• Unlimited
  • Unbelievable
Brokerage
Sharing!
Also, get sharing across 8 more revenue streams including Interest charges, DP charges, Account opening fee and more.

Pricing and payout structure

Revenue source Payout to Partner Note
Account opening fee 100% above ₹500 Mirae Asset will debit a flat fee of ₹500 for every new client onboarded, regardless of the account opening fee chosen
Brokerage 100% across all segments Select from our standard plans or create a customised plan for your clients
MTF (eMargin) interest 80% interest sharing beyond 9.99% Customise MTF interest up to 24%
Margin Pledge interest 80% interest sharing beyond 11.99% Customise Margin Pledge interest up to 24%
Account Maintenance Charges (DP AMC) 100% revenue beyond ₹480 Select from our standard DP plans or create a customised DP plan for your clients
Pledge/Unpledge charges Customise and earn 100%
DP sell transaction charges Customise and earn 100%
Delayed Payment Charges (DPC) Flat 20% sharing No customisation possible
Operating charges Flat 20% sharing No customisation possible

Income from Account Opening Fee

Select from a range of account opening fee for your client and get 100% payout on anything beyond ₹500.

Type of Account What Partner can charge clients? Payout to Partner Additional Income
Partner service fee* (annual recurring)
Standard Plan 1:
Zero Brokerage account
₹999 to ₹9,999 100% above ₹500 100% payout
(₹999 to ₹9,999)
Standard Plan 2:
Free Delivery Account
₹0 to ₹9,999 100% above ₹500 NA
Customised
Brokerage Plan
₹0 to ₹9,999 100% above ₹500 NA

*It’s an annual recurring fee (applicable from second year onwards), which you can charge to those clients whom you are offering the ‘Zero brokerage account’, since you won’t earn any brokerage income from them. The partner service fee will be equal to the account opening fee that you charge your client and 100% of that will be yours.

Note: Mirae Asset will debit a flat fee of ₹500 for every new client onboarded, regardless of the account opening fee chosen

Income from Brokerage

You can either select from our standard plans or create a customised plan for your clients based on their differentiated needs and trading behaviour.

Type of Account Applicable Brokerage Payout to Partner
Standard Plan 1:
Zero Brokerage Account
₹0 brokerage for life across all segments NA
Standard Plan 2:
Free Delivery Account
₹0 brokerage only on delivery
₹20 brokerage per order on all other segments
100%
Customised Plan Choose from the below models
  • Discount (fixed-per-order)
  • Traditional (variable)
  • Hybrid
100%

Income from MTF (eMargin) Interests

You can either select our standard interest rates, i.e. base interest rates or choose to customise the interest rates applicable to the client.

Base Interest Rate Payout to Partner
(up to base rate)
Customised interest rate
(maximum limit)
Payout to Partner
(above base rate)
9.99% 5% 24% 80%

Note: You can earn 5% in interest revenue by charging our standard MTF interest rates to your clients. If you wish, you will be able to reduce the interest rate to 6.99% for clients using funding above Rs 5 cr, however your sharing will not be possible below 9.99% interest rate.

Income from Margin Pledge Interests

You can either select our standard interest rates, i.e. base interest rates or choose to customise the interest rates applicable to the client.

Margin Pledge Funding Value Base Interest Rate Payout to Partner
(up to base rate)
Customised interest rate
(maximum limit)
Payout to Partner
(above base rate)
Up to 80% of pledged stocks value 11.99% 5% 24% 80%

Income from Account Maintenance Charges (DP AMC)

You can either select from our standard DP AMC plans or customise client’s DP AMC charges.

Standard AMC Plans Customised AMC Plans
Standard Plan 1
(one-time AMC)
Standard Plan 2
(Quarterly AMC)
Payout to Partner One-time AMC Quarterly AMC Payout to Partner
₹999 (Lifetime free AMC with a one-time fee) ₹480 (Annual fee, charged every quarter @₹120) 20% ₹1,299 to ₹4,999 ₹600 to ₹1,000 100% payout above
  • ₹999
    (one-time AMC)
  • ₹480
    (quarterly AMC)

Income from Pledge and Unpledge charges

You can either select from our standard pledge/unpledge rates of ₹25 or ₹32 or customise client’s pledge/unpledge charges from a range of rates, i.e., ₹25 to ₹35

Standard AMC Plan Customised AMC Plan
Pledge / Unpledge Charges Payout to Partner Pledge / Unpledge Charges Payout to Partner
₹25 / ₹32 20% ₹25 to ₹35 100% payout above
  • ₹25
    (one-time AMC)
  • ₹32
    (quarterly AMC)

Income from DP Sell transaction charges

You can either select from our standard DP sell transaction charge of ₹12 per ISIN or customise client’s DP Sell transaction charges from ₹12 to ₹25 and earn 100% payout.

Standard DP Plan Customised DP Plan
DP Sell Transaction Charges Payout to Partner DP Sell Transaction Charges Payout to Partner
₹12 5% ₹12 to ₹25 100% payout above ₹12

Income from Delayed Payment Charges & Operating Charges

Earn flat 20% income sharing from DPC interest earned on client’s negative ledger balance and on Operating Charges.

DPC On Interest Rate Payout to Partner
Any negative ledger balance in client’s account 18% Flat 20%
View detailed pricing and payout details
Other charges applicable to your client
These are standard charges and can’t be modified.
View More
  • Quarterly operating charges:

    ₹99 + 18% GST per quarter to be charged to clients who have been onboarded under the standard and customised quarterly AMC plan.

    No operating charge will be applicable for clients under the standard lifetime free AMC plan and the customised one-time AMC plans.

  • Off-market transfer charges

    Transfer in: FREE

    Transfer out: ₹20 per transaction or 0.50% whichever is lower

  • Corporate action order charges

    Corporate action order charges will be same as the client’s applicable brokerage for delivery trades.

  • Physical CMR request

    First CMR request is free. ₹20 + ₹100 (courier charge) + 18% GST for subsequent requests

  • Payment gateway charges - Margin Fund Transfer

    UPI Transactions are Free and in case of Net banking, charges will vary between ₹7 to ₹11 + GST depending on the bank selected

  • Physical statement courier charges

    ₹100 per request + ₹100 per courier

  • Demat per certificate

    A charge of ₹150 per certificate + ₹100 courier charges will be levied

  • Remat charges

    A charge of ₹150 per certificate + ₹100 courier charges + CDSL Charges will be levied

  • Failed instruction charges

    A charge of ₹50 per instruction will be applied

  • Reactivation Charges

    No charge will be applicable for account reactivation

  • Modification charges

    A charge of ₹20 will be applicable per request

  • Account closure charges

    No charge will be applicable for account closure

  • 18% GST

    On Brokerage, DP charges, Exchange Transaction charges, SEBI charges and Auto Square-Off charges

  • Physical delivery of derivatives

    Nominal brokerage 0.05% of the contract value will be charged when physical delivery happens.

  • Transaction/turnover charges

    BSE transaction charges on securities traded in X, XT and Z group is 0.10% per crore & for 'P', 'ZP', 'SS' and 'ST' group, it is 1% per crore on the gross turnover value

  • Other Charges

    RMS square-off charges for open intraday positions by system: ₹60 per position

    Auction if unable to deliver a stock (not in demat): As per actual penalty by exchange

Authorised Partner registration and onboarding charges 

There are certain charges applicable to get registered as an Authorised Partner.
You can refer the following table for these charges. 

Total onboarding cost
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Partner Onboarding Cost Amount Cost type
Exchange Registration Charges ₹16,520 NSE AND BSE registration
Documentation Charges (Including GST) ₹1,500 Including stamp paper cost
Refundable Interest Free Security Deposit (Cash Form) ₹50,000 AP Security Deposit
Total Onboarding Cost ₹68,020 Payable upfront at the time of registration


AP registration charges
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Exchange Segment Fee (₹) GST Rate GST Amount Total Charges (₹)
NSE Capital Market ₹5,000  18% ₹900 ₹5,900
NSE F&O ₹5,000  18% ₹900 ₹5,900
BSE Capital Market ₹4,000  18% ₹720 ₹4,720
Total Registration charges All Segments ₹14,000 18% ₹2,520 ₹16,520
  • AP Annual Maintenance Charges effective from April 2024: ₹10,620
AP Annual Maintenance Charges effective from April 2024
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Exchange Segment Fee (₹) GST Rate GST Amount Total Charges (₹)
NSE-AMC All Segments ₹5,000  18% ₹900 ₹5,900
BSE-AMC All Segments ₹4,000  18% ₹720 ₹4,720
Total-AMC NSE & BSE ₹9,000  18% ₹1,620 ₹10,620
Note: With regards to the security deposit
  • No stocks or collateral will be accepted
  • It is refundable and interest-free