Before starting stock market franchisee check following point in Broking Company you are associating :-
- Wide Branch network for support
- Good brokerage sharing in the market
- Exclusive Training support by Company
- Accurate research calls for trading
- Dedicated support at every steps
- Renowned Name in the market for better Trust
- Advanced Trading app
- Offline Support for Clients
- Multiple Products for Cross Selling
- Experience in Market
- Registration Checks in Exchanges
In this article, you will learn about the Best franchise of share market in low cost or Sub Broker Security Deposit in India.
Have you ever wondered how you can boost your return on investment as a Sub Broker or owner of a Best Sub Brokerage when the income split is the same as two stockbrokers? If you’re not aware, continue on.
List of best Stock Broking Company for franchisee of share market :-
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Swastika Investmart:-
Swastika leads our list of the Best Sub Brokers in India. Swastika Investmart, one of India’s largest full-service stock brokerage firms, was launched in 1998. Swastika Investmart is a respected brand known for the quality of its advice, personalized service, and use of cutting-edge technology. Swastika Investmart Subbroker Commission is 70% Fixed or More. Depend on your business. To start a Swastika franchise, you would require at least INR 25000 in initial investment. Swastika Investment Mart also provides In addition to excellent revenues, sub-brokers have access to premium offers and support facilities, such as training and webinars, marketing, and back-office support.
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Tradebulls Securities:-
The firm was founded in 2009 with its headquarters in Mumbai and is a public corporation. It divides revenue in the minimum ratio of 55:45, but can go up to 70:30 if the sub-broker holds the maximum deposit of Rs.150,000.
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Angel one:-
Angel broking’s sub-broker franchise can be formed with merely Rs.50,000. The highest investment a sub-broker can make is Rs.150,000, which is at his discretion. Simultaneously, advancements in technology and trade have been embraced, and the corporation splits revenue in a 70:30 ratio.
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Sharekhan:-
The Mumbai-based firm is a prominent share broker in the country, and you can buy a sub-broker franchise for about Rs.70,000.Sharekhan, a well-known stock market brand, charges very low deposits, ranking sixth on our list. The firm has set a maximum deposit of Rs.100,000 against which it will split up to 75% of revenue, which is fantastic. the firm generates the sub-brokers’ codes in just 15 days, which is another advantage for sub-broker franchisees.
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Kotak securities:–
- It offers sub-brokership rights for a minimum security deposit of Rs.100,000, which can be extended to Rs.300,000.This firm comes eighth on our list because it asks a higher security deposit from sub-brokers than other major firms. To satisfy the sub-brokers, the firm offers a variety of options, including flexible revenue sharing and zero revenue sharing pre-payment. Their security deposit is a touch pricey, but they also provide amenities like as product training, back-office help, marketing support, and more.
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Motilal Oswal :-
Motilal Oswal’s sub-broker franchise requires a deposit of Rs.300,000. It ranks bottom on our list due to the high security deposit demand. As a firm with over 30 years of experience, it understands its worth and justifies the high security deposit amount with ongoing support, an extensive network, and profitable offers and amenities.
Conclusion:-
Finally, before deciding on the Best Sub Brokerage with Low Security Deposit, we recommend that you review the list above and compare each of the 10 sub-brokerage franchises’ benefits and downsides.
Sub broker costs are unavoidable, but with careful research, you can lower them and boost your ROI by putting in the effort.
To get best deal in Broking Franchise –
