BMA Wealth Creators is a key player in the stock market with hundreds of BMA Wealth Creators Sub Brokers 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 – Customer Ratings
Find the below table to know the 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 of 5 on Customer Ratings. They are known for their service, Product, and Offers. They provide good customer support and a 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 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 have 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 adopts Business Models to extend business
If anyone wants to 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 Affiliate by which they can decide and extend it to their customers from their product range.
BMA Wealth Creators support business establishment and growth.
Sub Brokers 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 the 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 the below table to know BMA Wealth Creators Franchise Commission:
The BMA Wealth Creators assign sub-brokers on sharing the model of 60% – 80%
It offers the opportunity to be partners by becoming a Sub broker.
Check out Revenue Sharing of other Sub Brokers
BMA Wealth Creators Franchise Cost / Security Deposit
The 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 than the minimum amount of Rs. 50,000 – Rs. 200,000 deposition is mandatory. The deposition amount depends on the client base of the franchise.
Here is Security Deposit info of other Stock Broking Franchise
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 the 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 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 a Rs 10,000 Initial Deposit.
- Flexible Revenue Sharing is permitted.
- They do not authorize Flat Revenue Sharing and Zero Revenue Sharing with Prepaid.
Check out other companies Sub Broker Offers
BMA Wealth Creators Franchise Support
The below table consists 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 on 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 on 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 on 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 a 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 a 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
Find detailed review of other Sub Broker Franchise