Standard Chartered Sub Broker / Franchise / Authorised Person / Partner Review

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

Standard Chartered Sub Broker

Standard Chartered Securities has its base in Mumbai, Maharashtra and has been successfully serving its customer over 25 years now. Standard Chartered Securities is a public company that provides full brokerage services to its partners and customers.

Here, we will be analysing the features of Standard Chartered Securities Share Sub Broker Company. Our agenda is to go over all the details regarding the offers, benefits, brokerage charges and other programmes covered by Standard Chartered Securities.

Standard Chartered Franchise – Customer Ratings

Find below table to know Customer Ratings of Standard Chartered Sub Broker:

Trading Platforms2.5/5
Revenue Sharing Model2.4/5
Security Deposit2.4/5
Market Share2.4/5
Overall Ratings2.5/5
Star Ratings★★★☆☆

Being one of the oldest and the most reliable share broking company to exist in Mumbai, Standard Chartered Securities has been able to generate quite a few good numbers of positive customer impressions. The Customer Rating of Standard Chartered Securities Share Sub Broker 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 Standard Chartered Franchise / Sub Broker

Details about Standard Chartered Franchise is given in the below table:

Company TypePublic
Broker typeFull Service Broker
HeadquartersMumbai, Maharashtra
Founder Nitin Kapadia
Established Year1994
SB Code Activation Time31 Days
Payout Time3-4 Weeks

Standard Chartered Securities is a public company that presents full brokerage service to all its customers. It was established by Nitin Kapadiya in the year 1994 and has its headquarters in  Mumbai. The Sub Broker Activation time required for Standard Chartered Securities Sub Broker is 31 days and their payout time is 3 to 4 weeks.

Become a Sub Broker with Standard Chartered – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account

Compare Sub Broker Franchise


Standard Chartered Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
Referral ProgramNo

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

Standard Chartered Sub Broker / Authorised Person Model

In this model, the Standard Chartered Securities let other sub-brokers to work under their firm after taking their franchise. 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.

Standard Chartered Remisier Model

In a way, the Remisier is like the Sub Broker business. Here the only difference is that the Remisier is the owner of a particular location and in that location, no one else other than the Remisier can work.

Standard Chartered Sub Broker Commission / Revenue Sharing

Find below table to know Standard Chartered Franchise Commission Models and Revenue Sharing Models:

Master FranchiseNA
Sub Broker50% – 75%
Referral ProgramNA

Considered as one of the best broker franchise in Mumbai, Standard Chartered Securities offers great and accurate Revenue Sharing opportunities.  The Revenue received by the sub-brokers depends on:

  • Remisier
  • Sub Broker

The commission received by the brokers of Standard Chartered Securities has their revenue sharing charges about 25% depending on the amount of security deposit that they have kept with the company.

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% depending on how many leads they can find and how many converts in it.

Standard Chartered

Standard Chartered Franchise Cost / Security Deposit

Below Tables gives a good understanding of Standard Chartered Franchise Cost:

Master FranchiseNA
Sub BrokerRs.70,000 – Rs.250,000
Referral ProgramNA

The Security deposit or Initial cost one has to made with the firm depends on the business model they choose. Here are the details:

For the Remisier Business model, you will be required to procure an amount of Rs. 20,000. Here, it is very important to keep in mind that this initial business investment is just a seat blockade and the whole amount will be refunded to you once the partnership is over.

For the Sub broker model, one needs to provide a minimum of Rs 70, 000 at the beginning of their partnership with Standard Chartered Securities. One can go as high as Rs 250,000. The rate of revenue will be higher for the ones who will be making a higher security deposit with the firm. One should remember this while making the deposit.

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

Standard Chartered Partner Infrastructure Requirement

Check the table to know Standard Chartered Partner Infrastructure Requirement:

Office AreaMinimum 100 Sq Ft
Employee StrengthMinimum 1
Research ServicesYes
Internet ConnectionYes
Trading TerminalsYes
Telephone LinesYes

It is mandatory to have the said infrastructure in case you want to become a sub-broker with the firm. They are not too big, just the essential ones but still important to be fulfilled to get the franchise. Here are they:

  • You should be in possession of at least 100 sq. Feet office area that you are working in.
  • You should have at least 1 employee working for or under you.
  • Research services are compulsory
  • You should have an active and smooth running internet connectivity.
  • You should have Trading Terminals.
  • It is mandatory for your office area to have some telephone lines.

Standard Chartered Sub Broker Offers

Find below various The Standard Chartered Sub Broker Offers:

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

The offers provided by Standard Chartered Securities are considered one of the very basic and the best among its competitor. The people working in Standard Chartered Securities 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 does also allows for Zero revenue sharing with prepaid.
  • However, it does not allow the sub-brokers the facility of zero deposits and flat revenue sharing.

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

Standard Chartered Franchise Support

Below table consist of various support provided by Standard Chartered Authorised Person program:

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

Some of the support facilities provided to the sub brokers by Standard Chartered Securities are:

  • Marketing support
  • Back-office support
  • Trading support
  • Dealing training
  • Advisory training
  • Product training
  • It does not provide facilities like acquisition training.

Standard Chartered Authorised Person – Brokerage Charges to Clients

The table gives proper information of Standard Chartered Brokerage charges levied to its Franchise Clients:

Equity Delivery0.2% – 0.5%
Equity Intraday0.02% – 0.05%
Equity Futures0.02% – 0.05%
Equity OptionsRs.20 – Rs.50 per Lot
Currency Futures0.02% – 0.05%
Currency OptionsRs.10 – Rs.25 per Lot
Commodity0.02% – 0.05%

The brokerage Charges given by Standard Chartered Securities to its sub-brokers are usually as per the normal market rates. They charge 0.20% – 0.50% to equity delivery, 0.02% – 0.05% to equity intraday, equity futures and currency futures. They offer Rs 20 to 50 per lot to equity options and Rs 10 to 25 per lot to currency options.

Standard Chartered Partner – Account Opening Charges to Clients

The table gives proper information of Standard Chartered Account opening charges levied to its Franchise Clients:

Demat AMCRs.310 per Annum
Trading AMCFree
Account Opening ChargesRs.310
Transaction Charges0.00305%
Margin MoneyMinimum Rs.15,000

The charges acquired by the clients working under Standard Chartered Securities are very reasonable and valid. They charge Rs 310 for Demat AMC and provide free Trading AMC. The account opening charge is Rs 310, the transaction charges run up to 0.00305% and the margin of minimum 15,000.

Benefits of Standard Chartered Partner Program

The Standard Chartered Sub-brokers program is beneficial for the sub-brokers as –

Apart from great incentives for clients and lucrative revenue returns, there are a lot of reasons why you should consider working with Standard Chartered Securities, 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.

Become a Sub Broker with Standard Chartered – 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