Sunness Capital Sub Broker / Franchise / Authorised Person / Partner Review

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

Summary
Top Business Model Sub Broker
Revenue Sharing 60% – 85%
Security Deposit Rs.50,000 – Rs.150,000
Become Sub Broker in 30 Days
Receive Payout in 35 Days
Founder Sasitota Prabhakara Shreesha
Established Year 2009

Sunness Capital, a company that started from Bangalore, Karnataka has been providing its customers and partners with full broker services for 10 years now; availing services like research and advice, tax assistance, retirement planning, etc.

This article focuses on some important programs and services that Sunness capital offers, the experience, and packages that the company brings to the table; the support the company offers to its customers under various business models and the charges that are included in those models.


Sunness Capital India


Sunness Capital Franchise – Customer Ratings

Find below table to know Customer Ratings of Sunness Capital Sub Broker:

Experience 2.5/5
Services 2.4/5
Products 2.2/5
Trading Platforms 2.6/5
Support 2.4/5
Revenue Sharing Model 2.1/5
Security Deposit 2.2/5
Offers 2.4/5
Market Share 2.3/5
Overall Ratings 2.3/5
Star Ratings ★★★☆☆

The experience that Sunness Capital offers is responsible for its average performance as a brokerage firm. The services and support that it provide to its clients and partners are rated by customers as above average. Various business models and the offers under them add to the list of perks, with the addition of good trading platforms that the company provide.

Factors like revenue sharing model and market share that they offer are like any other brokerage firm and so they fall a little short on customer ratings. But all the customer reviews add up to an average overall rating for all the services that the company has provided to its customers to date.


Overview of Sunness Capital Franchise / Sub Broker

Details about Sunness Capital Franchise is given in the below table:

Company Type Private
Broker type Full Service Broker
Headquarters Bangalore, Karnataka
Founder Sasitota Prabhakara Shreesha
Established Year 2009
SB Code Activation Time 30 Days
Payout Time 35 Days

Sunness Capital Sub BrokerSunness Capital is a private brokerage firm, that has been in action for a decade after it was started by Sasitota Prabhakara Shreesha in the year 2009.

It has its headquarters in Bangalore. it takes a time of up to 30 days for SB code activation and 35 days for the payout time.


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    Sunness Capital Sub Broker – Business Models

    Find below table for details:

    Master Franchise No
    Sub Broker Yes
    Remisier No
    Referral Program Yes

     

    Sunness Capital Sub Brokership

    Under the sub-broker model, the brokers can act as an intermediate between the trading members and the client, acting on their behalf in dealing in securities. This model also provides more than one sub-brokers to work at the same place under the same company name.

    Sunness Capital Referral Program

    Eligible candidates can work as referrers for Sunness Capital but they needn’t be employees or agents of the firm. You can be a flat fee referrer where you get paid for every active broker you refer to a client.


    Sunness Capital Sub Broker Commission / Revenue Sharing

    Find below table to know Sunness Capital Franchise Commission Models and Revenue Sharing Models:

    Master Franchise NA
    Sub Broker 60% – 85%
    Remisier NA
    Referral Program Rs.2,100 per Refer

    You need to pay an amount in order to work with Sunness Capital prior to making a deal as a security deposit. This amount varies according to the business model you choose-

    As the amount has nothing to do with the shares that you will buy after being a partner, client or broker, the complete amount is refundable at the end of the partnership period. But the share that a party gets at the end of the partnership depends directly on the payment made as a security deposit.

    Sunness Capital doesn’t charge people under the referral program.


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    Sunness Capital Franchise Cost / Security Deposit

    Given tables gives a good understanding of Sunness Capital Franchise Cost:

    Master Franchise NA
    Sub Broker Rs.50,000 – Rs.150,000
    Remisier NA
    Referral Program Zero

    Being an established brokerage firm of Bangalore, Sunness Capital provides various opportunities under its revenue-sharing model, and the amount that it gives depends on the business model you go for and the security deposit you made.

    The commission for the brokers working under the sub-broker franchise goes from a minimum value of Rs.50,000 – Rs.150,000, based on the profit that the company earns at the end by the sales of goods or shares among stakeholders or contributors.


     

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    Sunness Capital Partner Infrastructure Requirement

    Check the table to know Sunness Capital Partner Infrastructure Requirement:

    Office Area Not Mandatory
    Employee Strength Minimum 1
    Research Services Yes
    Internet Connection Yes
    Trading Terminals Yes
    Telephone Lines Yes

    There are certain conditions that you must meet under the infrastructure requirement, that the company looks at before working with you. the following falls under that-

    • Having an office area isn’t mandatory but it will act as a perk.
    • Minimum employee strength of 1 is mandatory.
    • Your company should do research services.
    • You should have access to an active internet service.
    • You should have Trading Terminals.
    • You should also have access to working telephone lines.

    Sunness Capital Sub Broker Offers

    Find below various The Sunness Capital Sub Broker Offers:

    Zero Deposit Yes
    10k Initial Deposit Yes
    Flexible Revenue Sharing Yes
    Flat Revenue Sharing No
    Zero Revenue Sharing with Prepaid Yes

    If you choose to work as a sub-broker under Sunness Capital then you get an in with the following offers-

    • You can go for a zero deposit option instead of a security deposit.
    • You get the 10k initial deposit offer to open an account with the broker.
    • You get the flexible revenue sharing offer, where you receive the profit on a quarterly or annual basis instead of receiving the whole amount at the end of the revenue cycle.
    • You also get zero revenue sharing with a prepaid option.

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    Sunness Capital Franchise Support

    Below table consist of various support provided by Sunness Capital Authorised Person program:

    Marketing Support Yes
    Back-Office Support Yes
    Trading Support No
    Advisory Support Yes
    Dealing Training Yes
    Acquisition Training No
    Product Training No

    The support that Sunness Capital offers to its sub-brokers are-

    • Marketing support
    • Back-office support
    • Advisory support
    • Dealing training

    At the same time, they keep trading support, acquisition training and product training out of the option.


    Sunness Capital Authorised Person – Brokerage Charges to Clients

    The table gives proper information of Sunness Capital Brokerage charges levied to its Franchise Clients:

    Equity Delivery 0.33%
    Equity Intraday 0.03%
    Equity Futures 0.03%
    Equity Options Rs.33 per Lot
    Currency Futures 0.03%
    Currency Options Rs.23 per Lot
    Commodity 0.03%

    Sunness Capital provides the following charges to the sub-brokers working under its name-

    • 33% to equity delivery
    • 03% to equity intraday
    • 03% to equity futures
    • 03% to currency futures.
    • Rs 33 per lot to equity options
    • Rs 23 per lot to currency options.
    • 03% to commodity

    Sunness Capital Partner – Account Opening Charges to Clients

    The table gives proper information of Sunness Capital Account opening charges levied to its Franchise Clients:

    Demat AMC Rs.333 per Annum
    Trading AMC Free
    Account Opening Charges Rs.250
    Transaction Charges 0.00323%
    Margin Money Minimum Rs.13,000

    Following are the charges acquired by the clients of Sunness Capital-

    • 333 per annum for Demat AMC
    • Providing free Trading AMC
    • An amount of Rs.250 for account opening
    • A transaction charge of up to 0.00323%
    • And a minimum of Rs.13,000 as margin money

    Benefits of Sunness Capital Partner Program

    The support provided by the company to its sub-brokers and the minimum requirements to be a partner which are pretty basic is why you wouldn’t have to go out of the way to be a part of it.

    The flexible revenue sharing option provides you with profit without waiting until the end of the partnership cycle.

    The experience that the company brings in with various business models provides a variety for the security deposit as well.


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