expenses of sub broker.....

#1
hello m Rohit and i want to start a sub-brokership in Pune (maharashtra) in pune Pimpri-Chinchwad

ok i want to ask what are the expenses which are shared as m planning to take sub-brokership from angel so will angel will share my office rent or net charges or what are the expenses which can b shared???
other thing other thing will they wave off the demat yearly charges of ma costumers
and any other things which you will like to share wit me
Looking forward for uer reply
:)
thx
 

balab

Active Member
#3
They have many charges; 12000 for nse and 12000 for bse as a 5-year menbership fee, then the owner needs to pass NCFM courses (BSE and NSE and derivatives modules), then 250 per month per segment, 1lac margin which will be deposit with Angel, and brokerage will cost you 0.15% delivery and 0.015% intraday, you can sell this to clients at 0.35% and 0.035% and the profit will be shared between you/Angel as 70%/30%. Annual membership for clients will be 300 and depository charges will be 16 rs per tx. Service tax at 10.3%. Futures charges as per intraday, and option fees shared 50/50 at 100rs or 50rs depending on slab.
I thought I can open a sub brokerage but the brokerage costs do not seem attractive enough.




hello m Rohit and i want to start a sub-brokership in Pune (maharashtra) in pune Pimpri-Chinchwad

ok i want to ask what are the expenses which are shared as m planning to take sub-brokership from angel so will angel will share my office rent or net charges or what are the expenses which can b shared???
other thing other thing will they wave off the demat yearly charges of ma costumers
and any other things which you will like to share wit me
Looking forward for uer reply
:)
thx
 
#4
karmic stockbroking pvt ltd would be the u might be lookin for as it better deal than the above one
for more info contact us on 9699500673 (mohit jain)or 9076363676 (hormaz mirza).
 

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