When we discuss about stock market then in our mind generally thinks comes about investing and trading. Stock market is really meant for them. When we talk about Angel One and Zerodha you say they are brokers they charge some commission of brokerages yes it is right.
In stock market we always think people only invest, trade and earn money but that’s not only options to earn money from stock market there are many options but we never know about them and people who know about it and earn they never share with any one because they want to earn only for them.
In this blog i will share with you this option and that’s is sub broker. But what is sub broker ? how to become sub broker ? who pay to sub brokers ? i know many questions arises i will explain one by one.
What Is Sub Broker ?
For understanding this we need to learn first about brokers. How broker works ? broker is a middle man between stock exchanges and people who want to buy shares. They try to meet people with stock exchanges means try to execute person’s buying and selling other with nse and bse.
When order completed broker charge from people who buy or sell shares that charge is very little and that’s is the main business of brokers but for this broker need clients and acquiring clients is time consuming, hard and lenthy process because if client open demat account with broker but they don’t know how to trade then for brokers he or she become inactive clients and broker can’t generate money from them.
For this broker need some one who can help them to acquire clients and broker focus on making their platform better for people. Then sub broker comes into picture sub broker help to convience people to open demat account with broker if they open then broker give 40 percent, 50 percent commission to sub brokers because they help them.That’s it now you understand how they works.
How to Register for Angel Broking DRA Partner ?
Why we choose angel one only ? because other broker not give huge commissions like angel one.
First go to angel one DRA registration page then fill your full name, mobile number and city after that enter your Introducer code this is optional after that click on open demat account.
Second they will forward to new page then they ask PAN number, Bank account details then after 30 minutes your account become ready. Once wait till account become ready.
How to Use Angel One DRA Partner Dashboard ?
- Go to https://dradashboard.angelone.in/
- Click on login
- Enter your credentials like User Id and Password
- Then click on submit and enter opt send to your mobile number
- After that you go into home tab in home tab they show monthly wise lead referred and converted.
- Report section show details about your clients
- Earning tab show how much money you earn in last 30 days from brokerage commission and through referred.
- Leader board and content library provide by Angel One to learn about platform.