J M Global is a key player in the stock market with hundreds of J M Global Sub Broker working under them across India.
J M Global Equities has its base in Mumbai, Maharashtra and has been successfully serving its customer over 28 years now. The broking house is a private company that provides full brokerage services to its partners and customers.
In this article, we will be discussing some important factors of J M Global Franchise. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges and other programs covered by J M Global Equities Share Sub Brokers Company.
J M Global Franchise – Customer Ratings
Find below table to know Customer Ratings of J M Global Sub Broker:
|Revenue Sharing Model||2.5/5|
Being one of the oldest and the most reliable share broking company to exist in Mumbai, J M Global Equities has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of J M Global Equities Share Sub 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 J M Global Franchise / Sub Broker
Details about J M Global Franchise is given in the below table:
|Broker type||Full Service Broker|
|Founder||Manish Rasiklal Mansata|
|SB Code Activation Time||28 Days|
|Payout Time||3-4 Weeks|
J M Global Equities is a public company that presents full brokerage service to all its customers. It was established by Manish Rasiklal Mansata in the year 1991 and has its headquarters in Mumbai.
The Sub Broker Activation time required for J M Global Equities Sub Broker is 28 days and their payout time is 3 to 4 weeks.
Become a Sub Broker with J M Global – Just Fill up the form
Compare Sub Broker Franchise
J M Global Sub Broker – Business Models
Find below table for details:
J M Global Sub Brokership
In this model, the J M Global Equities offers other various sub-brokers its franchise and the brokers are at the liberty to work under the company name.
This model allows for a monopoly business wherein more than one particular sub-broker belonging to the same company can work at the same place with other sub-broker of the same company.
J M Global Sub Broker Commission / Revenue Sharing
Find below table to know J M Global Securities Franchise Commission Models and Revenue Sharing Models:
|Sub Broker||50% – 75%|
|Remisier||15% + Rs.499 per A/C|
Considered as one of the best broker franchise in Delhi, J M Global Equities offers great and accurate Revenue Sharing opportunities. The Revenue received by the sub-brokers working under J M Global Equities is calculated on the basis of the following terms:
- Sub Broker
The commission received by Remisier the brokers of J M Global Equities has its revenue sharing charges 15% + Rs 499 per account 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 50% of the leads and can range maximum up to 75% of the leads that they provide the company with and the converts.
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J M Global Franchise Cost / Security Deposit
Below Tables gives a good understanding of J M Global Securities Franchise Cost:
|Sub Broker||Rs.50,000 – Rs.100,000|
The Security deposit or Initial cost that you need to reserve with J M Global Equities in order to work with the company is discussed in details below:
For the Remisier Business model, you will be required to procure an amount starting from just Rs 5000. Here, it is very important to keep in mind that this initial business investment is just a seat blockade and the whole amount will be refunded to you once the partnership is over.
For the Sub broker model, one needs to provide a minimum of Rs 50, 000 at the beginning of their partnership with J M Global Equities. One can go as high as Rs 100,000.
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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J M Global Partner Infrastructure Requirement
Check the table to know J M Global Partner Infrastructure Requirement:
|Office Area||Not Mandatory|
|Employee Strength||Not Mandatory|
It is mandatory to have the below-mentioned infrastructure if you plan on becoming a broker under J M Global Equities.
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 have Trading Terminals.
- It is not mandatory for your office area to have some telephone lines.
J M Global Sub Broker Offers
Find below various The J M Global 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 provided by J M Global Equities are considered one of the very basic and the best among its competitor.
The people working in J M Global Equities 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 for Zero revenue sharing with prepaid.
- However, it allows the sub-brokers the facility of zero deposits but not flat revenue sharing.
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J M Global Franchise Support
Below table consist of various support provided by J M Global Authorised Person program:
Some of the support facilities provided to the sub-brokers by J M Global Equities are:
- Marketing support
- Back-office support
- Advisory support
- Dealing training
- Product training
J M Global Authorised Person – Brokerage Charges to Clients
The table gives proper information of J M Global Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.13 per Lot|
|Currency Options||Rs.13 per Lot|
The brokerage Charges given by J M Global Equities to its sub-brokers are usually as per the normal market rates. They charge 0.13% to equity delivery, 0.01% to equity intraday, equity futures and currency futures.
They offer Rs 13 per lot to equity options and Rs 13 per lot to currency options. It offers equity futures, currency futures and commodity a percentage of 0.01.
J M Global Partner – Account Opening Charges to Clients
The table gives proper information of J M Global Account opening charges levied to its Franchise Clients:
|Demat AMC||Rs.130 per Annum|
|Trading AMC||Rs.130 per Annum|
|Account Opening Charges||Zero|
|Margin Money||Minimum Rs.13,000|
The charges acquired by the clients working under J M Global Equities are very reasonable and valid. They charge Rs 130 for Demat AMC and provide Trading AMC at Rs 130 per annum.
The account opening charge is Rs zero and the transaction charges run up to 0.00275%, and the margin of minimum Rs 13000.
Benefits of J M Global Partner Program
The J M Global Sub-brokers program is beneficial for the sub-brokers as –
Apart from great incentives for clients and fine revenue returns, there are a lot of reasons why you should consider working with J M Global Equities, these include:
- An opportunity to work with an experienced and renowned brand.
- Quick online account opening process for the clients
- Great and effective marketing support
- Client Acquisition support
- Flexible Revenue sharing
- Back-office support
- Zero Revenue Sharing with prepaid.
Become a Sub Broker with J M Global – Just Fill up the form
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