How to Become a Sub-Broker/Franchisee ?

we are plan to start stock sub- brokership, so any body share more details with us.

thanks

9 Answers

  • If you want to start your own stock Sub broking / Franchise Business, you will need to follow some steps that will ensure a smooth business flow. As long as you’re able to fulfill with the requirements and the NCFM certification needed, than you can open your new broking business.

    Are you interested in becoming a stock sub-broker? Firstly, you sound knowledge in Stock Broking Industries; at list holding education a min. 10th pass and pass all required NCFM Certification. Than Start your Sub-Broking /Franchisee Business with good contact with trading group/ Client who trade regularly with other Broker. If you worked with any stock Sub-Broker or Broking Company, Added advantage for you to set up your own Sub-Broking Business. This is also an excellent way to meet a lot of potential investors.

    Infrastructure:-

    You will be required a small office min. 200Sq.ft. Have a Pentium Dual Core or I Core PC and Hi-speed Broad Band Connection.

    Get Client Base:-

    For client search just find them through your friends and relatives, you will find 5 to 10 within them. If you get around 10+ clients who are regularly trade, also try to make good contact with trading group/ Client who trade regularly with other Broker. Add 4-5 new clients per month for growing fast.

    Take Min. Margin from Client:-

    Don’t forget to take deposit of around Rs. 25,000/- to 1Lakh min. as margin deposit from clients. After three month normal Sustainable Client size is 15+ and have an average Rs. 50,000/- to 1 Lakh Margin Money in each client.

    Your Educational Matters:-

    You have min. 10th Pass and Ready to Qualify all required NCFM Certification. Need Min.6 month Stock Broking working experience. Then you start Your Sub-Broking /Franchisee Business.

    Refundable Securities Deposit:-

    You will require min. Rs.50, 000/- Refundable Securities Deposit to broker for Best RMS Support. (This is not a Mandatory)

    Sub-Broker Registration Fee:-

    Ready to pay registration fee for sub-broker (it is for 5year term).

    Day to day Expanse:-

    Around Rs.10, 000/-to 20,000/- for your monthly bills like rent, light bills, phone bills, internet rent.

    Keep All Cost in advance of 3 month for your convenience if you are not able to get sustainable clients size.

    Target Daily Turnover:-

    You are able to find 10 or more clients who trade daily. You need total daily turnover around 1-2 Crore in Cash and F&O, brokerage will be around Rs.2500/- Your sustain label. Also won’t be any worry for client’s settlement or delivery.

    Client Pay-IN Pay-OUT:-

    Client holds a same bank of Broker than get pay-out current working day. Other banks Account need one working day for pay-out.

    Payout Brokerage:-

    Your Broker releases your brokerage every month between 10-15th, after deducting all expanses.

    We can help to Setup your Franchisee:-

    If you want to become Stock Broking DSA/SUB BROKER/FRENCHISES/JV, we are open to shake hand with you at negotiated terms. Plz visit:www.maxgc.in

  • The qualifications differ from state to state and actually can differ from school district to school district. The minimum requirements for any substitute teacher would be a high school diploma. Some college or a four year degree is required by some. Of course, if you are a certified teacher or have a degree in education, then you are on top of the list. I will say that usually most school districts are desperate for substitute teachers and that if you meet the miniumum requirements, then you will have a very good chance of working practically every day, provided that you are willing to work in any of the schools. If you limit yourself to just elementary then your chances of working as more limited. MIddle and high school are usually more in deman as there are less subs for those grades. What you need to do is call your local school district office and ask them what the requirements are to be a substitite in that district. You will then fill out an application, and then that district will do a background check. This will let them know if you have any criminal background; especially concerning molestation etc. Once this has been successfully done, you will be notified and probably have to attend some training. This will probably only be a one day or part of a day type training. I had to watch a few films on how to manage a classroom and one on discipline. Also, you will more than likely have to watch a film or have training on blood born pathogens and how to handle any situation where blood is present, (i.e. a child with a nose bleed, etc.). Depending on the district, you will then be placed on a list of available substitute teachers from which the teachers can choose. Or, as in the district where I substituted, your name would be placed on an automated system where you will be called by an automated system where you can select to work a certain position for that day or where a teacher can secure you for an upcoming date where she has a planned absence. If you are hoping to become a teacher, then subbing is not actually a stepping stone to that end. Perhaps you should find out about becoming a teachers’ assistance. This way you are a full time employee and there can be reimbursement programs or even grants possibly to help you through school that may be available through your state board of education. Good luck!

  • Sub Broker Franchise

  • this is a good idea if u need sub brokership .. call on 9867711111 .. @ investment banker

  • For all companies, it is not necessary to register a company or office space to become sub broker.

    You can start individually,Some charge Security deposit and some offer ZERO deposit!

    We offer, ZERO Deposit Sub Brokership at lowest Brokerage charges in Commodity and Stock both!

    For commodity charges very low with Unlimited Exposure!,

  • Aditya Tradig Solution a leading Stock broking company offers free franchise(no security deposit) i all segments (Nse,Bse,MCX-Sx,Mcx,NCDEx) and free trading accounts and free software with excellent trading tips….for more contact-rajesh 09032168385

  • How to apply for sub-brokership in another country? like Vietnam?

  • Is it compulsory to pass all segment courses mentioned in NCFM

  • my plan to start brokershi in stock market please give us details [email protected] +91-8421404464

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