R Wadiwala Securities Sub Broker / Franchise / Authorised Person / Partner Review

R Wadiwala Securities is a key player in the stock market with hundreds of R Wadiwala Securities Sub Broker working under them across India.

R Wadiwala Securities Sub BrokerWadiwala group is recognized investment advisory, financial reliability and large services provider in the entire of South Gujarat. They have clientele base includes retail, HNIs, corporate and trusts. Due to increased penetration by designating franchisees and opening numbers of branches, the company has achieved massive growth.

They currently manage different departmental operations from more than 50 locations and a team of 75 qualified personnel. Their employee includes teams of 30 + skilled and well – trained workers and arbitrators from three various locations.

In this article you will get to know about all details related to R Wadiwala Securities.

R Wadiwala Securities Franchise – Customer Ratings

Find below table to know Customer Ratings of R Wadiwala Securities 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 rating from experience are reviewed.

R Wadiwala Capital Broking firm is rated as ‘Good’. The risk of applying it, as franchisee or as business associate is low.

Consumers are pleased with their efficient use of information technology and strong risk management system, this helps  in expanding the operations of the company.

The complete risk management software is web enabled and allows all branches/sub-brokers to monitor and control their risk by this it helps to engage customers and make new also.

Other experience that has up graded their ratings are revenue sharing model, offers and services.

R Wadiwala Capita is rated overall 2.4 out of 5.

Overview of R Wadiwala Securities Franchise / Sub Broker

Details about R Wadiwala Securities Franchise is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersSurat, Gujarat
FounderNainish Wadiwala
Established Year2004
SB Code Activation Time30 Days
Payout Time31 Days
  1. Wadiwala Securities was established in the year 2004 by Nainish Wadiwala. This is a private full service provider broker company. The Company obtained the NSE – BSE membership in the year 2005 and became depository participant in the year 2006. It has established its headquarters at Surat, Gujarat.

In March, 2011, the Company acquired SEBI registration for operating as Portfolio Managers (PMs).

  1. Wadiwala Group has also forayed into commodities broking by acquiring membership of Multi Commodity Exchange of India Limited. (MCX) and National Commodity & Derivatives Exchange Limited (NCDEX).

They take takes 30 days for activating SB code and 31 Days for payout.

Become a Sub Broker with R Wadiwala Securities – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account

Compare Sub Broker Franchise


R Wadiwala Securities Sub Broker – Business Models

Find below table for details:

Master FranchiseYes
Sub BrokerYes
Referral ProgramNo

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

Below business model is talk about.

The franchising business model is widely and increasingly used by R Wadiwala Securities for expecting growth by geographic expansion. Franchising is commonly defined as a business relationship grounded in a licensing agreement between two independent firms.

Franchising of this business format is by signing an agreement to maintain association between both parties providing a whole range of services by one party and this is approved by the franchisor.

R Wadiwala Securities Sub Broker / Authorised Person Model

When Sub Broker is awarded, the franchisor offers a business model for both service delivery to the end user i.e. trader. The business model will embrace all aspects of branding, marketing, training, support, and a management/administrative format. Sub Broker brings local market information, including that concerning to trading.

R Wadiwala Securities Master Franchisee 

A Master Franchisee works for especially at territory level, will replicate what a franchisor does in their domestic market. This will include:

Master Franchisee  is one ‘pilot’ franchise unit to adapt/prove the concept in their territory

o      Once proven, set up a franchisee recruitment system (marketing, response handling, etc), they recruit 2-3 ‘pilot’ franchisees to test and refine training and support systems.

o      Build franchisee network by building an appropriate infrastructure for ongoing training, support and communication with franchise network.

R Wadiwala Securities Sub Broker Commission / Revenue Sharing

Find below table to know R Wadiwala Securities Franchise Commission Models and Revenue Sharing Models:

Master Franchise75% – 85%
Sub Broker50% – 70%
Referral ProgramNA

Commission received by broker is discussed.

R Wadiwala Securities pay business associates the sales commission to incentivize the business partners to produce more sales. The sales commission has proven to be an effective way to compensate and to promote more trading with R Wadiwala Securities.

Following is the commission charges

Master Franchise gets commotions of 75% – 85% of total earnings.

Sub Broker gets commotions of 50% – 70%of total earnings.

R Wadiwala Securities

Check Revenue Sharing Models of other Stock Broking Franchise

HDFC Securities Sub BrokerIndiabulls Ventures Sub BrokerJM Financial Sub Broker
Alankit Assignments Sub BrokerA C Agarwal Share Sub BrokerReliance Securities Sub Broker
Asit C Mehta Sub BrokerIntegrated Enterprises Sub BrokerComfort Securities Sub Broker
B N Rathi Sub BrokerJainam Share Consultants Sub BrokerEureka Securities Sub Broker

R Wadiwala Securities Franchise Cost / Security Deposit

Below Tables gives a good understanding of R Wadiwala Securities Franchise Cost:

Master FranchiseRs.200,000 – Rs.400,000
Sub BrokerRs.50,000 – Rs.100,000
Referral ProgramNA

Franchise cost are discussed below.

R Wadiwala Securities charges security deposit in initial of business.

They needs diverse areas of investment to set up out in franchising come in many pretexts and sizes, so make sure you consider how to fund both up-front expenditure and the various running costs during the life of your franchise business.

  • For Master Franchise need to deposit security amount of Rs.200, 000 to Rs.400, 000.
  • For Sub Broker need to deposit security amount of Rs.200, 000 to Rs.400, 000.

Know everything about other Sub Broker Franchise:

Angel Broking Sub BrokerSharekhan Sub BrokerKotak Securities Sub Broker
ICICI Direct Sub BrokerIIFL Sub BrokerSMC Sub Broker
Nirmal Bang Sub BrokerSushil Finance Sub BrokerProfitmart Sub Broker

R Wadiwala Securities Partner Infrastructure Requirement

Check the table to know R Wadiwala Securities Partner Infrastructure Requirement:

Office AreaMinimum 200 Sq Ft
Employee StrengthMinimum 2
Research ServicesNo
Internet ConnectionYes
Trading TerminalsYes
Telephone LinesNo

In table infrastructure necessitate for partnership of R Wadiwala Securities are discussed.

Infrastructure requirement is featured to its commitment to maintaining consistent standards for business.

  • Office area should be Minimum 200 Sq Ft.
  • Minimum 2 employee is required in the office.
  • Presence of research services in office is not mandatory.
  • Trading Terminals are imperative for office.
  • Providing telephone is optional as per requirement.

R Wadiwala Securities Sub Broker Offers

Find below various The R Wadiwala Securities Sub Broker Offers:

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

In the table, Sub Broker Offers are discussed

There are various offers available for the Sub brokers of the R Wadiwala Securities which are as follows –

  • A zero deposit is not recommended for the Sub brokers.
  • The initial deposit of Rs 10,000 is compulsory for franchisee.
  • R Wadiwala Securities sub broker allows flexible revenue sharing to sub broker.
  • Flat revenue share is not permitted to sub broker.
  • Zero Revenue Sharing with Prepaid is allowed.

Get details about other Sub Broker Offers:

Prabhudas Lilladher Sub Broker IDBI Direct Sub BrokerSwastika Investment Sub Broker 
Motilal Oswal Sub BrokerVentura Securities Sub BrokerSKI Capital Sub Broker
Sykes & Ray Sub BrokerGeojit Finance Sub BrokerZerodha Sub Broker

R Wadiwala Securities Franchise Support

Below table consist of various support provided by R Wadiwala Securities Authorised Person program:

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

Below it is discussed about support provided to franchisee.

R Wadiwala Securities provide support to sustain existing clients and attracts new clients.

  • They provide SMS service to customers for updating trade confirmation, ledger balance, demat transactions and many more.
  • No hassles to dispatch contracts to your clients by centralizing the contract and dispatching system.
  • They provide franchisee the Web Enabled Risk Management system that allows viewing clients’ trading limits set for the day well before market opens.
  • Provide Back-Office Support to their business partners to work smoothly and hassle free.
  • Dealing training is a part of their program for their associates.
  • Product Training and Acquisition Training is important for any franchisee business, is provided by them.
  • They provide advisory support by their executives.

R Wadiwala Securities Authorised Person – Brokerage Charges to Clients

The table gives proper information of R Wadiwala Securities Brokerage charges levied to its Franchise Clients:

Equity Delivery0.29%
Equity Intraday0.03%
Equity Futures0.03%
Equity OptionsRs.29 per Lot
Currency Futures0.03%
Currency OptionsRs.19 per Lot

Brokerage Charges of R Wadiwala Securities Franchise are discussed below.

The brokerage fee applies each time trader place a trade and is usually a nominal amount, but could be higher based on the size of the transaction.

  • R Wadiwala Securities Franchise charges 0.29 % for purchase shares and hold them overnight, then to take delivery of the shares.
  • They charge 0.03% for buy and sell a stock within the same day
  • Flat 0.03% is charged for trading equity futures, currency futures and also for commodities.
  • For the equity options, the charge is flat Rs.29 per lot
  • For currency options, it is Rs. 19 per lot is charged as brokerage.

R Wadiwala Securities Partner – Account Opening Charges to Clients

The table gives proper information of R Wadiwala Securities Account opening charges levied to its Franchise Clients:

Demat AMCRs.290 per Annum
Trading AMCRs.250 per Annum
Account Opening ChargesFree
Transaction Charges0.00290%
Margin MoneyZero Margin

Account related charges are discussed.

Clients need a separate account for trading to perform buy or sale of securities from the stock market.

  • The R Wadiwala Securities Share Demat Account opening charge is free for the clients.
  • For the Demat Trading Account maintenance charge is Rs 290 is charged.
  • The trading account maintenance is Rs.250 per Annum.
  • The transaction charges are 0.00290%
  • Margin money that the client has to maintain in Demat account for trading is Zero.

Benefits of R Wadiwala Securities Partner Program

The R Wadiwala Securities Sub-brokers program is beneficial for the sub-brokers as –

R Wadiwala Securities Channel Partner has a major advantage that provides a significant competitive advantage and unparalleled success opportunities.

  • Wadiwala group is well known investment advisory, financial integrity and prompt services in the whole of gujarat, that will help for growth of the company.
  • A proven, efficient and easy-to-implement system of operations.
  • Comprehensive “back office” and computer support.
  • Intensive initial and ongoing training.
  • Intranet data and phone support.
  • They provide Q-Net a free view terminal for your clients.

Become a Sub Broker with R Wadiwala Securities – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account

Get details about other Stock Broking Franchise:

Tradebulls Sub Broker5Paisa Sub BrokerAasthaTrade Sub Broker
Religare Securities Sub BrokerEdelweiss Sub BrokerKarvy Sub Broker
Arihant Capital Sub BrokerAlice Blue Sub BrokerNarnolia Sub Broker