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5Paisa Franchise has been a popular discount brokerage house franchise in the past decade.
They are bringing in clients and daily traders with their innovative ideas about investments, products, and services.
If you are able to bring in clients interested in investing with 5Paisa, the 5Paisa Partners position could be one of your most lucrative business opportunities.
Below is information about the 5Paisa Sub Broker Program, its various business models, revenue structure, eligibility criteria, security deposit requirements, and other aspects of the company.
| 5Paisa Sub Broker Highlight | |
| Top Business Model | Partner Program |
| Minimum Initial Investment | Rs. 10,000 |
| Revenue sharing | 10% - 30% |
| Payout Time | 31 days |
| Time to activate the SB Code | 14 days |
5Paisa was founded in 2007 as a discount broker in Mumbai, with Thane as its base. Prakash Gagdani, a public limited company, founded the firm and began rolling out 5Paisa Franchise .
It is well-known among discount brokers across the country. The firm offers a variety of deals to its partners as well as the 5Paisa Sub Broker. Payments are made to partners within 31 days, which is the average pay-out time in the industry.
| 5Paisa Business Partners Overview | |
| This is an overview of 5Paisa Franchise | |
| Which type of company is it? - Public/Private | Public |
| What type of broker is it? | Discount Broker |
| Is the Headquarter in which location? | Thane |
| Who is the founder? | Prakarsh Gagdani |
| What year was it established? | 2007 |
| Time Taken to activate the SB Code? | 14 days |
| What is the time it takes to get paid? | 31 days |
5Paisa Franchise offers two distinct business models:
This is the Authorised Person model, or the Partner model of 5Paisa where the Remisier, also known as agents, refers clients to the firm after pitching the company to potential clients.
If the Remisier can generate revenue from a client, the Remisier gets a percentage of that revenue.
To begin the work, Remisier must keep a small amount with the company as a security deposit. This is nominal and far less than the investment in other business models such as Master franchises or sub-brokers.
The Remisier's job is to find new clients through networking and pitching about the company. They are not allowed to sell directly, and sales are done by the company when they refer clients to them.
Another business model that the stockbroker may choose is this. Refer a friend by becoming a 5Paisa client. Refer anyone to 5Paisa from your family, friends, colleagues or loved ones who are interested in trading and making investments.
Referring to a client will allow you to receive a percentage of the client's revenue. 5Paisa requires a minimal investment to become a referee.
| 5Paisa Franchise Models | |
| Learn about the different Business Models offered by 5Paisa | |
| Is there a Sub Broker model? | No |
| Are they able to refer people? | Yes |
| Offer Master Franchise Models? | No |
| Provide Partner model? | Yes |
5Paisa Partner Commission begins at 10% of the revenue they produce. The Remisier receives 10% of the revenue from clients they refer.
They can only earn up to 30% of the revenue. The minimum share they can earn is slightly higher than the market, but this revenue share is equal to the market.
Referral program candidates receive 10% off each client if they purchase any products or services from the firm.
| 5Paisa Sub Broker Revenue Sharing | |
| Here are the full details on all business models of Arch Finance SB Commission | |
| Revenue sharing is available for SB | NA |
| Are they willing to pay for referrals? | 10% |
| Estimated revenue sharing? | NA |
| Revenue sharing required for Partner models? | 10% - 30% |
5Paisa Partner Investments are nominal. Remisiers only need to invest Rs. Start their business with Rs. 10000 They don't require much infrastructure. They are also nominally priced at the same level as the market.
Referees need to deposit Rs. To be a member of the referral program, you must deposit Rs. There is not a stockbroker that charges referral program candidates. However, the amount is far too small to bother about.
| 5Paisa Franchise Security Debit | |
| Find out the cost of a 5Paisa franchise for every business model | |
| Minimum security deposit for SB Program? | NA |
| Referral Program: Is there a security deposit? | Rs. 200 |
| The minimum investment for Master Model? | NA |
| Deposit required? | Rs. 10,000 |
5Paisa partner offers to include -
| 5Paisa Sub Broker Offers | |
| Below is a list of 5Paisa franchise offers for clients | |
| Are they able to offer flexible revenue sharing? | Yes |
| Do they offer Flat Revenue Sharing? | No |
| Offer a zero revenue sharing model? | No |
| Are they offering a Zero Deposit Scheme? | No |
| Do they offer a 10k Initial Deposit Scheme? | Yes |
5Paisa franchise support is very limited as it is a discount broker. The partners do not receive any support. The firm does however provide support for the partners in the back office.
| 5Paisa Business Partners Support | |
| These are the Support 5Paisa Franchises must provide to their clients | |
| Offer Acquisition Training to their Associates? | No |
| Training for dealers of sub-brokers? | No |
| Training to their partners? | No |
| Back-office support for the authorized person? | Yes |
| Trading support to their partners | No |
| Do they share Advisory Support? | No |
| marketing support provided? | No |
5Paisa Partner Infrastructure Requirements are very minimal. We can also say that the firm has not mandated any infrastructure requirements, except for trading terminals.
Trading terminals must be available with 5Paisa partners in order to trade for their clients and assist them.
| 5Paisa Partner Infrastructure Requirement | |
| Get the Infra needed to open a 5Paisa Franchise | |
| Employees required to open this franchise? | Not required |
| Sub Broker to provide trading terminals? | Yes |
| Sign up for a franchise through the Internet? | No |
| Required that partners have telephone lines? | No |
| Offer Research Services? | No |
| How Big an office area is required? | Not required |
The 5Paisa franchise eligibility for business partners is -
5Paisa Partner charges a flat brokerage fee from clients according to the rates of 5Paisa. Flat Rs. The brokerage fee for each transaction is Rs.
As you can see, charges for the options category are Rs. The charges are Rs. 10 per lot, which is very low. They charge too little for brokerage, which is normal considering they are a discount broker.
| 5Paisa Sub-Broker - Brokerage Fees for Clients | |
| These are the brokerage fees that 5Paisa Sub-Broker charges their clients | |
| What are Equity Intraday Charges? | Rs.10 |
| What are the Equity Delivery fees? | Rs.10 |
| What is the charge for Equity Options? | Rs.10 per Lot |
| What are the Currency Options fees? | Rs.10 per Lot |
| What are Equity Futures fees? | Rs.10 |
| What are the charges for Currency Futures? | Rs.10 |
| What are the charges for commodity trading? | NA |
Account opening charges at 5Paisa are Rs. 650 without any maintenance fees for the trading account. The account opening fees are not too high compared to other firms.
Margin money is not charged by the discount broker, which is a benefit for clients. This allows you, as a partner in the firm, to present this benefit to clients. However, the Demat annual maintenance fees are Rs. 400 per annum
Transaction charges here are also Rs. The transaction charges are flat and relatively low at Rs. 10 per order.
| 5Paisa Franchise: Account Opening Charges for Clients | |
| These are the account opening fees levied by 5Paisa Franchise on their clients | |
| What is the account opening charges? | Rs.650 |
| What is the Margin Money? | Zero |
| What is the Demat AMC charge? | Rs.400 per Annum |
| How much do Trading AMC fees cost? | No cost |
| What are the Transaction Charges? | Flat Fee of Rs.10 Per Order |
5Paisa Partner Review shows that they are satisfied with the security deposit, but not with the revenue share.
They also get overwhelmed by the offers that they receive from time to time, as the 4/5 ratings suggest. However, client satisfaction is not as high as the 1.5 rating suggests.
Their overall rating of 2.7 suggests that they need to improve on other aspects of the firm in order to make it fair for everyone.
| 5Paisa Franchise Customer Ratings | |
| Client Ratings and Reviews for 5Paisa. | |
| Based on the Revenue Sharing Model of Franchisor | 2.0 / 5. |
| Ratings based on the security deposit provided by the company | 4.5/5 |
| Based on Experience in the Sub-Broker Business | 1.5 / 5. |
| According to the Broking Franchise Offers | 4.0 / 5. |
| Ratings for Mobile Trading Apps & Trading Platforms | 3.3 / 5. |
| Ratings for the Sub-Broker Franchise | 2.7 / 5. |
| Star Ratings |
As a 5Paisa partner, your startup costs are very low and you don't need to have office space or employees.
Your investment is minimal and you receive an average share of the market's revenue, which is good for the start.
Open a demat account through us and get the account opening charges waived off
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