JK Securities is a key player in the stock market with hundreds of JK Securities Sub Broker working under them across India.
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:
|Revenue Sharing Model||2.5/5|
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:
|Broker type||Full Service Broker|
|Founder||Kirit A Patel|
|SB Code Activation Time||31 Days|
|Payout Time||33 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
Compare Sub Broker Franchise
JK Securities Sub Broker – Business Models
Find below table for details:
JK Securities Sub Brokership
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 Franchise||75% – 85%|
|Sub Broker||50% – 70%|
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 Franchise||Rs.200,000 – Rs.500,000|
|Sub Broker||Rs.50,000 – Rs.100,000|
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.
Here are Security Deposit info of other Stock Broking Franchise
JK Securities Partner Infrastructure Requirement
Check the table to know JK Securities Partner Infrastructure Requirement:
|Office Area||Minimum 200 Sq Ft|
|Employee Strength||Minimum 3|
It is mandatory to have the 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 an 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:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||Yes|
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 for flexible revenue sharing.
But it does not allow flat revenue sharing.
Check out other companies Sub Broker Offers
JK Securities Franchise Support
Below table consist of various support provided by JK Securities Authorised Person program:
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 Options||Rs.17 per Lot|
|Currency Options||Rs.17 per Lot|
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 AMC||Rs.170 per Annum|
|Trading AMC||Rs.170 per Annum|
|Account Opening Charges||Zero|
|Margin Money||Zero 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
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
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