Broking
Wealthy Broking — stocks, IPO, ETFs, F&O, Wealthcase Baskets, pricing plans, and account opening incentives.
Overview
Wealthy offers a full broking platform allowing partners to open client Demat accounts and earn from stock trading activity. This helps partners defend clients from migrating to Zerodha/Groww by offering stocks and broking alongside MFs.
Products Available
- Stocks — Equity delivery and intraday
- IPO — Apply for IPOs through the platform
- ETFs — Exchange Traded Funds
- Futures & Options — Derivatives trading
- Wealthcase Baskets — Curated portfolios by SEBI-registered RIAs
- Wealth Signals — Research-backed trading calls
Pricing Plans
Partners can open client Demat accounts for free. Two pricing plans are available:
Plan 3/30 (Default)
| Segment | Rate |
|---|---|
| Equity Delivery | 0.30% |
| Equity Intraday | 0.03% |
| Equity Futures | ₹25/order |
| Equity Options | ₹25/order |
Plan 2/20
| Segment | Rate |
|---|---|
| Equity Delivery | 0.20% |
| Equity Intraday | 0.02% |
| Equity Futures | ₹25/order |
| Equity Options | ₹25/order |
Partner Earnings
Authorised Person (AP)
- Higher payouts and better incentives
- ₹200 per account activation + ₹400 for ₹5K margin target
Non-Authorised Person (no ARN linkage for broking)
- 35% revenue sharing of brokerage
- Up to ₹200 account activation incentive
- Can boost earnings by becoming an Authorised Partner
Account Opening Incentives (Feb 2026)
| Target | Authorised Person | Non-Authorised Person |
|---|---|---|
| Broking Account Activation | ₹200 | ₹200 |
| ₹5K Margin | ₹400 | ₹0 |
- All incentives are independent (KYC + ₹5K margin = ₹600 total for AP)
- Calculated monthly, released monthly
- KYC incentive paid by 15th of next month
- Margin incentive paid after 15th of the following month
Incentive Terms
- New account openings only — existing accounts not considered
- Minimum qualification: 10 accounts opened + 4 activated (₹5K margin + 1 trade) in total
- Margin must be maintained for at least 1 month post cutoff date
- Revenue sharing: monthly basis, brokerage payout on 15th of month for preceding month
Becoming an Authorised Person (AP)
An Authorized Person (AP) is appointed by a stockbroker to connect with clients, assist in onboarding, and provide trade-related support.
How to Become an AP
- Submit Documents — PAN, Aadhaar, qualification proof, address details
- Sign the Agreement — Review and sign the agreement provided by Wealthy
- Registration Assistance — Wealthy assists with getting registration done from NSE
AP status unlocks higher payouts and better incentives compared to Non-Authorised Person.
Key Selling Points
- Defend your clients — If you don’t offer stocks, clients go to Zerodha/Groww and eventually move MFs there too
- Free Demat account opening — No cost barrier for clients
- Competitive pricing — Two flexible plans
- One platform — Clients manage MFs, insurance, AND stocks in one place