# Starting a brokerage firm in 2024

**URL:** https://tradingqna.com/t/starting-a-brokerage-firm-in-2024/166517
**Category:** General
**Created:** [June 3, 2024, 6:51am UTC](https://tradingqna.com/t/starting-a-brokerage-firm-in-2024/166517 "2024-06-03T06:51:19Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![saikiran\_koya](https://tradingqna.com/user_avatar/tradingqna.com/saikiran_koya/32/76581_2.png) [@saikiran\_koya](https://tradingqna.com/u/saikiran_koya)
#### Post date: [June 3, 2024, 6:51am UTC](https://tradingqna.com/t/starting-a-brokerage-firm-in-2024/166517/1 "2024-06-03T06:51:19Z")

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@nithin Hey nithin i’m 21 years old have an capital of 3 crores planning to get into brokerage business have some good genz ideas with new age technology you and nikhil have been my inspiration since so long can you please guide me that how to get into this business and how much cost will it take and how many regulations are there to be followed also idk to take this risk or not because 3 crores is the only amount me and my mom have should i start this brokerage business with the idea i have or maybe should i explore a job in equity market if yes then which role would fit for a stock market enthusiast and let the 3 crores be invested and get compounded

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### Author: ![Meher\_Smaran](https://tradingqna.com/user_avatar/tradingqna.com/meher_smaran/32/45882_2.png) [@Meher\_Smaran](https://tradingqna.com/u/Meher_Smaran)
#### Post date: [June 3, 2024, 6:54am UTC](https://tradingqna.com/t/starting-a-brokerage-firm-in-2024/166517/2 "2024-06-03T06:54:12Z")

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Hi @saikiran_koya

Would request you to check this link once where Nithin and others have discussed about this topic in multiple threads. Please feel free to reply below in case you have any queries 🙂

> [@What are the legal requirements to set up a proprietory trading firm in India?](https://tradingqna.com/t/what-are-the-legal-requirements-to-set-up-a-proprietory-trading-firm-in-india/147067/2):
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> Hi @Thomas_Stanly Here are some of the links where @nithin and other members from team Zerodha participated in tradingQ&A discussions around the topic of getting a license and also related to prop trading. NSE Alpha membership [NSE Alpha Membership - #2 by nithin](https://tradingqna.com/t/nse-alpha-membership/17780/2)[If I want to take NSE Alpha membership, what are the day to day compliance to be followed](https://tradingqna.com/t/if-i-want-to-take-nse-alpha-membership-what-are-the-day-to-day-compliance-to-be-followed/91534)[NSE & BSE Membership](https://tradingqna.com/t/nse-bse-membership/7941)[How much money required to start a new brokerage company? How one can start a brokerage company?](https://tradingqna.com/t/how-much-money-required-to-start-a-new-brokerage-company-how-one-can-start-a-brokerage-company/1017) Prop trading…

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### Author: ![saikiran\_koya](https://tradingqna.com/user_avatar/tradingqna.com/saikiran_koya/32/76581_2.png) [@saikiran\_koya](https://tradingqna.com/u/saikiran_koya)
#### Post date: [June 3, 2024, 7:08am UTC](https://tradingqna.com/t/starting-a-brokerage-firm-in-2024/166517/3 "2024-06-03T07:08:44Z")

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Thanks meher for your valuable time and solving my question on regulations on a trading firm hoping for a response from @nithin for the remaining questions
