ACK Capital Sub Broker / Franchise / Authorised Person / Partner Review

List of renowned stock broking houses grew up a unit, when ACK Capital entered the industry. ACK Capital Sub Broker is a structured business model which is designed by the house and successfully spread across the country. ACK Capital Franchise can be opted for and the must knows are accounted to in this article.

Top Business ModelSub Broker
Revenue Sharing60% – 75%
Security DepositRs.50,000 – Rs.200,000
Become Sub Broker in31 Days
Receive Payout in33 Days
FounderFalguni Sunil Kamdar
Established Year1994

Sub brokers or the clients are openly welcome into the firm, and while we aim mostly at the sub broker business model in this context, we have also included the statistics in relation with the clients. Find all the information combined together, in one place here.

Franchise Review

ACK Capital Franchise – Customer Ratings

Service being granted or granted in the past to the ACK Capital Sub Broker and the clients contain the insights of how this firm works. So, here is the feed of such information, through the rating they have given.

Customer Ratings
Trading Platforms2.6/5
Revenue Sharing Model2.4/5
Security Deposit2.7/5
Market Share2.5/5
Overall Ratings2.6/5
Star Ratings★★★☆☆

ACK Capital Customer Rating is on overall basis for both the clients and the sub broker. The overall is 2.6 star, which is of average in nature, however the possibility of rise in future can be witnessed clearly.

Overview of ACK Capital Franchise / Sub Broker

The ACK Capital, which owns the ACK Capital Franchise model, debuted at the stock broking industry in the year 1994. Credits for all the services rendered and the growth of the firm is directed to the founder, who goes by the name Falguni Sunil Kamdar.

ACK Capital Overview
Company TypePrivate
Broker typeFull Service Broker
FounderFalguni Sunil Kamdar
Established Year1994
SB Code Activation Time31 Days
Payout Time33 Days

Briefing the Sub Broker Code Activation Time and Payout Time, they are 31 days and 33 days simultaneously, lesser than what other competitors offer. Full service brokers list got better with ACK Capital which is based out from Mumbai, and is a private organization.

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ACK Capital Sub Broker – Business Models

Most popular business model of this stock broker is sub broker, however, it is not the only business model made available to the public. They also offer the second most sought out franchise business model, i.e. remisier. Both the models are briefly explained further.

Business Models
Master FranchiseNo
Sub BrokerYes
Referral ProgramNo

Two of the commonly found models are barred; however, you will find ACK Capital Sub Broker Business Model and the remisier model here.

ACK Capital Sub Broker / Authorised Person Model

Here is the deal with this model, the franchisee will have the rights to work with this ACK Capital’s name and sell its products and services to its personal client base it has built or will build across the future time frame. The reward will be a higher share in revenue generated.

ACK Capital Remisier Model

So, this is generally an individual program, where the person will have to produce leads to the company. Upon conversion of leads into clients, the remisier will get a commission. There is not direct sale of products or services done by the remisier.

ACK Capital Sub broker Commission / Revenue Sharing

Magnitude of returns from the ACK Capital Franchise Revenue Sharing Model is rather high, as compared to the other franchise facilitating stock brokers. As for the two types of business provisions the stock broker grants, here are the percentage of revenue they shall be entitled to.

Revenue Sharing
Master FranchiseNA
Sub Broker60% – 75%
Referral ProgramNA

Referral program and master franchise are excluded for this stock broker’s business model. The sub broker of this firm will however be earning a percentage of profits say between 60% – 75%, which is more than what other brokers offers. However, the remisier entitlement is 20%, which is stable and fixed and also likewise other broker’s structure.

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ACK Capital Franchise Cost / Security Deposit

Note down the ACK Capital Franchise Cost, for both the business models. As the broker provides only the sub broker and the remisier model, you will find statistics of both the models. The deposit for the sub brokers is customizable. However of the remisier, it is not.

Security Deposit
Master FranchiseNA
Sub BrokerRs.50,000 – Rs.200,000
Referral ProgramNA

If the security deposit made goes us, the revenue provided in return goes up as well. This is well featured in the sub broker model where the deposit required is Rs.50,000 – Rs.200,000. Make a choice and invest accordingly, but for the remisier program, the deposit is rigid at Rs.25,000.

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ACK Capital Partner Infrastructure Requirement

Owning or rent a place depends upon the sub broker but there sure is a ACK Capital Infrastructure Requirement. Other requirements are as well made available which are to be followed by the franchisees. Consider it as an eligibility criterion to have these requirements.

Infrastructure Requirement
Office AreaMinimum 100 Sq Ft
Employee StrengthMinimum 1
Research ServicesNo
Internet ConnectionNo
Trading TerminalsNo
Telephone LinesYes

First criteria are an office area of Minimum 100 Sq Ft, and then employee strength of minimum 1. The last requirement is the availability of telephone lines. These requirements are the minimum range, however they can be taken up s per the personal interest of the franchisee.

ACK Capital Sub Broker Offers

Common ACK Capital Sub Broker Offers being granted to the sub brokers and the remisier are as follows. If a firm or the individual will be chosen to be granted a franchise model, they will also be served with the offers as stated below.

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

Table features the list of offers which stock brokers generally provide the franchisees, and the ones which are availed by ACK Capital. Ponder over the thoughts of choose your franchise partner as this broking house provides flexible revenue sharing and also flat revenue sharing.

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ACK Capital Franchise Support

Support services would level up the existing knowledge and expertise of the sub brokers with the levels required by the stock broking firm. This ACK Capital Franchise Support service tactic is to make the most out of the sub brokers of the company.

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

You might now find all the support services here, but we assure you, the ones ACK Capital provides is enough to get and create good business deals. Pin pointing the support extension, you will find back office support, trading support and advisory support with this stock broker.

ACK Capital Authorised Person – Brokerage Charges to Clients

We have included the percentage of ACK Capital Brokerage Charges below, and if you take a sneak peak at them, you will encounter the low prices set by the broker. The prices are firstly economic and secondly customizable as the percentage ranges.

Brokerage Charges to Clients
Equity Delivery0.1% – 0.2%
Equity Intraday0.01% – 0.02%
Equity Futures0.01% – 0.02%
Equity OptionsRs.10 – Rs.20 per Lot
Currency Futures0.01% – 0.02%
Currency OptionsRs.7 – Rs.10 per Lot
Commodity0.01% – 0.02%

Weighing in the brokerage charges of the firm, here is what you will have to pay, for the diverse financial instruments you would choose:

  • 4 of the financial instrument you would avail for have the same set of brokerage charge. They are Equity Intraday, Equity Futures, Currency Futures and commodity, and their charges are 0.01% – 0.02%.
  • Equity delivery will however cost you more than what the above items would cost, i.e. 0.1% – 0.2%.
  • Remaining are the options, where Equity Options would cost Rs.10 – Rs.20 per Lot and Currency Options would cost Rs.7 – Rs.10 per Lot.

ACK Capital Partner – Account Opening Charges to Clients

ACK Capital Account Opening Charges are to be borne by the clients who wish to become an ACK Capital client. Also, the other set of charges directed towards the clients are mentioned below, where the margin money to be maintained in the account is set to be Minimum Rs.1,000.

Account Opening Charges to Clients
Demat AMCPercentage of Transaction
Trading AMCRs.300 per Annum
Account Opening ChargesRs.300
Transaction Charges0.00290%
Margin MoneyMinimum Rs.1,000

Opening an account is easy, as we now have the online account opening process, but the fee of Rs.300 stands valid for either of the medium opted.

Furthermore, there lies an AMC for both demat and trading account. The demat AMC depends, however the Trading AMC is fixed at Rs.300 per Annum. Transaction charge is applicable as well, which is 0.00290%.

Benefits of ACK Capital Partner Program

Resolving the issues which have been faced by the clients and sub brokers of the company, ACK Capital has made some great amendments to its working structure and benefits are all left now.

  • What makes investing with this firm likely is the low margin maintenance, as the burden of having the huge margin all the time is almost nonexistent.
  • Brokerage fees are customizable, which makes it a plus point for the clients.
  • Low security deposit and good support services sum up the program of sub brokers as a whole.
  • Flexible and rather higher revenue sharing model tops the list of benefit for the sub brokers.

Become a Sub Broker with ACK Capital – Just Fill up the form

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