SEBI-registered broker serving investors across India since 2012. Zero deposit, no minimum business, a flat 80% share after the intro period, and the freedom to choose discount or full-service brokerage for each of your clients.
Become a Maitra Partner
Share your details. A partnership manager will call you back within 24 working hours.
Application received
Our partnership desk will call you within 24 working hours.
Can't wait? Call 044-48656581
A revenue share that starts at 100% and stays at 80%.
Many brokers move partners to 30–70% after the welcome period. At Maitra, it is one simple step to a flat 80%, with no slabs and no minimum business.
- Every rupee of brokerage your clients generate is yours
- All segments: equity, F&O, commodities, currency
- Starts from your partner code activation
- No slabs, no minimum turnover
- Transparent monthly statements in your back office
- You keep earning as long as your clients trade
- Business set-up and client-acquisition support
- Co-branded marketing material
- *Subject to programme terms, shared by your partnership manager
What could your first year look like?
Illustration only, not a promise of income. Actual payout depends on client trading activity and is calculated on net brokerage after statutory levies, as per your AP agreement.
Start with zero investment. Scale with full-service backing.
Zero deposit
No security deposit, no registration fee to the broker. Start without locking up capital.
No minimum business
No monthly turnover or client-count commitment. Grow at your own pace.
AMC support
Support on Demat AMC for your clients, so account opening is an easier conversation.
Mobile & web trading
Powerful app and web platform with TradingView charts, Strategy Builder, option chain, IV & OI analysis, GTT and baskets.
Partner back office
Track clients, brokerage and payouts through your back-office login, with monthly statements.
Dedicated relationship manager
A named business manager plus operations desk for KYC, funds, and client queries.
Marketing support
Co-branded posters, WhatsApp creatives and daily research you can forward to clients.
Training & NISM guidance
Product training, platform demos and help with the certifications your registration needs.
Discount or full-service brokerage? As our partner, you decide.
You know your clients best. Some want the lowest possible cost per trade, others value research, advisory calls and a dealer on the phone. Choose the brokerage model that suits each client, and Maitra Wealth will support it with the right platform, plan and service.
More share, fewer strings.
Industry figures below are typical published ranges for Indian broker AP programmes and vary by broker and slab.
| What matters to a partner | Maitra Wealth | Typical broker AP programme |
|---|---|---|
| Intro-period share | 100% for 3 months | Up to 100% for 3 months at a few brokers; many start lower |
| Ongoing share | Flat 80% | 30% – 70%, often slab-based |
| Security deposit | ₹0 | Varies; some ask for a deposit or fee |
| Minimum business commitment | None | Often required |
| Joining support | ₹30,000 benefit* | Rare |
| Brokerage model for your clients | Discount or full-service, your decision | Usually one fixed model |
| Commodities (MCX) expertise | In-house since 2012 | Often secondary |
| Where you can operate | Anywhere in India, fully digital onboarding | Varies |
| Language support | Major Indian languages | Mostly English / Hindi |
Earn on every product your clients need
Equity & Derivatives
Cash, intraday, index and stock F&O on NSE and BSE
Commodities
Gold, silver, crude and more on MCX
IPO & Unlisted shares
UPI-based IPO applications and pre-IPO access
Mutual funds & SIPs
Lump sum, SIPs and stock SIPs from one account
Insurance
Life, health and general cover for your clients' families
Bonds & Depository
Fixed-income bonds plus CDSL Demat services
If people already trust you with money, you're ready.
Existing sub-brokers & APs
A welcoming home for your practice, with a better share and your choice of brokerage model
Mutual fund distributors
Add equity and F&O income on top of your trail commission
Insurance advisors
Cross-sell Demat and trading to your existing policyholders
CAs & tax consultants
Turn your client base into recurring brokerage income
Finfluencers & educators
Monetise your audience the SEBI-compliant way, as a registered AP
Active traders & ex-broking staff
Put your market network and experience to work
There's room for you at Maitra.
If you already run an Authorised Person or sub-broker practice, you have built something valuable: client trust. We'd like to help you grow it further, with a stronger revenue share, the freedom to choose discount or full-service brokerage for your clients, and a team that respects the relationships you've built.
All associations follow SEBI and exchange rules on AP registration. Our team will guide you on the route that fits your current setup.
Add a new segment
Cover a segment you don't offer today, such as MCX commodities, where Maitra has specialised since 2012.
Move at your own pace
When you are ready, we handle the exchange paperwork and set up digital onboarding for your clients.
Your relationships stay yours
Clients are mapped to your code and serviced with you, never around you.
100% share to restart strong
The same 100% intro share for 3 months and ₹30,000 support benefit* apply to experienced partners too.
From form to first payout in five steps.
Apply online
Fill the form above. It takes a minute.
Day 0Talk to us
A partnership manager calls you, explains the model and answers questions.
Within 24 working hrsSubmit documents
Share KYC and sign the AP agreement. We handle the exchange paperwork.
PaperlessGet your partner code
Exchange approval, back-office login and your onboarding link go live.
As per exchange timelinesOnboard & earn
Open client accounts digitally. Earn 100% for the first 3 months.
Monthly payoutsEligibility
- Indian resident, 18 years or older
- Minimum 10+2 (HSC) or equivalent
- Individual, partnership firm, LLP or company
- No prior disciplinary action by SEBI or exchanges
Documents you'll need
- PAN card and Aadhaar
- Educational qualification proof
- Cancelled cheque / bank statement
- Passport-size photo and address proof of office (if any)
- NISM certificate, where applicable. We'll guide you through it
Questions partners ask us first.
What is an Authorised Person (AP)?
An Authorised Person is an individual or entity registered with the stock exchanges through a SEBI-registered broker. As a Maitra AP you bring in clients, service them, and earn a share of the brokerage they generate. AP was earlier called a sub-broker.
How much brokerage share will I get?
100% of the brokerage generated by your clients for the first 3 months from your code activation, then a flat 80% from month 4 onwards, with no slabs and no minimum business.
What is the ₹30,000 support benefit?
A joining benefit to help you set up and acquire your first clients. It is subject to programme terms and conditions, which your partnership manager will share in writing before you sign.
Do I need to pay a deposit or commit to a minimum business?
No. There is no security deposit and no minimum business commitment. Exchange registration fees, where applicable, are explained upfront.
Can I join from anywhere in India?
Yes. Maitra Wealth welcomes partners from every state and union territory. Registration, client onboarding and support are fully digital, so your location is never a barrier.
Can I offer discount or full-service brokerage to my clients?
Yes, that decision is yours. You can offer a discount plan to cost-conscious traders and a full-service plan to clients who value research and dealer support, all under your partner code. Plans are finalised with our team and remain within exchange and SEBI guidelines.
How and when are payouts made?
Payouts are calculated monthly on the net brokerage of your mapped clients and credited to your registered bank account. You can check the statement in your partner back office.
Can I keep my MFD or insurance business alongside?
Yes. Many partners run AP, mutual fund distribution and insurance together. Maitra also offers MF, insurance and bonds, so you can service everything from one relationship.
Do I need an office?
No. You can start from home and onboard clients digitally with paperless e-KYC. An office address is only needed if you choose to operate from one.
Can I handle my clients' money or trade on their behalf?
No. As per SEBI and exchange rules, client funds and securities move only between the client and Maitra. Trades are placed by the client or on the client's explicit instruction.
I'm already an AP with another broking house. Can I join?
You are very welcome to. Depending on your current registration and segments, you can associate with Maitra for a segment you don't yet cover, such as MCX commodities, or move your practice to Maitra when you are ready. Exchange rules allow one broker per segment on an exchange, so our partnership team will explain the right route for you and handle the paperwork.
What happens to my existing clients if I move?
Your clients always choose where they trade. If they wish to open an account with Maitra, onboarding is fully digital and our team supports you through it, so the change is smooth and their trading is not interrupted.
Your clients. Your business. 100% yours for 3 months.
Join Maitra Wealth's pan-India partner network with zero deposit, no minimum business and flexible brokerage plans for your clients.