One of the prominent players in the stock broking industry is Acemoney. You will find a well-set and structured Acemoney Sub Broker all across the country. Opting for the Acemoney Franchise is on the bright side, as it is a great opportunity of working for this remarkable stock broking house.
|Top Business Model||Sub Broker|
|Revenue Sharing||50% – 70%|
|Security Deposit||Rs.50,000 – Rs.100,000|
|Become Sub Broker in||14 Days|
|Receive Payout in||31 Days|
|Founder||Ravee Rraj Jain|
Expect to find all the monetary information in this article, about the sub-broker models provided by the company and also the client charges. A quick read-up will let you know a lot about the company and will also help to weigh in on the possible outcome of your consideration.
Acemoney Franchise – Customer Ratings
Evaluating past experience, one can draw a conclusion or at least an estimation of the client services and the Acemoney Sub Broker services. Each of the arena ratings has been briefly provided in the table given below, to ensure the aspirant knows of each aspect individually.
|Revenue Sharing Model||3.5/5|
Such a stabilized customer rating is rarely to be found. This Acemoney Customer Rating says the company is actually performing quite well through a good 2.9-star overall rating. However, the sub-brokers praise the company’s revenue-sharing model the most, as it has the highest of all ratings 3.5.
Overview of Acemoney Franchise / Sub Broker
This stock broking company is a private organization that was founded by Ravee Rraj Jain. The idea of the Acemoney Franchise emerged later with a view of expansion. Based in New Delhi, this company is one of the most reputed and trusted stock broking companies.
|Broker type||Full Service Broker|
|Founder||Ravee Rraj Jain|
|SB Code Activation Time||14 Days|
|Payout Time||31 Days|
Passing on the idea of a franchise, the company has marked a Sub Broker Code Activation Time of 14 days and Payout Time of 31 Days for the sub-brokers. An experienced stock broking firm like this is a great investment for the sub brokers and also the individual investors.
Become a Sub Broker with Acemoney – Just Fill up the form
Compare Sub Broker Franchise
Acemoney Sub Broker – Business Models
Franchise models have become a pretty good consideration for newly forming businesses. Availing of a ready-made plan would actually work as it spares one from the hassle of starting from the first brick put into the building of a big infrastructure.
As displayed above, Acemoney Sub Broker Business Model and the master franchise business are the two models provided by the company.
Acemoney Master Franchise Model
In this model, the responsibility of a particular territory and all the franchise activities which happen in the particular territory will be delegated to the franchisee. Regulation and execution are the franchisee’s responsibility and as it is higher, so are they entitled to a greater share in the revenue.
Acemoney Sub Broker / Authorised Person Model
This model is meant for entities that are in search of a business plan and have chosen to enter the franchise business. they will be given the right to sell the brokering house’s products and services, from which they will be given a fair share of the revenue.
Acemoney Sub broker Commission / Revenue Sharing
The Acemoney Franchise Revenue Sharing Model is directly in relation to the security deposit amount. If you manage to cater and contribute a greater deposit of money, you will probably be able to earn a higher percentage of revenue or vice versa.
|Master Franchise||72% – 80%|
|Sub Broker||50% – 70%|
Sharing the revenue with the franchiser is the way how the franchise business works. But, the perk is that you will be entitled to a higher percentage of revenue. We have the options of master and sub-broker, and the percentage for the former is 72% – 80%, whereas the percentage for the latter is 50% – 70%.
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Acemoney Franchise Cost / Security Deposit
Assuming you further wish to go for the models of the company and wish to know the security deposit required, here are the insights on the Acemoney Franchise Cost. You will find the minimum and the maximum requirement of the deposit in the form of security.
|Master Franchise||Rs.200,000 – Rs.500,000|
|Sub Broker||Rs.50,000 – Rs.100,000|
As the company provides 2 options for the franchise, you may choose to go for either one of them, after paying a sufficient amount of security deposit. You will be required to pay a deposit of between Rs.50,000 – Rs.100,000 for the sub-broker model and Rs.200,000 – Rs.500,000 for the master franchise model.
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Acemoney Partner Infrastructure Requirement
Know the requirements to sort and arrange for them and be termed as eligible. Acemoney Infrastructure Requirement is the prime requirement, while all the there are secondary, but are all mandatory to be followed to successfully form sub broker contract.
|Office Area||Minimum 250 Sq Ft|
|Employee Strength||Minimum 2|
Not all the requirements are necessary to enter the franchise business with Acemoney. If you manage to have a Minimum of 250 Sq Ft of office area, a minimum of 2 employee strength, research services, and telephone lines, you will be eligible to go for the franchise business of Acemoney.
Acemoney Sub Broker Offers
The greater the number of offers presented, the higher will be the performance portrayed by the sub-broker. This way good efficiency levels can be reached using the Acemoney Sub Broker Offers structure, which is two for this particular company.
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||Yes|
The idea is to create levels of efficiency and well-earned clients, who would stick with the company for a long. In an attempt to encourage the sub-brokers to work accordingly, the company provided them with the offers of flexible revenue sharing and also zero revenue sharing with prepaid.
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Acemoney Franchise Support
Draw your accountability to the firm and your clients, but the company will surely hold your hand up to an extent by lending on Acemoney Franchise Support services. Here is what you will be provided from the company’s end.
Support extension is a good step, where the sub-brokers will know the rightful ways of earning leads and clients. To support the sub-brokers with the same, Acemoney provides support services of the back office, trading, and advisory to the franchisees.
Acemoney Authorised Person – Brokerage Charges to Clients
This company provides a lot of verified investment options that customers can choose from. All of the instruments provide different functions and have different elements included among them. For all of them, the Acemoney Brokerage Charges differ as well.
|Brokerage Charges to Clients|
|Equity Options||Rs.20 per Lot|
|Currency Options||Rs.30 per Lot|
As the table depicts Equity Intraday, Equity Futures, Currency Futures, and Commodities all have the same charge, which is 0.03%. The Equity Delivery differs a bit which is 0.33%. However, the Equity Options and the Currency Options altogether have different charges of Rs.20 per Lot and Rs.30 per Lot.
Acemoney Partner – Account Opening Charges to Clients
Time to observe the client’s obligation towards the company, if they would sign for holding an account. Acemoney Account Opening Charges of Rs.250 all which go to the company which opened the account. It is a one-time fee, and to be paid only at the time of opening of the account.
|Account Opening Charges to Clients|
|Demat AMC||Percentage of Transaction|
|Trading AMC||Rs.300 per Annum|
|Account Opening Charges||Rs.250|
|Margin Money||Minimum Rs.5,000|
Nominal charges are a choice and Acemoney opted for it, safeguarding the interest of the holders. The margin requirement is as low as it can get, where the figures are a Minimum of Rs.5,000. The AMC for both the accounts is, Percentage of Transaction for demat and Rs.300 per Annum for the trading.
Benefits of Acemoney Partner Program
Brace yourself and stick with the company because it provides a lot of benefits to the clients and the franchise owners.
- Charges for opening an account have been set up to be minimal, whereas other houses go up to Rs.600 – 700. So is the margin requirement less, standing at Rs.5,000.
- Enjoying a host of support services is possible with this stock broking house, if you are its franchisee, and opted for one of the business models.
- Brokerage charges are minimal as well, where no high amounts of payments are accepted.
- The revenue-sharing model is flexible for sub broker model as well as the master franchise model.
Become a Sub Broker with Acemoney – Just Fill up the form
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