Sykes & Ray Sub Broker / Franchise / Partner Review

Sykes & Ray Sub Broker Program is new entrant in the Broking Franchise Business. In this Article we will dig deep in Sykes & Ray Franchise Cost, Sykes & Ray Sub Broker Commission & more.

Top Business ModelSub Broker
Revenue Sharing50% to 70%
Security DepositRs.50,000 – Rs.1 Lakh
Become Sub Broker in40 Days
Receive Payout in28 Days
FounderYogesh Rajaram Gupta
Established Year1994

The Sykes & Ray, which is a leading financial services organisation has a different approach towards its partners and its clients that involves building long term relationship with them,making  the company stand out among others.

Sykes & Ray

Sykes & Ray Franchise Customer Ratings

SKI Capital Franchise
Trading Platforms2.7/5
Revenue Sharing Model2.8/5
Security Deposit2.6/5
Market Share2.1/5

Compare Sub Broker Franchise


Types of Sykes & Ray Franchise

  • Sub Broker / Partner
  • Master Franchise
  • Remisier
  • Introducer

Become a Sub Broker with Sykes & Ray – Just Fill up the form

    Become a Sub Broker
    1. Become Sub Broker

    Sykes & Ray Sub Broker

    sykes & ray sub brokerSykes & Ray Sub Broker / Partner is the one owning an actual franchise provided by the company and has to cater to the clients’ and customers’ needs.  There can be multiple sub brokers existing in the same location. The Sykes & Ray Partner initiative has to acquire & well as service the clients.

    In this model, the Partner has to own a office space to run the business. The Security deposit & Revenue sharing both are mediocre for this model.

    Sykes & Ray Master Franchise

    It is almost same as being a sub broker, only difference being that only one master franchise can be there for a particular location. Sykes & Ray Master Franchise Program generally has a monopoly in the location of their existence.

    In this location no other sub broker or company branch will be allowed. The Revenue Sharing & Security Deposit both are highest in this Model. Just like the Sub Broker Program, Master Franchise has to have a place to run the business.

    Sykes & Ray Remisier

    Remisier is the one who will report potential clients to the broking house. In Sykes and Ray, remisier is entitled to a space in Sykes and Ray office. The Remisier is like a sit in agent of Sykes & Ray whose only work is to get potential clients to the company.

    Sykes & Ray Introducer

    An Introducer is similar to Remisier but the only difference here is an introducer is not entitled to a place in Sykes & Ray’s office. They only has to deliver potential leads to the broking house.

    Sykes & Ray Sub Broker Commission or Revenue Sharing Model

    For a person holding a Sykes & Ray Master Franchise the stakes are high as it will involve increased duties and responsibilities as a partner, but at the same time, its share of revenue can be as high as 78%.

    When it comes to being a Sykes & Ray sub broker,  individual should know the rules of business and entrepreneurship and should have an inclination towards having a social group. 70% of the generated revenue is kept by the sub broker and 30% is given to the broking house.

    For a Sykes & Ray Remisier, revenue obtained can go till 50%. The Sykes & Ray Introducer Model, the commission is in the range of 20% – 25%.

    According to Sykes & Ray, two most important reason that can fetch high revenue share to the sub broker are:

    • High Number of Clients with the Sub Broker
    • High Valume of Revenue Generated by Sub Broker
    Sykes & Ray CommissionSub Broker Commission
    Sykes & Ray Sub Broker30%70%
    Sykes & Ray Master Franchise22%78%
    Sykes & Ray Remisier50%50%
    Sykes & Ray Introducer75%-80%20%-25%


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    Sykes & Ray Franchise Cost or Security Deposit Amount

    The investment into the Master franchise Model can range anywhere between Rs.2 – Rs.5 Lakh,however, an initial  refundable security deposit amount of Rs.50,000 remains fixed. The remaining money can be paid in installments according to the agreements between the company and the franchise. In addition to this, NSE registrations for trading in different sections require non refundable monetary inputs.

    For a Sub Broker Model, the total Investment Amount ranges between Rs.50,000 – Rs.1 Lakh, along with registration fees.

    In Remisier Model, the security deposit amount is Rs.10,000 only & for Introducer Model, there is no requirement of deposit amount only Demat & Trading account is compulsory.

    Sykes & Ray Franchise Cost
    Sykes & Ray Sub BrokerRs.50,000 – Rs.1 Lakh
    Sykes & Ray Master FranchiseRs.2 Lakh – Rs.5 Lakh
    Sykes & Ray RemisierRs.10,000
    Sykes & Ray IntroducerZero

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    Sykes & Ray Sub Broker Offers

    Following is the list of reasons which make Syke & Ray a deal breaker for investments.

    • Numerous financial services offered(Mutual Funds, Currency Trading,Mobile Trading,NRI,etc)
    • Updated technological services which provide safe and fast trading services.
    • In-depth weekly and monthly research reports to keep the clients updated.
    • Coherent back office system provides easy to use services to the customers.
    • Conducting product training and seminars regularly.
    • Professional marketing support and training.
    • Good risk mitigation strategies.

    Check out other companies Sub Broker Offers

    SKI Capital Sub BrokerParasram Holdings Sub BrokerAlankit Assignments Sub Broker
    Sykes & Ray Sub BrokerA C Agarwal Share Sub BrokerArihant Capital Sub Broker
    RK Global Sub BrokerAchiievers Equities Sub BrokerB N Rathi Sub Broker

    How to become Sub Broker of Sykes & Ray Franchise?

    • Fill in your details in the lead form.
    • Verify your interests by receiving a call from Call Centre.
    • Fix an appointment with Sales Representative when there is a call from them.
    • Make sure to get detailed information by meeting uo with sales representative.
    • Submit the initial security deposit amount and all the documents required for verification.
    • The doucments will be verified.
    • After verification, an account ID will be provided.

    The procedure gets completed in almost 3 days.

    Documents Required for Sykes & Ray Partner Registration

    • Educational degree certificate
    • DOB verification- 21 years and above
    • 2 photograohs
    • Cancelled bank cheque
    • Rent Agreement for Office space
    • Aadhar card
    • PAN card
    • Address Proof

    Why Partner with Sykes & Ray?

    • Profitable Revenue Sharing models
    • Variety of services provided
    • Most trusted company
    • Less security deposit
    • Strong networking

    Support Provided by Sykes & Ray Partner Program

    • Marketing support involoving branding, conducting seminars etc.
    • Back office support
    • Technical support comprising of reports,reminder and alerts
    • Training support to keep the clients ahead in the trading game.
    • Analytical support

    Become a Sub Broker with Sykes & Ray – Just Fill up the form

      Become a Sub Broker
      1. Become Sub Broker

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      List of Top Sykes & Ray Partners/ Business Partners

      Company ListRemisiers NameTrade NameRemisiers Registration No.
      SYKES & RAYJyoti H. PetigaraJyoti H. PetigaraR/0189/07887/06/10/2005
      SYKES & RAYLancy Willie KLancy Willie KR/0189/41382/30/12/2011
      SYKES & RAYMehta Kajal ChetanMehta Kajal ChetanR/0189/42169/30/11/2012
      SYKES & RAYMinu R. AgarwalMinu R. AgarwalR/0189/13413/16/01/2007
      SYKES & RAYMr. Bharat C. KejriwalBharat C. KejriwalR/0189/03671/06/09/2004
      SYKES & RAYMr. Kinjal Ashok ShahKinjal Ashok ShahR/0189/03695/06/09/2004
      SYKES & RAYMr. Neerav M. BhuvaNeerav M. BhuvaR/0189/03488/16/08/2004
      SYKES & RAYMr. Rajesh SanghrajkaRajesh SanghrajkaR/0189/03680/06/09/2004
      SYKES & RAYMr. Rajesh V. AgarwalRajesh V. AgarwalR/0189/03681/06/09/2004
      SYKES & RAYMr. Raju D. AgarwalRaju D. AgarwalR/0189/03682/06/09/2004
      SYKES & RAYMr. Rupesh Rajendra TannaRupesh Rajendra TannaR/0189/03787/14/09/2004
      SYKES & RAYMr. Yagnesh D. ShahYagnesh D ShahR/0189/03278/15/07/2004
      SYKES & RAYMrs. Tanguturi LakshmiTanguturi LakshmiR/0189/04634/12/01/2005
      SYKES & RAYMs. Rachna VarmaRachna VarmaR/0189/02991/19/06/2004
      SYKES & RAYPareek Securities & InvestmentsPareek Securities & InvestmentsR/0189/09465/10/02/2006
      SYKES & RAYSilky PungliaSilky PungliaR/0189/43437/08/05/2015
      SYKES & RAYSree Jith.B.KSree Jith.B.KR/0189/11438/19/07/2006
      SYKES & RAYVanshika C ParabVanshika C ParabR/0189/42187/07/12/2012
      SYKES & RAYVinayak Narayan PolVinayak Narayan PoiR/0189/38848/21/10/2010