Sunlight Broking Sub Broker / Franchise / Authorised Person / Partner Review

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

Sunlight Broking

Sunlight Broking Securities is a private company which was found in 2016 by S P TOSHNIWAL. It has been successfully serving its customer for over 3 years. Their headquarters are in Mumbai, Maharashtra. The company provides full brokerage service to its customer.

People have been relying on the Sunlight Broking Securities since 2016 and they have never been disappointed by the company. If you decide to work with them, I am sure your needs are in good hands.

In this article, we will be going over important and different points about Sunlight Broking Securities company. Here you can check the details like offers, benefits and other programmes covered by the company. We will help you know the company as if you have known it since ever.

We hope to be helpful regarding the things you need and will try to cover every point you deserve to know. At the end of the article, you will be able to decide whether you should work with them or not.


Sunlight Broking Franchise – Customer Ratings

Find below table to know Customer Ratings of Sunlight Broking Sub Broker:

Experience2.6/5
Services2.2/5
Products2.3/5
Trading Platforms2.5/5
Support2.2/5
Revenue Sharing Model2.4/5
Security Deposit2.2/5
Offers2.3/5
Market Share2.1/5
Overall Ratings2.3/5
Star Ratings★★★☆☆

Sunlight Broking Securities is one of the new company in the stock market; they have managed to gain some positive and trusting customers in three years. Hence, the rating of the company over different categories like Experience, Products, Services, Revenue Sharing Model, Support, Security Deposit and offers including market share and overall rating has been ranging from 2.1 to 2.6 out of 5.

They have managed to gain 3 stars out of 5 which is above an average rating. These ratings were given by the people who worked with the company and enjoyed their services and thus rated the company over their experience. Their ratings and performance have been consistently similar and good.

The rating gives you the base to form the image of the company in your head.


Overview of Sunlight Broking Franchise / Sub Broker

Details about Sunlight Broking Franchise is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersMumbai, Maharashtra
FounderS P TOSHNIWAL
Established Year 2016
SB Code Activation Time30 Days
Payout Time35 Days

Sunlight Broking Sub BrokerSunlight Broking Securities company is a private company that presents full brokerage services to its every customer. In 2016, the Sunlight Broking was established by S P TOSHNIWAL with its headquarters in Mumbai, Maharashtra.

The SB Code Activation time needed for the Sunlight Broking Securities is 30 days and their pay-out time is 35 days.


Become a Sub Broker with Sunlight Broking – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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Sunlight Broking Sub Broker – Business Models

Find below table for details:

Master FranchiseYes
Sub BrokerYes
RemisierNo
Referral ProgramNo

 

Sunlight Broking Sub Brokership

In this model, the company offers other various sub-brokers its franchise and the brokers get the advantage of operating under the company name. By this, multiple sub-brokers get a chance to work individually for the same company at the same time.

Sunlight Broking Master Franchise Program

Master Franchise is similar to Sub Broker Business with the only difference being that the Master franchise becomes the owner of one particular location and in that particular location, no one other than the master franchise can work.


Sunlight Broking Sub Broker Commission / Revenue Sharing

Find below table to know Sunlight Broking Franchise Commission Models and Revenue Sharing Models:

Master Franchise72% – 85%
Sub Broker50% – 70%
RemisierNA
Referral ProgramNA

Keeping in mind that Sunlight Broking Securities is one of the best broker Franchise in Indore, the company offers excellent Revenue Sharing Opportunities.

The commission earned by the Broker of the company will have their revenue sharing charges from 72% to 85%.

The commission received by the Sub-brokers under the Sub broker business model ranges from 60% as a minimum to 80% as a maximum.


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Sunlight Broking Franchise Cost / Security Deposit

Below Tables gives a good understanding of Sunlight Broking Franchise Cost:

Master FranchiseRs.150,000 – Rs.350,000
Sub BrokerRs.50,000 – Rs.100,000
RemisierNA
Referral ProgramNA

The security deposit that you need to make with Sunlight Broking Securities to have work with the company is as below:

  • For the Master Franchise Mode, you will need to provide an amount of Rs 150,000 as minimum and Rs 350,000 as a maximum. You must remember at this point that the initial investment is just an encirclement and the whole amount will be refunded as the partnership will be over.
  • In Sub Broker Business Model, you need to procure a minimum amount of Rs.50,000, and the maximum amount that you can take up is Rs.2,00,000. You must keep in mind that the higher will be the investment; thus higher will be the revenue generated.

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Sunlight Broking Partner Infrastructure Requirement

Check the table to know Sunlight Broking Partner Infrastructure Requirement:

Office AreaMinimum 200 Sq Ft
Employee StrengthMinimum 2
Research ServicesYes
Internet ConnectionNo
Trading TerminalsNo
Telephone LinesYes

If you wish to be the broker under the Sunlight Broking Securities, then you need to have the following conditions fulfilled to get the work. These are basic rules which most of the firms have, here are the rules:

  • You should at least have 200 Sq. Ft. area as your office under your possession.
  • Should at least have 2 employees working for you.
  • You should provide Research Services.
  • Must have the connection of the telephone line.

Sunlight Broking Sub Broker Offers

Find below various The Sunlight Broking Sub Broker Offers:

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

Sunlight Broking Securities provides with basic and best offers to its customers. The people of the company feels that it is very vital to provide everyone with enough opportunities. Hence, these are the offers provided by the company:

  • You can have flexible Revenue sharing.
  • Make a zero deposit.
  • You can have zero revenue sharing with Prepaid.

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Sunlight Broking Franchise Support

Given table consist of various support provided by Sunlight Broking Authorised Person program:

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

The company provides with support for its people. You can feel the support on every step you need to take on your way through the year. Here are some countable support points that the company provides:

  • Back-Office Support
  • Trading Support
  • Dealing Training
  • Advisory Support
  • Acquisition Training
  • Product Training

Sunlight Broking Authorised Person – Brokerage Charges to Clients

The table gives proper information of Sunlight Broking Brokerage charges levied to its Franchise Clients:

Equity Delivery0.28%
Equity Intraday0.03%
Equity Futures0.03%
Equity OptionsRs.28 per Lot
Currency Futures0.03%
Currency OptionsRs.18 per Lot
Commodity0.03%

The Brokerage charges provided by the company to its Sub-brokers are based according to the market rates only. They charge 0.28% for the Equity Delivery, 0.03% for the Equity Intraday, Equity Futures, Currency Futures, and Commodity, Equity Options at Rs. 28 per Lot, and Rs. 18 per Lot for Currency options.


Sunlight Broking Partner – Account Opening Charges to Clients

The table gives proper information of Sunlight Broking Account opening charges levied to its Franchise Clients:

Demat AMCFree
Trading AMCRs.250 per Annum
Account Opening ChargesRs.300
Transaction Charges0.00325%
Margin MoneyMinimum Rs.3,000

The charges acquired by the clients working for the Sunlight Broking Securities are valid and very reasonable. They charge nothing for Demat AMC and provide Trading AMC for Rs 250 per Annum. The charge is Rs, 300 for the Account Opening and the transaction charges are 0.00325%. The Margin Money is Rs. 3,000 at a minimum.


Become a Sub Broker with Sunlight Broking – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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