Jhaveri Securities Sub Broker / Franchise / Authorized Person / Partner Review

Jhaveri Securities Sub Broker Program is quite old & re-known. Here, you will get to know about Jhaveri Securities Franchise, its revenue sharing, cost, offers & more.

Top Business Model Sub Broker
Revenue Sharing 50% – 70%
Security Deposit Rs.50,000 – Rs.300,000
Become Sub Broker in 27 Days
Receive Payout in 30 Days
Founder Kamlesh Jitendra Jhaveri
Established Year 1992

Along with this, you will find all the information on Jhaveri Securities such as offers, advantages, brokerage charges etc.

Jhaveri Securities Franchise Offers

Jhaveri Securities Sub Broker – Customer Ratings

Find below Jhaveri Securities Sub broker Ratings:

Customer Ratings
Experience 2.6/5
Services 2.3/5
Products 2.5/5
Trading Platforms 2.1/5
Support 2.6/5
Revenue Sharing Model 2.7/5
Security Deposit 2.4/5
Offers 2.5/5
Market Share 2.6/5
Overll Ratings 2.4/5
Star Ratings ★★★☆☆

Jhaveri Securities Franchise is worth trying out. They provide the Online Trading Platform and provide good customer support but there are areas that can be improved for enhancing service. They are best known for the Revenue Sharing Model.

It is ranked as average on the basis of customer experience, services, products, revenue sharing model, and offers. Taking all other ratings into account, the overall rating of the company is around 2.4 points out of 5 points.

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    About Jhaveri Securities Franchise

    The below table provides info about the Jhaveri Securities ‘ broker business:

    Company Type Private
    Broker type Full Service Broker
    Headquarters Vadodara, Gujrat
    Founder Kamlesh Jitendra Jhaveri
    Established Year 1992
    SB Code Activation Time 27 Days
    Payout Time 30 Days

    Jhaveri Securities was established back in the year 1992 as Jhaveri Securities by Kamlesh Jitendra Jhaveri. It now serves over 100,000 customers in a similar sector. They provide exclusive research tools and required resources to their clients.

    Jhaveri Securities Sub brokerJhaveri Securities Franchise business is certainly one of the lucrative partnership offerings out there in the stock broking space.

    When it comes to full-service broking, Jhaveri Securities Franchise is one of the oldest and largest stockbrokers in Vadodara, Gujrat. SB Code takes 27 Days of Activation Time and takes 30 Days for Payout.

    Jhaveri Securities Sub Broker – Business Models

    Business Models
    Master Franchise No
    Sub Broker Yes
    Remisier Yes
    Referral Program No

    There are two different business models available with Jhaveri Securities Share Sub Broker which are –

    • Sub Broker Model
    • Remisier Program

    Jhaveri Securities Sub Broker Model

    Jhaveri Securities provides business opportunities to an individual by registering them as Sub Brokers / Authorized Persons. The broking house provides trading terminals through which the Sub broker can offer a range of financial.

    Sub Brokers / Authorized Person acts as business catalyst for Jhaveri Securities

    Jhaveri Securities Remisier Program

    In the Remisier Program of Jhaveri Securities provide acquire, develop & nurtures clients. Remisier is more a merchant than Dealers as their income depends on their trades.

    Jhaveri Securities Sub Broker Commission / Revenue Sharing

    Find the below table to know Jhaveri Securities Franchise Commission model:

    Revenue Sharing
    Master Franchise NA
    Sub Broker 50% – 70%
    Remisier 20%
    Referral Program NA

    The Jhaveri Securities appoints Sub brokers on 50%–70% and Remisier  on 20% sharing model

    Jhaveri Securities offers the opportunity to be partners in profits as a token of appreciation of trading with Jhaveri Securities.

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    Jhaveri Securities Franchise Cost / Security Deposit

    Below Tables gives a good understanding of Jhaveri Securities Franchise Cost:

    Security Deposit
    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.300,000
    Remisier Rs.20,000
    Referral Program NA

    For the Franchise Cost or the Security deposit, you need to have to take franchise ownership or Sub brokership of Jhaveri Securities is discussed here.

    Jhaveri Securities Franchise Cost for Sub Broker is Rs. 50,000 – Rs. 300,000 as a Security Deposit.  And Rs. 20,000 Security Deposit for Remisier.

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    Jhaveri Securities Partner Infrastructure Requirement

    Check the table to know Jhaveri Securities Partner Infrastructure Requirement:

    Infrastructure Requirement
    Office Area Minimum 150 Sq Ft
    Employee Strength Minimum 2
    Research Services No
    Internet Connection Yes
    Trading Terminals Yes
    Telephone Lines Yes

    The Jhaveri Securities Franchise infrastructure requirement is detailed below.

    • A minimum of 150 Sq Ft of Office Area is required and nothing smaller than this will be applicable.
    • It is important to have Minimum of 2 Employees to manage.
    • Internet Connection and Telephone Lines are mandatory to provide premises.
    • Terminal need to be present in the office.
    • Technical and Fundamental Research with daily calls.
    • Online Back office access Quality of Calls on email and text message.

    Jhaveri Securities Sub Broker Offers

    Find below various Jhaveri Securities Sub Broker Offers:

    Zero Deposit Yes
    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 Jhaveri Securities which are as follows –

    • Zero deposit is offered for the Sub brokers of the Jhaveri Securities
    • The initial deposit of Rs 10,000 is not required.
    • They allow Flexible Revenue Sharing to Sub Broker.
    • A flat revenue share is not required by to sub-broker.

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    Jhaveri Securities Franchise Support

    Get Support details below table:

    Marketing Support Yes
    Back-Office Support Yes
    Trading Support No
    Advisory Support Yes
    Dealing Training Yes
    Acquisition Training No
    Product Training Yes

    Jhaveri Securities supports thoroughly its business affiliates in all aspects of the trading business.

    • Provide Marketing Support, Brand Support, and Back-Office Support.
    • Advisory Support is provided to help retain clients.
    • Training in Dealing and Product is provided which helps them to perform better with clients.
    • Provide Online Risk Monitor
    • Modernized and Mechanized terminal

    Jhaveri Securities Authorised Person – Brokerage Charges to Clients

    The below table gives an understanding of Brokerage charges levied by Jhaveri Securities to their Sub Broker’s Clients:

    Brokerage Charges to Clients
    Equity Delivery 0.20%
    Equity Intraday 0.03%
    Equity Futures 0.03%
    Equity Options Rs.50 per Lot
    Currency Futures 0.03%
    Currency Options Rs.20 per Lot
    Commodity NA

    The brokerage charges of the Jhaveri Securities franchise are fairly easy and at par with the market charges. They charge 0.20% for equity delivery.

    Then they charge 0.03% for the intraday trading of the equities and also for equity futures, currency futures, and also for commodities. For the equity options, the charge is flat Rs. 50 per lot and for currency options, it is Rs. 20 per lot.

    Jhaveri Securities Partner – Account Opening Charges to Clients

    The table gives proper information on Jhaveri Securities Account opening charges levied to its Franchise Clients:

    Account Opening Charges to Clients
    Demat AMC Rs.400
    Trading AMC Rs.300
    Account Opening Charges Rs.199
    Transaction Charges 0.00325%
    Margin Money Rs.10,000 Minimum

    The Jhaveri Securities Share Demat Account opening charge is Rs. 400 for the clients per year. For the De-mat Account, the trading account is opened for Rs 300.

    The transaction charges are 0.00% and Rs. 10,000 minimum margin money that the client has to maintain.

     Benefits of Jhaveri Securities Partner Program

    • Strong research teams, their expert opinion, and the trading analysis report help business partners and customers to make good profits from those research reports.
    • Trading platforms like Jetrade help investors to gain a better understanding of opportunities in stock markets.
    • *The online software of Jhaveri Securities services helps clients to do trade via mobile.
    • The broker provides its customers and business partners with various products and services. So they don’t need to move for any product to any other broking home.

    Become a Sub Broker with Jhaveri Securities – Just Fill up the form

      Become a Sub Broker
      1. Become Sub Broker

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      List of Top Jhaveri Securities Consultants  Partners/ Business Partners

      Company List Remisiers Name Trade Name Remisiers Registration No.
      JHAVERI SECURITIES Alpesh Rameshbhai Arora Alpesh Rameshbhai Arora R/3015/35807/15/03/2010
      JHAVERI SECURITIES Amisha Tejalkumar Patel Amisha Tejalkumar Patel R/3015/30598/28/07/2009
      JHAVERI SECURITIES Anamika A Shah Anamika A Shah R/3015/26696/06/01/2009
      JHAVERI SECURITIES Ashok R. Shah Ashok R. Shah R/3015/24922/20/10/2008
      JHAVERI SECURITIES Ashwin Krishnakant Shukla Ashwin Krishnakant Shukla R/3015/35380/18/02/2010
      JHAVERI SECURITIES Ashwin S. Shah Ashwin S. Shah R/3015/22938/09/07/2008
      JHAVERI SECURITIES Atul V. Desai Atul V. Desai R/3015/23815/26/08/2008
      JHAVERI SECURITIES Bharat D. Motavar Bharat D. Motavar R/3015/18185/30/11/2007
      JHAVERI SECURITIES Bhupendra M Purohit Bhupendra M Purohit R/3015/35493/24/02/2010
      JHAVERI SECURITIES Chandrakant Amritlal Shah Chandrakant Amritlal Shah R/3015/38038/30/07/2010
      JHAVERI SECURITIES Chandrakant J Prajapati Chandrakant J Prajapati R/3015/36141/30/03/2010
      JHAVERI SECURITIES Chinubhai J. Patel Chinubhai J. Patel R/3015/13973/09/03/2007
      JHAVERI SECURITIES Darshana D. Vyas Darshana D. Vyas R/3015/21865/23/05/2008