Aasmaa Securities is a key player in the stock market with hundreds of Aasmaa Securities Sub broker working under them across India.
Aasmaa Securities is in the share market business for the last 10 years and in this one decade, it has earned a name for itself. Here in this article, you will find intricate details about the company and Aasmaa Securities Sub Brokers.
This piece articulates the facts and figures about the company and especially about its sub-brokership program. The article enlists all the brokerage charges, security deposit required to have a sub-brokership, account opening charges, and many other details of Aasmaa Securities.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 55% – 75% |
| Security Deposit | Rs.50,000 – Rs.100,000 |
| Become Sub Broker in | 31 Days |
| Receive Payout in | 33 Days |
| Founder | Anand Kumar Jhawar |
| Established Year | 2007 |
Aasmaa Securities Franchise – Customer Ratings
Find the below table to know the Customer Ratings of Aasmaa Securities Sub Broker:
| Experience | 2.6/5 |
| Services | 2.2/5 |
| Products | 2.3/5 |
| Trading Platforms | 2.5/5 |
| Support | 2.2/5 |
| Revenue Sharing Model | 2.4/5 |
| Security Deposit | 2.2/5 |
| Offers | 2.3/5 |
| Market Share | 2.1/5 |
| Overall Ratings | 2.3/5 |
| Star Ratings | ★★★☆☆ |
The Aasmaa Securities customer ratings suggest the company has an average rating of 2.6 points on the card for the customer experience. While the services and products have been rated a little lower with 2.2 and 2.3 points out of 5.
The trading platforms are rated at 2.5 while the security deposit requirement and offers are rated at 2.2 and 2.3 again. The overall rating of the company stands at 2.3 points out of 5.
Overview of Aasmaa Securities Franchise / Sub Broker
Details about Aasmaa Securities Franchise are given in the below table:
| Company Type | Private |
| Broker type | Full-Service Broker |
| Headquarters | Hyderabad, Andhra Pradesh |
| Founder | Anand Kumar Jhawar |
| Established Year | 2007 |
| SB Code Activation Time | 31 Days |
| Payout Time | 33 Days |
Aasmaa Securities is a private concern that started operating in the year 2007. The company was founded by Anand Kumar Jhawar in the city of Hyderabad, Andhra Pradesh.
The company is a full-service broker which provides sub-brokership to individuals and business entities.
The Aasmaa Securities Sub Broker code activation time is around 31 days while the payout time is 33 days.
Become a Sub Broker with Aasmaa Securities – Just Fill up the form
Compare Sub Broker Franchise
Aasmaa Securities Sub Broker – Business Models
Find below table for details:
| Master Franchise | No |
| Sub Broker | Yes |
| Remisier | No |
| Referral Program | No |
Aasmaa Securities provide sub-brokership to individuals and entities who want to work along with them. The Aasmaa Securities Sub Brokers business model is described below –
There is only one model under Aasmaa Securities Sub Broker business model. They follow a straightforward sub-brokership program on a revenue-sharing basis.
Aasmaa Securities Sub Broker / Authorised Person Model
The sub-brokers under Aasmaa Securities have to build their own clientele. They have to sell the products and services of Aasmaa to generate revenue and out of the revenue generated by individual sub-broker, they are paid accordingly. It is a perfectly competitive business model which can include innumerable sub-brokers.
Aasmaa Securities Sub broker Commission / Revenue Sharing
Find below table to know Aasmaa Securities Securities Franchise Commission Models and Revenue Sharing Models:
| Master Franchise | NA |
| Sub Broker | 55% – 75% |
| Remisier | NA |
| Referral Program | NA |
Under revenue sharing model of Aasmaa Securities, the sub-brokers get 55% as a minimum percentage of the revenue generated and the maximum can go up to 75%. The revenue sharing is done on the basis of the security deposit, which the sub-broker keeps with the company which is discussed in the next section.
Check out Revenue Sharing of other Sub Brokers
Aasmaa Securities Franchise Cost / Security Deposit
The below Tables gives a good understanding of Aasmaa Securities Securities Franchise Cost:
| Master Franchise | NA |
| Sub Broker | Rs.50,000 – Rs.100,000 |
| Remisier | NA |
| Referral Program | NA |
As mentioned above, Aasmaa Securities security deposit requirement is an important factor in understanding the revenue-sharing percentage of the sub-brokers.
Here, the minimum security deposit one can keep is Rs. 50000 while the maximum can be Rs. 100000. The amount of the security deposit would dictate the amount or percentage of revenue the sub-broker would be entitled to.
Here is Security Deposit info of other Stock Broking Franchise
Aasmaa Securities Partner Infrastructure Requirement
Check the table to know Aasmaa Securities Partner Infrastructure Requirement:
| Office Area | Minimum 150 SqFt |
| Employee Strength | Minimum 1 |
| Research Services | Yes |
| Internet Connection | No |
| Trading Terminals | Yes |
| Telephone Lines | No |
The infrastructure requirements of the Aasmaa Securities sub-brokers are –
- The office of the sub-broker must have a space of 150 square feet. It can be larger than 150 square feet as well.
- The number of employees in the office working full time must be one or more than that.
- The sub-broker must provide research services about the financial products to his or her client for a better understanding of the products and services. They also must under the requirement of the client and then suggest financial products for them. For this purpose of analysis, proper research services are required.
- The trading terminals are a must in the office for the sub-brokers and the clients. They must have the most updated version of the trading terminals to provide the best possible services to the clients.
Aasmaa Securities Sub Broker Offers
Find below various Aasmaa Securities Sub Broker Offers:
| Zero Deposit | No |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | Yes |
Some of the most important offers provided to Aasmaa Securities sub-brokers are –
- The sub-brokers are entitled to receive a revenue percentage that is quite higher.
- Their investment is quite low for starting the brokership business.
- They are offered a flexible revenue-sharing option
- They are also offered full revenue from the sales they make if they make a prepayment.
Aasmaa Securities Franchise Support
The Aasmaa Securities Sub Brokers are provided with various support and time-to-time training from the company. They are provided with both back-office and trading support.
Check out other companies Sub Broker Offers
Aasmaa Securities Franchise Support
The below table consists of various support provided by the Aasmaa Securities Authorised Person program:
| Marketing Support | No |
| Back-Office Support | Yes |
| Trading Support | Yes |
| Advisory Support | No |
| Dealing Training | No |
| Acquisition Training | No |
| Product Training | No |
The Aasmaa Securities Sub Brokers are provided with various support and time-to-time training from the company. They are provided with both back-office and trading support.
Aasmaa Securities Authorised Person – Brokerage Charges to Clients
The table gives proper information on Aasmaa Securities Brokerage charges levied to its Franchise Clients:
| Equity Delivery | 0.15% – 0.3% |
| Equity Intraday | 0.01% – 0.03% |
| Equity Futures | 0.01% – 0.03% |
| Equity Options | Rs.30 – Rs.50 per Lot |
| Currency Futures | 0.01% – 0.03% |
| Currency Options | Rs.15 – Rs.25 per Lot |
| Commodity | NA |
The Aasmaa Securities Brokerage Plans include –
- Brokerage fee of 0.15% to 0.3% on Equity Delivery.
- On Equity Intraday, futures, and currency futures the charges range between 0.01% and 0.03%.
- For the equity option, the charges are between Rs. 30 to Rs. 50 for each lot while for currency options it is Rs. 15 to Rs. 25.
Aasmaa Securities Partner – Account Opening Charges to Clients
The table gives proper information on Aasmaa Securities Account opening charges levied to its Franchise Clients:
| Demat AMC | Rs.250 per Annum |
| Trading AMC | Free |
| Account Opening Charges | Free |
| Transaction Charges | 0.00255% |
| Margin Money | Minimum Rs.15,000 |
The account opening is completely free with Aasmaa Securities and there is no annual maintenance cost involved as well with the trading account. For the Demat Account, the client needs to pay Rs. 250 per year. The transaction charges are 0.00255% and the minimum margin money that you need to keep is Rs. 15000.
Benefits of Aasmaa Securities Partner Program
Aasmaa Securities is beneficial for the sub-brokers and the clients because –
- They have a very low brokerage charge.
- Their account opening and annual maintenance charges are Nil and very low respectively.
- They maintain a simple straightforward sub-brokership revenue-sharing method.
Become a Sub Broker with Aasmaa Securities – Just Fill up the form
Find detailed review of other Sub Broker Franchise