sub brokers in India

Where i can find list of registered commodity sub brokers in India? how i can verify sub brokers registration?

Originally Posted by ramakrishnan

Where i can find list of registered commodity sub brokers in India? how i can verify sub brokers registration?

Ram, There are many share brokerages ... There must be numerous and probably tons of sub-brokers. I am not sure if there is a site to verify their registrations or check a list of registered sub-brokers.

Most sub-brokers only operate in the model of getting customers to open DEMAT accounts. They get brokerage share on what the client trades.

Only a few trade on behalf of their clients which is very tricky and where clients need to be watchful.