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Angel Broking Sub Broker is a veteran of the industry and has established a solid position for them.
This article will provide detailed information about Angel Broking franchise policies. If you're interested in booking, this article will assist you in making the right decision.
This article will give you all the details on the company, including its revenue models, deposit offers, and infrastructural requirements. It also includes brokerage charges and customer ratings.
Highlight Angel Broking Sub-Broker | |
Top Business Model | Sub Broker |
Minimum Initial Investment | Rs.5000 - Rs150,000 |
Revenue sharing | 50%- 70% |
Payout Time | 15 days |
Time to activate the SubBroker Code | 7 days |
Angel Broking Franchise, a privately owned company, has its headquarter in Mumbai (Maharashtra). Since its inception, it has been one of the most popular broking houses in the country. It was founded by Mr. Dinesh Thakkar and is a full-service broker house.
Angel Broking Sub Brokers can activate their SB Code in 7 days. This is significantly faster than most broking houses. The company pays out in just 15 days.
Angel Broking Partner Overview | |
This is an overview of the Angel Broking Franchise | |
Which type of company is it? - Public/Private | Private |
What type of broker is it? | Full-Service Broker |
Is the Headquarter in which location? | Mumbai, India |
Who is the founder? | Dinesh Thakkar |
What year was it established? | 1987 |
How long does it take to activate the SB Code? | 7 days |
What is the time it takes to get paid? | 15 days |
The company offers all 4 business models to an Angel Broking Sub broker. These are Sub Broker, Referral Program Master Franchise, Remisier, and Sub Broker.
Each model has its own strengths and each one is unique. Angel Broking Franchise is a convenient business model.
Angel broking Sub Broker model: The company grants its franchise to the partner.
Angel Broking Master Franchising is a similar model to the one before, but it has one major difference: All master franchises act as owners.
Angel Broking Remiser does not have a broker or master franchise. Hot leads are provided by the Angel Brooking Retirer.
Angel Broking Referral Program offers multiple vouchers and referral amounts for each referral. They don't require an investment.
Angel Broking Franchise Models | |
Learn about different Business Models for Angel Broking | |
Is there a Sub Broker model? | Yes |
Are they able to refer people? | Yes |
Are they able to offer Master Franchise Models? | Yes |
Is this broker able to provide Remisier / Partner model? | Yes |
As you can see, Angel Broking Franchise Revenue Sharing Policy offers sub-brokers 50% to 70% of the revenue.
Referral Program: The company offers free vouchers. Master Franchise models share a large commission of between 70% and 80 percent. The Angel Broking Sub Broker Commission for Remisier is also 30%
Angel Broking Sub-Broker Revenue Sharing | |
Get the details about Angel Broking Sub Broker Commissions for All Business Models | |
What revenue sharing is available for Sub Brokers? | 50%- 70% |
Are they willing to pay for referrals? | Get a free voucher |
What is the estimated revenue sharing Master Franchise business? | 70% - 80% |
What is the required revenue sharing for the Partner/Remisier model? | 50% |
A security deposit of Rs. 50,000 to Rs. To start the Angel Broking Franchise Cost Business, 150,000 is required.
Referral Program requires no security deposit. Angel Broking Sub-Broker Investment is Rs. From Rs.200,000 to Rs. 300,000.00 as a security deposit. Remisier's is Rs. 30,000
Angel Broking Franchise Security Deposit | |
Find out the Angel Broking franchise cost requirements for each business model | |
What is the minimum security deposit for Sub Broker Program? | Rates from Rs.50,000 to Rs.150,000 |
Referral Program: Is there a security deposit? | Zero |
What is the minimum investment for Master Franchise Model? | Rs.200,000 - R.300,000. |
What deposit is required for the Partner/Remisier Model? | Rs.30000 |
Angel Broking Sub-Broker Offers Flexible Revenue Sharing and Zero Revenue Sharing with Prepaid
Angel Broking Franchise Offers don't accept any other offers such as Flat Revenue Sharing, Zero deposit, or 10k initial deposit to do business with its partners.
Angel Broking Sub-Broker Offers | |
Below is a list of Angel Broking Franchises available to clients | |
Are they able to offer flexible revenue sharing? | Yes |
Do they offer Flat Revenue Sharing? | No |
Are they able to offer a zero revenue sharing model and prepaid payments? | Yes |
Are they offering a Zero Deposit Scheme? | No |
Do they offer a 10k Initial Deposit Scheme? | No |
Angel Broking Franchise Support offers effective support to sub-brokers in order for them to succeed in their businesses. It offers Acquisition Training to its business partners.
This program provides back-office support and proper trading support. Business partners receive Advisory Support, and are taught the best marketing strategies by Marketing Support.
Angel Broking Partner Support doesn't offer Product Training or Dealing Training.
Angel Broking Business Partner Support | |
These are the Support Angel Broking Franchises that clients need to know. | |
Are they able to offer Acquisition Training to their Associates? | Yes |
Are they able to provide training for dealers of sub-brokers? | No |
Do they offer Product Training to their business partners? | No |
Are they able to provide back-office support for the authorized person? | Yes |
Do they provide trading support to their business partners | Yes |
Do they share Advisory Support? | Yes |
Is marketing support provided by the broking house to sub-brokers? | Yes |
Broking houses must adhere to certain infrastructural standards when appointing sub-brokers. Each sub-broker must comply with these requirements in order to be granted a trading license.
Angel Broking Partner Requirement policy has also a set of infrastructural requirements for franchisees and sub-brokers to follow to be a business partner. These are:
Your office should measure at least 300 square feet
Angel Broking Partner Infrastructure Requirement | |
Learn the Infra to get an Angel Broking Franchise | |
How strong are the employees required to open this franchise? | Minimum 3 |
Is it necessary for the Sub Broker to provide trading terminals? | Yes |
Do I need to sign up for a franchise through the Internet Connection? | Yes |
Is it mandatory that business partners have telephone lines? | Yes |
Is it compulsory to offer Research Services through Sub Brokers? | No |
What size office area is required to become a sub-broker? | Minimum 300 Sq Ft |
Angel Broking Sub Broker Eligibility doesn't impose any complicated eligibility criteria on its partners. It keeps them simple and straight. These criteria are:
Angel Broking Franchise Eligibility criteria also state that candidates must not have any criminal records
Angel Broking Partner charges a nominal brokerage fee from clients. The Equity Intraday charge ranges from 0.01% to 0.044%, and the Equity Delivery fee is between 0.1% - 0.4%.
Angel Broking Authorized Person Charges Rs. 15% per lot for Equity Options and Rs. 30 lots on Currency options. The Equity Futures, Currency Futures, and Commodity Charges are between 0.01% and 0.04%.
Angel Broking Sub broker - Brokerage Fees to Clients | |
These are the brokerage fees charged by Angel Broking Sub Brokers to their clients | |
What are Equity Intraday Charges? | 0.01% - 0.04 |
What are the Equity Delivery fees? | 0.1% - 0.4% |
What is the charge for Equity Options? | Rs.15 per Lot |
What are the Currency Options fees? | Rs.30 per Lot |
What are Equity Futures fees? | 0.01% - 0.04 |
What are the charges for Currency Futures? | 0.01% - 0.04 |
What are the charges for commodity trading? | 0.01% - 0.04 |
Angel Broking Franchise Charges Rs. 699 per year as Account Opening Fees Margin Money that clients must keep is Rs. 10,000
Angel Broking Sub Broker Charges between zero and Rs. 350 per year as Demat AMC, and nil for Trading AMC. Each transaction incurs a transaction fee of 0.0035%.
Angel Broking Franchise-Account Opening Charges for Clients | |
These are the account opening fees charged by Angel Broking Franchise for their clients | |
What is the account opening charges? | Rs.699 per Annum |
What is the Margin Money? | Rs. 10,000 |
What is the Demat AMC charge? | Free or Rs.350 Per Annum |
How much do Trading AMC fees cost? | Zero |
What are the Transaction Charges? | 0.00% |
The Angel Broking Sub Broker Review shows that the company received high ratings from customers. The revenue-sharing model and security deposit have scored 3.8 out of 5 points.
Customers have rated the experience 4 points. The company has received 4.2 points from customers who are very satisfied with its offers.
Angel Broking's Franchise Ratings indicate that the company's Mobile Apps and Trading Platforms receive 3.5 points. The overall rating is 3.92 points, with 4 stars.
Angel Broking Franchise Customer Ratings | |
Client Ratings and Reviews against multiple parameters of Angel Broking | |
Based on the Revenue Sharing Model of Franchisor | 3.80 / 5. |
Ratings based on the security deposit provided by the company | 3.80 / 5. |
Based on Experience in the Sub-Broker Business | 4.50 / 5. |
According to the Broking Franchise Offers | 4.20 / 5. |
Ratings for Mobile Trading Apps & Trading Platforms | 3.50 / 5. |
Sub-Broker Franchise Ratings | 3.92 / 5. |
Star Ratings |
Angel Broking Sub Broker provides all the valuable services and products to customers that satisfy them to a high level. Contact the company immediately if you are interested in Angel Broking Franchise.