123 Capitals Sub Broker / Franchise / Authorised Person / Partner Review

Belonging to the widely popular fraternity of stock brokers, 123 Capitals has a wide number of 123 Capital Sub Broker under its hood, sprawling across the country. Investing with the 123 Capitals Franchise arm is your chance of making it big too.

Top Business ModelSub Broker
Revenue Sharing50% – 65%
Security DepositRs.100,000 – Rs.200,000
Become Sub Broker in21 days
Receive Payout in30 Days
FounderM. Chakkaravarthy, M. Abimanyu
Established Year2013

Wide range of financial service provider, 123 Capitals is being it to the top of the industry, with the little yet valuable experience it managed to acquire.

Every such criterion needed for investment with 123 Capitals Franchise, has been included here. You will find the revenue sharing model, eligibility, infrastructure, brokerage plans, charges and moreover business model of the company.

Franchise Review

123 Capitals Franchise – Customer Ratings

Experiences matters and know how the customers have rated 123 Capitals Sub Broker:

Customer Ratings
Experience3.10 / 5
Services3.30 / 5
Products3.10 / 5
Trading Platforms2.90 / 5
Support3.10 / 5
Revenue Sharing Model3.00 / 5
Security Deposit2.80 / 5
Offers2.90 / 5
Market Share3.10 / 5
Overall Ratings3.03 / 5
Star Ratings★★★☆☆

For a company which is fairly new to the industry, with a little experience, an overall 3.30 star rating is great. Customers call out for its services to be the best, in all terms, which has the highest rating of 3.30 stars.

Speaking of the 123 Capitals sub brokers, they seem fairly satisfied with the revenue sharing model, which has been given the third highest rating, 3.00 stars. Offers provided are good, but with a below 3 star threshold, can be improved.

Overview of 123 Capitals Franchise / Sub Broker

Speaking of the company details, here is what you must know about 123 Capitals Franchise:

123 Capitals Overview
Company TypePrivate
Broker typeFull Service Broker
HeadquartersERODE, TN
FounderM. Chakkaravarthy, M. Abimanyu
Established Year2013
SB Code Activation Time21 days
Payout Time30 Days

Built up in the year 2013, 123 Capitals is a privately owned stock market house, kick started by the founders M. Chakkaravarthy, M. Abimanyu. It is a full service stock broker, having its personal network of sub brokers and agents.

Sub brokers who wish to get associated with the company need to know the time they would require to become a 123 Capitals sub broker. The sub broker code activation time is given out as 21 days, while the payout time has be designated to as 30 days.

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    123 Capitals Sub Broker – Business Models

    Here are the ways in which you can choose to get associated with the company:

    Business Models
    Master FranchiseYes
    Sub BrokerYes
    Referral ProgramNo

    123 Capitals actually has 2 sub brokers programs on board with it, where it provides a wide range of benefits and revenue models. The two 123 Capitals Sub Brokers programs are:

    123 Capitals Master Franchise Model

    An individual or a company can become the master franchisee of the company. Such an individual or the business, will be imposed with the duty of regulating and taking care of the sub brokers and franchise activities of a particular territory.

    123 Capitals Sub Broker / Authorised Person Model

    This partnership is basically taken up by small companies, where the job of selling the products and services is delegated to the sub broker. A broking house would generally hand over its work to the sub broker, letting them trade the same with their client base. The amount bought in by the sub broker is then distributed among the sub broker and company as per the agreed terms.

    123 Capitals Sub broker Commission / Revenue Sharing

    Profit earning capacity granted by the firm, the 123 Capitals revenue sharing models is discussed below:

    Revenue Sharing
    Master Franchise70% – 75%
    Sub Broker50% – 65%
    Referral ProgramNA

    Amount of security deposit is demanded by the company, and based on the amount deposited, a final 123 Capitals revenue sharing model is agreed upon. The minimum and maximum percentage of revenue a Master franchise business can grant is 70% to 75%.

    On the contrary, a lower amount of profit is granted to the sub broker business model. Company getting into a pact of sub broker with the 123 Capitals is likely to earn revenue in between 50% to 65%. The final fixed percentage is dependent upon the amount of security deposited.

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    123 Capitals Franchise Cost / Security Deposit

    Security deposit is required to be done in order to avail for a business model. Find the attachment of 123 Capitals Franchise cost details:

    Security Deposit
    Master FranchiseRs.300,000 – Rs.500,000
    Sub BrokerRs.100,000 – Rs.200,000
    Referral ProgramNA

    The master franchise enthusiast can deposit anywhere near Rs.300,000 – Rs.500,000, with the stock broking company, whereas sub brokers need to pay a deposit in between Rs.100,000 – Rs.200,000. Proportionately the revenue sharing ratio will as well be determined.

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    123 Capitals Partner Infrastructure Requirement

    In order to be able to sign up for the business models, one has to contain these 123 Capitals Partner Infrastructure Requirements.

    Infrastructure Requirement
    Office AreaMinimum 300 Sq Ft
    Employee StrengthMinimum 7
    Research ServicesYes
    Internet ConnectionYes
    Trading TerminalsYes
    Telephone LinesYes

    Eligibility criteria go into the selection process of 123 Capitals Franchise programs, find out what the company asks for.

    • You will not be delegated with program until and unless you own an office area of Minimum 300 Sq Ft and employee strength of minimum 7.
    • One also needs to have access to Research Services.
    • Having internet connections, probably of high speed, trading terminals and also telephone lines is must.

    123 Capitals Sub Broker Offers

    Getting associated with the 123 Capitals has its own set of perks:

    Zero DepositNo
    10k Initial DepositNo
    Flexible Revenue SharingYes
    Flat Revenue SharingNo
    Zero Revenue Sharing with PrepaidNo

    Doors of 123 Capital offers will be open to you when you decide to be a sub broker:

    • Revenue sharing models for both the business models, aren’t rigid. You may negotiate with the company in terms of the sharing ratio and percentage.
    • The sharing ratios are quite high in all term, as compared to its peers.
    • Company will as well provide you a wide range of support systems, you will be benefited with.

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    123 Capitals Franchise Support

    Apart from being endorsed with the business, there are also wide ranges of 123 Capitals authorized person programs, for successful execution.

    Marketing SupportYes
    Back-Office SupportYes
    Trading SupportYes
    Advisory SupportYes
    Dealing TrainingYes
    Acquisition TrainingNo
    Product TrainingYes

    Individuals or business who opt for the master franchise or sub broker program with get a wide range of support from the company the company provides pretty good amount of marketing support, alongside back office support. Trading support and advisory support is as well provided by the company experts and can be availed.

    Sub brokers can also apply for the way clients dealing need to be done, and 123 Capitals will assist them duly. Information about the products presently included in the company and also the new ones, will be provided by the company, followed by training on the dealings.

    123 Capitals Authorised Person – Brokerage Charges to Clients

    Franchise clients will be levied with 123 Capitals brokerage as follows.

    Brokerage Charges to Clients
    Equity Delivery0.30%
    Equity Intraday0.03%
    Equity Futures0.03%
    Equity OptionsRs.30 per Lot
    Currency Futures0.03%
    Currency OptionsRs.20 per Lot

    The fixed sum of charges to be levied as 123 Capitals brokerage plans are:

    • Charge of Equity Intraday, Futures and Currency Futures, options, stand at 0.03% each.
    • Equity delivery will charge the clients a percentage of 0.30%
    • On the other end, the Equity options holders will have to pay 30 per Lot and the Currency Options holders will have to pay a fee of Rs.20 per Lot.

    123 Capitals Partner – Account Opening Charges to Clients

    Find below, the 123 Capitals account opening charges to clients:

    Account Opening Charges to Clients
    Demat AMCPercentage of Transaction
    Trading AMCFree or Rs.300 per Annum
    Account Opening ChargesRs.300
    Transaction Charges0.00295%
    Margin MoneyMinimum Rs.15,000

    People, who opt to open an account with 123 Capitals will have to pay a sum of Rs.300 followed by which a demat AMC and trading AMC is as well to be paid. The demat account holders will be asked to pay a percentage of transaction as the AMC, where the trading AMC is flexible, in between Free and Rs.300 per Annum.

    A minimum amount of Rs.15,000 is as well to be deposited by the account holders, to be able to start trading. And they holders will have to pay 0.00295% as transaction charges.

    Benefits of 123 Capitals Partner Program

    123 Capitals Partner Program is highly beneficial for the clients of the company and also the sub brokers.

    • They provide almost all the support and advisory facilities to the sub brokers, making it easy for the business to excel in the arena.
    • No minimum contract charges are imposed, including no special penny stock brokerage fee.
    • Calculator, platforms and a host of other benefits are provided by the company to the account holders.
    • The brokerage plans are low and so there is no upfront commitment fee.

    Become a Sub Broker with 123 Capitals – Just Fill up the form

      Become a Sub Broker
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