Ajcon Global Services Sub Broker / Franchise / Authorised Person / Partner Review

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 kind of effective management ideas.

Top Business ModelSub Broker
Revenue Sharing50% – 70%
Security DepositRs.50,000 – Rs.100,000
Become Sub Broker in27 Days
Receive Payout in30 Days
FounderAshok Ajmera Kumar, Anuj Ajmera Ashok
Established Year1986

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 the related insights and information.

Franchise Review

Ajcon Global Services Franchise – Customer Ratings

Looking up to 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
Trading Platforms2.3/5
Revenue Sharing Model2.5/5
Security Deposit2.5/5
Market Share2.3/5
Overall Ratings2.5/5
Star Ratings★★★☆☆

Zooming up on the overall Ajcon Global Services Customer Rating, the customers and sub broker’s rating put together makes it an average house. The overall is 2.5 star, 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 Ajcon Global Services Franchise, here is what you need to know of 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 set up, goes to the founders of the company Ashok Ajmera Kumar, Anuj Ajmera Ashok.

Ajcon Global Services Overview
Company TypePublic
Broker typeFull Service Broker
FounderAshok Ajmera Kumar, Anuj Ajmera Ashok
Established Year1986
SB Code Activation Time27 Days
Payout Time30 Days

Denoting the information need of 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 exceptional, in hand with the experience it managed to acquire, since 1986, when it was established.

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Ajcon Global Services Sub Broker – Business Models

Choice of business models are greatly provided by this stock broking house, where no one, rather three business models are provided. This company offers three franchise programs to the people and entities who wish to invest in a business plan which would take over.

Business Models
Master FranchiseYes
Sub BrokerYes
Referral ProgramNo

The most popular of all models being the Ajcon Global Services Sub Broker Business Model, the company provides 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 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 Franchise70% – 85%
Sub Broker50% – 70%
Referral ProgramNA

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 a revenue of 50% – 70%. However, the remisier model has a fixed sharing percentage, which is 20%.

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Ajcon Global Services Franchise Cost / Security Deposit

Deposit also referred to as the Ajcon Global Services Franchise Cost, is needed for all the 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 FranchiseRs.200,000 – Rs.300,000
Sub BrokerRs.50,000 – Rs.100,000
Referral ProgramNA

Pointing out the master franchise security deposit requirement, one would need an amount in 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.

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Ajcon Global Services Partner Infrastructure Requirement

Some order and requirements are necessary for incorporating a sub brokership, and they include the Ajcon Global Services Infrastructure Requirement. There are also a other host of services required by the firm and they are mentioned below.

Infrastructure Requirement
Office AreaMinimum 200 Sq Ft
Employee StrengthMinimum 2
Research ServicesYes
Internet ConnectionYes
Trading TerminalsNo
Telephone LinesYes

The first and foremost requirement is the office area which shall be around Minimum 200 Sq Ft, and then the further requirement is of minimum 2 employees’ strength. Among other 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.

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

As the company provide 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 flexible revenue sharing model is also provided. At last the company has also given the offer zero revenue sharing with prepaid.

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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.

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

The table is actually great to look at, as there are only a few broking houses which 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 instrument you opt for have to be paid brokerage charge.

Brokerage Charges to Clients
Equity Delivery0.35%
Equity Intraday0.04%
Equity Futures0.04%
Equity OptionsRs.75 per Lot
Currency Futures0.04%
Currency OptionsRs.50 per Lot

Most of the instruments provided by this company have similar brokerage amount 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 AMCPercentage of Transaction
Trading AMCRs.399 per Annum
Account Opening ChargesRs.250
Transaction Charges0.00325%
Margin MoneyMinimum 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 charges. The AMC is applicable for both the trading and demat account individually. The AMC of trading account is Rs.399 per Annum, and for demat is Percentage of Transaction.

Benefits of Ajcon Global Services Partner Program

Here is to calling out for the benefits provided from 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 kind of support to the sub broker, letting them excel.
  • The account opening charges, though not nil, but 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 remisiers and the sub brokers are given a free choice as the security deposit to be made and the revenue sharing model is flexible.

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