Important update on brokerage sharing
NSE has made it compulsory for all brokers to discontinue sharing brokerage commissions with individuals who aren’t registered as Authorised Persons (AP).
What does this mean for you
- - Referral rewards: You can still earn rewards for referring friends to Upstox
- - Brokerage commissions: You won't be eligible to receive brokerage commissions for referred friends from 23 August 2024
What about past commissions?
Any brokerage commissions earned from 17 July to 23 August will be credited to your account, and you can withdraw them anytime.
Interested in earning commissions
- - To continue earning brokerage commissions, you’ll need to sign up as an Authorised Person (AP) here: Upstox AP Registration. To learn more about an AP, click here NSE's AP Information.
- - For further information on NSE’s latest mandate, click here. Thank you for your understanding and continued support.