All abt starting a sub-broking/Franchaise

[gulshanranjan]

Dear All,

come up with all ur questions abt starting ur own sub-broing, experiences, doubts, problems, query. i will try to help with my limited knowledge & personal experiences. i am bangalore based & my information wil b more relevent for user in bangalore & new delhi only.

 

[rathod005]

Sir i want to start an brokership . I have 1 shop 600 sq.ft. At good area invest rs.3 lk. But dont have knowledge of broking buisness . Pls help mo out.

 

[gulshanranjan]

First thing required is knowledge of market, later infrastructure come into picture. u have sufficient space & money,now u required computer, tv, internet connection, ups for power backup & most important clients to trade which leads to ur revenue.

Better the service, more clients will come to u & wil increse ur business. tel me which city ur located, ur market knowlede, education qualification (10th is a must & above 18 yr age), NCFM certified or not?

 

[nura4285]

before looking into any oof those credentials, I would suggest all to see how much AUM can you get in the forst quarter. The sucess of the business depends on that alone.

 

[mkboss24]

just see ur knowledge,qualification & background to do the new bussiness and then comparision to other opportunity.then decide!

 

[nura4285]

But everything boils down to the net worth of clients

 

[nagesh.kn]

I do not want to continue

 

[gulshanranjan]

Hi Nagesh,

1. Qualification is required 12th pass & 2 yr exp is good
2. NCFM certified i desired to run terminals or hire sum1 with same
3. Minimum required is 1.25 lac for sub-broking & 50K for SIF, no max limit, sky is d limit as angel broking was a sub broker 20 year back and now its in top 5 list.
4. Do your own research, i am biased for angel broking & way2wealth & strictly against india infoline.

write all ur doubts, discuss all d prob or difficulty u may come across before putting a single rs in to business. i can share my ups n down & experience with u but its always better to do own analysis.

Happy selling
Ranjan

 

[nagesh.kn]

I do not want to continue

 

[ankit911987]

give me ur no i will tell you the best offer my no is 9650298774
Regards ankit

Hi,

I am Bangalore based and want to be a sub-broker. I have been trading in stock market for 2 years now and can say have some knowledge if not everything. My questions are:

1. Qualification and Experience (I am a BA deg holder and do not have any stock market related exp)
2. certifications?(required and desirable)
3. Maximum investment I might need or minimum I can start with
4. Your choice of brokers I can go with

it would be very helpful for me to decide as what should I do, if you answer these...

Thanks in advance
Nagesh