BMA Wealth Creators Sub Broker / Franchise / Authorised Person / Partner Review

BMA Wealth Creators is a key player in the stock market with hundreds of BMA Wealth Creators Sub Broker working under them across India. It is a member of the BMA Group, Wealth Creators Ltd.

The company is a provider of financial services and has over 15 years of experience in the same industry. The most important feature of BMA Wealth Creators Ltd is that it has over 10,000+ clients in all major cities of India.

In this article BMA Wealth Creators, Sub Broker and Partner Review are discussed.

Summary
Top Business Model Sub Broker
Revenue Sharing 60% – 80%
Security Deposit Rs.50,000 – Rs.200,000
Become Sub Broker in 30 Days
Receive Payout in 30 Days
Founder Anubhav Bhatter
Established Year 2003

BMA Wealth Creators Franchise Offers


BMA Wealth Creators Franchise – Customer Ratings

Find below table to know Customer Ratings of BMA Wealth Creators Sub Broker:

Experience 2.5/5
Services 2.6/5
Products 2.7/5
Trading Platforms 2.3/5
Support 2.4/5
Revenue Sharing Model 2.5/5
Security Deposit 2.5/5
Offers 2.6/5
Market Share 2.3/5
Overall Ratings 2.5/5
Star Ratings ★★★☆☆

BMA Wealth Creators Capital Sub Broker has a rated average of 2.5 out 5 on Customer Ratings. They are known for their service, Product, and Offers. They provide good customer support and trading platform.

BMA Wealth Creators Capital offers 3 trading platforms:

  • NEST
  • TRADE ON BMA
  • BMA MTRADE

Overview of BMA Wealth Creators Franchise / Sub Broker

Details about BMA Wealth Creators Franchise is given in the below table:

Company Type Private
Broker type Full Service Broker
Headquarters Kolkata, West Bengal
Founder Anubhav Bhatter
Established Year 2003
SB Code Activation Time 30 Days
Payout Time 30 Days

BMA Wealth Creators Sub BrokerBMA Wealth Creators is a full-service stockbroker that has a presence in a few locations across different parts of India.

It is a Private entity company established by Anubhav Bhatter in 2003. Their headquarters is in Kolkata, West Bengal.

With a network of over 130 branches and 7000+ business partners, the company has established an extensive platform for over 1 million clients. BMA Wealth Creators has a huge client base of 28,090. They take 30 Days to Active SB Code and Payout Time.


Become a Sub Broker with BMA Wealth Creators – Just Fill up the form

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    BMA Wealth Creators Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program No

    BMA Wealth Creators franchise adopt Business Models to extend business

    If anyone wants to do join the business with BMA Wealth Creators they allow Sub Broker


    BMA Wealth Creators Sub Broker / Authorised Person Model

    Sub Broke is a kind of Business Affiliates by which they can decide and extend it to their customers from their product range.

    BMA Wealth Creators support business establishment and growth.

    Sub Broker can establish their business using support, research, company name etc. To become BMA Wealth Creators Sub Broker it is mandatory to follow basic requirements.


    BMA Wealth Creators Sub broker Commission / Revenue Sharing

    Find below table to know BMA Wealth Creators Securities Franchise Commission Models and Revenue Sharing Models:

    Master Franchise NA
    Sub Broker 60% – 80%
    Remisier NA
    Referral Program NA

    Find below table to know BMA Wealth Creators Franchise Commission:

    The BMA Wealth Creators assign sub-brokers on sharing the model of 60% – 80%

    It offer the opportunity to be partners by becoming a Sub broker.


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    BMA Wealth Creators Franchise Cost / Security Deposit

    Below Tables gives a good understanding of BMA Wealth Creators Securities Franchise Cost:

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

    BMA Wealth creators charge reasonably fine brokerage charges. Details are given below:

    To start the franchisee by becoming a Sub Broker then the minimum amount of Rs. 50,000 – Rs. 200,000 deposition is mandatory. The deposition amount depends on the client base of the franchise.


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    BMA Wealth Creators Partner Infrastructure Requirement

    Check the table to know BMA Wealth Creators Partner Infrastructure Requirement:

    Office Area Minimum 100 Sq Ft
    Employee Strength Minimum 1
    Research Services No
    Internet Connection Yes
    Trading Terminals Yes
    Telephone Lines Yes

    The requirements for infrastructure BMA Wealth Creators Franchise are as detailed below.

    • The minimum office area is 100 Sq Ft. is required.
    • Providing Research services to customers is not mandatory
    • Minimum 1 employee should be appointed
    • The trading terminals should be included in the franchise and this is obligatory.
    • Internet and telephone connection is compulsory

    BMA Wealth Creators Sub Broker Offers

    Find below various The BMA Wealth Creators Capital Share Sub Broker Offers:

    Zero Deposit No
    10k Initial Deposit No
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing No
    Zero Revenue Sharing with Prepaid No

    Sub Broker of BMA Wealth Creators offers to trade with them with few regulations.

    • BMA Wealth Creators Sub Broker does not offer Zero Deposit and Rs 10,000 Initial Deposit.
    • Flexible Revenue Sharing is permitted.
    • They do not authorize Flat Revenue Sharing and Zero Revenue Sharing with Prepaid.

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    BMA Wealth Creators Franchise Support

    Below table consist of various support provided by BMA Wealth Creators Authorised Person program:

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

    The BMA Wealth Creators Share Franchise support is helpful.

    • Advanced multi-client terminal marketing and promotional
    • Support technology, research, and training
    • Support Aggressive profit sharing
    • The Regional RMS Client seminars
    • Support the Fast Account Opening facility Flexibility and Transparency

    BMA Wealth Creators Authorised Person – Brokerage Charges to Clients

    The table gives proper information of BMA Wealth Creators Brokerage charges levied to its Franchise Clients:

    Equity Delivery 0.30%
    Equity Intraday 0.03%
    Equity Futures 0.03%
    Equity Options Rs.50 per lot
    Currency Futures 0.03%
    Currency Options Rs.20 per lot
    Commodity 0.03%

    Here are the account opening charges that are levied to the clients of this stockbroker:

    The prices of the BMA Wealth Creators franchise are fairly easy and at par with the market charges. They charge 0.30% for equity delivery.

    Then they charge 0.03% for the intraday trading of the equities and also for equity futures, currency futures and also for commodities. For the equity options, the charge is flat Rs.50 per lot and for currency options, it is Rs. 20 per lot.


    BMA Wealth Creators Partner – Account Opening Charges to Clients

    The table gives proper information of BMA Wealth Creators Account opening charges levied to its Franchise Clients:

    Demat AMC Rs.250
    Trading AMC Free
    Account Opening Charges Rs.500
    Transaction Charges 0.00300%

    BMA Wealth creators charge reasonably fine brokerage charges. Details are discussed.

    The BMA Wealth Creators Share Demat Account opening charge is as nominal as Rs. 500 for clients per year. For the Demat Account, the trading account is opened for Rs 250.

    The transaction charges are 0.00300% and minimum Rs. 20,000 margin money that the client has to maintain.


    Benefits of BMA Wealth Creators Partner Program

    The BMA Wealth Creators Sub-brokers program is beneficial for the sub-brokers as –

    It is beneficial to become business partner taking franchisee and becoming Sub broker of BMA Wealth Creators Share

    They provide the following communication channels to its clients for customer support:

    • Offline branches
    • Toll-free number
    • Email support
    • Phone

    This is one of the biggest concerns in the case of this full-service stockbroker. There is no track of turnaround time or quality of communication. In fact, the skill set of the support staff lacks professionalism too.

    BMA Wealth Creators Capital proposes many trading platforms to clients:

    • NEST:
    • TRADE ON BMA
    • BMA MTRADE

    Become a Sub Broker with BMA Wealth Creators – Just Fill up the form

      Become a Sub Broker
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