Pace Stocks is a key player in the stock market with hundreds of Pace Stocks Sub Broker working under them across India.
Pace Stock Broking has the best investment strategies in the industry. The company has been providing positive returns to customers for decades. It has built up a stellar reputation for its investment business. It is the investment firm that all sub-brokers want to be part of. It has an elite network of sub-brokers who provide valuable services to investors.
Here in this article, we give you the review of Pace Stock Broking, and the analysis of its infrastructure requirements, franchise revenue sharing models, offers provided to the sub-brokers, benefits for sub-brokers, etc. The information is quite useful while deciding which firm you should associate with.
Pace Stocks Franchise – Customer Ratings
Find below table to know Customer Ratings of Pace Stocks Sub Broker:
|Revenue Sharing Model||2.4/5|
The customer rating of Pace stock broking is 2.6. This is an average rating provided by customers. The firm has a lower rating for its trading platforms. The overall average rating of Pace stock broking is 3.
Overview of Pace Stocks Franchise / Sub Broker
Details about Pace Stocks Franchise is given in the below table:
|Broker type||Full Service Broker|
|Headquarters||New Delhi, Delhi|
|SB Code Activation Time||25 Days|
|Payout Time||4-5 Weeks|
Pace Stock Broking has its headquarters in New Delhi and was established in 1995 by Atul Goel. It is a public company and operates as a full-service broker. Since then, the company has served its investors well increasing their returns multifold. The sub-broker activation time for Pace stock broking is 25 days. The average payout time is 4 -5 weeks which is better than most sub brokerage agencies.
Become a Sub Broker with Pace Stocks – Just Fill up the form
Compare Sub Broker Franchise
Pace Stocks Sub Broker – Business Models
Find below table for details:
Pace Stocks provide sub-brokership to individuals and entities who want to work along with them. The Pace Stocks Sub Brokers business model is described below –
Pace Stocks Sub Broker / Authorised Person Model
The sub broker business of Pace stock broking allow individual brokers to work under the company name. This is a franchise model that acts like a monopoly business in which multiple brokers can do work in the same workplace.
Pace Stocks Remisier Programs
The referral programs of the firm allows individual brokers to refer customers and earn money. The sub brokers will be able to set up their business without any investments.
Pace Stocks Sub Broker Commission / Revenue Sharing
Find below table to know Pace Stocks Securities Franchise Commission Models and Revenue Sharing Models:
|Sub Broker||60% – 80%|
Pace stock broking is one of the most renowned sub-brokers in New Delhi. They are following the best revenue sharing model to attract more sub-brokers by keeping them fair and transparent. The revenue sharing model of Pace stock broking is as follows.
- Sub broker
The commission for sub-brokers with the firm is 60% – 80% which depends on the security deposit they have paid to the company. The commission for remisier program is 20%.
Check Revenue Sharing Models of other Stock Broking Franchise
Pace Stocks Franchise Cost / Security Deposit
Below Tables gives a good understanding of Pace Stocks Securities Franchise Cost:
|Sub Broker||Rs.50,000 – Rs.100,000|
Sub brokers are required to deposit security amount to gain license under Pace stock broking brand name. For the sub-broker business model, you will need to invest Rs 50,000. For sub-brokers who want to have higher revenue share, they are required to invest Rs 1,00,000 as security money. It will be refunded once you opt out of the program. The investment needed for remisier program is Rs 25,000.
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Pace Stocks Partner Infrastructure Requirement
Check the table to know Pace Stocks Partner Infrastructure Requirement:
|Office Area||Minimum 100 Sq Ft|
|Employee Strength||Minimum 1|
The following infrastructure needs to be present to attain Pace Stock Broking sub-broker license. Have a look:
- Minimum 100 sq. ft area office
- Atleast 1 employee
- You need to have research services that enables you to gain research information quickly
- You need to have internet services
- You need to have trading terminals for executing the trade
- You don’t need to have telephone lines for executing the trade
These are the most basic requirements for running any office. The Pace stock broking infrastructure requirements can be met with a minimal investment itself.
Pace Stocks Sub Broker Offers
Find below various The Pace Stocks Capital Share Sub Broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||Yes|
|Zero Revenue Sharing with Prepaid||No|
Pace stock broking provides one of the best offers for sub brokers that enables them to become high performing investment managers. Below are the offers provided by the company
- Zero deposit
- Flat revenue sharing
- Flexible revenue sharing
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Pace Stocks Franchise Support
Below table consist of various support provided by Pace Stocks Authorised Person program:
Pace stock broking franchise support consists of the following
- Back office support
- Advisory support
- Acquisition training
The firm doesn’t provide marketing support and product training, thus the sub-broker has to manage it on its own.
Pace Stocks Authorised Person – Brokerage Charges to Clients
The table gives proper information of Pace Stocks Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.21 per Lot|
|Currency Options||Rs.21 per Lot|
Pace stock broking brokerage charges is at par with market charges. They are as follows:
- Equity Delivery is charged at 0.21%.
- Equity Intraday delivery is charged at 0.02%.
- Equity Futures is charged at 0.02%.
- Equity Options delivery is charged at Rs. 21 per Lot.
- Currency Futures trading is charged at 02%.
- Currency Options trading is charged at Rs.21 per Lot.
- Commodity trading is charged at 0.02%.
Pace Stocks Partner – Account Opening Charges to Clients
The table gives proper information of Pace Stocks Account opening charges levied to its Franchise Clients:
|Demat AMC||Rs.270 per Annum|
|Account Opening Charges||Zero|
|Margin Money||Minimum Rs.1,000|
Pace Stock Broking charges to clients are very minimal compared to that of other brokers in the market. This has been the main selling point for the company’s excellent services. Demat AMC requires just Rs. 270 per annum whereas the trading AMC is free of cost. The account opening charges are zero, and the transaction charges are at 0.00271%. The margin money charges are Rs 1,000.
Benefits of Pace Stocks Partner Program
The Pace Stocks Sub-brokers program is beneficial for the sub-brokers as –
Being a partner with Pace stock broking provides high financial returns and comfortable work life. Many sub-brokers have attained a great life within a short period of time by associating with the firm. There are also other advantages such as:
- Minimal charges for accounts
- High returns for investors
- Strong brand name
- Excellent back office support for customers and sub brokers.
All in all, Pace stock broking is the best place for sub broker wanting to make a mark in the investment broking sector.
Become a Sub Broker with Pace Stocks – Just Fill up the form
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