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We will be sharing information about the Bonanza portfolio franchise and how you can become one.
This is the perfect place to start if you're interested in becoming a Bonanza Portfolio sub-broker. You will find all your questions answered here about being associated with them.
All your questions about Bonanza will be answered: how to sign-up, what documents to bring, eligibility, the profit-sharing percentage, and more.
| Bonanza Portfolio Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Minimum Initial Investment | Rs.75,000 to Rs.200,000 |
| Revenue sharing | 65%-80% |
| Payout Time | 1 Month |
| Time to activate the SB Code | 20-30 days |
Bonanza Portfolio, a well-respected Public Full Service Broker, launched its India operations in 1994.
In the early nineties, their founder, Mr. Shivku Goel, founded the company in Mumbai, the financial capital of India.
They are transparent and fair, so if you're looking to become a Bonanza Portfolio sub broker, you won't regret it.
They pay on a monthly basis and their payment methods are easy and consistent. The Bonanza Portfolio franchise is also very easy to set up. It takes only 20-30 days from the time you apply for the activation code to receive it.
| Bonanza Portfolio Business Partner Overview | |
| This is a brief overview of Bonanza Portfolio. | |
| Which type of company is it? - Public/Private | Public |
| What type of broker is it? | Full-Service Broker |
| Is the Headquarter in the right place? | Mumbai, India |
| Who is the founder? | Shiv Kumar Goel |
| What year was the establishment? | 1994 |
| Time taken to activate the sub-broker code | 20-30 days |
| What is the time it takes to get paid? | 1 Month |
You must follow a simple process to become a Bonanza portfolio franchise. Their business models are simple and straightforward because they are an uncomplicated company.
They only operate in one model, namely. The Sub Broker model. This means you can be a Bonanza Portfolio sub broker, and not an Agent or Remisier.
All trading platforms can be accessed by the Bonanza Sub broker. You can trade for yourself and for customers.
The Sub Broker represents the company in front of investors.
| Bonanza Portfolio Franchise Business Models | |
| Learn about the different Business Models of Bonanza Portfolio | |
| Is there a Sub Broker model? | Yes |
| Are they able to refer people? | No |
| Offer Master Franchise Models? | No |
| Provide Partner model? | No |
The Bonanza Portfolio Revenue Sharing model has a very clear and precise definition. Because they only have one Sub Broker Model that works, the revenue percentage for everyone is predefined.
They fully acknowledge their business partners' efforts and give them the maximum share. Your Bonanza Portfolio sub-broker commission would represent approximately 65% to 80% of your total revenue if you partner with them.
If you can assure them of higher revenue generation and a larger business, the higher revenue share can also be negotiable.
| Bonanza Portfolio Sub Broker Revenue Sharing | |
| Get the details about Arch Finance Sub Broker Commission on all Business Models | |
| Revenue sharing is available for Sub Brokers? | 65%-80% |
| Direct or revenue sharing for the Referral Program? | NA |
| Estimated revenue sharing Master Franchise business? | NA |
| Partner/Remisier models and their Revenue Sharing | NA |
The Bonanza Portfolio franchise cost is lower than other market players. Many companies charge a substantial amount, sometimes as high as Rs.5 Lac. They also require a one-time security payment.
Your Bonanza Portfolio sub-broker Investment total would be anywhere between Rs. 70,000 up to Rs. 2,00,000. The reason for the difference in the security deposit amount may also be a unique one.
You can settle for a minimal investment if your business is already established or you have a solid client base.
| Bonanza Portfolio Franchise Security Deposit | |
| The Bonanza Portfolio Franchise Cost Requirements for Each Business Model | |
| Minimum security deposit for Sub Broker Program? | Rs.75,000 to Rs.200,000 |
| Referral Program: Is there a security deposit? | NA |
| What is the minimum investment for Master Franchise Model? | NA |
| What deposit is required for the Remisier / Partner Model? | NA |
If you sign up with them, you can rest assured that you will receive many Bonanza Portfolio sub-broker offers. One of their most important offers is flexible revenue sharing.
You can also get started with them by making a minimum of 10,000 deposits.
However, there are no options such as Flat Revenue sharing, Zero Deposit, or Zero Revenue Sharing With Prepaid. These options are not available in the Bonanza Portfolio Franchise Offers.
| Bonanza Portfolio Sub Broker Offers | |
| Below is a list of Bonanza Portfolio franchise offers for clients | |
| Are they able to offer a flexible revenue-sharing program? | Yes |
| Do they offer Flat Revenue Sharing Offers? | No |
| Prepaid payments and Zero Revenue Sharing? | No |
| Are they able to offer the Zero Deposit Scheme? | No |
| Is there a scheme for a 10k initial deposit? | Yes |
You can expect to receive a lot of support as a business partner through Bonanza Portfolio Support. Bonanza invests a lot in training its partners. This includes acquisition training, product training, and dealing training.
You can expect to receive end-to-end support from the Bonanza Portfolio Support team, as well as trading-related support for your customers and yourself.
They do not offer any marketing or Advisory support to their partners. This is something that you will need to manage.
| Bonanza Portfolio Business Partner Support | |
| These are the Support Bonanza Portfolio Franchises that clients need to offer. | |
| Offer Acquisition Training to their Associates? | Yes |
| Provide training for dealers of sub-brokers? | Yes |
| Training to their business partners? | Yes |
| Provide back-office support for the authorized person? | Yes |
| Provide trading support to their business partners | Yes |
| Do they share Advisory Support? | No |
| Any marketing support provided by the broking house to sub-brokers? | No |
In terms of infrastructure, the Bonanza Portfolio Partner Request is very realistic and conservative. They do not have extravagant expectations of their partners in order to maintain high infrastructure standards.
The company requires that you maintain a small office space of approximately 200 square feet with 3 employees.
Other things that are part of the Bonanza portfolio Sub Broker Infra Requirement include basic necessities such as Internet access, telephone lines, and trading terminals access in their office.
| Bonanza Portfolio Partner Infrastructure Requirement | |
| Locate the Infra needed to open a Bonanza Portfolio Franchise | |
| How strong are the employees required to open this franchise? | Minimum 3 |
| providing Sub Broker mandatory trading terminals? | Yes |
| Do I need to sign up for a franchise through the Internet Connection? | Yes |
| Mandatory that business partners have telephone lines? | Yes |
| Mandatory for Subbrokers to offer Research Services? | No |
| What size office area is required to become a sub-broker? | Minimum 200 Sq Ft |
They also have their Bonanza portfolio Sub Broker Eligibility. This means they will check your eligibility criteria before they certify you as their sub-broker.
You must be either a graduate or have at least 12 passes in terms of qualifications. Experience in the financial sector would be an advantage.
This could be a great opportunity if you already work with a stockbroker or own a stock brokerage business. To become a sub-broker, which is a mandate, you will also need a SEBI certificate.
These are the Bonanza Portfolio franchise eligibility criteria you must meet when applying for them.
You can also brag about your brokerage fees as Bonanza Portfolio Partners Charges are among the lowest in the industry. Your customers will only be charged 0.01% for Equity Intraday or Equity Futures transactions.
They charge only 0.06% for Currency Futures & Commodity and 0.10% for Equity Delivery.
Options are charged per lot. Equity Options charge Rs. They charge Rs. 20 per lot, regardless of trade value. Currency Options are charged at Rs. 10 per lot.
It is quite low compared to other market players, and this is why you can attract more customers.
| Bonanza Portfolio Sub Broker - Brokerage Charges to Clients | |
| These are the brokerage fees that Bonanza Portfolio Sub Broker charges their clients | |
| What are Equity Intraday Charges? | 0.01% |
| What are the Equity Delivery fees? | 0.1% |
| What is the charge for Equity Options? | Rs.20 per Lot |
| What are the Currency Options fees? | Rs.10 per Lot |
| What are Equity Futures fees? | 0.01% |
| What are the charges for Currency Futures? | 0.06% |
| What are the charges for commodity trading? | 0.06% |
Bonanza charges for account opening are covered. Clients will be subject to the Bonanza Portfolio franchise charges.
Account opening fees are free for both the Demat and Trading accounts. Your customers will have to pay an AMC fee of Rs. 250 per annum
Margin money is also very low, i.e. The Margin money charged is also minimal at Rs. Rs. 10,000/-, which is refundable. You can now see that your clients will only be charged the Bonanza Portfolio sub broker charges and no additional fees will be levied.
| Bonanza Portfolio Franchise - Account Opening Charges to Clients | |
| These are the account opening fees that Bonanza Portfolio Franchise charges their clients | |
| What are the account opening charges? | Zero |
| What is the Margin Money? | Rs. 10,000 |
| What is the Demat AMC charge? | Rs. 250 |
| How much do Trading AMC fees cost? | Zero |
| What are the Transaction Charges? | 0.00% |
The Bonanza Portfolio Review and the customer ratings can help you make an informed decision.
The revenue-sharing model receives a rating of 2.9 over 5 points, security deposit gets a rating of 2.5, the experience gets a rating at 2.8, offers get a rating of 2.4 over 5, and mobile trading platforms get a 2.7 rating above 5.
This would mean that the Bonanza Portfolio Franchising Rating would be 2.7 more than 5 overall.
| Bonanza Portfolio Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters | |
| Based on the Revenue Sharing Model of Franchisor | 2.9 / 5. |
| Ratings based on the security deposit provided by the company | 2.5 / 5. |
| Based on Experience in the Sub-Broker Business | 2.8 / 5. |
| According to the Broking Franchise Offers | 2.4 / 5. |
| Ratings for Mobile Trading Apps & Trading Platforms | 2.7 / 5. |
| Sub-Broker Franchise Ratings | 2.7 / 5. |
| Star Ratings |
The Bonanza Portfolio Franchising is definitely a great business opportunity if you're looking to start your own stock brokerage agency and make good money.
The policies and services of the company are flexible enough to allow your business to become a Bonanza Portfolio sub broker and propel you to greater heights.
Open a demat account through us and get the account opening charges waived off
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