Our membership structure is designed to support a wide range of participants in the trading ecosystem, including traders, brokers, and clearing entities. Each category has been carefully defined to match specific operational roles, trading rights, and settlement responsibilities. Review the membership options below to understand their eligibility criteria and select the most suitable category for your business requirements.
TM will have the rights to trade on the platform on their own account as well as on account of clients registered with them but shall have no right to clear and settle such trades themselves. TMs will have to get affiliated with any one of PCM/STCM for clearing their trades/transactions. These are often called Broker also.
| Criteria | Particulars |
|---|---|
| Admission Fee | ₹ 10,000 |
| Security Deposit(Based on turnover 2%) | NIL |
| Minimum Net-worth | Positive |
| Area | Not defined |
TCMs shall be the Members admitted as such by the Platform who shall be entitled to trade on Platform on behalf of their constituents/clients and/or on their own account and shall also be entitled to clear and settle all such trade done by them.
| Criteria | Particulars |
|---|---|
| Admission Fee | ₹ 1,00,000 |
| Security Deposit(Based on turnover 2%) | ₹ 10.00 Lakh |
| Minimum Net-worth | Rs. 1 Crore |
| Area | Not defined |
PCMs shall be the Members admitted as such by the Platform who shall be entitled to clear and settle trades/transactions done by the other members of the Platform viz. TCMs or TMs affiliated with them. PCMs are not allowed to trade on the platform.
| Criteria | Particulars |
|---|---|
| Admission Fee | ₹ 1,00,000 |
| Security Deposit(Based on turnover 2%) | ₹ 10.00 Lakh |
| Minimum Net-worth | Rs. 10 Crore |
| Area | Not defined |
STCM registered with the Platform may, in addition to existing rights and responsibilities as TCM, shall be entitled to and liable to settle and clear the trades/transactions done by the Members affiliated with it viz. TCMs or TMs.
| Criteria | Particulars |
|---|---|
| Admission Fee | ₹ 1,00,000 |
| Security Deposit(Based on turnover 2%) | ₹ 10.00 Lakh |
| Minimum Net-worth | Rs. 2 Crore |
| Area | One in a district |
Becoming a member is quick and straightforward. Simply select the appropriate membership category, complete the application form with your firm and partner details, and upload the required KYC documents. Once your application is verified and approved, you will be onboarded and granted access to start using the platform.
Choose the right membership category
Provide firm and partner details
Submit KYC and required documents
Verification and platform access