Greenbucks Securities is a key player in the stock market with hundreds of Greenbucks Securities Sub Broker working under them across India.
Greenbucks Securities is a renowned firm which is into share broking business in the Capital City of our country, Delhi. This article will focus on the Greenbucks Securities Sub-brokers business models, security deposit, offers and revenue percentage. This writes up will also enlighten the other aspects of the company which are analyzed in detail, for example, the other business models, brokerage plans, eligibility criteria and customer ratings of the company.
Greenbucks Securities Franchise – Customer Ratings
Find below table to know Customer Ratings of Greenbucks Securities Sub Broker:
|Revenue Sharing Model||2.4/5|
With an overall rating of 2.5, this company is one of the best in its own sector. The customers are satisfied with the quality of the services provided by the company and its partners. The services along with the various financial products are rated are rated at 2.6 and 2.5 respectively which depicts the customer satisfaction and the fact that they can rely on the company for their investment purpose.
The sub-brokers are also seemed to be highly satisfied as the support from the company is rated at 2.6 and the revenue sharing models are rated at 2.4. The offers for the sub-brokers seems to be lucrative enough to get a rating of 2.5 as well. The market share of the company stands at 2.4 rating which is quite good as compared to the peers.
Overview of Greenbucks Securities Franchise / Sub Broker
Details about Greenbucks Securities Franchise is given in the below table:
|Broker type||Full Service Broker|
|Founder||Uday S Singh|
|SB Code Activation Time||25 Days|
|Payout Time||4-5 Weeks|
Greenbucks Securities which is headquartered at Pitampura, Delhi is in this business since 2007. The company was founded by Uday S Singh and it provides all the required share broking services to its clients. This is a private concern which provides sub-brokership to various eligible entities who are interested in the business. The sub-broker code activation timeis stipulated at 25 days. The sub-broker’s Payout timeis around 4-5 weeks.
Become a Sub Broker with Greenbucks Securities – Just Fill up the form
Compare Sub Broker Franchise
Greenbucks Securities Sub Broker – Business Models
Find below table for details:
Greenbucks Securities provide sub-brokership to individuals and entities who want to work along with them. The Greenbucks Securities Sub Brokers business model is described below –
Greenbucks Securities follows two business model, one is through the Sub-brokers and another one is the Referral program.
Sub-brokers business model:Sub-brokers under Greenbucks Securities have to build their own customer base. They have to sell the products and services of the company to those clients and customers. Once the revenue is generated, the sub-brokers earn a part of that revenue. The sub-brokership is provided against a deposit that the sub-brokers keep with the company.
Referral Program: This business model is one with no monetary investment. Under this model, anyone who wants to become a part of this program can refer to anyone (relatives, friends, colleagues or anyone) who is a prospective customer of the company. If the referred person purchases any services or products of the company, Greenbucks Securities pays a flat amount to the person who referred the customer.
Greenbucks Securities Sub Broker / Authorised Person Model
Greenbucks Securities Sub Broker Commission / Revenue Sharing
Find below table to know Greenbucks Securities Securities Franchise Commission Models and Revenue Sharing Models:
|Sub Broker||60% – 75%|
|Referral Program||Rs.999 per Refer|
The revenue sharing model of Greenbucks Securities sub-brokersdepends on the amount of security deposit the sub-brokers give to the company. If the amount is minimum then they earn 60% of the revenue while the maximum revenue that can be earned against the maximum amount of security deposit is 75%.
Under the Referral Program, the partner earns Rs. 999 flat on any referral that is converted into sales.
Check Revenue Sharing Models of other Stock Broking Franchise
Greenbucks Securities Franchise Cost / Security Deposit
Below Tables gives a good understanding of Greenbucks Securities Securities Franchise Cost:
|Sub Broker||Rs.30,000 – Rs.100,000|
The security deposit is an important factor in determining the revenue that the sub-brokers will earn as mentioned in the last section. So, the minimum amount of security deposit that a sub-broker has to keep is Rs. 30000 while the amount can go up to Rs. 100000.
For the Referral program, the person need not deposit any amount. It is a no-investment business model.
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Greenbucks Securities Partner Infrastructure Requirement
Check the table to know Greenbucks Securities Partner Infrastructure Requirement:
|Office Area||Minimum 100 Sq Ft|
|Employee Strength||Minimum 1|
For being eligible to become a partner of Greenbucks Securities, a sub-broker must have –
- An office with a minimum of 100 square feet of area in it which can be completely used for the work purpose.
- The office must have one full-time employee working in it taking care of the deals and other work in the office.
- The sub-broker must have research services available for the clients.
- The office must be equipped with high-speed data or internet connection.
- The office needs to have advanced trading terminals.
Greenbucks Securities Sub Broker Offers
Find below various The Greenbucks Securities Capital Share Sub Broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||Yes|
The offers of Greenbucks Securities are –
- Partners of the company are offered great remuneration
- The company can help in achieving proper growth in your business
- Detailed analysis and research are done by the company and reports are shared with all the partners.
- The company’s experienced employees and executives are always there for supporting the partners
- Advanced trading terminals and software to deal way faster
- The company offers zero deposit partnership
- The revenue sharing method is quite transparent and flexible
- With prepaid, sub-brokers can earn the complete revenue of the sales.
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Greenbucks Securities Franchise Support
Below table consist of various support provided by Greenbucks Securities Authorised Person program:
The company provides trading support to the sub-brokers along with marketing support to fetch new clients by pitching products and services. The company also helps the sub-brokers with the back-office related work.
Greenbucks Securities Authorised Person – Brokerage Charges to Clients
The table gives proper information of Greenbucks Securities Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.15 per Lot|
|Currency Options||Rs.10 per Lot|
The company charges brokerage at 0.15% for the equity deliver. For the equity intraday and the equity futures as well as for the currency futures the brokerage rate is 0.02%. For equity options, the rate is flat Rs. 15 each lot and for currency options, it is Rs. 10 per lot.
Greenbucks Securities Partner – Account Opening Charges to Clients
The table gives proper information of Greenbucks Securities Account opening charges levied to its Franchise Clients:
|Account Opening Charges||Rs.300|
|Margin Money||Minimum Rs.10,000|
The account opening charges of Greenbucks Securitiesis Rs. 300 but there are no annual maintenance charges for Demat and trading account which is a great relief for the clients. The transaction cost per transaction is 0.00255% of the same. The clients need to keep at least Rs. 10000 as margin money.
Benefits of Greenbucks Securities Partner Program
The Greenbucks Securities Sub-brokers program is beneficial for the sub-brokers as –
- Transparent revenue sharing models
- Advanced trading technologies
- Researched and professional advisory services
- Minimum brokerage charges
- No annual maintenance charges
Become a Sub Broker with Greenbucks Securities – Just Fill up the form
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