JK Securities Sub Broker / Franchise / Authorised Person / Partner Review

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

JK Securities Sub Broker

JK SECURITIES has its base in New Delhi and has been successfully serving its customer over 23 years now. JK securities 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 JK SECURITIES Share Sub Broker Company. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges and other programmes.


JK Securities Franchise – Customer Ratings

Find below table to know Customer Ratings of JK Securities 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★★★☆☆

JK Securities has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of JK securities 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 JK Securities Franchise / Sub Broker

Details about JK Securities Franchise is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersAhmedabad, Gujarat
FounderKirit A Patel
Established Year1995
SB Code Activation Time31 Days
Payout Time33 Days

It is a private company that present full brokerage service to all its customers. It was established in the year 1995 by the founder Kirit A Patel. Its headquarter is in Gujrat and Ahmedabad. The Sub Broker Activation time required for JK securities sub broker is 31 days and their payment time is 33 days.


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

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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JK Securities Sub Broker – Business Models

Find below table for details:

Master FranchiseYes
Sub BrokerYes
RemisierNo
Referral ProgramNo

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


JK Securities Sub Broker / Authorised Person Model

In this model, the JK securities 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.

JK securities Share Master Franchise Model

In a way, the Master Franchise is like the Sub Broker business. Here the only difference is that the master franchise is the owner of a particular location and in that location, no one else other than the master franchise can work.

 


JK Securities Sub Broker Commission / Revenue Sharing

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

Master Franchise75% – 85%
Sub Broker50% – 70%
RemisierNA
Referral ProgramNA

JK securities offers great and accurate Revenue Sharing opportunities.  The Revenue received by the sub-brokers working under JK securities is calculated on the basis of the following terms:

  • Master Franchise
  • Sub Broker

The commission received by the brokers of JK securities have their revenue sharing charges ranging between 75%-85% 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 70% of the leads that they provide the company with and the converts.


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JK Securities Franchise Cost / Security Deposit

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

Master FranchiseRs.200,000 – Rs.500,000
Sub BrokerRs.50,000 – Rs.100,000
RemisierNA
Referral ProgramNA

The Security deposit or Initial cost that you need to reserve with JK securities in order to work with the company is discussed in details below:

For the Master Franchise Business model, you will be required to procure an amount starting from just Rs 200,000 and the maximum amount is Rs 300,000. 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 JK securities. 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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JK Securities Partner Infrastructure Requirement

Check the table to know JK Securities Partner Infrastructure Requirement:

Office AreaMinimum 200 Sq Ft
Employee StrengthMinimum 3
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 JK 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 200 sq. Feet office area that you are working in.
  • You should have at least 3 employees working for and under you.
  • It is mandatory to do Research services.
  • It’s not a Compulsion to have a internet connection.
  • You should have Trading Terminals.

It is really important for your office to have telephone lines.


JK Securities Sub Broker Offers

Find below various The JK Securities Capital Share Sub Broker Offers:

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

The offers provided by JK securities are considered one of the very basic and the best among its competitor. The people working in JK 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:

  • It allows zero deposit.
  • It also allows for Zero revenue sharing with prepaid.
  • It even allows flexible revenue sharing.

But it does not allow flat revenue sharing.


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JK Securities Franchise Support

Below table consist of various support provided by JK Securities Authorised Person program:

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

Some of the support facilities provided to the sub brokers by JK securities are:

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

However, It does not provide facilities like acquisition training and marketing support.


JK Securities Authorised Person – Brokerage Charges to Clients

The table gives proper information of JK Securities Brokerage charges levied to its Franchise Clients:

Equity Delivery0.17%
Equity Intraday0.02%
Equity Futures0.02%
Equity OptionsRs.17 per Lot
Currency Futures0.02%
Currency OptionsRs.17 per Lot
Commodity0.02%

The brokerage Charges given by JK securities to its clients are usually as per the normal market rates. They charge 0.17% to equity delivery, 0.02% to equity intraday, equity futures and currency futures. They offer Rs.17 per lot to equity options and Rs.17 per lot to currency options.


JK Securities Partner – Account Opening Charges to Clients

The table gives proper information of JK Securities Account opening charges levied to its Franchise Clients:

Demat AMCRs.170 per Annum
Trading AMCRs.170 per Annum
Account Opening ChargesZero
Transaction Charges0.00317%
Margin MoneyZero Margin

The charges acquired by the clients working under JK securities are very reasonable and valid. They charge Rs.170 per annum for Demat AMC and the trading AMC charges are also same as demat charges . The account opening charge is Rs.0 and the transaction charges run up to 0.00317%; and they have zero margin money.


Benefits of JK Securities Partner Program

The JK Securities 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 JK securities, 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 JK Securities – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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