South Asian Stocks is a key player in the stock market with hundreds of South Asian Stocks Sub Broker working under them across India.
South Asian has its base in New Delhi and has been successfully serving its customer over 22 years now. Globe Capital is a public company that provides full brokerage services to its partners and customers.
In this article, we will be discussing some important factors of South Asian Stocks Share Sub Broker Company. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges and other programs covered by South Asian Stocks Share Sub Brokers Company.
South Asian Stocks Franchise – Customer Ratings
Find below table to know Customer Ratings of South Asian Stocks Sub Broker:
| Experience | 2.4/5 |
| Services | 2.4/5 |
| Products | 2.3/5 |
| Trading Platforms | 2.2/5 |
| Support | 2.4/5 |
| Revenue Sharing Model | 2.5/5 |
| Security Deposit | 2.2/5 |
| Offers | 2.4/5 |
| Market Share | 2.3/5 |
| Overall Ratings | 2.4/5 |
| Star Ratings | ★★★☆☆ |
Being one of the oldest and the most reliable share broking company to exist in Delhi, South Asian Stocks has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of South Asian Stocks is better than just average.
The people who have worked with the company have claimed 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.
Overview of South Asian Stocks Franchise / Sub Broker
Details about South Asian Stocks Franchise is given in the below table:
| Company Type | Public |
| Broker type | Discount Broker |
| Headquarters | New Delhi, Delhi |
| Founder | Rakesh Kumar Jain |
| Established Year | 1995 |
| SB Code Activation Time | 30 Days |
| Payout Time | 31 Days |
South Asian stocks is a public company that presents full brokerage service to all its customers. It was established by Rakesh Kumar Jain in the year 1995 and had its headquarters in New Delhi.
The Sub Broker Activation time required for Globe Capital Sub Broker is 30 days and their payout time is 31 days.
Become a Sub Broker with South Asian Stocks – Just Fill up the form
Compare Sub Broker Franchise
South Asian Stocks Sub Broker – Business Models
Find below table for details:
| Master Franchise | No |
| Sub Broker | Yes |
| Remisier | No |
| Referral Program | No |
South Asian Stocks Sub Brokership
In this model, the South Asian Stocks offers other various sub-brokers its franchise and the brokers are at liberty to 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.
South Asian Stocks Sub Broker Commission / Revenue Sharing
Find below table to know South Asian Stocks Franchise Commission Models and Revenue Sharing Models:
| Master Franchise | NA |
| Sub Broker | 50% – 80% |
| Remisier | NA |
| Referral Program | NA |
Considered as one of the best broker franchise in Delhi, South Asian Stocks offers great and accurate Revenue Sharing opportunities.
As for the Sub broker business model, the sub-brokers are allowed starting from 50% of the leads and can range maximum up to 80% of the leads that they provide the company with and the converts.
Check out Revenue Sharing of other Sub Brokers
South Asian Stocks Franchise Cost / Security Deposit
Given table gives a good understanding of South Asian Stocks Franchise Cost:
| Master Franchise | NA |
| Sub Broker | Rs.50,000 – Rs.150,000 |
| Remisier | NA |
| Referral Program | NA |
The Security deposit or Initial cost that you need to reserve with south Asian Stocks to work with the company is discussed in detail below:
For the Sub broker model, one needs to provide a minimum of Rs 50, 000 at the beginning of their partnership with South Asian Stocks. One can go as high as Rs 150,000. It is critical to keep in mind that the higher the amount of security deposit with the company is, the higher will be the rate of revenue generated in the end.
Here are Security Deposit info of other Stock Broking Franchise
South Asian Stocks Partner Infrastructure Requirement
Check the table to know South Asian Stocks Partner Infrastructure Requirement:
| Office Area | Minimum 120 Sq Ft |
| Employee Strength | Minimum 1 |
| Research Services | No |
| Internet Connection | No |
| Trading Terminals | Yes |
| Telephone Lines | No |
It is mandatory to have the mentioned infrastructure if you plan on becoming a broker under South Asian Stocks. These are pretty much the most basic rules that any company asks for before inviting brokers to work under them. Hence, the fulfillments of the following rules are compulsory and important:
- You should be in possession of at least 120 sq. Feet office area that you are working in.
- You should have at least 1 employees working for and under you.
- You should have Trading Terminals.
- It is not mandatory for your office area to have some telephone lines.
South Asian Stocks Sub Broker Offers
Find below various The South Asian Stocks Sub Broker Offers:
| Zero Deposit | Yes |
| 10k Initial Deposit | No |
| Flexible Revenue Sharing | Yes |
| Flat Revenue Sharing | No |
| Zero Revenue Sharing with Prepaid | No |
The offers provided by South Asian Stocks are considered one of the very basic and the best among its competitor. The people working in South Asian Stocks 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 allows for Zero deposit.
Check out other companies Sub Broker Offers
South Asian Stocks Franchise Support
Below table consist of various support provided by South Asian Stocks Authorised Person program:
| Marketing Support | Yes |
| Back-Office Support | Yes |
| Trading Support | No |
| Advisory Support | Yes |
| Dealing Training | No |
| Acquisition Training | No |
| Product Training | Yes |
Some of the support facilities provided to the sub-brokers by South Asian Stocks are:
- Marketing support
- Back-office support
- Product support
- Advisory support
- Dealing training
South Asian Stocks Authorised Person – Brokerage Charges to Clients
The table gives proper information of South Asian Stocks Brokerage charges levied to its Franchise Clients:
| Equity Delivery | 0.28% |
| Equity Intraday | 0.03% |
| Equity Futures | 0.03% |
| Equity Options | Rs.28 per Lot |
| Currency Futures | 0.03% |
| Currency Options | Rs.18 per Lot |
| Commodity | NA |
The brokerage Charges given by Globe Capital 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.
South Asian Stocks Partner – Account Opening Charges to Clients
The table gives proper information of South Asian Stocks Account opening charges levied to its Franchise Clients:
| Demat AMC | Rs.300 per Annum |
| Trading AMC | Free |
| Account Opening Charges | Zero |
| Transaction Charges | 0.00300% |
| Margin Money | Zero Margin |
The charges acquired by the clients working under Globe Capital 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 0.00300%, and the margin extending from 0.
Benefits of South Asian Stocks Partner Program
The South Asian Stocks 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 South Asian Stocks, 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
- Back-office support
- Zero Revenue Sharing with prepaid.
Become a Sub Broker with South Asian Stocks – Just Fill up the form
Find detailed review of other Sub Broker Franchise