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.

Phillip Capital Sub Broker

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 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★★★☆☆

Below overall rating are discussed.

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


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

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account

Compare Sub Broker Franchise


Phillip Capital Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
Referral ProgramNo

Phillip Capital provide sub-brokership to individuals and entities who want to work along with them. The Phillip Capital Sub Brokers business model is described below –

Phillip Capital Sub Broker / Authorised Person Model

Sub Broker will be associated with Phillip Capital Securities.  Sub brokers are governed by SEBI Act. They are not a trading affiliate of a stock exchange but acts as 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 percentage of their sale i.e. amount received by clients as commission or revenue sharing. The range varies depends on number of customer associated.

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

Phillip Capital

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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

Franchise cost is detailed in table.

  • 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 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 huge range depends of client base and volume of trade by customers.
  • The security amount is negotiable before the agreement.
  • Sub Broker require to provide 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 standard are discussed.

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 office is not specified by them.
  • Providing research is not required for franchisees.
  • Internet connection should be present in 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

Find the Sub Broker offers:

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

Business Support to franchisee is elaborated.

They provide facilitate to their associates to retain their clients in following conduct.

  • Phillip Capital Securities has 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 oblige on both side of trading.
  • Currency future trading require 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

In the table below information of the opening of account to clients is stated:

  • The Demat account for trading is maintenance charge is free.
  • 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 BrokerOpen Demat Account

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