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Writer's pictureRekha Kumari

Top 25 Demat Account Partner Programs in India 2024

Would you like to venture into the highly profitable field of stockbroking and earn fat commissions? Getting into a Demat account partner program could be a great opportunity for you.


In India, more people are entering the stock market due to the rise of retail investing and this is creating need for trustworthy brokers. You can take advantage of this trend by joining a Demat account partner program where you will assist others open accounts and still earn attractive brokerage commissions.


This blog post aims at guiding you through some of the best Demat account partner programs in India that are unique in their own ways. For would-be entrepreneurs seeking for additional sources of income or financial enthusiasts these initiatives provide essential tools as well as assistance needed to reach success.

Demat Account Partner Program in India
Demat Account Partner Program in India

Analyze opportunities, become aware about advantages of partnership and learn how to create prosperous brokering business within ever-changing Indian finance markets.


Here is a List of 25 Best Demat Accounts in India:


1. Zerodha

Zerodha is a prominent brokerage firm in India known for offering the lowest brokerage rates. It offers a range of financial services, including equity, commodity, and currency trading, and demat account affiliate program.


Zerodha Demat Account Partner Program
Zerodha - Demat Account Partner Program

Benefits of Demat Account Partner Program - Zerodha

  • Prioritize cost-effective operations without compromising service or platform quality.

  • Instead of traditional advertising, Zerodha invest in their clients through the Zerodha Partner Program.

  • Rather than spending on media ads, Zerodha share 10% of brokerage revenue with clients who refer others to trade with them.

  • Clients can participate by referring potential customers and facilitating account openings.

  • In return, they receive 10% of brokerage revenue as a token of appreciation.



2. Upstox

Upstox is another popular discount brokerage firm that provides trading in Share Market, SIP, IPOs, Mutual Fund, Indices and Commodity. It is known for its user-friendly platform, Upstox partner account and competitive brokerage rates.


Upstox Demat Account Partner Program
Upstox - Demat Account Partner Program

Benefits of Demat Account Partner Program - Upstox

  • Receive a share of the brokerage from each trade made by your referred clients.

  • Earn incentives through referrals; the more you refer, the more you earn.

  • Access an all-in-one Partner dashboard.

  • Earn account opening incentives based on revenue per user.

  • Benefit from customer team support.



3. 5paisa

5paisa is among India's fastest growing discount stock broking companies. It offers trading services for stocks, derivatives, commodities, and mutual funds. It provides a demat partner program in India for easy access to trading and investment options.


5paisa Demat Account Partner Program
5paisa - Demat Account Partner Program

Benefits of Demat Account Partner Program - 5paisa

  • Experience a streamlined digital account opening process.

  • Utilize a smart dashboard to easily review your earnings.

  • Receive dedicated support from a relationship manager.

  • Choose from flexible business plans tailored to your needs.

  • Access marketing collateral support to enhance your promotional efforts.



4. mStock by Mirae Asset

mStock is a mobile trading platform offered by Mirae Asset, a leading financial services company in India. It provides stock market, delivery, intraday, MTF, futures & options, currency, mutual funds & IPOs, along with demat partner program.


mStock Demat Account Partner Program
mStock - Demat Account Partner Program

Benefits of Demat Account Partner Program - mStock

  • Earn the highest-ever commissions on every account.

  • Benefit from lucrative brokerage sharing opportunities.

  • Enjoy a dashboard you’ll love with real-time lead tracking capabilities.

  • Experience 100% paperless, 5-minute onboarding.

  • Receive quick payouts with 100% transparency.



5. Espresso by Sharekhan

Espresso is a zero investment online trading platform offered by Sharekhan, a well-known brokerage firm in India. It is appraised by experienced stock market folks for having one of the best demat account partner program India has to offer.


Espresso Demat Account Partner Program
Espresso - Demat Account Partner Program

Benefits of Demat Account Partner Program - Espresso

  • Receive timely monthly payments.

  • Start with ₹0 investment required as a Partner.

  • Benefit from dedicated account opening support.

  • Access a multilingual account opening support team.

  • Have a voice in suggesting new features for Espresso.


6. Dhan

Dhan is an online stock trading and investing platform for Stocks, F&O, Commodity, Currency, ETFs, Mutual Funds and IPO. It aims to simplify investing for retail investors through its user-friendly interface and demat partner program.


Dhan Demat Account Partner Program
Dhan - Demat Account Partner Program

Benefits of Demat Account Partner Program - Dhan

  • Access real-time insights and resources on your dedicated Partner Dashboard.

  • Receive complementary marketing materials and support from Dhan team.

  • Consistently earn every week with Dhan designed payout system.

  • Get personalized support from dedicated managers to ensure mutual success.

  • Enjoy 24/7 round-the-clock support for you and your clients.


7. ICICI Direct

ICICI Direct is a part of ICICI Securities and offers retail trading and investment services. It is a full-service brokerage firm offering a wide range of investment options, including equities, derivatives, commodities, mutual funds, IPOs, and a partnership demat account program.


ICICI Direct Demat Account Partner Program
ICICI Direct - Demat Account Partner Program

Benefits of Demat Account Partner Program - ICICI Direct

  • Start without any initial investment.

  • Experience hassle-free, digital account setup.

  • Receive dedicated support from Relationship Managers.

  • Stay updated with frequent training sessions.

  • Get your earnings credited within a swift 20-day period.


8. Paytm Money

Paytm Money is a digital financial services platform that offers investment opportunities in mutual funds, stocks, IPOs, and digital gold. Invest in best direct mutual funds with zero commission. It provides a seamless user experience of demat partner program.


Paytm Money Demat Account Partner Program
Paytm Money - Demat Account Partner Program

Benefits of Demat Account Partner Program - Paytm Money

  • Start hassle-free without any security deposits.

  • Tap into the credibility of a trusted brand with 400 million customers.

  • Refer and earn up to 50% Revenue Sharing.

  • Receive ₹400 per referral plus up to 50% of the revenue generated by the referred client.

  • Enjoy timely monthly payouts while tracking leads and earning live!



9. Sharekhan

Sharekhan is a well-established brokerage firm in India, offering a wide range of financial services and investment opportunities to investors and traders. Offers seamless online share trading, expert stock market insights, and hassle-free demat account affiliate program.


Sharekhan Demat Account Partner Program
Sharekhan - Demat Account Partner Program

Benefits of Demat Account Partner Program - Sharekhan

  • Receive your earnings consistently every month.

  • Start as a Partner with zero investment.

  • No documentation needed as a Partner.

  • Automated Referral Dashboard to track your referrals and payments seamlessly.

  • "Assist Package" for your client's benefit.


10. Samco

Samco is India's best online trading and investment platform for Equities, F&O, Commodities & Currency. It offers competitive brokerage rates and a demat partner program.


Samco Demat Account Partner Program
Samco - Demat Account Partner Program

Benefits of Demat Account Partner Program - Samco

  • Offer a comprehensive range of tech-enabled products, including stock trading, currency trading, F&O trading, and mutual funds.

  • Access to Samco’s interactive dashboards for seamless business operations at scale.

  • Generate revenue from various sources such as account opening incentives, brokerage sharing, and commissions on multiple products.

  • Elevate your business digitally with website creation and interactive CRM tools to enhance client engagement.

  • Learn from experts in growth and stock markets to scale your channel and create engaging content for your audience.


11. Kotak Securities

Kotak Securities is a brokerage firm offering investment products and services, including equities, derivatives, commodities, mutual funds, and IPOs. Get zero brokerage charges with India's leading investment and trading platform and the best demat partner program in India.


Kotak Securities Demat Account Partner Program
Kotak Securities - Demat Account Partner Program

Benefits of Demat Account Partner Program - Kotak Securities

  • Maximize your earnings with Kotak's lucrative revenue-sharing model.

  • Empower your franchisee with seamless operations and a technologically advanced platform.

  • Provides Robust Technology High and Revenue sharing.

  • Offer a wide range of products to fulfill every need of your clients.

  • Receive assistance from Relationship Managers to build strong and lasting relationships, contributing to the growth of your business.



12. Axis Direct

Axis Direct is the online trading arm of Axis Bank, promoting itself as a 3-in-1 account. Offering a variety of investment options, including equities, derivatives, mutual funds, IPOs, and a demat partner account option.


Axis Direct Demat Account Partner Program
Axis Direct - Demat Account Partner Program

Benefits of Demat Account Partner Program - Axis Direct

  • Earn Rs. 5 lakhs or more per month as a Business Associate by offering Axis Direct's financial products and services.

  • Stay ahead with cutting-edge technology and innovative solutions for a seamless trading experience.

  • Access comprehensive training modules to equip yourself with the necessary knowledge and skills for success.

  • Receive assistance from Axis Direct's dedicated support team at every step.

  • Utilize Axis Direct's state of the art platform to provide clients with a seamless trading experience.


13. HDFC Securities

HDFC Securities is a brokerage firm offering investment options like equities, derivatives, commodities, mutual funds, IPOs, and more. It provides a seamless online real-time platform to trade and track your stocks, and access to the HDFC demat partner program.


HDFC Securities Demat Account Partner Program
HDFC Securities - Demat Account Partner Program

Benefits of Demat Account Partner Program - HDFC Securities

  • Ensuring safety, transparency, and accuracy in all transactions.

  • Offering incentives to partners for client referrals.

  • Access to a dedicated manager and assistance for personalized support.

  • Providing training and skill development opportunities.

  • PAN India Presence to cater to clients nationwide.


14. Motilal Oswal

Motilal Oswal is a financial services company offering a range of investment products and services, including equities, derivatives, commodities, mutual funds, IPOs, and more. It offers the best online stock trading platform in India and access to the best demat account partner program India has got!


Motilal Oswal Demat Account Partner Program
Motilal Oswal - Demat Account Partner Program

Benefits of Demat Account Partner Program - Motilal Oswal

  • Access to reliable research and expert advice for informed decision-making.

  • Guidance and support from experienced senior executives.

  • Efficient back-office systems for seamless operation management.

  • Implementation of thorough strategies to foster business growth and development.

  • Insights on the current market and future trends.


15. Aditya Birla Capital

Aditya Birla Capital is a diversified financial services conglomerate offering a range of investment options, including insurance, loans, and a demat partner program. It provides online trading facilities through its subsidiary Aditya Birla Money.


Aditya Birla Capital Demat Account Partner Program
Aditya Birla Capital - Demat Account Partner Program

Benefits of Demat Account Partner Program - Aditya Birla Capital

  • 100% paperless client registration via web or mobile KYC.

  • Mobile App for investment, trading in equity, commodity or currency.

  • Attractive revenue sharing with diversified revenue stream.

  • Online and real time back-office for business partners.

  • Opportunity to distribute all products of Aditya Birla Capital.


16. Alice Blue

Alice Blue is a discount brokerage firm offering online trading services for in Stocks, MFs, & IPOs, at no cost, & Trade FNOs, Commodities, & Currencies. It provides competitive brokerage rates and a demat account partner program India will love.


Alice Blue Demat Account Partner Program
Alice Blue - Demat Account Partner Program

Benefits of Demat Account Partner Program - Alice Blue

  • For first 3 months, unlock the full potential of your profits with complete 100% revenue sharing.

  • Sustain your earnings with a highly favorable 75% revenue sharing from the 4th Month.

  • Alice Blue will give you 10% of their 25% share.

  • No onboarding deposits required.

  • Free access to APIs with no questions asked.


17. Ventura Securities

Ventura Securities is one of India's top trading apps and brokerage platform. A full-service brokerage firm offering a wide range of investment options, including Trading and Stocks, Mutual Funds, F&O & IPO, and a demat partner program.


Ventura Securities Demat Account Partner Program
Ventura Securities - Demat Account Partner Program

Benefits of Demat Account Partner Program - Ventura Securities

  • Participate in Ventura Securities revenue sharing model to earn a portion of the generated revenue.

  • Earn commissions by promoting and selling alternate investment products.

  • Receive incentives for referring new clients to our platform.

  • Monitor and analyze your earnings, leads, and customer data with real-time updates.

  • Gain lifetime access to webinars, seminars, and workshops to enhance your knowledge and skills.


18. Bajaj Broking

Bajaj Broking is a financial services company offering investment opportunities in stocks, IPOs, F&O, bonds, Indices & ETFs. It also provides a program for partnership demat account.


Bajaj Broking Demat Account Partner Program
Bajaj Broking - Demat Account Partner Program

Benefits of Demat Account Partner Program - Bajaj Broking

  • There's no limit; the more customers you bring, the higher your earnings.

  • Continue earning a share of the brokerage whenever your referred clients trade.

  • No initial deposit required to get started.

  • Get real-time updates on the status of referred clients.

  • Receive assistance and support for any queries you may have.


19. Nuvama Wealth

Nuvama Wealth is a financial services platform offering investment opportunities in mutual funds, stocks, and more. It aims to simplify investing for retail investors through its user-friendly interface and demat account affiliate program.


Nuvama Wealth Demat Account Partner Program
Nuvama Wealth - Demat Account Partner Program

Benefits of Demat Account Partner Program - Nuvama Wealth

  • Easily manage multiple clients from a single login, accessible anywhere.

  • View client portfolios conveniently through the mobile app.

  • Initiate online transactions directly for your clients through the Partner App.

  • Receive assistance and ongoing training for new channel partners, including sales, goal planning, and soft skills.

  • Experience timely and accurate brokerage payments and access value-added services for your clients.


20. IIFL Securities

IIFL Securities is a leading online trading platform for stock market investment offering a wide range of investment options, including equities, derivatives, commodities, mutual funds, IPOs, and more. It provides a convenient demat partner program.


IIFL Securities Demat Account Partner Program
IIFL Securities - Demat Account Partner Program

Benefits of Demat Account Partner Program - IIFL Securities

  • Benefit from a generous revenue sharing model.

  • Offer the highest rated app for a superior user experience.

  • Receive comprehensive support across all aspects of your business, products, and customer service.

  • Enjoy timely payouts with flexible options to suit your needs.

  • Access an entirely digital workspace for seamless operations and efficiency.


21. SMC Global

SMC Global is a diversified financial services company offering investment options in Stocks, Foreign Exchange, Commodities, F&O, and more. It has one of the best demat partner program in India.


SMC Global Demat Account Partner Program
SMC Global - Demat Account Partner Program

Benefits of Demat Account Partner Program - SMC Global

  • Business Partners receive ongoing training on various aspects including client acquisition, risk management, back office operations, trading activities, and product knowledge.

  • Algo Solutions: Access advanced algorithmic trading solutions for enhanced trading strategies.

  • Receive assistance in re-engaging dormant clients with personalized queries and filtering, saving time and effort.

  • Build your brand with comprehensive marketing support across various channels including newspapers, websites, brochures, and more.

  • Access top-notch technology support covering trading software, back office operations, and automated systems for client servicing.


22. Dealmoney

Dealmoney is a financial services company offering investment opportunities in equities, derivatives, commodities, currencies, mutual funds, and more. It provides paperless and free partnership demat account.


Dealmoney Demat Account Partner Program
Dealmoney - Demat Account Partner Program

Benefits of Demat Account Partner Program - Dealmoney

  • Access personalized support from dedicated managers to enhance your partnership experience.

  • Empowerment initiatives designed to support and elevate your role as a partner.

  • Receive comprehensive marketing support to boost your visibility and attract clients.

  • Receive training on all tech platforms to ensure smooth operations and maximize efficiency.

  • Access market research reports to make informed decisions and stay ahead of the competition.


23. Fyers

Fyers is a user-friendly online trading and investment platform offering online trading services for stocks, commodities, derivatives, and currencies. It provides competitive brokerage rates and a demat partner program.


Fyers Demat Account Partner Program
Fyers - Demat Account Partner Program

Benefits of Demat Account Partner Program - Fyers

  • Increase the likelihood of spending with access to 7+ in-demand products for traders and investors.

  • Benefit from competitive pricing with a flat ₹20 brokerage fee and 100% transparency.

  • Earn a significant percentage of the brokerage earned from clients mapped under you.

  • Earn brokerage continuously as long as the clients mapped under you remain active traders.

  • Enjoy passive income without offline work or expenses, as client requirements are managed while you retain revenues without overheads.


24. Bigul

Bigul is the best share trading app, algo trading, options, and a comprehensive investment platform demat partner program in India. It provides a seamless user experience through its website and mobile app.


Bigul Demat Account Partner Program
Bigul - Demat Account Partner Program

Benefits of Demat Account Partner Program - Bigul

  • Receive incentives for every account opened.

  • Continuously share in brokerage revenue for the lifetime of referred accounts.

  • Enjoy regular monthly payouts.

  • Experience no overhead costs.

  • Receive comprehensive assistance and support.


25. Fisdom

Fisdom is a digital financial services platform that offers investment opportunities in Online Demat, Trading, and Mutual Fund Investment mutual funds ,stocks & more. It aims to simplify investing for retail investors through its demat account partner program.


Fisdom Demat Account Partner Program
Fisdom - Demat Account Partner Program

Benefits of Demat Account Partner Program - Fisdom

  • Access an innovative brokerage rate and subscription model.

  • Receive upfront fees for every account opened.

  • Monitor your business performance in real-time.

  • Receive dedicated mentoring, support, and lead generation assistance.

  • Trade without any extra cost through our dealer or Call-N-Trade team.


Conclusion

Conclusively, it is a very fruitful pursuit to enter the brokerage field through Demat Account Partner Program. Being a partner means having access to an expanding financial market and being able to gain good brokerage commissions. To be a successful broker one has to identify the right partnership program that suits your goals and offers you support and resources you need for this.


This post also highlighted some of the best demat account partner programs in India that have competitive commission structures, extensive training and focused support. These programs are built for your success whether you are experienced or new in this area.


Through these partner programs’ tools and resources, you can attract customers, create lasting relationships with them, and expand your business. It should be remembered that the financial market is vast with great opportunities; by selecting the best partner program, one can take up a career as a successful broker.


To start on this path, read about different options mentioned in this post and select what fits your profile most. With determination and correct partnership it’s possible to realize your economic objectives while significantly impacting finance worldwide.

 

FAQs on Best Demat Account Partner Program:


Q1. What is a demat account partner program?

Ans: A demat account affiliate program is a collaboration between financial institutions and intermediaries to facilitate the opening and management of dematerialized (demat) accounts for investors.


Q2. How does a demat account partner program work?

Ans: Under a demat partner program, intermediaries assist investors in opening and managing demat accounts, earning commissions or fees for their services. They act as facilitators between investors and financial institutions, providing guidance and support throughout the process.


Q3. What are the benefits of joining a demat account partner program?

Ans: Joining a demat partner program in India offers various benefits, including earning commissions, accessing expert guidance, and expanding one's network within the financial sector. Partners also contribute to making demat account services more accessible and user-friendly for investors.


Q4. Who can participate in a demat account partner program?

Ans: Individuals or entities with knowledge of financial markets and a desire to assist investors can participate in demat account partner program India. This includes financial advisors, consultants, brokers, and other professionals in the finance industry.


Q5. How can I find and join a demat account partner program?

Ans: You can find partnership demat account by researching financial institutions and brokerage firms that offer such programs. Many firms have dedicated sections on their websites outlining their partner programs and eligibility criteria. Reach out to the institution directly to inquire about joining their program and the steps involved.


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