"Big Change in Referral Programs: NSE Bans Brokerage Sharing | Impact on Zerodha & Brokers"

"Big Change in Referral Programs: NSE Bans Brokerage Sharing | Impact on Zerodha & Brokers"

---

**YouTube Description:**

The National Stock Exchange (NSE) issued a significant circular on August 14, 2024, disallowing the sharing of brokerage income for client referrals. This move is aimed at preventing trade inducement and protecting investors. As a result, major brokerages, including Zerodha, have stopped sharing brokerage revenue for referrals. Zerodha has also updated its referral program to offer 300 reward points for every successful referral, which can be redeemed for AMC and partner products.

In this video, we’ll dive deep into:
- The new NSE circular and its implications
- How brokerages like Zerodha are adapting to this change
- Potential impacts on client growth and business models
- Opinions from industry experts on whether this change will hurt or benefit brokers

Stay tuned to learn more about how this new regulation could affect traders, brokers, and the future of client referral programs in India.

---

**Keywords:**
NSE referral program change, Zerodha referral update 2024, brokerage sharing banned, NSE circular August 2024, brokerage income sharing disallowed, impact on brokers, Zerodha 300 reward points, NSE client referral regulation, trade inducement prevention, brokerage revenue sharing
_____________________________________________________
$ Dhan App मैं अपना डिमैट अकाउंट ओपन करें ( Free account opening & No Amc)
👉 https://invite.dhan.co/?join=SUAT17

$ Experience the power of Exness. Trade indices, commodities, stocks, and cryptocurrencies. Refer a friend and start earning." 👉https://one.exnesstrack.org/a/c_24mnuzzluz?platform=mobile
=======================================
_______________________________________________

Note : This channel is for educational purpose only and Please do your own research or consult your financial advisor before investing in any stock or financial instrument . We are not Sebi Registered
_______________________________________________
Topic Covered 👇🤑

Видео "Big Change in Referral Programs: NSE Bans Brokerage Sharing | Impact on Zerodha & Brokers" канала Subhash Jat Trader