Connecting to Sapphire
Aligning the stars
Open your account in minutes and start trading with the tools, insights, and support you need to make informed decisions.
Indore is the commercial capital of Madhya Pradesh, a wholesale-trade powerhouse for grain, textiles and consumer goods that has repeatedly topped India's Swachh Survekshan cleanliness rankings. Its energetic trading community - from the Siyaganj wholesale market to a fast-growing IT and education sector - has long made Indore central India's most market-savvy city.
Sapphire Broking opens your trading account. Your demat account is opened and maintained by our DP partner, SMC Global Securities Limited (NSDL).
1. Sign up online
Start at signup.sapphirebroking.com with your mobile number and email. No paperwork, no branch visit.
2. Verify PAN + Aadhaar
KYC runs digitally against your PAN and Aadhaar. Keep your Aadhaar-linked mobile handy for the OTP.
3. Link your bank
Add the bank account you will trade from - a cancelled cheque or statement is enough.
4. eSign and go live
eSign the application with an Aadhaar OTP. Your trading account opens with Sapphire and your demat account is opened by our DP partner SMC Global Securities Limited (NSDL) - most accounts are activated within 24 hours.
Sapphire is an online-first broker - account opening, trading and support all happen digitally, so there is no branch queue anywhere in Indore. Our registered office is in Nagpur, Maharashtra.
Everything is online: sign up at signup.sapphirebroking.com, verify PAN and Aadhaar, link your bank, upload documents and eSign with Aadhaar OTP - about 15 minutes. The trading account is opened with Sapphire Broking (SEBI Reg. INZ000329823); the demat account is opened and maintained by our DP partner SMC Global Securities Limited (NSDL). Most accounts activate within 24 hours.
No - Sapphire has no branch in Indore. We serve the city entirely online, with phone and email support from our registered office in Nagpur, Maharashtra. Every step, from KYC to trading, works without an office visit.
PAN card, Aadhaar linked to your mobile number (for the OTP eSign), a cancelled cheque or bank statement, and a recent photograph. Traders operating as firms or companies need entity documents such as partnership deeds or board resolutions for a corporate account.
Account opening is free. Brokerage is capped at ₹20 per executed order across all segments, equity delivery included - you pay the lower of ₹20 or 0.05%, with a minimum of ₹2.5 per order. Direct mutual funds carry zero commission. Statutory levies (STT, GST, exchange charges, SEBI fee, stamp duty) apply separately - the full schedule is at sapphirebroking.com/pricing.
Yes. Sapphire is a trading member of MCX (member code 57565), so commodity futures - including the agri contracts that matter to the Malwa region's soybean and grain trade - are available from the same account as your equities. Commodity derivatives are leveraged and carry market risk.
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