Dealmoney Securities are a popular share broking company that has been a stable partner to investors who want to raise their net worth through stocks. The company has its headquarters in Thane, Maharashtra.
The company also has branches extended through its sub-brokers network. Here in this article, you can get the in-depth analysis and review of Deal Money and the requirements for becoming a Dealmoney Securities Sub Broker.
You can get to know about Deal Money Franchise benefits, revenue sharing models and other details in a comprehensive manner.
Dealmoney Securities Sub Broker – Customer Ratings
|Revenue Sharing Model||2.4/5|
Dealmoney Securities has a customer rating of 2.5 for its services and customer experience. It has also received a high rating for its support services.
This shows that the clients of Deal Money are highly satisfied with the support provided. The overall rating of Dealmoney Securities is 3 stars. This shows that the services provided by the company are on par with what the industry is offering.
About Dealmoney Securities Franchise
|Broker type||Full-Service Broker|
|SB Code Activation Time||31 Days|
|Payout Time||3-4 Weeks|
Deal Money is a privately owned full-service broker that offers securities brokerage and trading services to its customers.
The company has earned its reputation through sheer hard work and integrity to customers. Dishant Sagwari is the founder of the company which was founded in 2005.
The SB code activation time for the company is 31 days. The payout time for sub-brokers is 3-4 weeks. The company is known for its prompt services to its clients and its sub-brokers.
Become a Sub Broker with Dealmoney Securities – Just Fill up the form
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Dealmoney Securities Sub Broker – Business Models
There are two types of sub-broker programs available with Deal Money. These include
Dealmoney Securities Sub-Broker Franchise Model
The sub-broker business of Deal Money allows individual brokers to work under the company name. This is a franchise model that acts like a monopoly business in which multiple brokers can do work in the same workplace.
Dealmoney Securities Remisier Model
Remisier is an agent of the broking house who provides hot leads to the firm. Once the leads are converted, the Remisier gets a certain percentage cut of the revenue. This enables freelance agents to start earning money without much investments.
Dealmoney Securities Franchise Commission Models / Revenue Sharing Models
|Sub Broker||50% – 75%|
Deal Money franchise commission for Remisier services is 10% of the total revenue. Deal Money franchise commission for the master franchise is 50% – 75% of the total revenue.
The processing of the revenues happens in a fair and transparent manner. The revenue sharing model is attractive to sub-brokers. This is a great offer compared to the programs available with competitors. The sub-brokers can earn a lot of money with Deal Money.
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Dealmoney Securities Franchise Cost / Security Deposit
|Sub Broker||Rs 50,000 – Rs 1,50,000|
Deal Money Franchise cost/ security deposit for Remisier is Rs 5,000. This is higher compared to that of competitors. Deal Money Franchise cost/ security deposit for sub-brokers is Rs 50,000 – Rs 1,50,000. Therefore it is very much easier for sub-brokers to start their business with Deal Money.
For the sub-broker business model, you will need to invest Rs 50,000. For sub-brokers who want to have higher revenue share, they are required to invest Rs 1,50,000 as security money. This initial investment is fully refundable and will be returned to you if you decide to opt out of the licensing program.
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Dealmoney Securities Partner Infrastructure Requirement
|Office Area||Minimum 100 SqFt|
|Employee Strength||Minimum 1|
Deal Money infrastructure requirement consists of the following:
- Minimum 100 sq. ft area office
- At least 1 employee
- Investment research services is a must that enables you to gain research information quickly
- You do not need to have a high-speed internet connection
- You do not need to have telephone lines for executing the trade
- There is a requirement for trading terminals with Deal Money
The main advantage of Deal Money is that once the infrastructure requirements are set, higher amounts of revenues can be earned.
Dealmoney Securities Sub Broker Offers
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
Deal Money provides one of the best offers for sub-brokers that motivates them to perform better. Below are the offers provided by the company:
- Zero deposit
- Flexible revenue sharing
The main advantage is that the company does not require Rs 10,000 initial deposit and other constraints like a flat revenue sharing model. The more you perform, the more you can earn with Deal Money
Check out other companies Sub Broker Offers
Dealmoney Securities Franchise Support
Deal Money franchise support consists of the following:
- Back office support
- Dealing support
- Product training
The support provided by Deal Money is comprehensive. It enables the sub-brokers to scale up their business quickly.
Dealmoney Securities Franchise – Brokerage Charges to Clients
|Equity Options||Rs.25 per Lot|
|Currency Options||Rs.15 per Lot|
Deal Money brokerage charges are at par with market charges. They are as follows:
- Equity Delivery is charged at 0.25%.
- The Equity Intraday delivery is charged at 0.02%.
- Equity Futures is charged at 0.03%.
- The Equity Options delivery is charged at Rs.25 per Lot.
- Currency Futures trading is charged at 0.03%.
- Currency Options trading is charged at Rs.15 per Lot.
- Commodity trading is charged at 0.04%.
Dealmoney Securities Sub Broker – Account Opening Charges to Clients
|Demat AMC||Rs.200 per Annum|
|Account Opening Charges||Rs.400|
|Margin Money||Minimum Rs.10,000|
Deal Money charges to clients are very minimal compared to that of other brokers in the market. Demat AMC is Rs 200 per annum. Trading AMC is free.
This has been the main selling point for the company’s excellent services. The account opening charges with Deal Money is Rs 400 per annum. The transaction charges are at 0.00320%. The margin money is Rs 10000.
Benefits of Dealmoney Securities Partner Program
Being a partner with Deal Money provides guaranteed high financial returns and comfortable work life for the sub-brokers. There are also other advantages with Deal Money such as:
- Providing positive return value to investors
- It is a well-known brand name
- Minimal charges for accounts
- Great track record with handling investor money
- Excellent back office support for customers and sub-brokers.
Become a Sub Broker with Dealmoney Securities – Just Fill up the form
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