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

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

Top Business ModelSub Broker
Revenue Sharing60% – 75%
Security DepositRs.30,000 – Rs.100,000
Become Sub Broker in28 Days
Receive Payout in3-4 Weeks
FounderVineet Bhatnagar
Established Year1985


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:

Trading Platforms2.2/5
Revenue Sharing Model2.5/5
Security Deposit2.2/5
Market Share2.3/5
Overall Ratings2.4/5
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 TypePublic
Broker typeFull Service Broker
HeadquartersMumbai, Maharashtra
FounderVineet Bhatnagar
Established Year1985
SB Code Activation Time28 Days
Payout Time3-4 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
    1. Become Sub Broker

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    Phillip Capital Sub Broker – Business Models

    Find below table for details:

    Master FranchiseNo
    Sub BrokerYes
    Referral ProgramNo


    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 FranchiseNA
    Sub Broker60% – 75%
    Referral ProgramNA

    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 FranchiseNA
    Sub BrokerRs.30,000 – Rs.100,000
    Referral ProgramNA
    • 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 AreaMinimum 100 Sq Ft
    Employee StrengthNot Mandatory
    Research ServicesNo
    Internet ConnectionYes
    Trading TerminalsNo
    Telephone LinesNo

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

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

    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 Delivery0.35%
    Equity Intraday0.04%
    Equity Futures0.04%
    Equity OptionsRs.35 per Lot
    Currency Futures0.04%
    Currency OptionsRs.20 per Lot

    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 AMCFree
    Trading AMCFree
    Account Opening ChargesRs.350
    Transaction Charges0.00310%
    Margin MoneyMinimum 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
      1. Become Sub Broker

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      List of Top Phillip Capital Partners/ Business Partners

      Company ListRemisiers NameTrade NameRemisiers Registration No.
      PHILLIP CAPITALMr. Iyengar B. VedanthamIyengar B. VedanthamR/0416/00694/23/01/2003
      PHILLIP CAPITALValue InvestmentsValue InvestmentsR/0416/07515/17/09/2005
      PHILLIP CAPITALChitra D. PetareChitra D. PetareR/0416/11411/19/07/2006
      PHILLIP CAPITALAshish ShahAshish ShahR/0416/11717/16/08/2006
      PHILLIP CAPITALSunita DamaniSunita DamaniR/0416/12724/23/11/2006
      PHILLIP CAPITALApurva P. JhaveriApurva P. JhaveriR/0416/14150/19/03/2007
      PHILLIP CAPITALAman FinanceAman FinanceR/0416/16320/02/08/2007
      PHILLIP CAPITALJyotsana MongaJyotsana MongaR/0416/17957/21/11/2007
      PHILLIP CAPITALMridul Kanti RayMridul Kanti RayR/0416/19077/09/01/2008
      PHILLIP CAPITALPraj EnterprisesPraj EnterprisesR/0416/19513/29/01/2008
      PHILLIP CAPITALVanita Nitin PotnisVanita Nitin PotnisR/0416/19548/30/01/2008
      PHILLIP CAPITALBrijesh SinghBrijesh SinghR/0416/19560/30/01/2008
      PHILLIP CAPITALMinal Manish DutiaMinal Manish DutiaR/0416/19668/05/02/2008
      PHILLIP CAPITALShilpa RathiShilpa RathiR/0416/20139/19/02/2008
      PHILLIP CAPITALMohan SundaramMohan SundaramR/0416/20512/05/03/2008
      PHILLIP CAPITALSatish Eknathsa VagaleSatish Eknathsa VagaleR/0416/20882/27/03/2008
      PHILLIP CAPITALPramod Sitaram ShettyPramod Sitaram ShettyR/0416/20965/31/03/2008
      PHILLIP CAPITALAnwar Hasham ShaikhAnwar Hasham ShaikhR/0416/20966/31/03/2008
      PHILLIP CAPITALPurnima Rohit UdeshiPurnima Rohit UdeshiR/0416/20967/31/03/2008
      PHILLIP CAPITALChandraksha M. ShettyChandraksha M. ShettyR/0416/21508/02/05/2008
      PHILLIP CAPITALManisha MakhijaManisha MakhijaR/0416/21637/12/05/2008
      PHILLIP CAPITALBharti TalwarBharti Kapil MehraR/0416/22280/12/06/2008
      PHILLIP CAPITALPadmashree R.Padmashree R.R/0416/22907/09/07/2008
      PHILLIP CAPITALMahendra D. GalaMahendra D. GalaR/0416/22908/09/07/2008
      PHILLIP CAPITALDaya Vinayak JoshiDaya Vinayak JoshiR/0416/23874/04/09/2008
      PHILLIP CAPITALMegha Hiren DesaiMegha Hiren DesaiR/0416/24626/08/10/2008
      PHILLIP CAPITALIsmail T HamdulayIsmail T HamdulayR/0416/24627/08/10/2008
      PHILLIP CAPITALShraddha Ashit DesaiShraddha Ashit DesaiR/0416/24887/15/10/2008
      PHILLIP CAPITALDarshana Dhiraj OswalDarshana Dhiraj OswalR/0416/25246/07/11/2008
      PHILLIP CAPITALSandeep SSandeep SR/0416/26466/26/12/2008
      PHILLIP CAPITALJitendra B BhanushaliJitendra B BhanushaliR/0416/26666/02/01/2009
      PHILLIP CAPITALAnika ShahAnika ShahR/0416/26877/13/01/2009
      PHILLIP CAPITALPrakash SarafPrakash SarafR/0416/27501/04/02/2009
      PHILLIP CAPITALPriti Paresh ShahPriti Paresh ShahR/0416/27697/16/02/2009
      PHILLIP CAPITALShreyash Pradip WaniShreyash Pradip WaniR/0416/27797/20/02/2009
      PHILLIP CAPITALAngadAngadR/0416/28313/18/03/2009
      PHILLIP CAPITALNitin SomaniNitin SomaniR/0416/28822/21/04/2009
      PHILLIP CAPITALPratap Benva ChakravottyPratap Benva ChakravottyR/0416/28968/24/04/2009
      PHILLIP CAPITALSadanand KharsikarSadanand KharsikarR/0416/29196/19/05/2009
      PHILLIP CAPITALDugar ChianroopDugar ChianroopR/0416/29839/23/06/2009
      PHILLIP CAPITALDevang Rajendra ShethDevang Rajendra ShethR/0416/32350/07/10/2009