Frequently Asked Questions
SMC facilitates trading activities in all the major market segments including; equity, derivatives, commodities, interest derivatives and currency futures & Options. It’s robust and user-friendly trading platform enables to execute trades simultaneously across all Segments. We also have whole bucket of other services like online trading, depository, IPO, mutual funds, insurance broking, Corporate FD, institution broking, margin funding, NRI services, clearing services, investment banking- life insurance, mediclaim , Vehicle insurance and others, PMS, wealth advisory and research to provide you extra edge over others by updated software ( Autotrender).
Our association in the business venture earning is dynamic, and there is no limit, starting from Rs. 50 k per month.
Yes, to become an authorized Authorized Person it is necessary to get registered with the respective stock exchanges and regulators.
- Any entity (Individual, Company or Partnership firm) with good track record & reputation in financial services/other business/social circle with good client base
- Minimum 1-2 years of experience in selling financial products as a Main broker/ Authorized Person/Remisier/Mutual fund distributor/Insurance Advisor/Financial planner or an employee of existing Broker/Sub-broker
- Strength to invest minimum Rs 3-5 lac initially and ability to invest continuously in Infrastructure & people as per their business requirements
The infrastructure and financial requirements are:
- Min. 250 sq. feet of office space preferably in a prime location of your city/town
- Workstation with VSAT / Lease Line/ Broad Band (Internet) minimum 1 mbps speed connectivity required to set up a trading terminal and back office systems.
- Telephone lines with voice logger
- Separate broadband connection for back office reports