Basan Equity Broking Sub Broker / Franchise / Authorised Person / Partner Review

Basan Equity Broking Sub Broker is provised by Basan Equity Broking Pvt Ltd, a private company providing brokerage services whose base located in Hyderabad Andhra Pradesh, has served the customers for more than 10 years now.

Basan Equity Broking Sub Broker

The agenda of the company is to go over all the details of the offers, brokerage benefits and charges. It is a full service and private broker company. Basan Equity Broking offers experience, trading platform, revenue sharing, services, market shares and has an overall rating of 3 stars out of 5.

In this article, we will read in-depth about the Basan Equity Broking.


Basan Equity Broking Sub Broker – Customer Ratings

Experience2.2/5
Services2.3/5
Products2.5/5
Trading Platforms2.3/5
Support2.4/5
Revenue Sharing Model2.3/5
Security Deposit2.5/5
Offers2.2/5
Market Share2.3/5
Overll Ratings2.3/5
Star Ratings★★★☆☆

Existing for a long time global capital sub-broker has managed to get the trust of customers and a good amount of positive feedback. Even the employees working at the company have observed that the company presents good customer services, security deposits, experience, revenue sharing model, support, etc. All of this has just proved the rating, i.e. 3 out of 5 by the customers themselves. It is an above average company which can be seen from the ratings itself.


About Basan Equity Broking Franchise

Company TypePrivate
Broker typeFull Service Broker
HeadquartersHyderabad, A.P
FounderBasanth Agarwal
Established Year2007
SB Code Activation Time35 Days
Payout Time35 Days

In the year 2007, Basanth Agrawal the company and had its headquarters at New Delhi. As mentioned before it is a public company offering services to all. It works on an activation time of 21 days while having a payout time of 31 days.


Become a Sub Broker with Basan Equity Broking – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Basan Equity Broking Sub Broker – Business Models

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramNo

It has one franchise model, i.e.,

Sub-broker model: The global capital offers other various sub-brokers its franchise with their own free will to work under the company name. This allows a monopoly business where a sub-broker from one company can work with another sub-broker of the same company at the exact time.


Basan Equity Broking Franchise Commission Models / Revenue Sharing Models

Master FranchiseNA
Sub Broker60% – 75%
RemisierNA
Referral ProgramNA

It has one franchise model, i.e.,

Sub-broker model: The global capital offers other various sub-brokers its franchise with their own free will to work under the company name. This allows a monopoly business where a sub-broker from one company can work with another sub-broker of the same company at the exact time.


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Basan Equity Broking Franchise Cost / Security Deposit

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.200,000
RemisierNA
Referral ProgramNA

The initial cost required by the company for anyone to work for it is fixed and stated as below :

  • Sub-broker partnership: Rs. 50,000/-
  • For a sub-broker partnership, the minimum amount to be invested has to be Rs. 50,000/- and can be upto Rs. 200,000/-. The higher this amount is, the higher the revenue rate will be generated at the end of the partnership.

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Basan Equity Broking Partner Infrastructure Requirement

Office AreaMinimum 100 Sq Ft
Employee StrengthNot Mandatory
Research ServicesYes
Internet ConnectionYes
Trading TerminalsYes
Telephone LinesYes

Basan Equity Broking offers accurate revenue distributive schemes. These are calculated again according to the master and sub-broker franchise. While for the sub-brokers the range starts at 60% and ends at a maximum of 75%.


Basan Equity Broking Sub Broker Offers

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

The very basic rules that almost every company requires to have for a broker to work under the company are as follows:

  • You should have at least 100sq. Feet office area that you’re working on.
  • You should have two or more employees working for you.
  • You should be having trading terminals.
  • Telephone lines are mandatory.

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Basan Equity Broking Franchise Support

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

The sub-brokers are provided with some support facilities which are mentioned below:

  • Marketing support: The broker firm offers extensive support for marketing and obtaining the right stock.
  • Trading support: This is an important requirement for any client; trading support provided by the Basam firm is of the highest professionalism.
  • Back-office support
  • Training for deals
  • Doesn’t provide advisory support
  • Doesn’t provide acquisition or product training

Basan Equity Broking Franchise – Brokerage Charges to Clients

Equity Delivery0.30%
Equity Intraday0.03%
Equity Futures0.03%
Equity Options Rs.30 per Lot
Currency Futures0.03%
Currency OptionsRs.30 per Lot
CommodityNA

The brokerage charges applied for the sub-brokers are according to the reasonable market rates, i.e. 0.30 % to the equity delivery and 0.04% to equity intraday, equity in future 0.04% and currency for 0.04%. That is to say that Rs. 25/- per lot for equity options while 0.04% for our lot currency options.


Basan Equity Broking Sub Broker – Account Opening Charges to Clients

Demat AMCRs.299 per Annum
Trading AMCFree
Account Opening ChargesRs.100
Transaction Charges0.00320%
Margin MoneyMinimum Rs.5,000

The charges applied for the clients applied for the globe capital are reasonably well and completely valid. For Demat AMC Rs. 350/- are charged while the Trading AMC is not charged at all. To open an account Rs. 300/- are to be deposited. The charges for transacting are 0.00315% with a margin extending upto 20,000.


Benefits of Basan Equity Broking Partner Program

The Basan Equity Broking Sub-brokers program is beneficial for the sub-brokers as –

Besides the incentives provided for the clients and the reasonable revenue rates, there are many reasons on why you should look upto the company for brokerage those including:

  • An opportunity to work with a renowned, experienced and reliable brand
  • Online accounts can be opened quickly by clients with fewer efforts
  • Client acquisition support provided
  • Effective marketing supporting provided
  • Flexible and reasonable revenue rates
  • Back-office support given
  • With prepaid, no revenue sharing is required.

Another reason to choose Basan Equity Broking is due to the immense credibility that it has in the market, one can be assured of the best services and timely delivery of deals. At the same time, they could be the one – stop solution for all your stock broker needs.


Become a Sub Broker with Basan Equity Broking – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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