Nine Star is a key player in the stock market with hundreds of Nine Star Sub Broker working under them across India.
| Summary | |
| Top Business Model | Sub Broker |
| Revenue Sharing | 50% – 75% |
| Security Deposit | Rs.50,000 – Rs.150,000 |
| Become Sub Broker in | 3-5 Weeks |
| Receive Payout in | 33 Days |
| Founder | Jugal Rathi |
| Established Year | 2010 |
Nine star broking has its base in Jodhpur and has been successfully serving its customer over 5 years now. Nine star broking 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 Nine Star Franchise. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges and other programs.
Nine Star Franchise – Customer Ratings
Find below table to know Customer Ratings of Nine Star Sub Broker:
| Experience | 2.3/5 |
| Services | 2.4/5 |
| Products | 2.5/5 |
| Trading Platforms | 2.3/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.5/5 |
| Security Deposit | 2.4/5 |
| Offers | 2.4/5 |
| Market Share | 2.1/5 |
| Overall Ratings | 2.3/5 |
| Star Ratings | ★★★☆☆ |
Nine star broking has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of nine star broking Share 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 Nine Star Franchise / Sub Broker
Details about Nine Star Franchise is given in the below table:
| Company Type | Private |
| Broker type | Full Service Broker |
| Headquarters | Jodhpur, Rajasthan |
| Founder | Jugal Rathi |
| Established Year | 2010 |
| SB Code Activation Time | 3-5 Weeks |
| Payout Time | 33 Days |
Nine star broking has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of nine star broking Share 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.
Become a Sub Broker with Nine Star – Just Fill up the form
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Nine Star Sub Broker – Business Models
Find below table for details:
| Master Franchise | No |
| Sub Broker | Yes |
| Remisier | No |
| Referral Program | Yes |
Nine Star Sub Brokership
In this model, the Nine Star broking offers other various sub-brokers its franchise and the brokers are at 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.
Nine Star Referral Program
In a way, the referral program is like the Sub Broker business.
Nine Star Sub Broker Commission / Revenue Sharing
Find below table to know Nine Star Securities Franchise Commission Models and Revenue Sharing Models:
| Master Franchise | NA |
| Sub Broker | 50% – 75% |
| Remisier | NA |
| Referral Program | 15% |
Nine Star broking offers great and accurate Revenue Sharing opportunities. The Revenue received by the sub-brokers working under Nine Star broking is calculated on the basis of the following terms:
- Referral program
- Sub Broker
The commission received by the brokers of Nine Star broking have their revenue sharing charges starting from 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 50% of the leads and can range maximum up to 75% of the leads that they provide the company with and the converts.
Check out Revenue Sharing of other Sub Brokers
Nine Star Franchise Cost / Security Deposit
Below Tables gives a good understanding of Nine Star Securities Franchise Cost:
| Master Franchise | NA |
| Sub Broker | Rs.50,000 – Rs.150,000 |
| Remisier | NA |
| Referral Program | Zero |
The Security deposit or Initial cost that you need to reserve with Nine Star broking in order to work with the company is discussed in details below:
For the referral program Business model, you will be required not to pay even a single penny for it.
For the Sub broker model, one needs to provide a minimum of Rs 50, 000 at the beginning of their partnership with Nine Star broking. One can go as high as Rs 150,000.
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
Nine Star Partner Infrastructure Requirement
Check the table to know Nine Star Partner Infrastructure Requirement:
| Office Area | Not Mandatory |
| Employee Strength | Minimum 1 |
| Research Services | Yes |
| Internet Connection | No |
| Trading Terminals | No |
| Telephone Lines | Yes |
It is mandatory to have the mentioned infrastructure if you plan on becoming a broker under Nine Star broking. These are pretty much the most basic rules that any company asks for before inviting brokers to work under them. Hence, the fulfillments of the following rules are compulsory and important:
- You should or shouldn’t have an official office area as it’s not mandatory.
- You should have at least 1 employees working for and under you.
- It is not mandatory to do Research services.
- It’s not a Compulsion to have an internet connection.
- It’s not even mandatory to have Trading Terminals.
It is really important for you to have telephone lines
Nine Star Sub Broker Offers
Find below various The Nine Star Capital Share Sub Broker Offers:
| Zero Deposit | Yes |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | Yes |
The offers provided by Nine Star broking are considered one of the very basic and the best among its competitor.
The people working in Nine Star broking 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 broking franchise allows zero deposit.
- It also allows for Zero revenue sharing with prepaid.
- Nine Star even allows for flexible revenue sharing.
But it does not allow flat revenue sharing
Check out other companies Sub Broker Offers
Nine Star Franchise Support
Below table consist of various support provided by Nine Star Authorised Person program:
| Marketing Support | Yes |
| Back-Office Support | Yes |
| Trading Support | Yes |
| Advisory Support | Yes |
| Dealing Training | Yes |
| Acquisition Training | No |
| Product Training | No |
Some of the support facilities provided to the sub brokers by Nine Star broking are:
- Marketing support
- Back-office support
- Trading support
- Advisory support
- Dealing training
However, It does not provide facilities like acquisition training and product training.
Nine Star Authorised Person – Brokerage Charges to Clients
The table gives proper information of Nine Star Brokerage charges levied to its Franchise Clients:
| Equity Delivery | 0.35% |
| Equity Intraday | 0.04% |
| Equity Futures | 0.04% |
| Equity Options | Rs.35 per Lot |
| Currency Futures | 0.04% |
| Currency Options | Rs.20 per Lot |
| Commodity | NA |
The brokerage Charges given by Nine Star broking to its clients are usually as per the normal market rates.
They charge 0.35% to equity delivery, 0.04% to equity intraday, equity futures, and currency futures. They offer Rs.35 per lot to equity options and Rs.20 per lot to currency options.
Nine Star Partner – Account Opening Charges to Clients
The table gives proper information of Nine Star Account opening charges levied to its Franchise Clients:
| Demat AMC | Free |
| Trading AMC | Rs.250 per Annum |
| Account Opening Charges | Rs.300 |
| Transaction Charges | 0.00325% |
| Margin Money | Minimum Rs.3,000 |
The charges acquired by the clients working under Nine Star broking are very reasonable and valid. They charge Rs.200 per annum for trading AMC.
The account opening charge is Rs.300 and the transaction charges run up to 0.00325%, and the minimum margin money is Rs.3000.
Benefits of Nine Star Partner Program
The Nine Star 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 Nine Star broking, 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 Nine Star – Just Fill up the form
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