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Phillip Capital Sub Broker / Franchise / Authorised Person / Partner Review

March 15, 2023 Indian Franchise Review 0

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

Summary
Top Business Model Sub Broker
Revenue Sharing 60% – 75%
Security Deposit Rs.30,000 – Rs.100,000
Become Sub Broker in 28 Days
Receive Payout in 3-4 Weeks
Founder Vineet Bhatnagar
Established Year 1985

 

Phillip Capital Securities have their presence by administrative centers in Singapore, Malaysia, Cambodia, Indonesia, Vietnam, Thailand, Hong Kong, China, Japan, India, Sri Lanka, the United African countries, France and Turkey, and Australia, the financial hubs of the 17 countries of the country include the Philip Capital Group (HSCS).

More than 3,500 employees and over 1 million clients worldwide, our Assets Under Custody/Management worldwide USD 33 billion & Shareholder’s funds in excess of USD 1 billion.

Phillip Capital

Phillip Capital Franchise – Customer Ratings

Find below table to know Customer Ratings of Phillip Capital Sub Broker:

Experience 2.4/5
Services 2.4/5
Products 2.3/5
Trading Platforms 2.2/5
Support 2.4/5
Revenue Sharing Model 2.5/5
Security Deposit 2.2/5
Offers 2.4/5
Market Share 2.3/5
Overall Ratings 2.4/5
Star Ratings ★★★☆☆

Rating of Phillip Capital is decided on bases of past experience.

On basis of customer Ratings & Reviews Phillip Capital has pointed 2.5 out of 5, this represents this is a ‘Good’ security broking firm on basis of their opinion and experience. Their customers have appreciated by their following services.

  • Trading multiple segments on single screen
  • Quick customer service desk
  • Online back office information and support.
  • Appreciable market share model.

Overview of Phillip Capital Franchise / Sub Broker

Details about Phillip Capital Franchise is given in the below table:

Company Type Public
Broker type Full Service Broker
Headquarters Mumbai, Maharashtra
Founder Vineet Bhatnagar
Established Year 1985
SB Code Activation Time 28 Days
Payout Time 3-4 Weeks

Phillip Capital Sub Broker

Philip Capital was established in 1985 by Vineet Bhatnagar. It is a full-service broker, based in Mumbai, Maharashtra.

The SB Code Activation Time is 28 days and the payout time is between 3-4 weeks.

Become a Sub Broker with Phillip Capital – Just Fill up the form

    Become a Sub Broker
    4. Become Sub Broker

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    Phillip Capital Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program No

     

    Phillip Capital Sub Brokership

    Sub Broker will be associated with Phillip Capital Securities.  Sub brokers are governed by the SEBI Act. They are not a trading affiliate of the stock exchange but acts as an agent or other assisting investors in the securities trade through such Trading Members on behalf of a Trading Member.

    The stockbroker only serves the investor as an agent for Phillip Capital Securities.

    Phillip Capital Sub Broker Commission / Revenue Sharing

    Find below table to know Phillip Capital Franchise Commission Models and Revenue Sharing Models:

    Master Franchise NA
    Sub Broker 60% – 75%
    Remisier NA
    Referral Program NA

    Revenue Sharing Models for Phillip Capital sub broker is stated under.

    Phillip Capital Securities commenced a percentage of their sale i.e. amount received by clients as commission or revenue sharing. The range varies depends on a number of customers associated.

    Phillip Capital Securities has to provide a commission to their sub-broker of range minimum 60 % to a maximum of 75 %.

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    Phillip Capital Franchise Cost / Security Deposit

    Below Tables gives a good understanding of Phillip Capital Franchise Cost:

    Master Franchise NA
    Sub Broker Rs.30,000 – Rs.100,000
    Remisier NA
    Referral Program NA
    • Security Deposit is the initial fee is what sub-broker agree to pay in return to be given the right to use the brand name within the allotted area and to be trained and provided with advice.
    • The initial fee includes the costs of a franchise.
    • The initial cost can be of a huge range depending on the client base and volume of trade by customers.
    • The security amount is negotiable before the agreement.
    • Sub Broker require to provide a security deposit of range minimum 30,000 to maximum Rs.100,000.

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    Phillip Capital Partner Infrastructure Requirement

    Check the table to know Phillip Capital Partner Infrastructure Requirement:

    Office Area Minimum 100 Sq Ft
    Employee Strength Not Mandatory
    Research Services No
    Internet Connection Yes
    Trading Terminals No
    Telephone Lines No

    Infrastructure Requirement is attributed to Phillip Capital Securities, commitment to maintaining consistent standards for business. Infrastructure is the attempted, experimented and confirmed business concept in the market place by Phillip Capital Securities.

    • Franchisees are required to have Minimum 100 Sq Ft of office to commence business.
    • Employee strength in the office is not specified by them.
    • Providing research is not required for franchisees.
    • Internet connection should be present in the office.
    • Treading terminal is not mandated for Phillip Capital sub broker.
    • Telephone connection is not essential in premises.

    Phillip Capital Sub Broker Offers

    Find below various The Phillip Capital 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 a range of offers available for the Sub brokers of the Phillip Capital Securities which are as follows –

    • Zero deposit is proposed for the Sub brokers of Phillip Capital Securities.
    • The primary deposit of Rs 10,000 is not necessitated.
    • Phillip Capital Securities agree to flexible revenue sharing to sub broker.
    • Flat revenue share is not permitted to sub broker.
    • Zero revenue sharing with prepaid is not allowed.

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    Phillip Capital Franchise Support

    Below table consist of various support provided by Phillip Capital Authorised Person program:

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

    They provide facilities to their associates to retain their clients in the following conduct:

    • Phillip Capital Securities has a research team that covers a range of almost 20 sectors, economy and quantitative research with active reporting of close to 120 stocks
    • They provide franchisee the access to the daily trade recommendations, intraday updates, daily wrap-ups, and long-term special reports
    • They conduct investor conferences to bring together domestic as well as global companies along with Key Policy makers and Industry Experts.
    • Phillip Capital Securities helps their associates with Back-Office Support.

    Phillip Capital Authorised Person – Brokerage Charges to Clients

    The table gives proper information of Phillip Capital 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

    Below table gives enlightenment on Brokerage charges levied to clients:

    • Phillip Capital charge 35% for equity delivery.
    • They impose 0.02% on the intraday trading of the equities.
    • For trading in equity futures, 04% of brokerage are obliged on both sides of trading.
    • Currency future trading requires to pay 04% of brokerage.
    • For the equity options, the charge is flat Rs. 35 per lot
    • Trading in currency options is charge Rs. 20 per lot.

    Phillip Capital Partner – Account Opening Charges to Clients

    The table gives proper information of Phillip Capital Account opening charges levied to its Franchise Clients:

    Demat AMC Free
    Trading AMC Free
    Account Opening Charges Rs.350
    Transaction Charges 0.00310%
    Margin Money Minimum Rs.3,000
    • The Demat account for trading is free of maintenance charge.
    • Trading charges for clients they charge are free.
    • For account opening clients need to deposit Rs. 350.
    • They charge 0.00310% on every transaction.
    • A margin deposit of Minimum Rs. 3,000 a trader needs to put up in order to open a leveraged trading position.

    Benefits of Phillip Capital Partner Program

    The Phillip Capital Sub-brokers program is beneficial for the sub-brokers as –

    • Fast, stable and dedicated lease line connections to exchanges
    • 24X7 power back up and DR site available
    • Promptly address any account-related queries
    • Provide periodic training sessions
    • Supervise day to day risk coverage.

    Become a Sub Broker with Phillip Capital – Just Fill up the form

      Become a Sub Broker
      4. Become Sub Broker

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      List of Top Phillip Capital Partners/ Business Partners

      Company List Remisiers Name Trade Name Remisiers Registration No.
      PHILLIP CAPITAL Mr. Iyengar B. Vedantham Iyengar B. Vedantham R/0416/00694/23/01/2003
      PHILLIP CAPITAL Value Investments Value Investments R/0416/07515/17/09/2005
      PHILLIP CAPITAL Chitra D. Petare Chitra D. Petare R/0416/11411/19/07/2006
      PHILLIP CAPITAL Ashish Shah Ashish Shah R/0416/11717/16/08/2006
      PHILLIP CAPITAL Sunita Damani Sunita Damani R/0416/12724/23/11/2006
      PHILLIP CAPITAL Apurva P. Jhaveri Apurva P. Jhaveri R/0416/14150/19/03/2007
      PHILLIP CAPITAL Aman Finance Aman Finance R/0416/16320/02/08/2007
      PHILLIP CAPITAL Jyotsana Monga Jyotsana Monga R/0416/17957/21/11/2007
      PHILLIP CAPITAL Mridul Kanti Ray Mridul Kanti Ray R/0416/19077/09/01/2008
      PHILLIP CAPITAL Praj Enterprises Praj Enterprises R/0416/19513/29/01/2008
      PHILLIP CAPITAL Vanita Nitin Potnis Vanita Nitin Potnis R/0416/19548/30/01/2008
      PHILLIP CAPITAL Brijesh Singh Brijesh Singh R/0416/19560/30/01/2008
      PHILLIP CAPITAL Minal Manish Dutia Minal Manish Dutia R/0416/19668/05/02/2008
      PHILLIP CAPITAL Shilpa Rathi Shilpa Rathi R/0416/20139/19/02/2008
      PHILLIP CAPITAL Mohan Sundaram Mohan Sundaram R/0416/20512/05/03/2008
      PHILLIP CAPITAL Satish Eknathsa Vagale Satish Eknathsa Vagale R/0416/20882/27/03/2008
      PHILLIP CAPITAL Pramod Sitaram Shetty Pramod Sitaram Shetty R/0416/20965/31/03/2008
      PHILLIP CAPITAL Anwar Hasham Shaikh Anwar Hasham Shaikh R/0416/20966/31/03/2008
      PHILLIP CAPITAL Purnima Rohit Udeshi Purnima Rohit Udeshi R/0416/20967/31/03/2008
      PHILLIP CAPITAL Chandraksha M. Shetty Chandraksha M. Shetty R/0416/21508/02/05/2008
      PHILLIP CAPITAL Manisha Makhija Manisha Makhija R/0416/21637/12/05/2008
      PHILLIP CAPITAL Bharti Talwar Bharti Kapil Mehra R/0416/22280/12/06/2008
      PHILLIP CAPITAL Padmashree R. Padmashree R. R/0416/22907/09/07/2008
      PHILLIP CAPITAL Mahendra D. Gala Mahendra D. Gala R/0416/22908/09/07/2008
      PHILLIP CAPITAL Daya Vinayak Joshi Daya Vinayak Joshi R/0416/23874/04/09/2008
      PHILLIP CAPITAL Megha Hiren Desai Megha Hiren Desai R/0416/24626/08/10/2008
      PHILLIP CAPITAL Ismail T Hamdulay Ismail T Hamdulay R/0416/24627/08/10/2008
      PHILLIP CAPITAL Shraddha Ashit Desai Shraddha Ashit Desai R/0416/24887/15/10/2008
      PHILLIP CAPITAL Darshana Dhiraj Oswal Darshana Dhiraj Oswal R/0416/25246/07/11/2008
      PHILLIP CAPITAL Sandeep S Sandeep S R/0416/26466/26/12/2008
      PHILLIP CAPITAL Jitendra B Bhanushali Jitendra B Bhanushali R/0416/26666/02/01/2009
      PHILLIP CAPITAL Anika Shah Anika Shah R/0416/26877/13/01/2009
      PHILLIP CAPITAL Prakash Saraf Prakash Saraf R/0416/27501/04/02/2009
      PHILLIP CAPITAL Priti Paresh Shah Priti Paresh Shah R/0416/27697/16/02/2009
      PHILLIP CAPITAL Shreyash Pradip Wani Shreyash Pradip Wani R/0416/27797/20/02/2009
      PHILLIP CAPITAL Angad Angad R/0416/28313/18/03/2009
      PHILLIP CAPITAL Nitin Somani Nitin Somani R/0416/28822/21/04/2009
      PHILLIP CAPITAL Pratap Benva Chakravotty Pratap Benva Chakravotty R/0416/28968/24/04/2009
      PHILLIP CAPITAL Sadanand Kharsikar Sadanand Kharsikar R/0416/29196/19/05/2009
      PHILLIP CAPITAL Dugar Chianroop Dugar Chianroop R/0416/29839/23/06/2009
      PHILLIP CAPITAL Devang Rajendra Sheth Devang Rajendra Sheth R/0416/32350/07/10/2009