Prabhat Finance Sub Broker / Franchise / Authorised Person / Partner Review

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

Prabhat Finance Sub Broker

Prabhat Finance Securities Registered office is sited in North India at Kanpur, Utter Pradesh and their corporate office is situated at Rajasthan, Jaipur.

They handle investment in all markets and have memberships with BSE, NSE, MCX, NCDEX, MCX-SX, National Stock Exchange; PFSL is the place to be in for any investor to invest in Equities, Commodities, Currencies and Global markets.

In this article all details of Prabhat Finance Securities are discussed.


Prabhat Finance Franchise – Customer Ratings

Find below table to know Customer Ratings of Prabhat Finance Sub Broker:

Experience2.3/5
Services2.4/5
Products2.5/5
Trading Platforms2.3/5
Support2.4/5
Revenue Sharing Model2.5/5
Security Deposit2.4/5
Offers2.4/5
Market Share2.1/5
Overall Ratings2.3/5
Star Ratings★★★☆☆

Customers’ ratings and ranking are discussed below.

It is crucial to check rating to take decision. Customers have reviewed them as a ‘Good’ security to try. The overall rating is 2.5 out of 5.

To win new clients and retaining existing customers they need to focus more on their market share. Customers are please with their product, revenue sharing model and services.


Overview of Prabhat Finance Franchise / Sub Broker

Details about Prabhat Finance Franchise is given in the below table:

Company TypePublic
Broker typeFull Service Broker
HeadquartersJAIPUR, RAJASTHAN
FounderGuljhari Lal Sharma
Established Year1995
SB Code Activation Time31 Days
Payout Time33 Days

Prabhat Financial Services Limited ( PFSL ) was incorporated by Shri Guljhari Lal Sharma, Ex-Secretary  U.P. STOCK  EXCHANGE in February 1995.

  • PFSL had converted into a Member of NSEIL in January 1996,
  • Member of BSE Limited in November 2005 ,
  • Member of MCX-SX in 2013,
  • Depository Participant  with CDSL since July 2003,
  • Online Trading platform from December 2009,
  • Online 24X7 accounting system from September 2015.

Prabhat group offers broking services in equities, derivatives, commodities, currencies etc. We are Members of NSE, BSE, MSEI, MCX, NCDEX. We are also registered as Depository Participants with NSDL and CDSL respectively.


Become a Sub Broker with Prabhat Finance – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Prabhat Finance Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramNo

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


Prabhat Finance Sub Broker / Authorised Person Model

Prabhat Finance Securities follow business models through which the franchisees also run their businesses which reduces the management demands.

Usually franchisees are highly motivated and have local expertise, make easier for brokers. As a larger business is more secure and additional turnover and profit can provide access to better deals for office equipment, vehicles and other business purchases.

Prabhat Finance Securities allows Sub Broker as business model.

Sub Broker – The Prabhat Finance Securities employs sub-brokers to act as agents of the concerned trading member for supporting the investors in buying, selling or dealing in securities. In this business models sub brokers mainly earn from clients base.


Prabhat Finance Sub Broker Commission / Revenue Sharing

Find below table to know Prabhat Finance Franchise Commission Models and Revenue Sharing Models:

Master FranchiseNA
Sub Broker55% – 75%
RemisierNA
Referral ProgramNA

The following table explains the income sharing Commission

The brokerage commission is the cash user agrees to pay for suggesting and selling the investment to Prabhat Finance. Franchise gets remunerated for the number of trades clients executes.

Sub Broker are provide 55% to 75% of Commission.

Prabhat Finance


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Prabhat Finance Franchise Cost / Security Deposit

Below Tables gives a good understanding of Prabhat Finance Franchise Cost:

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.150,000
RemisierNA
Referral ProgramNA

Below security deposit for franchise is enlightened.

It is up front deposit in advance for franchisee contract. In return bring into exercise Prabhat Securities trade name, research, service and trading platform and uses entire length of time. Security Deposit is a fixed subscription fee with non- end point.

Sub Broker: With security deposit of Rs. 50,000 to Rs. 150,000 of security deposit is required.


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Prabhat Finance Partner Infrastructure Requirement

Check the table to know Prabhat Finance Partner Infrastructure Requirement:

Office AreaMinimum 125 Sq Ft
Employee StrengthMinimum 1
Research ServicesNo
Internet ConnectionNo
Trading TerminalsYes
Telephone LinesYes

The table explains the infrastructure needs business partner:

The infrastructure requirements for Prabhat Finance Securities are as described below.

  • The Office should be at least 125 sq ft. area.
  • Employees in office premise at least 1 employee should be present.
  • Internet Connection is not mandatory to make available in premises.
  • Trading terminal is not necessary to provide, unless customer demand.
  • Providing Telephone Lines in office premises is necessary to balance back office and service in office.

Prabhat Finance Sub Broker Offers

Find below various The Prabhat Finance Sub Broker Offers:

Zero DepositNo
10k Initial DepositNo
Flexible Revenue SharingYes
Flat Revenue SharingYes
Zero Revenue Sharing with PrepaidYes

Find below various Prabhat Securities Sub Broker Offers:

There are different offers for Prabhat franchisee is available as follows–

  • Prabhat Capital Securities sub – brokers are offered a zero deposit.
  • An initial Rs. 10,000 deposit is not needed.
  • Allocate flexible revenue to the Sub Broker.
  • The broker can share a flat income sharing.
  • Prabhat Capital Securities permit zero revenue sharing with prepaid.

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Prabhat Finance Franchise Support

Below table consist of various support provided by Prabhat Finance Authorised Person program:

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

Support for franchise is discussed.

Prabhat Finance securities support franchise in following.

  • Marketing Support – Provide with a mark-up on the supply of products and also the advertising contribution.
  • Research backed advisory support – With the record of research services, can be assured that investment relies on valuable sources.
  • Dealing Training – We help to through the entire investment process, step by step, with innovative and efficient Services. Assist to trade smoothly and efficiently.
  • Acquisition Training: Through our online training, classroom training, and partnerships with accredited institutions.
  • Product Training are provided to franchisee.

Prabhat Finance Authorised Person – Brokerage Charges to Clients

The table gives proper information of Prabhat Finance Brokerage charges levied to its Franchise Clients:

Equity Delivery0.25%
Equity Intraday0.03%
Equity Futures0.03%
Equity OptionsRs.25 per Lot
Currency Futures0.03%
Currency OptionsRs.15 per Lot
Commodity0.03%

Brokerages on trading are discussed.

The Prabhat Finance Securities Franchise is required to ensure a regular income flow in order to finance continuous services and back – up for franchisees. This is usually achieved brokerage charges for management services at continuing charges.

  • Brokerage charge for equity delivery is 25%
  • Intraday equity and equity futures, brokerage transactions are 03%for each side of trading.
  • Equity options trading brokerage is 25 per Lot per contract.
  • Currency future brokerage charge is 03%.
  • Currency options brokerage is 15 per Lot.
  • Commodity brokerage charges of 0.03%.

Prabhat Finance Partner – Account Opening Charges to Clients

The table gives proper information of Prabhat Finance Account opening charges levied to its Franchise Clients:

Demat AMCFree
Trading AMCRs.299 per Annum
Account Opening ChargesRs.100
Transaction Charges0.00315%
Margin MoneyMinimum Rs.3,100

Account Opening Charges are conferred.

Prabhat Finance charges for account from customers. In return they provide-

  • Stock collateral benefits
  • Digital Contract Notes
  • Research calls through multiple channels
  • Trade On Move
  • Personal Investment AdvisoryThe Prabhat Finance Sub-brokers program is beneficial for the sub-brokers as –
    • The Account opening charge is 100 for the clients per year.
    • For the Demat Account the trading account is opened for free.
    • The transaction charges are 00315%.
    • Minimum margin money of Minimum Rs.3,100 the client has to maintain.

Benefits of Prabhat Finance Partner Program

  • Attract clients on deliveries on margin.
  • Selling of deliveries before settlements
  • High Intra-day exposures
  • Margin Financing
  • SMS services for research advice
  • Provide regular news and updates on market through emails through Daily, Weekly,Monthly and Quarterly publications

Become a Sub Broker with Prabhat Finance – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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