Are you looking for a Demat account by referring which you can earn lifetime commission? Here I am going to tell about 5 such brokers.
In my previous post, I have told about Best Zero brokerage F&O Trading Account in India and 5 Best Demat & Trading Account for Beginners, so you can read that post also.
Table of Contents
Best Lifetime Commission Refer and Earn Demat Account
All the brokers mentioned here are top brokers, so you do not need to worry about anything.
| Demant Account | Per Refer | Account Opening | Link |
| Angel One | Rs.200 + 20% Commission | Zero Charges | Open Account |
| Dhan | 20% Commission | Zero Charges | Open Account |
| Zerodha | 300 Coin + 10% Commission | Rs.200 | Open Account |
| Kotak Securities | Rs.300 + 10% Commission | Zero Charges | Open Account |
| 5Paisa | Rs.300 + 12.5% Commission | Zero Charges | Open Account |
1. Angel One
Angel One gives gift vouchers of Rs 300 to Rs 500 on every referral, but when you join the DRA program, you get Rs 200 and 20% brokerage commission on every referral, that too lifetime.
Joining the Angel One DRA program is very easy. You can join DRA program by clicking on the link given below. You can read this post for complete information about DRA Program.
2. Dhan
Dhan is a very good broker for trading. This broker gives 20% brokerage commission on every referral. In this way you can earn good money by referring others. There is no charge to pay for opening an account. There is zero AMC charge in this.
3. Zerodha
You all must be knowing about Zerodha. Zerodha is considered to be the best platform for trading, although for some time people are leaving it and trading in Dhan due to technical problems.
Zerodha gives 10% brokerage commission on every referral, that is, if the person you refer trades, you will get 10% of the brokerage charged for his lifetime.
In this, Rs 200 have to be paid for opening an account and annual AMC charge of Rs 300 has to be paid. After this your account is opened.
4. Kotak Securities
Kotak Securities is also a very good broker. Its rating on Google Play Store is 4.1 which is quite good. Apart from this, it has launched its new app, Kotak Neo. Kotak Neo’s rating on Play Store is 4.2, so this is also a very good rating.
Kotak Securities gives Rs 300 and 10% brokerage commission on every referral. You can refer only 4 people in a month. 10% brokerage commission is available only for 2 years.
5. 5Paisa
5Paisa is also included in the list of top brokers. This referral program keeps changing. At present it is giving Rs 300 on every referral. If you become its partner then you get 60% brokerage share.
To become a partner in 5Paisa, one has to join its Pro Partner program. After this you can take 60% brokerage commission.
Opening an account in 5Paisa is absolutely free, however its annual AMC charge is Rs 300. Click on the link to join 5Paisa Pro Partner prograam – 5Paisa Pro Partner program