Skung Tradelink is a key player in the stock market with hundreds of Skung Tradelink Sub Broker working under them across India.
Skung Tradelink is basically set up in Kanpur and has been beautifully serving its customer over 9 years now. Skung Tradelink is a private company that provides full brokerage services to the ones working with it.
In this article, we will discuss about the important aspects of Skung Tradelink Share Sub Broker Company. We are mainly focussing on the details regarding the offers, benefits, brokerage charges and other programmes covered by Skung Tradelink.
Skung Tradelink Franchise – Customer Ratings
Find below table to know Customer Ratings of Skung Tradelink Sub Broker:
|Customer Ratings||Skung Tradelink|
|Revenue Sharing Model||2.5/5|
This is one amongst the most reliable share broking company to exist, Skung Tradelink has been able to create a good and an impressive impression to The people connected. The Customer Rating of Skung Tradelink is better than just average. The people who have worked with the company have made a statement that the company presents good customer services, security deposits, experience, revenue sharing model, support, etc. Keeping in mind all these things and on creating an overall sheet, we find that the average rating that the company got is around 3 points out of 5 which proves its excellence and its growth.
Overview of Skung Tradelink Franchise / Sub Broker
Details about Skung Tradelink Franchise is given in the below table:
|Broker type||Full Service Broker|
|Founder||Krishan Kumar Somani|
|SB Code Activation Time||3-5 Weeks|
|Payout Time||33 Days|
Skung Tradelink is a public company that presents full brokerage service to all its customers. It was established in the year 2010 by Krishan Kumar Somani and has its headquarters in Mumbai, Maharashtra. The Sub Broker Activation time required for Skung Tradelink Sub Broker is 33 days and their payout time is 3-4 weeks.
Become a Sub Broker with Skung Tradelink – Just Fill up the form
Compare Sub Broker Franchise
Skung Tradelink Sub Broker – Business Models
Find below table for details:
Skung Tradelink provide sub-brokership to individuals and entities who want to work along with them. The Skung Tradelink Sub Brokers business model is described below –
Skung Tradelink Sub Broker / Authorised Person Model
In this model, the Skung Tradelink give other various sub-brokers its franchise and the brokers can easily work under the company name. This model allows for a monopoly business wherein more than one particular sub-broker belonging to the same company can work at the same place with other sub-broker of the same company.
Skung Tradelink Share referral program Model
In a way, the Referral program is just a part of the Sub Broker business.
Skung Tradelink Sub Broker Commission / Revenue Sharing
Find below table to know Skung Tradelink Franchise Commission Models and Revenue Sharing Models:
|Sub Broker||50% – 75%|
|Referral Program||Rs.799 per Refer|
Considered as one of the best broker franchise in Mumbai, Skung Tradelink offers great and accurate Revenue Sharing opportunities. The Revenue received by the sub-brokers with the firm is calculated depending on which program they are into.
- Referral program
- Sub Broker
The commission received by the brokers under the referral program is that the revenue sharing charges are approximately ₹799 per referral.
As for the Sub broker business model, the sub-brokers are allowed starting from 50% of the leads and can range maximum up to 75% of the leads generated by them and the conversions.
Check Revenue Sharing Models of other Stock Broking Franchise
Skung Tradelink Franchise Cost / Security Deposit
Below Tables gives a good understanding of Skung Tradelink Franchise Cost:
|Sub Broker||Rs.50,000 – Rs.150,000|
The Security deposit or Initial cost you have to make with the firm under the programs is discussed below in detail:
For the Referral Program, you don’t have any need to give any amount for being its part.
For the Sub broker model, one needs to provide a minimum of Rs 50, 000 at the beginning of their partnership with Skung Tradelink. One can go as high as Rs 150,000. More deposit means more revenue they will be generating at the end.
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Skung Tradelink Partner Infrastructure Requirement
Check the table to know Skung Tradelink Partner Infrastructure Requirement:
|Office Area||Not Mandatory|
|Employee Strength||Minimum 1|
It is mandatory to have the below-mentioned structure; thus, follow these rules if you plan on becoming a broker under Skung Tradelink. These are quite basic rules that any company asks for before inviting brokers to work under them. Still, they are crucial and compulsory to follow:
- You can have office depends on your choice not mandatory.
- You should have at least 1 employees working for and under you.
- Doing Research services is essential
- It is mandatory for your office area to have some telephone lines.
Skung Tradelink Sub Broker Offers
Find below various The Skung Tradelink Sub Broker Offers:
|10k Initial Deposit||No|
|Flexible Revenue Sharing||Yes|
|Flat Revenue Sharing||No|
|Zero Revenue Sharing with Prepaid||No|
The offers provided by Skung Tradelink are considered one of the very basic and the best among its competitor. The people working in Skung Tradelink. feel that it is very important to provide each and everyone with enough opportunities. Here are some of the offers allowed by the company:
- The company allows you to have flexible revenue sharing.
- It also allow the sub-brokers the facility of zero deposits and flat revenue sharing.
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Skung Tradelink Franchise Support
Below table consist of various support provided by Skung Tradelink Authorised Person program:
Some of the support facilities provided to the sub brokers by the firm are:
- Marketing support
- Back-office support
- Trading support
- Dealing training
- advisory support
- Product training
- It does not provide facilities like acquisition training .
Skung Tradelink Authorised Person – Brokerage Charges to Clients
The table gives proper information of Skung Tradelink Brokerage charges levied to its Franchise Clients:
|Equity Options||Rs.28 per Lot|
|Currency Options||Rs.18 per Lot|
The brokerage Charges given by Skung Tradelink to its sub-brokers are usually as per the normal market rates. They charge 0.28% to equity delivery, 0.03% to equity intraday, equity futures and currency futures. They offer Rs 28 per lot to equity options and Rs 18 per lot to currency options.
Skung Tradelink Partner – Account Opening Charges to Clients
The table gives proper information of Skung Tradelink Account opening charges levied to its Franchise Clients:
|Demat AMC||Rs.300 per Annum|
|Account Opening Charges||Zero|
|Margin Money||Zero Margin|
The charges acquired by the clients working under Skung Tradelink are very reasonable and valid. They charge Rs 300 for Demat AMC per annum and provide free Trading AMC. The account opening charge is Rs 0 and the transaction charges run up to 0.0030p%; whereas the margin extending from 0.
Benefits of Skung Tradelink Partner Program
The Skung Tradelink Sub-brokers program is beneficial for the sub-brokers as –
Apart from great incentives for clients and fine revenue returns, there are a lot of reasons why you should consider working with Skung Tradelink, these include:
- An opportunity to work with an experienced and renowned brand.
- Quick online account opening process for the clients
- Great and effective marketing support
- Client Acquisition support
- Flexible Revenue sharing
- Proper dealing training
Become a Sub Broker with Skung Tradelink – Just Fill up the form
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