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How to become a Zerodha Partner?

According to the exchange circular (PDF), beginning August 15, 2024, brokers are prohibited from paying referral commissions to individuals not registered as an Authorised Person (AP). As a result, Zerodha will not be permitted to pay the 10% brokerage generated by referrals through the referral programme from August 25, 2024, until the exchange provides further clarification. However, 300 reward points will still be given for each successful referral.

Clients who have successfully referred at least 100 accounts through online or offline sources without publishing misinformation or offering cashbacks or vouchers can become partners at Zerodha’s discretion. Zerodha will contact prospective clients to ensure the referrals are genuine and valid. The prospective client cannot use any search engine optimisation or sponsored ads on any platform. The leads must be organically generated through valid sources.

To learn the terms and conditions of the referral programme, visit zerodha.com/tos/referrals.