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

BMA Wealth Creators Franchise Offers


BMA Wealth Creators Franchise – Customer Ratings

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

Experience2.5/5
Services2.6/5
Products2.7/5
Trading Platforms2.3/5
Support2.4/5
Revenue Sharing Model2.5/5
Security Deposit2.5/5
Offers2.6/5
Market Share2.3/5
Overall Ratings2.5/5
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 TypePrivate
Broker typeFull Service Broker
HeadquartersKolkata, West Bengal
FounderAnubhav Bhatter
Established Year2003
SB Code Activation Time30 Days
Payout Time30 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

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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BMA Wealth Creators Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramNo

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 FranchiseNA
Sub Broker60% – 80%
RemisierNA
Referral ProgramNA

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

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 AreaMinimum 100 Sq Ft
Employee StrengthMinimum 1
Research ServicesNo
Internet ConnectionYes
Trading TerminalsYes
Telephone LinesYes

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

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 SupportYes
Back-Office SupportYes
Trading SupportYes
Advisory SupportYes
Dealing TrainingYes
Acquisition TrainingYes
Product TrainingNo

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 Delivery0.30%
Equity Intraday0.03%
Equity Futures0.03%
Equity OptionsRs.50 per lot
Currency Futures0.03%
Currency OptionsRs.20 per lot
Commodity0.03%

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 AMCRs.250
Trading AMCFree
Account Opening ChargesRs.500
Transaction Charges0.00300%

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
  1. Become Sub BrokerOpen Demat Account


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