Grow your client base.
Earn up to 85% of the brokerage.
400+ partners already do. They built thriving client bases on AC Agarwal’s technology stack, earned up to 85% of the brokerage, and never wrote a line of compliance code. If you want a broking practice without building the broker - this is the program.
The more you trade, the more of it stays yours.
Three tiers, one ladder. Your revenue share automatically moves up when you cross the monthly brokerage band. No renegotiation, no year-end adjustments - it’s published, and it’s yours.
- Bloom & Math trading apps for every client
- Centralised back-office & compliance
- Access to research desk & morning note
- Refundable security deposit
- Standard onboarding & training
- Everything in Starter
- Dedicated regional relationship manager
- Priority back-office queue
- Margin & collateral support from HQ
- Co-branded marketing collateral
- Everything in Growth
- Quarterly business review with leadership
- Custom tech & API integrations
- Preferred event & research access
- Highest-priority migration & onboarding
Revenue share is calculated on net brokerage retained by AC Agarwal after exchange & statutory pass-throughs. Bands apply monthly and reset in accordance with the partnership agreement. Exact thresholds and deposit schedule are finalised during onboarding.
Whether you’re switching brokers or starting from zero.
Already running a practice? Migrate it in a weekend.
Most partners who join us come from Zerodha, Angel, or a regional broker. We move your client contracts, activate their accounts, and backfill history in parallel. Zero downtime during market hours.
- KYC re-validation without full re-onboarding
- Bulk client import from CSV or DP statement
- Brokerage plan uplift in week one
- Dedicated migration desk handles exchange paperwork
New to broking? Start on institutional rails.
CAs, ex-bankers, MF distributors, IFAs, ambitious first-time entrepreneurs. You bring the clients and the hustle. We give you the trading tech, the compliance, the back-office, and the trainer who walks you through every regulatory step.
- NISM Series VIII certification support
- Exchange AP registration handled end-to-end
- Bloom & Math trading apps + branded pitch deck + business cards
- 8-week structured launch programme with a dedicated mentor
Everything a big broker has. None of the building.
Every client you onboard gets Bloom for retail and Math for pro/algo - iOS, Android, Web, Desktop. AC Agarwal runs the tech; you run the relationship.
Contract notes, statements, settlement, corporate actions, tax reports - all handled from HQ. You focus on your clients, not the paperwork.
No need to park your own capital to cover client margin calls. AC Agarwal’s balance sheet does the heavy lifting, subject to risk policy.
Daily risk, surveillance, KYC, PMLA, client fund segregation - all managed by our SEBI-audited compliance desk. You stay on the right side of every circular.
Your algo-trading clients get the same free Symphony Fintech XTS API that powers IIFL and 5Paisa. You inherit the stickiness.
One human at AC Agarwal who knows your desk, your clients, and your growth plan. Not a ticket queue.
Pre-market note at 8:45 AM IST. Technical, derivative, and fundamental coverage to keep your clients trading with conviction.
Annual partner awards, international conferences, and leadership access for top-25 partners. We reward the ones building with us.
Weekend migration. Monday morning you’re live.
Your current broker won’t make this easy. We will. Our migration desk has moved 100+ partners in the last year - CSV imports, KYC revalidation, client communications, exchange paperwork, all done in parallel.
30 minutes with our partnerships team. We map your business scale, top-20 clients, and the must-have tools.
We send the AP registration, tripartite agreement, and client-consent template on day one. Pre-filled where possible.
Upload a CSV or your existing DP statement. Our back-office activates all accounts, syncs holdings via off-market transfer.
Typically T+7 to T+10 working days after discovery. Your clients trade on Bloom from the next session; your AP code earns on every order.
Eight weeks from signature to your first client.
A structured programme with a mentor who has onboarded 50+ first-time partners. You don’t need a broking background - you need discipline, clients-in-mind, and the willingness to follow a proven sequence.
NISM Series VIII coaching, exchange AP registration, tripartite agreement, office infrastructure checklist.
Bloom app configured with your logo and colours. Branded deck, website snippet, business cards, WhatsApp Business setup.
Guided KYC, risk profiling, and client onboarding with your regional RM shadowing the first accounts.
Research rhythm, daily market call structure, marketing templates, referral programme setup, cross-sell motions.
What a typical month looks like.
Numbers below assume ₹4 brokerage per executed order (AC Agarwal’s retail rate), 22 trading days per month, and your band’s revenue share. Actual mileage varies with client behaviour; the math is the math.
| Clients | Avg orders / client / day | Monthly brokerage (₹ lakh) | Your tier | Your monthly earning |
|---|---|---|---|---|
| 20 | 2.5 | ₹6L | 60% | ₹52,800 |
| 75 | 2.4 | ₹75L | 75% | ₹2,64,000 |
| 200 | 2.5 | ₹260L | 85% | ₹7,48,000 |
| 500 | 3.0 | ₹950L | 85% | ₹22,44,000 |
Illustrative only. Assumes retail pricing & per-order-based brokerage. HNI/algo client mix, volume discounts, and cross-sell (MFs, insurance, IPOs) materially increase the absolute number without changing the share.
The checklist.
- Indian citizen, 21 years or older
- Completed 12th standard (graduate preferred, not mandatory)
- NISM Series VIII (Equity Derivatives) - we help you obtain it
- Clean CIBIL / no SEBI-barred history
- Fit & proper criteria per SEBI Stock Brokers Regulations
- Refundable security deposit (quantum shared during onboarding)
- Willing to dedicate this as your primary business activity
Questions partners ask us.
Is this exclusive? Can I also work with another broker?+
AC Agarwal’s AP program requires exclusivity for trading business. You can continue unrelated activities (MF distribution with an ARN held independently, insurance POSP with a separate entity, etc.), but you’ll be registered as our AP on the exchanges and trades flow through us.
What’s the security deposit?+
Refundable, set per partner based on expected volume band. Typically in the ₹25,000 to ₹2,00,000 range - paid once, held as collateral against client obligations, returned on exit. No revenue share of your earnings is taken up-front.
Do I need office infrastructure?+
A minimum physical presence (even shared office / co-working) is recommended for compliance and client trust. Many partners start from home with a ₹10,000 monthly co-working seat and scale to a dedicated office by month six.
How long does SEBI / exchange registration take?+
Exchange AP code typically comes through in 10–14 working days after documentation is complete. You can start client onboarding in parallel; trades go live the day the code is active.
Can I switch tiers mid-year?+
Tiers are evaluated monthly. Hit ₹50,000/month brokerage this month → your next month is billed at 75%. Drop back down → tier resets. No contract renegotiation needed.
What about technology costs?+
Bloom, Math, XTS API, back-office, research desk - all bundled in the partnership at zero additional cost. You pay only for optional extras like a physical trading terminal licence or third-party integrations (Tradetron, AlgoBulls) if you choose them.
One form. Then we’re on the phone.
No CV, no cover letter, no application fee. Tell us who you are and what you’re building. Our partnerships team calls back within one working day with the exact revenue-share band, security deposit, and onboarding timeline for your case.
- One working-day response
- 30-minute discovery call
- Term sheet within three working days
- Live on the exchange within 10–14 working days
Your first client is somewhere in your phonebook.
We’ll help you call them. The earlier you apply, the earlier your exchange code is live. Every week you delay is a week of brokerage walking past your practice.