In the list of some remarkable stock broking houses, you can come across the name Accord Capital Markets. It has its products and services sprawling across the nation through the Accord Capital Markets Sub Broker made available through the Accord Capital Markets Franchise business models.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 50% – 70% |
| Security Deposit | Rs.50,000 – Rs.100,000 |
| Become Sub Broker in | 30 Days |
| Receive Payout in | 35 Days |
| Founder | Himanshu Anantray Ajmera |
| Established Year | 1994 |
Satisfy your curiosity about this company’s franchise model and also the charge it imposes on its customers here. You will come across a detailed review and explanation of every aspect of the company, in relation to the sub-brokers and the clients.
Accord Capital Markets Franchise – Customer Ratings
Clients and the sub brokers are to be made equally fascinated by the firm and its services if the existing plans are for the long term. Refer to the Accord Capital Markets Sub Broker and client rating to see the kind of impact this company has made on them.
| Customer Ratings | |
| Experience | 2.3/5 |
| Services | 2.4/5 |
| Products | 2.5/5 |
| Trading Platforms | 2.3/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.5/5 |
| Security Deposit | 2.4/5 |
| Offers | 2.4/5 |
| Market Share | 2.1/5 |
| Overall Ratings | 2.3/5 |
| Star Ratings | ★★★☆☆ |
Accord Capital Markets Customer Rating as studied by us results in an overall rating of 2.3 stars. Though this falls below the industry standard, there is a fair chance to make up for the race.
Overview of Accord Capital Markets Franchise / Sub Broker
The creator of Accord Capital Markets and its Franchise arm is Himanshu Anantray Ajmera. The company type is private and is headquartered in Kolkata since the year it came into existence in 1994. One of the older stock broking houses, Accord Capital Market has been a significant contributor to the entire country.
| Accord Capital Markets Overview | |
| Company Type | Private |
| Broker type | Full Service Broker |
| Headquarters | Kolkata |
| Founder | Himanshu Anantray Ajmera |
| Established Year | 1994 |
| SB Code Activation Time | 30 Days |
| Payout Time | 35 Days |
Closing up on the sub broker deal provided by the company, the Sub Broker Code Activation Time is of 30 days, whereas the Payout Time is 35 days. Designed to reach the quality industry standards is what drives the company ahead of most of its peers.
Become a Sub Broker with Accord Capital Markets – Just Fill up the form
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Accord Capital Markets Sub Broker – Business Models
Franchise options are some really great strategies that open up opportunities for the broking house and other individuals or entities. Follow-up has to be made according to the models made available, and as for the Accord Capital Markets, they have sub-broker and remisier models.
| Business Models | |
| Master Franchise | No |
| Sub Broker | Yes |
| Remisier | Yes |
| Referral Program | No |
Crafting up a business model is difficult but the Accord Capital Markets Sub Broker Business Model, alongside remisier model to the point and can be availed accordingly.
Accord Capital Markets Sub Broker / Authorised Person Model
- Sub Broker – This model is crafted for enterprises willing to invest in franchise models of business. Such an entity that would earn the sub broker code for the company Accord Capital Market will be permitted to deal with its products and services, likewise retaining a portion of revenue for itself.
Accord Capital Markets Remisier Model
- Remisier – This model is crafted for the betterment of individual enthusiasts, who will be given the responsibility of bringing leads to the company. There is no direct sale of goods or services done by remisier as it is with the sub-broker, but every lead which is converted into a customer will be rewarded.
Commission by Accord Capital Markets Sub broker
Revenue is often shaped in paid in accordance with the security deposit made. There is a direct relation between the Accord Capital Markets Franchise Revenue Sharing Model and security deposit which can be followed below, precisely.
| Revenue Sharing | |
| Master Franchise | NA |
| Sub Broker | 50% – 70% |
| Remisier | 20% |
| Referral Program | NA |
The range of revenue earned applies for the Sub broker model, where the minimum earning would be 50% assuredly, however the extremity of revenue if of 70%. This choice and variation are however not provided in the remisier as the possible return made would sum up to be 20% for the final.
Check out Revenue Sharing of other Sub Brokers
Accord Capital Markets Franchise Cost / Security Deposit
Kickstarting the business is easy for the Accord Capital franchise models. The process is well defined, and the steps end with the payment of the Accord Capital Markets Franchise Cost. The cost varies for both models and so does the income received.
| Security Deposit | |
| Master Franchise | NA |
| Sub Broker | Rs.50,000 – Rs.100,000 |
| Remisier | Rs.10,000 |
| Referral Program | NA |
For a quick overview of the security deposit, the company has surely minimized the franchise cost. There is flexibility in the deposit of sub broker, which ranges from Rs.50,000 – Rs.100,000. This does not apply to the remisier model, as the deposit to be paid is fixed at Rs.10,000.
Here are Security Deposit info of other Stock Broking Franchise
Accord Capital Markets Partner Infrastructure Requirement
Constructing a business requires gathering a lot of items, including manpower and infrastructure. Accord Capital Markets Infrastructure Requirement exists too, where a set benchmark in land, building, resources, and manpower is required to be set up.
| Infrastructure Requirement | |
| Office Area | Minimum 100 Sq Ft |
| Employee Strength | Minimum 1 |
| Research Services | No |
| Internet Connection | No |
| Trading Terminals | Yes |
| Telephone Lines | No |
Sub brokers would need to accumulate a host of items to build up a place of business they would be undertaking. Three requirements are all sub-brokers need to allude to and they are, an employee strength of 1, trading terminals and office are of Minimum 100 Sq Ft.
Accord Capital Markets Sub Broker Offers
Some franchise companies spare up a lot of offers for the sub-brokers, in an attempt to get the most of business from them. While some companies do not spare any kind of offers, there are two Accord Capital Markets Sub Broker Offers one can enjoy.
| Offers | |
| Zero Deposit | No |
| 10k Initial Deposit | Yes |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | No |
Business can be commenced with an initial deposit of 10k or so, which is a really great perk for the sub-brokers. Also, as discussed the revenue-sharing model is flexible, thereby giving you a chance to expand your revenue earning percentage.
Check out other companies Sub Broker Offers
Accord Capital Markets Franchise Support
Some of the broking houses like accounting for their sub brokers taking into account the way they start their business deals. Some cover all the aspect in support and some cover partial. Here is the Accord Capital Markets Franchise Support services information.
| Support | |
| Marketing Support | No |
| Back-Office Support | Yes |
| Trading Support | Yes |
| Advisory Support | Yes |
| Dealing Training | No |
| Acquisition Training | No |
| Product Training | No |
Marketing is commonly provided by a lot of franchisers and this is excluded here, for Accord Capital Markets. But, there are other support services the company provides, i.e. back office support, trading support, and lastly advisory support.
Accord Capital Markets Authorised Person – Brokerage Charges to Clients
Note the charges for all the instruments as they are to be duly paid and differ from each other. The company provides all types of investment options which are available in the market apart from Commodity and the Accord Capital Markets Brokerage Charges are illustrated below.
| Brokerage Charges to Clients | |
| Equity Delivery | 0.20% |
| Equity Intraday | 0.02% |
| Equity Futures | 0.02% |
| Equity Options | Rs.20 per Lot |
| Currency Futures | 0.02% |
| Currency Options | Rs.10 per Lot |
| Commodity | NA |
The most common of all instruments are Equity Intraday, Equity Futures, and Currency Futures which all have the same charge of 0.02%. Equity Delivery has a different and unique charge, i.e. of 0.20%. however, the other class of assets is Equity Options and Currency Options, which would demand a charge of Rs.20 per Lot and Rs.10 per Lot.
Accord Capital Markets Partner – Account Opening Charges to Clients
Charges are the rights of the stock broker house, and how much of a relaxation is provided is the company’s interest. According to the Accord Capital Markets interest the Accord Capital Markets Account Opening Charges are briefly given below.
| Account Opening Charges to Clients | |
| Demat AMC | Percentage of Transaction |
| Trading AMC | Free |
| Account Opening Charges | Rs.400 |
| Transaction Charges | 0.00315% |
| Margin Money | Zero Margin |
Designed charges actually go by the as follows, where there is no margin requirement whatsoever.
- The perks of the AMC are that there are literally no charges for the trading account, however, for the demat account they are the Percentage of Transactions.
- Every attempted and successfully commenced transaction charge are as 0.00315%.
- Account opening charges are Rs.400 for every account holder.
Benefits of Accord Capital Markets Partner Program
The assurity of dealing with a great company comes with the benefits it provides. If you haven’t already figured them all out, here is what you will have access to.
- Trading AMC is free of cost, and this is for a lifetime, also there is no margin requirement.
- The charges are applicable for every asset class as brokerage charges are quite cheap and affordable, leaving a greater proportion of profit to the holder.
- Support services and the offers provided by the company are well structured.
- The revenue sharing model is quite flexible and would suffice for the need of the franchisee.
Become a Sub Broker with Accord Capital Markets – Just Fill up the form
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