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

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.

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.

Summary
Top Business Model Sub Broker
Revenue Sharing 60% – 75%
Security Deposit Rs.50,000 – Rs.200,000
Become Sub Broker in 35 Days
Receive Payout in 35 Days
Founder Basanth Agarwal
Established Year 2007

Basan Equity Broking offers


Basan Equity Broking Sub Broker – Customer Ratings

Experience 2.2/5
Services 2.3/5
Products 2.5/5
Trading Platforms 2.3/5
Support 2.4/5
Revenue Sharing Model 2.3/5
Security Deposit 2.5/5
Offers 2.2/5
Market Share 2.3/5
Overall Ratings 2.3/5
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. 2.3 out of 5 by the customers themselves. It is an above average company that can be seen from the ratings itself.


About Basan Equity Broking Franchise

Company Type Private
Broker type Full Service Broker
Headquarters Hyderabad, A.P
Founder Basanth Agarwal
Established Year 2007
SB Code Activation Time 35 Days
Payout Time 35 Days

Basan Equity Broking Sub BrokerIn the year 2007, Basanth Agrawal the company and had its headquarters in 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

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    1. Become Sub Broker


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    Basan Equity Broking Sub Broker – Business Models

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program No

    It has one franchise model, i.e.,

    • Sub Broker

    Basan Equity Broking 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 Franchise NA
    Sub Broker 60% – 75%
    Remisier NA
    Referral Program NA

    It has one franchise model, i.e.,

    Sub broker business model, the sub brokers are allowed starting from 60% of the leads and can range maximum up to 75% of the leads that they provide the company with and the converts.


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    Basan Equity Broking Franchise Cost / Security Deposit

    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.200,000
    Remisier NA
    Referral Program NA

    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 Area Minimum 100 SqFt
    Employee Strength Not Mandatory
    Research Services Yes
    Internet Connection Yes
    Trading Terminals Yes
    Telephone Lines Yes
    • You should be in possession of at least 100 sq.ft office area that you are working in.
    • You should have an active and smooth running internet connectivity which is pretty basic.
    • Should have Trading Terminals.
    • It is not mandatory for your office area to have some telephone lines.

    Basan Equity Broking Sub Broker Offers

    Zero Deposit No
    10k Initial Deposit No
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing No
    Zero Revenue Sharing with Prepaid No
    • The company allows you to have flexible revenue sharing.

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    Basan Equity Broking Franchise Support

    Marketing Support No
    Back-Office Support Yes
    Trading Support Yes
    Advisory Support No
    Dealing Training No
    Acquisition Training No
    Product Training No

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

    • Trading support: This is an important requirement for any client; trading support provided by the Basan firm is of the highest professionalism.
    • Back-office support
    • Doesn’t provide advisory support
    • Doesn’t provide acquisition or product training

    Basan Equity Broking Franchise – Brokerage Charges to Clients

    Equity Delivery 0.30%
    Equity Intraday 0.03%
    Equity Futures 0.03%
    Equity Options  Rs.30 per Lot
    Currency Futures 0.03%
    Currency Options Rs.30 per Lot
    Commodity NA

    The brokerage charges applied for the sub-brokers are according to the reasonable market rates, i.e. 0.30 % to the equity delivery and 0.03% to equity intraday, equity in future 0.03% and currency for 0.03%.

    That is to say that Rs. 30/- per lot for equity options while 0.03% for our lot currency options.


    Basan Equity Broking Sub Broker – Account Opening Charges to Clients

    Demat AMC Rs.299 per Annum
    Trading AMC Free
    Account Opening Charges Rs.100
    Transaction Charges 0.00320%
    Margin Money Minimum Rs.5,000

    The charges applied for the clients applied for the basan Equity are reasonably well and completely valid. For Demat AMC Rs. 299/- are charged while the Trading AMC is not charged at all.

    To open an account Rs. 100/- are to be deposited. The charges for transacting are 0.00320% with a margin extending up to Rs.5000


    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 up to 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 credit 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 Broker


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