Fairwealth Securities is a key player in the stock market with hundreds of Fairwealth Securities Sub Broker working under them across India.
One of the most renowned shares sub-broking parties based in Delhi, NCR, Fairwealth Securities has been fully recognized and has achieved a fair amount of success in its trade. In this article, we will be discussing the details of Fairwealth Securities.
We will be scrutinizing the benefits, offers, brokerage charges, business models, and other programs covered by Fairwealth Securities.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 50% – 70% |
| Security Deposit | Rs.50,000 – Rs.100,000 |
| Become Sub Broker in | 30 Days |
| Receive Payout in | 35 Days |
| Founder | Dhirender Gaba |
| Established Year | 2005 |
Fairwealth Securities Sub Broker – Customer Ratings
Find the below table to know the Customer Ratings of Fairwealth Securities Sub Broker:
| Experience | 2.5/5 |
| Services | 2.4/5 |
| Products | 2.2/5 |
| Trading Platforms | 2.6/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.1/5 |
| Security Deposit | 2.2/5 |
| Offers | 2.4/5 |
| Market Share | 2.3/5 |
| Overall Ratings | 2.3/5 |
| Star Ratings | ★★★☆☆ |
Having been in the business for over 14 years, Fairwealth Securities displays a profile of good experience in the domain of broking and has served many pleased customers. The clients who have been a part of the company have rated it an average which proves the point.
The agents and customers mainly assert that the company is quite good and very fair. They have rated Fairwealth Securities as satisfactory in its products, services, support, experiences, trading, market share, etc.
Thus we can say from the 3 out of 5 stars that the enterprise has come to fulfill all the promises and claims made by them about their function.
About Fairwealth Securities Franchise
Details about Fairwealth Securities Franchise are given in the below table:
| Company Type | Private |
| Broker type | Full Service Broker |
| Headquarters | Delhi NCR, Delhi |
| Founder | Dhirender Gaba |
| Established Year | 2005 |
| SB Code Activation Time | 30 Days |
| Payout Time | 35 Days |
Fairwealth Securities is a full-service brokerage company that has been providing its services to Private people since the year 2005.
It has its headquarters in Delhi, NCR. The owner of the firm is Mr. Dhirender Gaba.
The Sub Broker Activation time stated by Fairwealth Securities is 30 days and the Payout time that is required by the firm does not extend more than 35 days.
Become a Sub Broker with Fairwealth Securities – Just Fill up the form
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Fairwealth Securities Sub Broker – Business Models
Find below table for details:
| Master Franchise | Yes |
| Sub Broker | Yes |
| Remisier | Yes |
| Referral Program | No |
Fairwealth Securities provides its sub-brokers with three types of business models; they are:
- Master Franchise
- Sub Broker
- Remisier
Fairwealth Securities Master Franchise Model
The Master franchise model is very much similar to the Sub broker model. The only distinction between the two is that in the Master Franchise model, the master franchise is the owner of that location and no other sub-broker is allowed to work at the place where the master franchise is working.
Fairwealth Securities Sub Broker Model
Fairwealth Securities provide its brokers with the Share Sub broker business model wherein it gives full freedom to all its sub-brokers to work under the title of the company.
In this model, there is a monopoly of business which is the basic distinction from the master franchise model. Here, two or more sub-brokers from the same firm are free to work together or set up their broking businesses at the same location as the other broker.
Fairwealth Securities Remisier Model
In the Remisier model offered by Fairwealth Securities, It is actually an agent that provides good leads to the broker parties and gets some percentage of commission from the revenues once the leads are successfully converted.
Fairwealth Securities Franchise Commission Models / Revenue Sharing Models
Find the below table to know Fairwealth Securities Franchise Commission Models and Revenue Sharing Models:
| Master Franchise | 75% – 80% |
| Sub Broker | 50% – 70% |
| Remisier | 10% |
| Referral Program | NA |
Fairwealth Securities allows its sub-brokers with a decent percentage in revenue sharing. The details of the prospect are discussed below:
- Master Franchise
- Sub Broker
- Remisier
The commission received by the brokers working under Fairwealth Securities under
Master Franchise Model has revenues ranging between 75%-80% depending on the amount that they paid for their initial cost.
For the Sub-broker model, the brokers are entitled to a minimum of 50% and the percentage can go higher up to 70% based on their security cost.
As for the Remisier model, the sub-brokers avail up to 10% of the revenue by the company based on the leads provided by them that got converted.
Check out Revenue Sharing of other Sub Brokers
Fairwealth Securities Franchise Cost / Security Deposit
The below Tables gives a good understanding of Fairwealth Securities Franchise Cost:
| Master Franchise | Rs.200,000 – Rs.400,000 |
| Sub Broker | Rs.50,000 – Rs.100,000 |
| Remisier | Rs.10,000 |
| Referral Program | NA |
The Initial deposit for the Master Franchise model starts at Rs. 200,000 which you will have to pay.
An important aspect to keep in mind is that the amount you will deposit as the initial deposit will determine the percentage of revenue that you will get back from the profits.
The higher the amount of the initial deposit, the greater will be your rate of returns. The maximum amount that you can reserve as a security deposit is Rs 400,000.
For the Sub broker model, the minimum amount of security deposit required is Rs 50,000 and the maximum amount you can pay is Rs. 100,000.
As for the Remisier Program, one needs to provide Rs. 10,000 to become a partner with Fairwealth Securities. These amounts are kept as a security deposit under Fairwealth Securities and you will have to carry on business under the firm’s name.
Here are Security Deposit info of other Stock Broking Franchise
Fairwealth Securities Partner Infrastructure Requirement
Check the table to know Fairwealth Securities Partner Infrastructure Requirement:
| Office Area | Minimum 250 SqFt |
| Employee Strength | Minimum 3 |
| Research Services | Yes |
| Internet Connection | No |
| Trading Terminals | Yes |
| Telephone Lines | No |
The infrastructure that is mandatory for you
- Need 250 sq feet office area
- Should be at least 3 employees
- Research services
- Trading terminals
Fairwealth Securities Sub Broker Offers
Find below various Fairwealth Securities Sub Broker Offers:
| Zero Deposit | Yes |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | Yes |
Fairwealth Securities provide some really good offers and benefits to its sub-brokers and clients, some of them are:
- Zero Deposit
- Flexible Revenue Sharing
- Zero Revenue sharing with Prepaid
Check out other companies Sub Broker Offers
Fairwealth Securities Franchise Support
The below table consists of various support provided by the Fairwealth Securities Authorised Person program:
| Marketing Support | Yes |
| Back-Office Support | Yes |
| Trading Support | No |
| Advisory Support | No |
| Dealing Training | Yes |
| Acquisition Training | No |
| Product Training | Yes |
Support Given
- Marketing support
- Back office support
- Dealing training
- Product Training
Fairwealth Securities Franchise – Brokerage Charges to Clients
The brokerage charges levied on the sub-brokers by Fairwealth Securities are mentioned below:
| Equity Delivery | 0.40% |
| Equity Intraday | 0.04% |
| Equity Futures | 0.04% |
| Equity Options | Rs.60 per Lot |
| Currency Futures | 0.04% |
| Currency Options | Rs.40 per Lot |
| Commodity | 0.04% |
0.40% for equity delivery, 0.04% for equity intraday, futures, currency futures, and commodities. Rs 60 per lot for equity options and Rs 40 per lot for currency options.
Fairwealth Securities Sub Broker – Account Opening Charges to Clients
The table gives proper information of Fairwealth Securities Account opening charges levied to its Franchise Clients:
| Demat AMC | Rs.300 per Annum |
| Trading AMC | Free |
| Account Opening Charges | Rs.250 |
| Transaction Charges | 0.00275% |
| Margin Money | Minimum Rs.15,000 |
Fairwealth Securities charge its clients in a very decent and fair manner. The clients have to pay Rs.300 per annum as Demat AMC, Rs.250 as account opening charges, 0.00275% transaction charges, and a minimum of Rs.15,000 as Margin Money.
Benefits of Fairwealth Securities Partner Program
The Fairwealth Securities Sub-brokers program is beneficial for the sub-brokers as –
- Back office support
- Flexible Revenue sharing
- Great and effective marketing support
- An opportunity to work with an experienced and renowned brand.
- Great and effective marketing support
Become a Sub Broker with Fairwealth Securities – Just Fill up the form
Find detailed review of other Sub Broker Franchise