A benchmark of excellence can be attained when a company provides likewise services, and it is exactly what is done by the Ajcon Global Services Sub Broker. The Ajcon Global Services Franchise services are spread across the nation, granting all kinds of effective management ideas.
Summary | |
Top Business Model | Sub Broker |
Revenue Sharing | 50% – 70% |
Security Deposit | Rs.50,000 – Rs.100,000 |
Become Sub Broker in | 27 Days |
Receive Payout in | 30 Days |
Founder | Ashok Ajmera Kumar, Anuj Ajmera Ashok |
Established Year | 1986 |
Strong opinions on this company can be formed by the end of the article, where we have tried to cover all the essential aspects. This article is highly beneficial for all the clients and the sub brokers out there, who are in search of related insights and information.
Ajcon Global Services Franchise – Customer Ratings
Looking up at the customer reviews will show the constructed path of the stock broker Ajcon Global. Ajcon Global Services Sub Broker and clients have shared the analysis of their personal experience and we are here to provide you the same, as per every aspect particularly.
Customer Ratings | |
Experience | 2.5/5 |
Services | 2.6/5 |
Products | 2.7/5 |
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 | ★★★☆☆ |
Zooming up on the overall Ajcon Global Services Customer Rating, the customer’s and sub-broker’s rating put together makes it an average house. The overall is 2.5 stars, whereas the most loved part of the company is the products offered.
Overview of Ajcon Global Services Franchise / Sub Broker
Noting down the overview of the Ajcon Global Services Franchise, here is what you need to know about this full-service broker. It is a public stock broking company, set up in Mumbai, which hails as its headquarters. The credit for the entire setup goes to the founders of the company Ashok Ajmera Kumar, and Anuj Ajmera Ashok.
Ajcon Global Services Overview | |
Company Type | Public |
Broker type | Full Service Broker |
Headquarters | Mumbai |
Founder | Ashok Ajmera Kumar, Anuj Ajmera Ashok |
Established Year | 1986 |
SB Code Activation Time | 27 Days |
Payout Time | 30 Days |
Denoting the information needed by the sub-brokers, the Sub Broker Code Activation Time lent out is 27 days. While the expected Payout Time is only 30 days. Further, the company is performing exceptionally, in hand with the experience, it managed to acquire, since 1986, when it was established.
Become a Sub Broker with Ajcon Global Services – Just Fill up the form
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Ajcon Global Services Sub Broker – Business Models
Choice of business models is greatly provided by this stock broking house, where no one, rather three business models are provided. This company offers three franchise programs to people and entities who wish to invest in a business plan which would take over.
Business Models | |
Master Franchise | Yes |
Sub Broker | Yes |
Remisier | Yes |
Referral Program | No |
The most popular of all models being the Ajcon Global Services Sub Broker Business Model, the company provides a master franchise model and also remisier model.
Ajcon Global Services Master Franchise Model
The control of a territory will be granted to enterprises who avail for this model, where the responsibility of taking care of the territory’s entire franchise operations is imposed on them.
Ajcon Global Services Sub Broker / Authorised Person Model
In this model, the entities will be allowed to carry the franchiser’s business and products further, by selling their goods and services, under their trademark. If you wish to know the return, it is a greater proportion of profit.
Ajcon Global Services Remisier Model
This is a rather individual scheme, where the agents, as in the remisiers will have to fetch in leads to the company. They are not indulged in the direct selling of products and services.
Ajcon Global Services Sub broker Commission / Revenue Sharing
The three business models provided by the company, have all different Ajcon Global Services Franchise Revenue Sharing Models. The percentage is decreasing, for the operations, and the responsibilities are also reduced up to an extent, and the percentage is the justice provided.
Revenue Sharing | |
Master Franchise | 70% – 85% |
Sub Broker | 50% – 70% |
Remisier | 20% |
Referral Program | NA |
The master franchise would provide the concerned franchisee a retaining percentage of 70% – 85%, from the profits earned. Then, the sub brokers of the company will be entitled to revenue of 50% – 70%. However, the remisier model has a fixed sharing percentage, which is 20%.
Check out Revenue Sharing of other Sub Brokers
Ajcon Global Services Franchise Cost / Security Deposit
The deposit also referred to as the Ajcon Global Services Franchise Cost, is needed for all three available business models. The master franchise and sub-broker models have a flexible security deposit rate, however, for the remisier the contribution to be made is fixed.
Security Deposit | |
Master Franchise | Rs.200,000 – Rs.300,000 |
Sub Broker | Rs.50,000 – Rs.100,000 |
Remisier | Rs.10,000 |
Referral Program | NA |
Pointing out the master franchise security deposit requirement, one would need an amount between Rs.200,000 – Rs.300,000. For the sub-broker model, the deposit range is in between Rs.50,000 – Rs.100,000. The fixed amount to be paid by the remisier is Rs.10,000.
Here is Security Deposit info of other Stock Broking Franchise
Ajcon Global Services Partner Infrastructure Requirement
Some orders and requirements are necessary for incorporating a sub-brokership, and they include the Ajcon Global Services Infrastructure Requirement. There are also a another host of services required by the firm and they are mentioned below.
Infrastructure Requirement | |
Office Area | Minimum 200 Sq Ft |
Employee Strength | Minimum 2 |
Research Services | Yes |
Internet Connection | Yes |
Trading Terminals | No |
Telephone Lines | Yes |
The first and foremost requirement is the office area which shall be around a Minimum of 200 Sq Ft, and then the further requirement is of minimum of 2 employees’ strength. Among others are Research Services, internet connection and lastly telephone line.
Ajcon Global Services Sub Broker Offers
Enable and know which all Ajcon Global Services Sub Broker Offers are provided by the company. This list is rather big if a comparison is drafted on the basis of the number of offers granted.
Offers | |
Zero Deposit | No |
10k Initial Deposit | Yes |
Flexible Revenue Sharing | Yes |
Flat Revenue Sharing | No |
Zero Revenue Sharing with Prepaid | Yes |
As the company provides most of the business models, so the offers granted by the company are many as well. The first offer provided is the 10k initial deposit, then a flexible revenue-sharing model is also provided. At last, the company has also given the offer of zero revenue sharing with prepaid.
Check out other companies Sub Broker Offers
Ajcon Global Services Franchise Support
Fetch the best of services from the company, as they also got your back while you execute their business operations. The kinds of Ajcon Global Services Franchise Support facilitated by the company are given below in the table, for your convenience.
Support | |
Marketing Support | Yes |
Back-Office Support | Yes |
Trading Support | Yes |
Advisory Support | Yes |
Dealing Training | Yes |
Acquisition Training | Yes |
Product Training | Yes |
The table is actually great to look at, as there are only a few broking houses that provide all support services, and Ajcon is one of them. they provide Marketing Support, Back-Office Support, Trading support, advisory support, dealing training, acquisition training, and also product training.
Ajcon Global Services Authorised Person – Brokerage Charges to Clients
Here is the idea of various other instruments being offered and the Ajcon Global Services Brokerage Charges tagged to them. You will find all the charges, almost economic, and each of the instruments you opt for have to be paid a brokerage charges.
Brokerage Charges to Clients | |
Equity Delivery | 0.35% |
Equity Intraday | 0.04% |
Equity Futures | 0.04% |
Equity Options | Rs.75 per Lot |
Currency Futures | 0.04% |
Currency Options | Rs.50 per Lot |
Commodity | NA |
Most of the instruments provided by this company have similar brokerage amounts of 0.04%, and they are Equity Intraday, Equity Futures, and Currency Futures. Equity Delivery, however, has a charge of 0.35%, while the other remaining instruments Equity Options, and Currency Options have charges of Rs.75 per Lot and Rs.50 per Lot.
Ajcon Global Services Partner – Account Opening Charges to Clients
Open an account with this company and you shall be entitled to all the benefits it provides with just one time Ajcon Global Services Account Opening Charges payment of Rs.250. also, the perk of margin account maintenance will be on your end, which is just Rs.1,000.
Account Opening Charges to Clients | |
Demat AMC | Percentage of Transaction |
Trading AMC | Rs.399 per Annum |
Account Opening Charges | Rs.250 |
Transaction Charges | 0.00325% |
Margin Money | Minimum Rs.1,000 |
Next set of charges which would come your way while investing and grading are the transaction charge of 0.00325% and an account maintenance charge. The AMC is applicable for both the trading and demat account individually. The AMC of the trading account is Rs.399 per Annum, and for demat is the Percentage of the Transaction.
Benefits of Ajcon Global Services Partner Program
Here is to call out the benefits provided by the company after drafting this entire article. We have managed to gather a bunch of benefits provided to clients as well as the sub-brokers.
- No support services are excluded from the list, therefore, Ajcon Global Services provides all kinds of support to the sub-broker, letting them excel.
- The account opening charges, though not nil, are quite low as compared to other stock broking houses out there in the industry.
- The minimum balance to be maintained by the account holders is quite low, therefore quite a deal it is.
- Both reminders and the sub-brokers are given a free choice as the security deposit to be made and the revenue sharing model is flexible.
Become a Sub Broker with Ajcon Global Services – Just Fill up the form
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