Want to start sub broking

[ananthl]

Hello all .... could any please suggest me any broker offering
franchise with following terms:

Fixed rate of brokerage to main broker on each client ( either 0.1%
delivery & 0.01% intraday or 0.15% & 0.015%). That is the brokerage
rate shared is fixed to main broker irrespective of at what brokerage
rate client is sourced by the franchisee.

Hence if client brokerage rate is 0.3% delivery, 0.1% goes to broker and
0.2% to frachisee. And if 0.2% is the rate then, sharing is 0.1% and 0.1%.
If the a/c is sourced at 0.1%, then main broker gets 0.1% and zero to
franchisee.

thanks
ananthl

 

[comm4300]

Hello all .... could any please suggest me any broker offering
franchise with following terms:

Fixed rate of brokerage to main broker on each client ( either 0.1%
delivery & 0.01% intraday or 0.15% & 0.015%). That is the brokerage
rate shared is fixed to main broker irrespective of at what brokerage
rate client is sourced by the franchisee.

Hence if client brokerage rate is 0.3% delivery, 0.1% goes to broker and
0.2% to frachisee. And if 0.2% is the rate then, sharing is 0.1% and 0.1%.
If the a/c is sourced at 0.1%, then main broker gets 0.1% and zero to
franchisee.

thanks
ananthl

reliance money, mangal keshav are the two brokers [that i know of] offered sub-broking in the exact same terms you mentioned. I happened to be with my friend who was scouting for sub-broking. Most broking houses are flexible when it comes to t&c as long as you can bring them turnover. even RKglobal[%age broking] is good.

all the best.

 

[sankyp]

I am currnetly with Sharekhan as a Remmisier. Want to become a sub-broker. However getting SEBI licence will be a problem for a me as attending exams and passing will be an issue for me. Plz suggest if Sharekhan or any other broker can offer me a franchise without the exams to be cleared. Any other alternative, plz suggest.

 

[mohan.sic]

************

 

[comm4300]

I am currnetly with Sharekhan as a Remmisier. Want to become a sub-broker. However getting SEBI licence will be a problem for a me as attending exams and passing will be an issue for me. Plz suggest if Sharekhan or any other broker can offer me a franchise without the exams to be cleared. Any other alternative, plz suggest.

why not go for Zerodha's trade referral plan?

If you have a client base - offer them zerodha. Win-win situation for both you and your customers.

call them up and see how it goes.


all the best.