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Edelweiss Franchise is a well-known name when it comes to sub-brokers. They have a lot of experience and offer decent deals.
The initial investment a client needs to make is between Rs1,00,000.000 and Rs4,00,000. While the revenue sharing ratio is between 55% and 70%, it can be anywhere between 55% and 70%.
Edelweiss Sub Broker now has a 31-day fixed pay-out period. Typically, their SB code activation takes place within 14 days. They are one of the most respected sub-brokers in western India, having been in business for a decade.
| Edelweiss Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Minimum Initial Investment | Rs.100,000.- Rs.400,000 |
| Revenue sharing | 55% - 70% |
| Payout Time | 31 days |
| Time to activate the SB Code | 14 days |
We know that Edelweiss Sub Broker, a private limited company, is headquartered in Mumbai, the financial capital. This company is also part of Reliance Capital. It was founded by Anil Ambani, a business tycoon.
In 2008, the company was founded and has evolved to be a full-service broker. Their average pay-out frequency of 31 days is despite the fact that activation for SB codes takes 14 days.
| Edelweiss Business Partners Overview | |
| This is an overview of the Edelweiss Franchise | |
| Which type of company is it? Public/Private | Public |
| What type of broker is it? | Full-Service Broker |
| Is the Headquarter in which location? | Mumbai, India |
| Who is the founder? | Anil Ambani Reliance Capital |
| What year was it established? | 2008 |
| How long does it take to activate the SB Code? | 14 days |
| What is the time it takes to get paid? | 31 days |
Edelweiss Franchise Program offers all kinds of business models.
Edelweiss Sub Broker means that Edelweiss appoints them but they are not required to be active traders. They must be registered with SEBI.
Edelweiss Master Franchise is the exclusive franchisee of Edelweiss. This means that they are able to manage all franchising activities and have full franchising rights.
Edelweiss Remisier is a stockbroking firm's agent. They get a fixed commission. However, the commission amount is determined by the number of transactions that the Commissioned Dealer Representative has handled.
Edelweiss Referral Program keeps new clients interested in joining them and earns benefits from referring clients.
| Edelweiss Franchise Models | |
| Learn about the different Business Models of Edelweiss | |
| 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 |
Edelweiss Sub Broker Commission's revenue-sharing ratio is usually between 55% and 70%. What is even more interesting is the fact that they offer gift vouchers to clients for every successful referral.
They share a revenue ratio of 60% to 70% because they are Master Franchises. They also share 30% with the Remisier.
| Edelweiss Sub Broker Revenue Sharing | |
| Get the details about Edelweiss Sub-Broker Commission for All Business Models | |
| What revenue sharing is available for Sub Brokers? | 55% - 70% |
| Are they willing to pay referral program participants directly or share revenue? | Gift Voucher |
| What is the estimated revenue sharing Master Franchise business? | 60% - 75% |
| What is the required revenue sharing for Partner/Remisier models? | 30% |
Edelweiss Franchise cost is based on the capital amount, which can be anywhere from Rs1,00,000 up to Rs4,00,000.
For Master franchise security deposits, Edelweiss Sub Broker Investment Charges revolve around Rs1,00,000. - Rs5,00,000. For the Remisier and Referral Program, the security deposit is R.
| Edelweiss Security Deposit | |
| See the Edelweiss franchise cost requirements for each business model | |
| What is the minimum security deposit for Sub Broker Program? | Rs.100,000.- Rs.400,000 |
| Referral Program: Is there a security deposit? | R |
| What is the minimum investment for Master Franchise Model? | Rs.500,000 to Rs.100,000. |
| What deposit is required for the Partner/Remisier Model? | R |
Edelweiss Franchise offers flexibility in revenue sharing, which we have discussed before. Edelweiss Sub Broker also offers Rs10,000 initial deposit at their end.
There are a few notable offers that are missing: flat revenue sharing, zero income sharing with prepaid and, last but not least, zero deposits facility.
| Edelweiss Sub Broker Offers | |
| Below is a list of Edelweiss Franchise Offers for Clients | |
| Are they able to offer a flexible revenue-sharing program? | Yes |
| Do they offer Flat Revenue Sharing Offers? | No |
| Are they able to offer 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 |
Edelweiss Franchise Support is usually a wide range of support for business partners. Edelweiss Partner Support is a training session for Acquisition.
Similar training sessions are offered to clients about their products and how they can help them. They also offer high-quality back-office support as well as skilled trading support.
Their marketing support is worth mentioning as well as their advisory support.
| Edelweiss Business Partners Support | |
| These are the Support Edelweiss Franchises need to offer to their clients | |
| Are they able to offer Acquisition Training to their Associates? | Yes |
| Are they able to provide training for dealers of sub-brokers? | Yes |
| Do they offer Product Training to their business partners? | Yes |
| 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 |
There are certain conditions that must be met if you want to work with Edelweiss Sub broker Infra Requirement. These are the requirements for partnership infrastructure.
The employee strength should be at least 3 people. Second on the list is the office space, which should not exceed 200 square feet.
To be part of the Edelweiss Partner Requirement, you will need a trading terminal, stable internet connection, telephone lines, as well as other research services.
| Edelweiss Partner Infrastructure Requirement | |
| Get the Infra needed to open an Edelweiss 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 mandatory for Subbrokers to offer Research Services? | Yes |
| What size office area is required to become a sub-broker? | Minimum 200 Sq Ft |
Below is the Edelweiss Sub Broker eligibility list that you need to meet in order to apply for a partnership.
Before applying, it is best to maintain a clean financial profile and good social standing. It is crucial as Edelweiss Sub-Broker Franchise eligibility rests on it.
Edelweiss' authorized person often charges a higher brokerage fee than others.
They charge 0.03% to 0.05% for equity intraday. For equity delivery, it ranges from 0.20% to 0.60%.
These fees can be considered higher than those charged by other companies. The equity options charge Rs120 per lot, which is significantly more than other companies. Currency options are Rs30 per lot.
Equity futures are next, and they charge between 0.03% and 0.05%. Currency futures cost 0.03% to 0.05%. Edelweiss Partner fees don't apply to commodity-related activities because they don't deal in that.
| Edelweiss Sub-Broker - Brokerage Fees to Clients | |
| These are the brokerage fees that Edelweiss Sub Broker charges their clients | |
| What are Equity Intraday Charges? | 0.03% to 0.05% |
| What are the Equity Delivery fees? | 0.2% - 0.60% |
| What is the charge for Equity Options? | Rs.120 per Lot |
| What are the Currency Options fees? | Rs.30 per Lot |
| What are Equity Futures fees? | 0.03% to 0.05% |
| What are the charges for Currency Futures? | 0.03% to 0.05% |
| What are the charges for commodity trading? | NA |
Edelweiss Franchise does not charge any fees to open an account. This may be a surprise to many of you. It's completely free.
Edelweiss Sub Broker charges a margin fee to trade, but it is higher than other companies. It is Rs25,000.
While the client may not be charged transaction fees, they will charge Rs500 per year as the AMC for the Demat account.
Surprisingly, they charge an AMC fee of Rs750 per year for trading accounts. Many companies offer this service for no cost.
| Edelweiss Franchise: Account Opening Charges for Clients | |
| These are the charges that Edelweiss Franchise levies on their clients for opening an account. | |
| What are the account opening charges? | Zero |
| What is the Margin Money? | Rs.25,000 |
| What is the Demat AMC charge? | Rs.500 |
| How much do Trading AMC fees cost? | Rs.750 |
| What are the Transaction Charges? | Zero |
The Edelweiss Franchise Ratings are generally positive. While there are some issues that we will address in the final part of this article, they cover most aspects of their operations. Customers believe that they share decent revenue. They rated them 3.5 out of 5.
Although security deposits are always annoying to customers, they have been rated 3.2 points out of 5. This is a good rating. Their greatest asset is their experience. Customers agreed with them and gave them a rating of 3.6 out of 5.
Edelweiss has covered the offer section well. Customers have rated it 3.5 out of 5 Every customer today wants a strong Mobile App & Trading platform. A rating of 3.3 stars is not enough and customers want more.
We believe that the overall Edelweiss Sub Broker Review is a good enough 3.7 out of 5 ratings.
| Edelweiss Franchise Customer Ratings | |
| Client Ratings and Reviews against multiple parameters for Edelweiss | |
| Based on the Revenue Sharing Model of Franchisor | 3.5 / 5. |
| Ratings based on the security deposit provided by the company | 3.2 / 5. |
| Based on Experience in the Sub-Broker Business | 3.6 / 5. |
| According to the Broking Franchise Offers | 3.5 / 5. |
| Ratings for Mobile Trading Apps & Trading Platforms | 3.3 / 5. |
| Sub-Broker Franchise Ratings | 3.7 / 5. |
| Star Ratings |
Edelweiss Sub Broker has its share of problems, just like any other company. Customers often display signs that they are costly. This means that the brokerage fees are way out of control.
Reliance Capital oversees the Edelweiss franchise, which itself is a reflection of trust. They are highly skilled and appear to be earning money. They are capable of doing more than what is expected.
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