Ashika Stock is a key player in the stock market with hundreds of Ashika Stock Sub broker working under them across India.
Ashika Stock Broking is a private company which was found in 1994 by Pawan Jain, FCA. It has been successfully serving its customer for over 25 years. Their headquarters are in Kolkata, West Bengal. The company provides full brokerage service to its customer.
In this article, we will be going over important and different points about Ashika Stock Sub Broker. We will go over the details like offers, benefits and other programmes covered by the company.
Ashika Stock Franchise – Customer Ratings
Find below table to know Customer Ratings of Ashika Stock Sub Broker:
|Revenue Sharing Model||2.1/5|
Ashika Stock Broking being one of the oldest company in the stock market, they have managed to gain some positive and trusting customers over time. Hence, the rating of the company over different categories like Experience, Products, Services, Revenue Sharing Model, Support, Security Deposit and offers including market share and overall rating has been ranging from 2.1 to 2.6 out of 5.
They have managed to gain 3 stars out of 5 which is above an average rating. These ratings were given by the people who worked with the company and enjoyed their services and thus rated the company over their experience.
Overview of Ashika Stock Franchise / Sub Broker
Details about Ashika Stock Franchise is given in the below table:
|Broker type||Full Service Broker|
|Headquarters||Kolkata, West Bengal|
|Founder||Pawan Jain, FCA|
|SB Code Activation Time||30 Days|
|Payout Time||35 Days|
Ashika Stock Broking is a private company that presents full brokerage services to its every customer. It was established by Pawan Jain in the year 1994 and has its headquarters in Kolkata, West Bengal. The SB Code Activation time needed for the Ashika Broker is thirty days and their pay-out time is thirty-five days.
Become a Sub Broker with Ashika Stock – Just Fill up the form
Compare Sub Broker Franchise
Ashika Stock Sub Broker – Business Models
Find below table for details:
Ashika Stock provide sub-brokership to individuals and entities who want to work along with them. The Ashika Stock Sub Brokers business model is described below –
There are four types of the Business Model that different companies can use. They are Master Franchise, Sub broker, Referral Program and Remisier. The models used by the Ashika Stock company are:
- Sub Broker
- Referral Program
Ashika Stock Sub Broker / Authorised Person Model
Ashika Stock Sub broker Commission / Revenue Sharing
Find below table to know Ashika Stock Securities Franchise Commission Models and Revenue Sharing Models:
|Sub Broker||60% – 80%|
|Referral Program||Rs.1000 per Refer|
In this model, the company offers other various sub-brokers its franchise and the brokers are at the liberty to work under the company name. This model lets monopoly businesses to let more than one sub-broker of the same company to work at the same place with other sub-brokers of the same company.
Check Revenue Sharing Models of other Stock Broking Franchise
Ashika Stock Franchise Cost / Security Deposit
Below Tables gives a good understanding of Ashika Stock Securities Franchise Cost:
|Sub Broker||Rs.50,000 – Rs.150,000|
The security deposit that you need to make with Ashika Stock in order to have work with the company is as below:
- For Sub Broker Business Model, you need to procure a minimum amount of Rs.50,000 and the maximum amount that you can take up is Rs.150,000. You must keep in mind that the higher will be the investment thus higher will be the revenue generated.
- For Referral Program, you need to make zero payment for this business model.
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Ashika Stock Partner Infrastructure Requirement
Check the table to know Ashika Stock Partner Infrastructure Requirement:
|Office Area||Minimum 100 Sq Ft|
|Employee Strength||Minimum 2|
If you wish to be the broker under the Ashika Stock then you need to have following conditions fulfilled to get the work. These are basic rules that mostly every company needs. Here are the rules:
- You should at least have 100 Sq. Ft. area as your office under your possession.
- You should at least have 2 employees working for you.
- You should have Trading Terminals.
- It is important that your office should have telephone line connected in your office.
Ashika Stock Sub Broker Offers
Find below various The Ashika Stock Capital Share Sub Broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
Ashika Stock provides with basic and best offers to its customers. The people of the company feels that it is very vital to provide everyone with enough opportunities. Hence, these are the offers provided by the company:
- You have to make zero deposit.
You can have flexible Revenue sharing.
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Ashika Stock Franchise Support
Below table consist of various support provided by Ashika Stock Authorised Person program:
The company provides with support for its people. You can feel the support on every step you need to take on your way through the year. Here are some countable support points that company provides:
- Marketing Support
- Back-Office Support
- Trading Support
- Advisory Support
- Product Training
We are not born with the knowledge of everything, hence, having the training about the product helps a lot to work around the product.
Ashika Stock Authorised Person – Brokerage Charges to Clients
The table gives proper information of Ashika Stock Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.50 per Lot|
|Currency Options||Rs.25 per Lot|
The Brokerage charges provided by the company to its Sub brokers are basically based according to the market rates only. They charge 0.30% for the Equity Delivery, 0.04% for the Equity Intraday, 0.04% for the Equity Futures, Equity Options as Rs. 50 per Lot, 0.04% for Currency Futures, Rs. 25 per Lot for Currency options and 0.04% for Commodity.
Ashika Stock Partner – Account Opening Charges to Clients
The table gives proper information of Ashika Stock Account opening charges levied to its Franchise Clients:
|Demat AMC||Rs.350 per Annum|
|Account Opening Charges||Rs.300|
|Margin Money||Minimum Rs.20,000|
The charges acquired by the clients working for the Ashika Stock are valid and very reasonable. The charge is Rs.350 per Annum for Demat AMC. They provide free Trading AMC. They charge Rs, 300 for the Account Opening and the transaction charges are 0.00315%. The Margin Money is Rs. 20,000 at a minimum.
Benefits of Ashika Stock Partner Program
The Ashika Stock Sub-brokers program is beneficial for the sub-brokers as –
Become a Sub Broker with Ashika Stock – Just Fill up the form
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