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Axis Direct Sub Broker is an influential group of sub-brokers that have got a lot of achievements to its name. This article will give you comprehensive knowledge about all the details about Axis Direct Franchise.
Below you will find information about the company, its business models, revenues, deposits, offers, infrastructure, commissions, and customer ratings. Do not miss out on any point to know about the company broadly.
| Axis Direct Franchise Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.100,000 – Rs.300,000 |
| Revenue Sharing | 50% – 70% |
| Payout Time | 35 Days |
| SB Code Activation Time | 20 Days |
Founded in 2011, Axis Direct Franchise is a big name in the stock market with its headquarter in Mumbai, India. Mr. ArunTukral privately owns the company.
It is a full-service broker house that assists clients with various types of financial services. Axis Direct Sub Broker needs nearly 20 days for the activation of SB Code, and its Payout time is 35 days.
| Axis Direct Business Partner Overview | |
| Here is the overview of Axis Direct Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Mumbai, India |
| Who is the Founder? | Arun Tukral |
| What is the year of establishment? | 2011 |
| How many days it takes for SB Code Activation? | 20 Days |
| How many days/weeks it takes for Payout? | 35 Days |
Axis Direct Franchise offers one business model, which is the Sub Broker Model. This model is different from the other models as it is based on the market.
Axis Direct Sub Broker is less costly in comparison to the other three models. However, there is no scope of referral Program, Master Franchise and Remisier in the Axis direct business model.
The Axis Direct Sub Broker is a partner program that initiated in 2012 from the house of Axis direct. Here the sub broker holds the role to revolve around and bring in more clients to invest in the commodities, mutual funds and equities.
| Axis Direct Franchise Business Models | |
| Know about various Business Models of Axis Direct | |
| Is the Sub Broker business model available? | Yes |
| Do they provide Referral Program? | No |
| Do they provide Master Franchise Model? | No |
| Does this broker provide Partner / Remisier model? | No |
From the above table, you can easily understand the Axis Direct Franchise Revenue Sharing policy. In the Sub Broker model of the company, it offers 50% to 70% of revenue to the sub-broker, which is quite a good value.
The Axis Direct Sub Broker Commission may vary with the sales of various assets.
| Axis Direct Sub Broker Revenue Sharing | |
| Find the details of Arch Finance Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% – 70% |
| Do they provide revenue sharing or direct pay for Referral Program? | NA |
| How much is the revenue sharing Master Franchise business? | NA |
| How much is the revenue sharing required for Partner / Remisier model? | NA |
Security Deposit is the amount of money that needs to be paid by the sub-broker to set up their business with the name of Axis Direct.
A deposit of minimum Rs. 100,000 and a maximum of Rs. 300,000 is required to be made as Security with Axis Direct Securities Franchise Cost.
There is no Referral program, Master Franchise and Remisier options in Axis Direct Sub Broker Investment.
| Axis Direct Franchise Security Deposit | |
| Check the Axis Direct Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.100,000 – Rs.300,000 |
| Is there any security deposit required for Referral Program? | NA |
| What is the initial investment required for Master Franchise Model? | NA |
| What is the deposit required for Partner / Remisier Model? | NA |
Axis Direct Franchise Offers Flexible Revenue Sharing to its business partners.
The Axis Direct Sub Broker Offers also follows the attractive offer of 10,000 Initial Deposit but does not acknowledge Flat Revenue Sharing, Zero Revenue Sharing with Prepaid, and Zero Deposit.
| Axis Direct Sub Broker Offers | |
| Here are the list of Axis Direct Franchise offers available to the clients | |
| Do they provide Flexible Revenue Sharing offer? | Yes |
| Are they providing Flat Revenue Sharing offer? | No |
| Do they offer Zero Revenue Sharing model with Prepaid payment? | No |
| Do they provide Zero Deposit scheme? | No |
| Are they offering 10k Initial Deposit scheme? | Yes |
Axis Direct Franchise Support provides a significant amount of support to each of its business partners. It provides Marketing Support to the franchises and the sub-brokers along with back-office support.
The Axis Direct Partner Support offers thorough training on all the products of the company. They are also given trading support so that they can deal with their clients in the most suitable way.
| Axis Direct Business Partner Support | |
| Here are the various Support Axis Direct Franchise needs to provide to thir clients | |
| Do they provide Acquisition Training to their associates? | No |
| Do they provide Training for Dealers of their sub brokers? | No |
| Are they providing Product Training for their business partners? | Yes |
| Do they provide Back-Office Support for their authorised person? | Yes |
| Are they providing Trading Support to their business partners? | Yes |
| Are they sharing Advisory Support with their partners? | No |
| Does the broking house provide Marketing Support to their sub brokers? | Yes |
Every broking house has set some infrastructural requirements of their business partners. The franchises and sub-brokers have to abide by those criteria to get the trading license from the company.
Similarly, Axis Direct Partner Requirement has also some infrastructural requirements set that the franchises and sub-brokers have to fulfill to work as an Axis Direct Franchise or Axis Direct Sub broker. The Axis Direct Sub Broker InfraRequirement goes by:
| Axis Direct Partner Infrastructure Requirement | |
| Find the various Infra required to take up Axis Direct Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 5 |
| Do the Sub Broker needs to provide Trading Terminals? | Yes |
| Is the Internet Connection mandatory to take up franchise? | Yes |
| Are Telephone Lines mandatory for Business Partners? | Yes |
| Is is mandatory to provide Research Services by Sub Broker? | No |
| How much is the size of Office Area required to become a Sub Broker? | Minimum 300 Sq Ft |
Axis Direct follows some simple eligibility criteria for appointing sub-brokers. These Axis Direct Sub Broker Eligibility criteria are:
Axis Direct Authorized Person Charges a brokerage of 0.03% to 0.05% on Equity Intraday. 0.02% to 0.06% is charged on Equity Delivery. Charge of Equity Options is Rs. 10 for a single lot, and the expense of Currency Options is also the same.
The Axis Direct Partner Charges on Equity Futures, Currency Futures, and Commodity is in the range of 0.03% and 0.05%.
| Axis Direct Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Axis Direct Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.03% – 0.05% |
| How much are Equity Delivery charges? | 0.20% – 0.60% |
| How much is the charge levied on Equity Options? | Rs.10 per Lot |
| How much are the Currency Options charges? | Rs.10 per Lot |
| What are Equity Futures charges? | 0.03% – 0.05% |
| What are the charges levied on Currency Futures? | 0.03% – 0.05% |
| What are the charges levied on Commodity Trading? | 0.03% – 0.05% |
Axis Direct Franchise Charges Rs.999 as its Account Opening Charge, and that is fixed for all the business partners. The minimum margin money that needs to be maintained with the company is Rs. 25,000.
The Annual Maintenance Charges for Demat account is Rs. 650 for a year and for the trading account is zero. Axis Direct Sub Broker Charges a transnational charge of 0.00325% on all the transactions done.
| Axis Direct Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Axis Direct Franchise to their clients | |
| What are the Account Opening Charges? | Rs.999 |
| What is the Margin Money required? | Rs.25,000 |
| What is the charge for Demat AMC? | Rs.650 per Annum |
| how much are Trading AMC charges? | Zero |
| How much is the Transaction Charges levied? | 0.00% |
The Axis Direct Franchise Ratings have managed to pull off good numbers of their clients. The Revenue Sharing Model has attracted the highest rating of 3.1 out of 5 points. The next in the list is Security Deposit and experience of the customers who have received 3 points.
Many attractive offers provided by Axis Direct fetched 2.8 and mobile applications, and trading platforms got 2.9 points. Axis Direct Franchise’s overall rating is 2.9 points and has received 3 out of 5 stars.
This clearly shows that the customers are happy with the services offered to them, and they trust Axis Direct franchises and Axis Direct Sub Broker Review.
| Axis Direct Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Axis Direct | |
| According to Revenue Sharing Model of the Franchisor | 3.10 / 5 |
| Ratings as per Security Deposit provided by the company | 3.00 / 5 |
| As per Experience in the Sub Broker Business | 3.00 / 5 |
| As per Offers provided by the Broking Franchise | 2.80 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.90 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.90 / 5 |
| Star Ratings | ★★★☆☆ |
Axis Direct Franchise and Axis Direct Sub Broker have been offering commendable services to the various categories of clients it has. The useful products backed by the right amount of experience can help you grow as a perfect sub-broker.
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