How much rupees is to be spend for broking license for personal use only

When i asked can i participate in auction market i got a reply that only brokers can participate in auction market. How much i want to spend for broking license for personal use only ?

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NSE has something called alpha membership, especially for people looking to be members on their own, depost of around Rs 50lks. Check this link. What you need to factor in though is that it is just not the initial cost, but the continous compliance and technology costs which can add up. If you are doing all of this just for participating in the auction market, let me tell you that the working of auction market and the opportnity is not as easy as it looks. 

Like I have written before, if something seems too good to be true, then there must be something you are not factoring in. 


love that last line of yours nithin… :slight_smile: