ALB Stock Broking Sub Broker / Franchise / Authorised Person / Partner Review

Renowned and celebrated stock broking house, ALB Stock Broking provides a house full of diverse financial solutions, including the ALB Stock Broking Franchise. One stop shop of financial solution is provided by this stock broking house, through its network of ALB Stock Broking Sub Broker

Top Business ModelSub Broker
Revenue Sharing50% – 75%
Security DepositRs.50,000 – Rs.200,000
Become Sub Broker in21 Days
Receive Payout in31 Days
FounderAshik Jagjivandas Patel
Established Year2009

Franchise is a worthy investment options, and this company has the sub broker model as it best model. Every minute and statistical details of this company are featured in a clear and precise pattern here. Clients’ charges are as well included, towards the end of the article.

Franchise Review

ALB Stock Broking Franchise – Customer Ratings

Rating from all the customers and stock brokers, provides as a useful phenomenon of quality measurement. Customers ratings are for sure included, but you will as well find the ALB Stock Broking Sub Broker rating, probably featured in the top few rows.

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★★★☆☆

Assurance of high quality products can be extracted out from the table, as it has 2.7 star rating. ALB Stock Broking Customer Rating overall rating is 2.5, somehow average in a lot of terms.

Overview of ALB Stock Broking Franchise / Sub Broker

Sighting the overview of the company, this is a privately owned stock broking house, which was set up on the year 2009. ALB Stock Broking Franchise models of this company have been in the market for a while, and they have created a ground for stabilized networking.

ALB Stock Broking Overview
Company TypePrivate
Broker typeFull Service Broker
FounderAshik Jagjivandas Patel
Established Year2009
SB Code Activation Time21 Days
Payout Time31 Days

Sub brokers however have to go through a time frame of 21 days as the Sub Broker Code Activation Time. After the code is received, the next Payout Time is expected to be 31 days. Almost all the financial solutions are provided at the company’s doorstep, as it is a full service broker, headquartered at Admedabad.

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    ALB Stock Broking Sub Broker – Business Models

    Notably, there are two business models provided by the company, and both of them offer a lot of active participation and returns. One of the models is meant for the business oriented people, while the other model is for the clients.

    Business Models
    Master FranchiseNo
    Sub BrokerYes
    Referral ProgramYes

    The best offering, this stock broking house could make is the ALB Stock Broking Sub Broker Business Model. The referral model is great as well, in its own terms.

    ALB Stock Broking Sub Broker / Authorised Person Model

    Getting started with this model, is a benefit for the entities, which are looking for a franchise program to invest in. Dealership rights of the company will be delegated to the sub broker, where they can trade under the trademark of the franchiser. Revenue for them will be a higher portion of business they show.

    ALB Stock Broking Referral Program Model

    This program can be commonly opted by any other account holder of the company. They will only have to refer the people they know, are interested to get associated with the company, and also trading. Each of the successful conversion will be paid for.

    ALB Stock Broking Sub broker Commission / Revenue Sharing

    Revenue made from the business services rendered by the sub brokers are subject to division among both the franchiser and the franchisee. ALB Stock Broking Franchise Revenue Sharing Model determined the share in which the profits shall be divided.

    Revenue Sharing
    Master FranchiseNA
    Sub Broker50% – 75%
    Referral Program10%

    Work and business done by the sub brokers is excessive in caparison with the referral program. Therefore, they are as well entitled to a greater share in the revenue, i.e. in between the percentage 50% – 75%. For the referral program, the percentage is rather fixed at 10%.

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    ALB Stock Broking Franchise Cost / Security Deposit

    The ALB Stock Broking Franchise Cost is the security deposit, which goes to the franchiser, as a part of the agreement thereby formed. Such a deposit is necessary to make, as the name signifies itself, which is pointed towards the security.

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

    From the referral program side, no amount as security deposit is required. Sub brokers, who are the franchisee of the deal, have to contribute around Rs.50,000 – Rs.200,000. The lesser amount contributors will be signed with a lesser share in revenue, and vice versa.

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    ALB Stock Broking Partner Infrastructure Requirement

    Any business establishment requires a certain kind of investments, apart from the capital contribution. The first of requirements here is the ALB Stock Broking Infrastructure Requirement, followed by a couple of other requirements as demanded by the company.

    Infrastructure Requirement
    Office AreaMinimum 100 Sq Ft
    Employee StrengthNot Mandatory
    Research ServicesYes
    Internet ConnectionYes
    Trading TerminalsYes
    Telephone LinesNo

    Though the employee strength has not been put up as mandatory, there is an infrastructure requirement of Minimum 100 Sq Ft. There are additional three requirements, and should one fulfill them, will be termed applicable to apply for the sub brokership. They are research services, internet connection and trading terminals.

    ALB Stock Broking Sub Broker Offers

    Mark up few of the ALB Stock Broking Sub Broker Offers you will be provided to avail for. The company counts on you and hence, it provides three offers which can be used as per the business model you opt for.

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

    First of offer i.e. of zero deposit, is directed towards the referral program availed individuals, who are not required to invest any money into the stock broking house. Other offers sub brokers can count on are 10k initial deposit and also flexible revenue sharing model.

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    ALB Stock Broking Franchise Support

    Keeping the sub brokers supported at different intervals, especially the time when contract is formed. ALB Stock Broking Franchise Support ensures the same and provides support in its own way, for a number of categories.

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

    Three kind of support can be expected from this company and they are back office for the first thing and then advisory support. The company ensures to provide dealing support as well to make the sub brokers accustomed with the rightful ways of customer dealing.

    ALB Stock Broking Authorised Person – Brokerage Charges to Clients

    Starting with the most availed for financial instrument; the Equity Delivery has a ALB Stock Broking Brokerage Charges of 0.15%. Other charges are as well featured in the below mentioned table. Opt for one or more than one asset classes and you will have to pay charges on all of them individually.

    Brokerage Charges to Clients
    Equity Delivery0.15%
    Equity Intraday0.02%
    Equity Futures0.02%
    Equity OptionsRs.15 per Lot
    Currency Futures0.02%
    Currency OptionsRs.10 per Lot

    Brokerage charges have been designed to be lower by the company. As you can see there are four financial instruments which have the same charges of 0.02%, and they are Equity Intraday, Equity Futures, Currency Futures and Commodity. Finally, the Equity Options charge is Rs.15 per Lot and the Currency Options Charge is Rs.10 per Lot.

    ALB Stock Broking Partner – Account Opening Charges to Clients

    Clients, irrespective of the stock broking house they choose to go for, have to pay an account opening charge, for availing their services. Paying an amount is constant; however the charges are not constant for all the companies out there. So, here are the ALB Stock Broking Account Opening Charges.

    Account Opening Charges to Clients
    Demat AMCPercentage of Transaction
    Trading AMCRs.250 per Annum
    Account Opening ChargesRs.330
    Transaction Charges0.00325%
    Margin MoneyMinimum Rs.10,000

    The first expense to be borne for availing an account is the opening charges i.e. of Rs.330. The next charges which comes into the scenario are the AMC, Percentage of Transaction for the demat account and Rs.250 per Annum for the trading account. Additionally, a transaction charge of 0.00325%, is as well levied.

    Benefits of ALB Stock Broking Partner Program

    Everyone counts on the benefits provided by the concerned thing, and a similar kind of fashion is observed in the behavior of this company’s clients and also the sub brokers.

    • Worth mentioned phenomenon for the clients, in the extremely low brokerage charges which are applicable on all the assets classes provided by the company.
    • Clients are also provided with the referral program option, where they can make some additional money.
    • Offers and support provided by the company is phenomenal and a great option to prosper for all the stock brokers out there.
    • Revenue model set for the sub broker is flexible and this is the perk, where the sub brokers can make money according to their own wish and capacity.Sub Broker Offers

    Become a Sub Broker with ALB Stock Broking – Just Fill up the form

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