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Team-up with
Systematix

Join us as an Authorised Person

Add value to you professional as well as personal growth. Get benefitted from Systematix’s expertise.

Become an Authorised Person of Systematix

Expand your professional horizon and earn maximum returns

APPLY NOW

Terms and Conditions apply

Who is an Authorised Person?

As per the rules laid down by the NSE and SEBI,   individuals and institutions cannot invest directly in stocks and shares. They need to invest their money through an intermediary that is authorised to conduct these transactions. One such firm authorised to make these transactions is Systematix – we are a broking firm with the necessary permissions. However, Systematix can appoint an individual, partnership firm, LLP or body corporate as an agent to make trades on its behalf. These appointees then become Authorised Persons. Since t here are very few brokers and broking firms, most of the dealing with clients will usually happen through authorised persons.

The definition of an authorised person as per the NSE states that ‘An ‘Authorised Person’ is any person who is not a Trading Member of a Stock Exchange but who acts on behalf of a Trading Member as an agent or otherwise for assisting investors in dealing in securities through such Trading Members.’

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What you Gain?

Opportunities to earn more, complete control over your business, Professional satisfaction, freedom of having balance between your professional and personal growth.

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WANT TO KNOW IN DETAIL?

Have complete information on all that you can achieve by being a part of Systematix.

  • franchisee@systematixgroup.in
  • +91 - 22 - 4035 8104

Who can become an Authorised Person of Systematix?

  • fresh

    Fresh minds who want to start on their own

  • finance

    Finance Professionals who want to add to their income

  • individual

    Individuals having excellent network and want to benefit from it

  • investment-partner

    Investment enthusiasts who want to earn more

  • women

    Women who want to make their mark as entrepreneurs

How does an Authorised Person Grow?

Authorised persons charge a fee for the services they provide, called ‘brokerage’. Brokerage is a fee charged by the broker or authorised person per transaction made on the client’s behalf. The brokerage is usually a percentage amount, and the amount of clients dictate the number of transactions. Therefore, for optimum earnings, an Authorised Person should always:

  • tickHave a concrete plan to attract and retain clients
  • tickPick a reliable broker or brokerage firm offering good commissions, can offer technical knowledge and training, have many different products to cater to different clients and their varied financial targets

Systematix offers generous commissions, resources and training, and has an impressive range of products on offer.

Other things to consider are the initial setup costs like the one-time registration fee to register the authorised person with the stock exchange, the deposit that the broker or brokerage firm will require, the costs involved to set up an office, and recurring costs to run and maintain an office like salaries and utility bills.

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Associating with Systematix as an Authorised Person is easy!

  • Share your contact
    details with us
  • Register as
    Authorised
    Person
  • Add new
    clients
  • Start generating
    revenue

What you will need to become an Authorised Person?

We do not require you to have a particular qualification. However, here’s what you’ll need to become an Authorised Person:

  • If you have at least a 10+2 qualification, it will make things much easier for both you and us. You will need to submit valid documents as proof - e. g. Mark sheet or Passing Certificate.

  • Knowledge of the markets is a plus & experience in handling stocks will help immensely.

  • Knowledge of current events and how the economy functions will help you make better calls, because these are factors that affect the market daily.

  • Good communication skills will be necessary every step of your journey as an Authorised Person, from making a pitch to a potential client, to making clear why you think a client should rework his portfolio to meet new financial targets.

  • With a little business sense and a large helping of hard work, you can earn a substantial amount of money via commissions from the brokerage. The more the business you bring in, the more commission you will receive.

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Documents Required

  • education-img
    Proof of Education

    10+2 or Higher (Valid Mark Sheet or Passing Certificate of current qualification)

  • proof-img
    Proof of Address

    (Aadhar Card, PAN Card, Passport, Valid Driving License etc.)

  • id-image
    ID Proof with Photo

    (Aadhar Card, PAN Card, Passport, Valid Driving License etc.)

  • photograph-01
    Photographs

    (4 copies of preferably latest photographs)

  • CA-Reference
    Reference Letter from a CA

    (Required only in MCX AP registration)

* In case there is a mismatch or error in the spelling of the name in any of the documents submitted, a name affidavit on a ` 10 stamp paper will be required.

Why you should become an Authorised Person with Systematix?

Systematix has over 25 years of experience and is one of the leading broking houses in India. We use our experience and expertise very effectively to grow our clients’ wealth and achieve their financial targets. You, too, can benefit from our expertise and help your clients meet their financial targets. Not only will you get to learn from Systematix’s wealth of knowledge, you will also represent the Systematix brand, which will help you garner respect and trust with potential clients. We will provide you and your staff with training as well as the tools necessary to make the correct decisions for your clients.

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Well Recognised &
Fast Growing Brand

trust

Trustworthiness

stop

One Stop Service Provider for
Major Financial Services

strong

Strong Management
Expertise

ap-research

Extensive Research Strength

ap-risk

State-of-the-art
Risk Management

ap-tech

Robust Technology in
Trading Platform

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Low Set up and
Running Cost

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Marketing Support on
New Product Launches

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Cutting-edge
Technology Tools

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Attractive Model of
Revenue Sharing

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Complete Support in
Business Development

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450+

Offices across

120+

cities in India

strong-team-partner
175+

strong team of employees and

450+

Partners

satisfied
40,000+

satisfied customers across India and growing

asset
2,600 Cr.+

of assets under Custody

Apps for Ease

Convenience for Investors to manage their investments from anywhere, anytime

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Systematix MTrade

play app

Convenient way of trading anytime, anywhere

Systematix MF

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One-stop solution for all your investment needs in Mutual Funds

Systematix BackOffice

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Freedom to access Back-office data on the go, instantly with 100 % convenience

Frequently Asked Questions

Any person who is appointed as such by a trading member and who provides access to trading platform of a stock exchange as an agent of the stock broker is an Authorised person.

The following persons meeting the requisite eligibility criteria as prescribed by SEBI / Stock Exchange shall be appointed as an Authorised Person:

  • An individual who is a resident of India
  • A Partnership Firm registered under Indian Partnership Act, 1932
  • A Limited Liability Partnership (LLP) registered under the Indian Limited Liability Partnership Act, 2008
  • A Body Corporate registered under the Indian Companies Act, 1956.

Yes, Authorised Person can receive remuneration ‐ fees, charges, commission, salary etc. for his services only from the stock broker and shall not charge any amount from the clients.

Yes, Registration of Firm (ROF) Certificate also needs to be submitted along with the Partnership deed for registering the partnership firm as Authorised Person.

No, as per SEBI stipulations, in-person verification of clients can only be carried out by employees of the stock broker, hence an Authorised Person who is not an employee of the stock broker cannot carry out in-person verification and same rule is even applicable to a sub‐broker

No, a choice has to be made between becoming an Authorised Person or sub‐broker as having both concurrently for the same segment is not permitted.

No, an Authorized person has to be affiliated with only one Trading Member for all / specific segments. A person shall not be appointed as authorized person by more than one stock broker on the same stock exchange. However, the AP can be affiliated with another Trading Member only if the existing affiliated TM is not registered for trading in all/specific segments.
For eg; An applicant wants to apply for CM, FAO and CD segment with TM ‘ABC Ltd’. However, ABC Ltd is registered on the Exchange only in CM and FAO segment.

  • 1. Apply only for CM & FAO segments with ABC Ltd and
  • 2. For CD segment, the applicant can be affiliated with a TM who is exclusively registered only in CD segment.
  • Or
  • 1. The applicant has a choice to be affiliated with a TM who is registered on all 3 segments

Yes, the obligations and liabilities of an Authorised Person are similar to that of a Sub‐broker. The Authorised Person shall only be approved by the stock exchange and there is no requirement to seek registration from SEBI. Further in all representations to investors at large, name of the affiliated stock broker along with its registration number should be clearly displayed.