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.

Top Business Model Sub Broker
Revenue Sharing 55% – 75%
Security Deposit Rs.50,000 – Rs.150,000
Become Sub Broker in 31 Days
Receive Payout in 33 Days
Founder Guljhari Lal Sharma
Established Year 1995

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

Prabhat Finance Franchise – Customer Ratings

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

Experience 2.3/5
Services 2.4/5
Products 2.5/5
Trading Platforms 2.3/5
Support 2.4/5
Revenue Sharing Model 2.5/5
Security Deposit 2.4/5
Offers 2.4/5
Market Share 2.1/5
Overall Ratings 2.3/5
Star Ratings ★★★☆☆

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 pleased 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 Type Public
Broker type Full Service Broker
Founder Guljhari Lal Sharma
Established Year 1995
SB Code Activation Time 31 Days
Payout Time 33 Days

Prabhat Finance Sub BrokerPrabhat 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

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    Prabhat Finance Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program No


    Prabhat Finance Sub Brokership

    Prabhat Finance Securities follow business models through which the franchisees also run their businesses which reduces 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 a 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 model, 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 Franchise NA
    Sub Broker 55% – 75%
    Remisier NA
    Referral Program NA

    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 Brokers are provided 55% to 75% of Commission.

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    Prabhat Finance Franchise Cost / Security Deposit

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

    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.150,000
    Remisier NA
    Referral Program NA

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

    A security deposit of Rs. 50,000 to Rs. 150,000 is required for sub-brokers.

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    Prabhat Finance Partner Infrastructure Requirement

    Check the table to know Prabhat Finance Partner Infrastructure Requirement:

    Office Area Minimum 125 Sq Ft
    Employee Strength Minimum 1
    Research Services No
    Internet Connection No
    Trading Terminals Yes
    Telephone Lines Yes

    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 on-premises.
    • Trading terminal is not necessary 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 Deposit No
    10k Initial Deposit No
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing Yes
    Zero Revenue Sharing with Prepaid Yes

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

    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 Delivery 0.25%
    Equity Intraday 0.03%
    Equity Futures 0.03%
    Equity Options Rs.25 per Lot
    Currency Futures 0.03%
    Currency Options Rs.15 per Lot
    Commodity 0.03%

    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 AMC Free
    Trading AMC Rs.299 per Annum
    Account Opening Charges Rs.100
    Transaction Charges 0.00315%
    Margin Money Minimum 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 Advisory

    The Prabhat Finance Sub-brokers program is beneficial for the sub-brokers as –

    • The Account opening charge is 100 for 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 the market through emails through Daily, Weekly, Monthly and Quarterly publications

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

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