Fortune Capital Securities (Fortune Trading) is a key player in the stock market with hundreds of Fortune Capital Sub Broker or Fortune Trading Sub Broker working under them across India.
Fortune Capital Securities is an online financial services company that enables active trading through:-
- Innovative brokerage solution.
- Online Investment Platform for Wealth Management through Mutual Funds to individuals and group
- Exemplary customer services at extremely competitive prices
Fortune has two legal entities under its brand with
- Fortune Trading Corporation rendering services for Commodities trading,
- Fortune Capital Pvt. Ltd, for trading in Equities, Derivatives, and Currencies.
In this following article all details of securities Sub Broker, franchise, authorized person and Partner Review.
Fortune Trading Sub Broker – Customer Ratings
Find below table to know Customer Ratings of Fortune Capital Sub Broker:
|Revenue Sharing Model||2.4/5|
Fortune Capital Sub Broker has rated good overall by customers, i.e. 2.5 out of 5. Customers are satisfied with their services and offers. There are a few flaws that can be improved to become excellent.
The drawbacks are as follows:-
- If the customer wants to contact out to Fortune Capital stockbroker, they can get in touch between 8 am to 8 pm on weekdays and 8 am to 4 pm on Saturdays. No support is provided on Sundays.
- The broker has limited options open to its customers and has not yet implemented online resolution mechanisms.
- The quality aspect of customer support, the broker needs to improve many things including response time and the quality of decisions so that managers understand the stock market overall.
- A limited number of trading and investment products less focus on technology with only one in-house trading platform (mobile app) and that too is average in performance.
About Fortune Trading Franchise
Details about Fortune Capital Franchise is given in the below table:
|Broker type||Full Service Broker|
|Founder||K. Narayana Moorthy|
|SB Code Activation Time||31 Days|
|Payout Time||3-4 Weeks|
Fortune Capital is a private stock broker company, founded by K. Narayana Moorthy.
It is a fast growing Chennai-based financial courier house with several branches in major Indian cities. Started in 2004, they became one of South India’s leading financial services firms.
There are over 45000 customers in the region and a strong network of business partners.
Fortune trading is a discount broker but then also they have a running partnership with multiple business associates and branches across major cities of the country.
They take 31 Days for activating SB Code and 3-4 Weeks for payout.
Become a Sub Broker with Fortune Capital Services – Just Fill up the form
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Fortune Capital Services Sub Broker – Business Models
Find below table for details:
Fortune Capital Services Sub Brokership
Sub – Broker is an important broker in the capital market segment between the franchisee and Fortune Capital. The Exchange Trading members are entitled to designate assisting agents for investors to buy, sell or deal in securities as agents of the trading member concerned.
Fortune Capital Services Referral Program
The reference program requires that individuals become associates by referring fellow traders to them and acquire the Commission in every order they execute according to agreed terms and conditions.
Moreover, as long as the trader named continues to trade with them, the individual shall be eligible for revenue. Individuals can check their daily profits in their Back Office account at any time.
Fortune Capital Franchise Commission Models / Revenue Sharing Models
Revenue Sharing Models for Fortune Capital sub broker is discussed below.
|Sub Broker||60% – 80%|
|Referral Program||Rs.2,500 per Refer|
Fortune Capital Franchise in exchange, the franchisee pays certain charges and agrees to meet sure requirements, usually provided for in franchise conformity.
Sub Broker has to supply Commission of range minimum 60% to a maximum of 80 %.
As per referral program revenue sharing of Rs.2,500 per Refer is offered.
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Fortune Capital Services Franchise Cost / Security Deposit
The table below discusses franchise cost:
|Sub Broker||Rs.25,000 – Rs.100,000|
The franchise cost is the cost to franchisee business from Fortune Capital, by deposition security amount. And sign franchise agreement between them.
In return Fortune capital help to expand their business by providing products, services and to trade under their name.
Sub Broker has to pay franchise cost of Rs.25, 000 – Rs.100, 000.
Referral Program partnership does not require any security deposit.
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Fortune Capital Services Partner Infrastructure Requirement
Infrastructure Requirement for Fortune capital is discussed.
|Office Area||Minimum 100 Sq Ft|
|Employee Strength||Minimum 1|
Business partner with Fortune capital is required to meet Infrastructure provision to rally the business and social requirements.
- Office area for business of minimum 100 sq Ft is mandatory.
- Workspace with internet connectivity is required to connect trading terminal and back office systems
- Telephone lines are not obligatory.
- Separate broadband connection for back office reports.
- Trading Terminals should be provided to traders to place trading order.
- Research Services is Trading recommendation is recommended to provide to the customer.
- Minimum 1 employee should be present in office to serve customer.
Fortune Capital Services Sub Broker Offers
Find below various Fortune capital Securities Sub Broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
There are various offers available for the Sub brokers of the Fortune capital Franchise which are as follows –
- Zero deposit is offered for the Sub brokers of the Fortune capital.
- The initial deposit of Rs 10,000 is not required.
- Fortune capital allows flexible revenue sharing to sub broker.
- Flat revenue share is not permitted to sub broker.
- Zero revenue sharing with Prepaid is not allowed.
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Fortune Capital Services Franchise Support
Franchise Support provided by fortune capital is discussed:-
Fortune Capital Securities support franchise to develop their production by supporting them.
- Fortune trading basically offers three trading platforms across Desktop, web-based and mobile applications. The mobile app is the only in-house developed trading application while the rest 2 are NSE based trading software.
- Provide Back-Office Support by their RM for Trading and Wealth Management.
- Dealer Terminal at Office / Premises.
- Reliable Support and Management Processes
- Online Products / Investor Terminal to Partners Clients at No Additional Cost
- Provide dealing training and product training.
Fortune Capital Services Franchise – Brokerage Charges to Clients
The table gives proper information of Fortune Capital Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.25 per Lot|
|Currency Options||Rs.15 per Lot|
Brokerage charges are certainly one of the most important things you must know about before you find out about a certain broker.
- Complete service stock brokers such as Fortune Trading, charge brokerage for a portion of total commercial value.
- Brokerage for Equity Delivery is charged 0.25%.
- For trading intraday basis 0.03% of brokerage is charged.
- Trading in equity futures is charged 0.03% of brokerage.
- For trading in equity options, flat brokerage of Rs.25 per Lot is charged.
- Flat Rs.15 per Lot of brokerage is charged for trading in currency options.
Fortune Capital Services Sub Broker – Account Opening Charges to Clients
The table gives proper information of Fortune Capital Account opening charges levied to its Franchise Clients:
|Demat AMC||Rs.300 per Annum|
|Account Opening Charges||Zero|
|Margin Money||Zero Margin|
Here are the details on Pricing of Fortune trading:
Fortune Sub Brokerpay upfront for opening your demat and trading accounts. Furthermore, there are annual maintenance charges (AMC) involved as well that need to be paid on a yearly basis:
- Demat AMC of Fortune securities is300 per Annum.
- AMC helps in diversifying the options for investing because of the large array of resources compared to that of an individual investor.
- The transaction fee is an expense a business must pay each time it processes an electronic payment for a customer transaction, they charge 00300%.
- Account Opening Charges are free of cost.
- For trading customer can maintain ZERO marginal money amounts.
Benefits of Fortune Capital Partner Program
The Fortune Capital Sub-brokers program is beneficial for the sub-brokers as –
- Stronghold in South India.
- Even though Fortune Trading is a discount broker, they do have offline branches for their clients.
- Fortune offers you exemplary services and robust platforms to trade in Equities, Derivatives (Futures & Options), Currency Derivatives and Commodities alongwith Demat Services and Mutual Fund Investments.
- Offer 3 online trading platform – Web-based, EXE-based trading and Mobile App.
- Online back-office and customer care support towards the empowerment of clients and providing them with services.
- Electronic communication- Digital Contract notes, Daily Margin & Ledger Statements etc.
- The online trading system allows customers to track the markets by setting up their own market watch, real-time charts.
Become a Sub Broker with Fortune Capital – Just Fill up the form
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