India Advantage Sub Broker / Franchise / Authorised Person / Partner Review

India Advantage is a key player in the stock market with hundreds of India Advantage Sub Broker working under them across India.

India Advantage Sub Broker

India Advantage Securities has its base in Mumbai and has been successfully serving its customer over 29 years now. India Advantage Securities is a public company that provides full brokerage services to its partners and customers.

In this article, we will be discussing some important factors of India Advantage Sub Broker Company. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges and other programmes covered by India Advantage Securities Brokers Company.


India Advantage Franchise – Customer Ratings

Find below table to know Customer Ratings of India Advantage Sub Broker:

Experience2.3/5
Services2.4/5
Products2.5/5
Trading Platforms2.3/5
Support2.4/5
Revenue Sharing Model2.5/5
Security Deposit2.4/5
Offers2.4/5
Market Share2.1/5
Overall Ratings2.3/5
Star Ratings★★★☆☆

Being one of the oldest and the most reliable share broking company to exist in Mumbai, India Advantage Securities has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of India Advantage Securities Broker is better than just average.

The people who have worked with the company have claimed that the company presents good customer services, security deposits, experience, revenue sharing model, support, etc. Keeping in mind all these things and on creating an overall sheet, we find that the average rating that the company got is around 3 points out of 5 which proves its excellence.


Overview of India Advantage Franchise / Sub Broker

Details about India Advantage Franchise is given in the below table:

Company TypePublic
Broker typeFull Service Broker
HeadquartersMumbai, Maharashtra
FounderPravin Mehta
Established Year1990
SB Code Activation Time31 Days
Payout Time33 Days

India Advantage Securities is a public company that presents full brokerage service to all its customers. It was established by Pravin Mehta in the year 1990 and had its headquarters in Mumbai. The Broker Activation time required for India Advantage Securities Broker is 31 days and their payout time is 33 days.


Become a Sub Broker with India Advantage – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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India Advantage Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramYes

India Advantage provide sub-brokership to individuals and entities who want to work along with them. The India Advantage Sub Brokers business model is described below –

There are two types of business franchise available for brokers working under India Advantage Securities, they are:

  1. Referral program
  2. Sub Broker

India Advantage Sub Broker / Authorised Person Model

 

 


India Advantage Sub Broker Commission / Revenue Sharing

Find below table to know India Advantage Securities Franchise Commission Models and Revenue Sharing Models:

Master FranchiseNA
Sub Broker55% – 75%
RemisierNA
Referral Program15%

Considered as one of the best broker franchise in Mumbai, India Advantage Securities offers great and accurate Revenue Sharing opportunities. The Revenue received by the sub-brokers working under India Advantage Securities is calculated on the basis of the following terms:

  • Referral program
  • Sub Broker

The commission received by the brokers of India Advantage Securities has its revenue sharing charges ranging between 15% depending on the amount of security deposit that they have kept with the company.

As for the Sub-broker business model, the sub-brokers are allowed starting from 55% of the leads and can range maximum up to 75% of the leads that they provide the company with and the converts.

India Advantage Securities


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India Advantage Franchise Cost / Security Deposit

Below Tables gives a good understanding of India Advantage Securities Franchise Cost:

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.200,000
RemisierNA
Referral ProgramZero

The Security deposit or Initial cost that you need to reserve with India Advantage Securities to work with the company is discussed in details below:

For the Referral program Business model, you will be required to procure no amount.

For the Sub broker model, one needs to provide a minimum of Rs 50, 000 at the beginning of their partnership with India Advantage Securities. One can go as high as Rs 200,000. It is very important to keep in mind that the higher the amount of security deposit with the company is, the higher is the rate of revenue which will be generated in the end.


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India Advantage Partner Infrastructure Requirement

Check the table to know India Advantage Partner Infrastructure Requirement:

Office AreaMinimum 150 Sq Ft
Employee StrengthMinimum 1
Research ServicesYes
Internet ConnectionNo
Trading TerminalsYes
Telephone LinesYes

It is mandatory to have the below mentioned infrastructure if you plan on becoming a broker under India Advantage Securities. These are pretty much the most basic rules that any company asks for before inviting brokers to work under them. Hence, the fulfilments of the following rules are compulsory and important:

  • You should be in possession of at least 150 sq. Feet office area that you are working in.
  • You should have at least 1 employees working for and under you.
  • Doing Research services is mandatory.
  • You should have Trading Terminals.
  • It is not mandatory for your office area to have some telephone lines.

India Advantage Sub Broker Offers

Find below various The India Advantage Capital Share Sub Broker Offers:

Zero DepositYes
10k Initial DepositNo
Flexible Revenue SharingYes
Flat Revenue SharingNo
Zero Revenue Sharing with PrepaidNo

The offers provided by India Advantage Securities are considered one of the very basic and the best among its competitor. The people working in India Advantage Securities feel that it is very important to provide each and everyone with enough opportunities. Here are some of the offers allowed by the company:

  • The company allows you to have flexible revenue sharing.
  • It also allows you with zero deposits revenue sharing.

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India Advantage Franchise Support

Below table consist of various support provided by India Advantage Authorised Person program:

Marketing SupportNo
Back-Office SupportYes
Trading SupportNo
Advisory SupportYes
Dealing TrainingYes
Acquisition TrainingNo
Product TrainingYes

Some of the support facilities provided to the sub brokers by India Advantage Securities are:

  • Advisory support
  • Back-office support
  • Product training
  • Dealing training

India Advantage Authorised Person – Brokerage Charges to Clients

The table gives proper information of India Advantage Brokerage charges levied to its Franchise Clients:

Equity Delivery0.2% – 0.5%
Equity Intraday0.02% – 0.05%
Equity Futures0.02% – 0.05%
Equity OptionsRs.20 – Rs.50 per Lot
Currency Futures0.02% – 0.05%
Currency OptionsRs.10 – Rs.25 per Lot
Commodity0.02% – 0.05%

The brokerage Charges given by India Advantage Securities to its sub-brokers are usually as per the normal market rates. They charge 0.2 – 0.5% to equity delivery, 0.02 – 0.05% to equity intraday, equity futures and currency futures and commodity. They offer Rs 20 – 50 per lot to equity options and Rs 10 – 25 per lot to currency options.


India Advantage Partner – Account Opening Charges to Clients

The table gives proper information of India Advantage Account opening charges levied to its Franchise Clients:

Demat AMCRs.399 per Annum
Trading AMCFree
Account Opening ChargesRs.249
Transaction Charges0.00316%
Margin MoneyMinimum Rs.10,000

The charges acquired by the clients working under India Advantage Securities are very reasonable and valid. They charge Rs 399 for Demat AMC and provide free Trading AMC. The account opening charge is Rs 249 and the transaction charges run up to 0.00316%; and the margin of minimum 10,000.

Apart from this, India Advantage Securities offer the following:

  • INTUITIVE TRADING EXPERIENCE

It offers one of the most reputed, highly accepted and secure trading software. Their clients can easily manage their account, access their portfolios and have a hassle-free trading experience within seconds.

  • CUSTOMER SERVICES

They are highly committed to providing the best-personalized services possible.

  • ONE-STOP FINANCIAL SOLUTION

They have a great range of products & services as per variant investment needs.


Benefits of India Advantage Partner Program

The India Advantage Sub-brokers program is beneficial for the sub-brokers as –

 

 


Become a Sub Broker with India Advantage – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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