How To become A Stock Broker
If you are interested in becoming a stock broker in Indi then you can go through the following guidelines that will tell you how to become a stock broker in the country and what are the minimum requirements required for the same. The minimum age of twenty one is required to be a stock broker or a partner or a director of a stock broking company. The stock brokers or directors must be graduates at least.
They should also possess work experience of minimum two years in a work environment dealing with securities either as a consultant, advisor or a portfolio manager or should have worked as a treasurer, broker or a sub broker or a broking agent at a brokerage which is authorised as a brokerage in the country. If you want to get registered with the National stock exchange then a minimum equity capital of at least Rs. 30 lakhs or 0.3 million to get registers.
Also if you want to be registered as a broker then you should not have been involved in dishonesty or any fraud of any kind and should not have defaulted at any stock exchange as well as not have become bankrupt. If you are interested in taking up any course related to stock broking or the capital markets then you can take courses with the following institutes.
• Institute of Chartered Financial Analysts of India, Mumbai
• National Stock Exchange of India, Mumbai
• Institute of Financial and Investment Planning, Mumbai
•
Institute of Chartered Financial Analysts of India, Hyderabad
• Institute of Company Secretaries of India, New Delhi
• Bombay Stock Exchange Training Institute, Mumbai
• All India Centre for Capital Market Studies, Nasik
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