Stock Broking Franchise – Earn Over ₹ 2 Lakh/ Month Above

Stock Broking Franchise is a very successful business opportunity. The Stock broking franchise business has expanded three times more in the last two years and is projected to rise by 30% YOY (year over year). A Sub Broker Franchise with a reputable stock broker is a profitable option. However, with over 300 stock brokers registered with SEBI and various business strategies. If you want to start a sub broker business and make good revenue with a small investment, it is a wonderful choice to get a large income.

How much do you need to invest in becoming a Stock Broking Franchise :-

So, as with every business, you must invest some funds to get started, and sub brokers are no exception.

However, the cash required to establish the firm is typically much lower than for other types of businesses.

Initially, you can start a sub brokers business with roughly Rs. 1 lakh. The costs can be broadly classified into three categories:-

Security Deposit :-

This is the sum you must pay to the stock broker you are joining as a subbroker or with whom you will work as an Authorised Person.

You must pay a deposit, which will be reimbursed if you terminate your arrangement with them.

Now, the security deposit differs by stock broker. However, the average security deposit in India for sub-brokers’ business is around Rs.20,000 to Rs.1 lakh.

Registration Charges :-

The second cost you must face is the registration fee with SEBI and the stock exchange. It currently costs roughly Rs.11000.

Infrastructure Cost :-

As a result, in addition to the registration fees and security deposit, you must also spend in the infrastructure required to set up the office.

This cost is entirely dependent on how you decorate the office and what facilities you want. However, if the stock broker has specific criteria, you must match them.

Stock Broking Franchise Monthly Revenue Calculation :- 

This figure is based on 100 active clients for a stock broking franchise.

The total brokerage revenue is derived by multiplying the number of active clients, daily trades per client, brokerage per trade, and trading days in one month (100*5*40*21).

The Sub Broker’s Share counts as 70% of the total revenue generated through brokerage.

You can enhance your revenue by adding more active clients.

Stock Broking Franchise – Products Offered :-

Stock Broking Franchise Benefits :- 

• Brand Name :- You will get the opportunity to work with the leading brand in the stock market.
• Wide network :- The brokerage business has a presence in minor communities across the country. So, even if you are not from a major city, you do not need to fear. You can become your region’s master franchisee, authorized person, or Remisier.
• Genuine Support :- Sub-brokers provide genuine support. From back-office to marketing help, the broker offers it all.
• High revenue sharing :- A stock broking franchise high revenue sharing for the partners . You can make up to 70% of the revenue every month
• Flexible eligibility criteria :- There are no formal qualifications for becoming a Sub broking partner. The eligibility conditions are rather flexible and easy.

 Conclusion :-

The success of your sub broker business is determined by your work, willingness for achievement, and decisions. Choose your stock broker according to your goal and revenue you want to earn as broker differs at every part from deposit to revenue generation so track every broker and then decide.

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