Competent Finman is a key player in the stock market with hundreds of Competent Finman Sub broker working under them across India.
Competent Finman Pvt. Ltd is a famous financial services provider that offers a broad range of investment services. It is one of the leading broking housing operates as a full service stockbroker presence in northern India especially in North of Delhi. Competent Finman Sub Broker has many branches on many parts of India they provide on-line depository services to our clients which include retail investors, HNIs, and Corporate Accounts.
Competent Finman Franchise – Customer Ratings
Find below table to know Customer Ratings of Competent Finman Sub Broker:
|Revenue Sharing Model||2.5/5|
The Competent Finman Sub Broker averages the rating of 2.3/5 on customer service experience, services provided, products deliver, trade platforms, assistance, deposit, etc. Competent Finmans rating can improve the experience of their customers and their market share in few areas like making an exciting offer, improve Trading Platforms etc.
Overview of Competent Finman Franchise / Sub Broker
Details about Competent Finman Franchise is given in the below table:
|Broker type||Full Service Broker|
|SB Code Activation Time||3-5 Weeks|
|Payout Time||33 Days|
Competent Finman Pvt. Ltd. was established in 2000 by Ranjan Chawla. It is a private firm. It is a Full Service Broker that has its headquarters on Chandigarh.
Competent Finman has many financial services group provide broking services in primary and secondary markets (capital market segment, derivatives segment of stock exchanges and commodities exchanges).
They have a huge client base include retail investors, HNIs, and Corporate Accounts.
Competent Finman Franchise takes 3-5 Weeks to activate SB Code and 33 Days for Payout.
Become a Sub Broker with Competent Finman – Just Fill up the form
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Competent Finman Sub Broker – Business Models
Find below table for details:
Competent Finman provide sub-brokership to individuals and entities who want to work along with them. The Competent Finman Sub Brokers business model is described below –
There are two different business models available with Competent Finman Share Sub Broker which are –
- Sub Broker
Competent Finman Sub Broker model is a very similar model like others in this field of share market. They provide the chance to others to use their company name and research and do business.
There can be many sub-brokers of the same company in one place. This model also depends on the client base for its business and profits.
Competent Finman, associates with the broker for its business through the Remisier model. In this, you can earn while you refer to clients. It is a simple way to earn brokerage by introducing clients.
Earning through Remisier does not require infrastructure.
Competent Finman Sub Broker / Authorised Person Model
Competent Finman Sub broker Commission / Revenue Sharing
Find below table to know Competent Finman Securities Franchise Commission Models and Revenue Sharing Models:
|Sub Broker||50% – 75%|
|Remisier||10% – 20%|
The Franchise commission or the Revenue Sharing of the sub-brokers of Competent Finman Share depends on the amount of the
- Franchise Cost;
- Security deposit of the Sub-brokers.
The Sub Broker franchise commission for the Franchise of the Competent Finman shares begins from 50% of the provided company and rises to 75%, according to the franchise investment.
The Remisier commission, on the other hand, ranges from 10% to 20%, depending on the amount of security deposit with the company for the sub-brokers of Competent Finman Shares.
Check Revenue Sharing Models of other Stock Broking Franchise
Competent Finman Franchise Cost / Security Deposit
Below Tables gives a good understanding of Competent Finman Securities Franchise Cost:
|Sub Broker||Rs.50,000 – Rs.150,000|
|Remisier||Rs.5,000 – Rs.20,000|
A security deposit is a brokers’ money deposit to the Competent Finman. It varies on the bases of the business model and client base.
Security Deposit of Master Franchise start with Rs. 50,000 to Rs. 150,000
In the Remisier business model security amount is deposited from minimum Rs. 5,000 to Rs. 20,000.
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Competent Finman Partner Infrastructure Requirement
Check the table to know Competent Finman Partner Infrastructure Requirement:
|Office Area||Minimum 100 Sq Ft|
|Employee Strength||Minimum 1|
Competent Finman Securities Franchise infrastructure requirements are detailed below. • The minimum area of the office is 100 Sq Ft.
- It is not compulsory to provide customers with Research Services
- At least 1 personnel should be appointed in the premises.
- Trades terminals should be included and compulsory in the franchise.
- Internet and telephones are not a compulsion.
Competent Finman Sub Broker Offers
Find below various The Competent Finman Capital Share Sub Broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
A sub-broker acts as a securities assistance agent on behalf of a trading member. Customer places all orders and transactions by sub brokers
Competent Finman Franchise Sub Broker offer Zero Deposit
Placing the order through sub broker with less than Rs 10,000 Initial Deposit is not allowed.
Flexible Revenue Sharing is permitted.
They do not authorize Flat Revenue Sharing and Zero Revenue Sharing with Prepaid.
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Competent Finman Franchise Support
Below table consist of various support provided by Competent Finman Authorised Person program:
The Competent Finman Share Franchise support is ready to lend a hand.
- Marketing Support provides to stimulate sales or assist dealers in the advertising and marketing of their business.
- Provide Back-office functions include settlements, clearances, record maintenance, regulatory compliance, accounting, and services
- Provide Trading Support and Advisory Support
Competent Finman Authorised Person – Brokerage Charges to Clients
The table gives proper information of Competent Finman Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.75 per Lot|
|Currency Options||Rs.50 per Lot|
To facilitate trading, the brokerage fee is charged. Brokers charge brokerage fees for services like transactions, sales, consultations, negotiations, and delivery.
The prices of the Competent Finman franchise is nominal and at par with the market charges.
- They charge 0.35% for equity delivery.
- They charge 0.04% for the intraday trading of the equities and also for equity futures, currency futures.
- For the equity options, the charge is flat Rs. 75 per lot
- For currency options, it is Rs. 50 per lot.
Competent Finman Partner – Account Opening Charges to Clients
The table gives proper information of Competent Finman Account opening charges levied to its Franchise Clients:
|Demat AMC||Rs.250 per Annum|
|Account Opening Charges||Rs.250|
|Margin Money||Minimum Rs.20,000|
Rates and charges for Account Opening to Clients for products and services, including the rates on Transaction Charges, Account Opening Charges etc are mention below.
The Competent Finman Securities Share Demat Account opening charge is as nominal as Rs. 250 for clients per year.
For the Demat Account, the trading account is opened for Rs 250.
The transaction charges are 0.0% and Rs. 20,000 minimum margin money that the client has to maintain.
Benefits of Competent Finman Partner Program
The Competent Finman Sub-brokers program is beneficial for the sub-brokers as –
- The name of a reputable and well-known Competent Finman Franchise will help to get clients.
- Sub-broker ship help you to get a considerable amount of experience in this field .
- You will become capable of catering to the requirements of your clients on your own by taking Franchise of Competent Finman.
- There exist a large number of individual offering sub-broker services
- Replicate the services of Competent Finman top-class franchiser will help to grow your business
Become a Sub Broker with Competent Finman – Just Fill up the form
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