Summarizing all the aspects of Affinity Securities Sub Broker, we have managed to come up with an article that provides the needful information. The Affinity Securities Franchise is put together in this article, the business plans provided by one of the prominent stock broker of the industry.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 60% – 75% |
| Security Deposit | Rs.50,000 – Rs.200,000 |
| Become Sub Broker in | 28 Days |
| Receive Payout in | 31 Days |
| Founder | Manish Chandak |
| Established Year | 2010 |
The broking house has sorted all of its services and business models, framing a uniform range of payments and rewards. Establish a working business connection with this company either by transforming as its sub-broker, or its client using the information given in this article.
Affinity Securities Franchise – Customer Ratings
Let us walk over the Affinity Securities Sub Broker and client rating, to know how the company is performing and what can be expected from it in the future.
| Customer Ratings | |
| Experience | 2.7/5 |
| Services | 2.3/5 |
| Products | 2.4/5 |
| Trading Platforms | 2.3/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.5/5 |
| Security Deposit | 2.5/5 |
| Offers | 2.6/5 |
| Market Share | 2.3/5 |
| Overall Ratings | 2.5/5 |
| Star Ratings | ★★★☆☆ |
The Affinity Securities Customer Rating has touched the exact average rating required to have a pretty stable demand in the industry. The overall rating is 2.5, while the best aspect of the house is the experience provided to the customers.
Overview of Affinity Securities Franchise / Sub Broker
The company was launched in the year 2010, as a private establishment in Kolkata city of West Bengal. The Affinity Securities Franchise was launched later on with the view of generating as many returns and increasing clients to transform the company into a good establishment firm.
| Affinity Securities Overview | |
| Company Type | Private |
| Broker type | Full Service Broker |
| Headquarters | Kolkata |
| Founder | Manish Chandak |
| Established Year | 2010 |
| SB Code Activation Time | 28 Days |
| Payout Time | 31 Days |
The significance of the sub-broker has been well associated with emerging of new client base for the company, for which a sub-broker code is provided. The Sub Broker Code Activation Time of the same is 28 days, and the Payout Time is expected to be 31 days, quite lesser as compared to the peers.
Become a Sub Broker with Affinity Securities – Just Fill up the form
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Affinity Securities Sub Broker – Business Models
Know what all opportunities you have with Affinity Securities to emerge as their business partner, and carry some fruitful business operations. We have put up all the necessary information in the following paragraph and sub topics.
| Business Models | |
| Master Franchise | No |
| Sub Broker | Yes |
| Remisier | No |
| Referral Program | No |
Only one model is provided by the company which is the Affinity Securities Sub Broker Business Model, which has a great deal of designated benefits.
Affinity Securities Sub Broker / Authorised Person Model
Entities will be the most benefited with this model. A dealership right will be provided to such established sub-brokers, which will be performing business activities under the stock broking house’s trademark. The reward will be a greater retaining ratio in the profit.
Affinity Securities Sub broker Commission / Revenue Sharing
The Affinity Securities Franchise Revenue Sharing Model is one of the prime considerations when opting for a particular stock broking house’s franchise model. Rigid or flexible, the model of revenue sharing has quite an effect on the overall business agreement.
| Revenue Sharing | |
| Master Franchise | NA |
| Sub Broker | 60% – 75% |
| Remisier | NA |
| Referral Program | NA |
As the company provides only the sub-broker model, the revenue sharing is related to only this one model. The least amount of profit, as in the base percentage that can be retained is 60%, an increased percentage to 50% which is what other firms offer. Also, the maximum retaining can go up to a percentage of 75%.
Check out Revenue Sharing of other Sub Brokers
Affinity Securities Franchise Cost / Security Deposit
Security cost is referred to as the Affinity Securities Franchise Cost, where an amount is paid to the company which offers the business model or the opportunity. A contract is further emerged on the basis of the money paid and is also the determinant of the revenue percent thereby earned.
| Security Deposit | |
| Master Franchise | NA |
| Sub Broker | Rs.50,000 – Rs.200,000 |
| Remisier | NA |
| Referral Program | NA |
The greater the contribution you can afford, the greater will be the revenue entitlement signed up for you. So, if you make the least threshold of the security deposit, i.e. Rs.50,000, you will be entitled to a lesser share in the percentage of revenue.
However, if you go above it, till the maximum threshold of Rs.200,000, you will likewise be given a greater revenue percentage.
Here are Security Deposit info of other Stock Broking Franchise
Affinity Securities Partner Infrastructure Requirement
Some fixed requirements are necessary to carry out business. the first of Which is the Affinity Securities Infrastructure Requirement, which is of Minimum 100 Sq Ft to be used as the new office area of the thereby newly constructed agreement.
| Infrastructure Requirement | |
| Office Area | Minimum 100 Sq Ft |
| Employee Strength | Not Mandatory |
| Research Services | Yes |
| Internet Connection | Yes |
| Trading Terminals | Yes |
| Telephone Lines | Yes |
Some of the other requirements are the Research services to be provided to the new clients, strong internet services, trading terminals help, and also telephone lines, all directed towards the new clients of the enterprises.
Affinity Securities Sub Broker Offers
The kind of business model offering made provides a basis for the offers included in the business models. Likewise, the Affinity Securities Sub Broker Offers consist of only one below-mentioned offer.
| Offers | |
| Zero Deposit | No |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | No |
Since the company provides only the sub-broker models; the offer is as well aimed at the betterment and encouraging basis of the sub-brokers. There is a flexible provision in the revenue sharing model, which makes it easy on the sub-brokers, as it is tied with the security deposit.
Check out other companies Sub Broker Offers
Affinity Securities Franchise Support
Support services provided by the stock broking houses are like a backbone to the sub-brokers, which helps them lay a foundation on the soil they are emerging. The same kind of Affinity Securities Franchise Support is provided in the following ways.
| Support | |
| Marketing Support | No |
| Back-Office Support | Yes |
| Trading Support | Yes |
| Advisory Support | No |
| Dealing Training | No |
| Acquisition Training | No |
| Product Training | No |
You will be provided with back-office support from the clients, and trading support will as well be provided to you if you opt for the business model. This would be done before the delegation of the business activities is done.
Affinity Securities Authorised Person – Brokerage Charges to Clients
While we have included all the sub-broker charges and benefits, it is time we focus on the Affinity Securities Brokerage Charges. This is for the insights of the clients, who are in a quest to select the best and most trustable stock broking house.
| Brokerage Charges to Clients | |
| Equity Delivery | 0.50% |
| Equity Intraday | 0.05% |
| Equity Futures | 0.05% |
| Equity Options | Rs.50 per Lot |
| Currency Futures | 0.05% |
| Currency Options | Rs.25 per Lot |
| Commodity | 0.05% |
Note down the charges per financial instrument.
- You can remember the class of instrument, as the ones which have the same brokerage charge of 05% and they are Equity Intraday, Equity Futures, Currency Futures, and Commodity.
- The second item would be the most popular of all instruments, which has a charge of 0.50%.
- For the final are Equity Options and Currency Options with charges of Rs.50 per Lot and Rs.25 per Lot.
Affinity Securities Partner – Account Opening Charges to Clients
Note down the Affinity Securities Account Opening Charges you will have to pay, if you do aim at becoming their clients and are draw towards the quality services they provide.
| Account Opening Charges to Clients | |
| Demat AMC | Percentage of Transaction |
| Trading AMC | Rs.200 per Annum |
| Account Opening Charges | Zero |
| Transaction Charges | 0.00300% |
| Margin Money | Minimum Rs.1,000 |
Starting with the account opening charges, the company has totally decided to waive the opening charges. The margin requirement is Rs.1,000 which has to be maintained at all times. The other charges are transaction charges of 0.00300%, demat AMC of Percentage of Transaction, and trading AMC of Rs.200 per Annum.
Benefits of Affinity Securities Partner Program
Featured below are the benefits you will find in either of the cases, i.e. you become the client of the company or for instance the sub broker:
- No account opening charge, while trying to avail of a demat and trading account with the company.
- Low brokerage charges to be paid, thereby cutting off the expenses incurred along the trading activities performed through the company.
- The revenue sharing model is quite flexible, where you may invest what you got and earn similar revenue on the business showed.
- Support basis is provided by the company, which makes it easy for the sub-brokers to commence business trades.
Become a Sub Broker with Affinity Securities – Just Fill up the form
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