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.
Mumbai is India's financial capital - home to the Bombay Stock Exchange on Dalal Street, the National Stock Exchange, the Reserve Bank of India, and the headquarters of most large banks, mutual funds and listed companies. Nowhere else in the country are the equity markets woven so deeply into everyday working life, from Fort's old broking lanes to the towers of Bandra Kurla Complex. Opening a demat and trading account here is less a question of if and more a question of which broker.
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 Mumbai. Our registered office is in Nagpur, Maharashtra.
The entire process is online and takes about 15 minutes: sign up at signup.sapphirebroking.com, verify your PAN and Aadhaar, link your bank account, upload documents and eSign with an Aadhaar OTP. Your trading account is opened with Sapphire Broking (SEBI Reg. INZ000329823) and your demat account is opened and maintained by our DP partner SMC Global Securities Limited (NSDL). Most accounts are activated within 24 hours.
No - Sapphire Broking does not have a physical branch in Mumbai. We are an online-first broker: account opening, trading and support all happen digitally, backed by phone and email support from our registered office in Nagpur, Maharashtra.
For an individual account: your PAN card, Aadhaar linked to your mobile number (for OTP-based eSign), a cancelled cheque or bank statement, and a recent photograph. NRI, HUF and corporate accounts need additional documents such as attested address proof, deeds or board resolutions.
Account opening is free. Brokerage on every segment - equity delivery, intraday, F&O, commodities and currency - is a flat ₹20 per executed order or 0.05%, whichever is lower, with a minimum of ₹2.5 per order. Direct mutual funds carry zero commission. Statutory charges such as STT, GST, exchange transaction charges, SEBI turnover fee and stamp duty apply separately - see sapphirebroking.com/pricing for the full schedule.
Yes. Sapphire Broking is a trading member of both exchanges headquartered in Mumbai - NSE (member code 90481) and BSE (member code 6957) - as well as MCX (57565) for commodities. You can trade equities, F&O and commodities from one account.
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