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 Model Sub Broker
Revenue Sharing 50% to 70%
Security Deposit Rs.50,000 – Rs.1 Lakh
Become Sub Broker in 40 Days
Receive Payout in 28 Days
Founder Yogesh Rajaram Gupta
Established Year 1994

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
Criteria Ratings
Experience 2.5/5
Services 2.6/5
Products 2.4/5
Trading Platforms 2.7/5
Support 2.8/5
Revenue Sharing Model 2.8/5
Security Deposit 2.6/5
Offers 2.8/5
Market Share 2.1/5
Overall 2.6/5

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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 Commission Sub Broker Commission
    Sykes & Ray Sub Broker 30% 70%
    Sykes & Ray Master Franchise 22% 78%
    Sykes & Ray Remisier 50% 50%
    Sykes & Ray Introducer 75%-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 Broker Rs.50,000 – Rs.1 Lakh
    Sykes & Ray Master Franchise Rs.2 Lakh – Rs.5 Lakh
    Sykes & Ray Remisier Rs.10,000
    Sykes & Ray Introducer Zero

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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 Broker Parasram Holdings Sub Broker Alankit Assignments Sub Broker
    Sykes & Ray Sub Broker A C Agarwal Share Sub Broker Arihant Capital Sub Broker
    RK Global Sub Broker Achiievers Equities Sub Broker B 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 List Remisiers Name Trade Name Remisiers Registration No.
      SYKES & RAY Jyoti H. Petigara Jyoti H. Petigara R/0189/07887/06/10/2005
      SYKES & RAY Lancy Willie K Lancy Willie K R/0189/41382/30/12/2011
      SYKES & RAY Mehta Kajal Chetan Mehta Kajal Chetan R/0189/42169/30/11/2012
      SYKES & RAY Minu R. Agarwal Minu R. Agarwal R/0189/13413/16/01/2007
      SYKES & RAY Mr. Bharat C. Kejriwal Bharat C. Kejriwal R/0189/03671/06/09/2004
      SYKES & RAY Mr. Kinjal Ashok Shah Kinjal Ashok Shah R/0189/03695/06/09/2004
      SYKES & RAY Mr. Neerav M. Bhuva Neerav M. Bhuva R/0189/03488/16/08/2004
      SYKES & RAY Mr. Rajesh Sanghrajka Rajesh Sanghrajka R/0189/03680/06/09/2004
      SYKES & RAY Mr. Rajesh V. Agarwal Rajesh V. Agarwal R/0189/03681/06/09/2004
      SYKES & RAY Mr. Raju D. Agarwal Raju D. Agarwal R/0189/03682/06/09/2004
      SYKES & RAY Mr. Rupesh Rajendra Tanna Rupesh Rajendra Tanna R/0189/03787/14/09/2004
      SYKES & RAY Mr. Yagnesh D. Shah Yagnesh D Shah R/0189/03278/15/07/2004
      SYKES & RAY Mrs. Tanguturi Lakshmi Tanguturi Lakshmi R/0189/04634/12/01/2005
      SYKES & RAY Ms. Rachna Varma Rachna Varma R/0189/02991/19/06/2004
      SYKES & RAY Pareek Securities & Investments Pareek Securities & Investments R/0189/09465/10/02/2006
      SYKES & RAY Silky Punglia Silky Punglia R/0189/43437/08/05/2015
      SYKES & RAY Sree Jith.B.K Sree Jith.B.K R/0189/11438/19/07/2006
      SYKES & RAY Vanshika C Parab Vanshika C Parab R/0189/42187/07/12/2012
      SYKES & RAY Vinayak Narayan Pol Vinayak Narayan Poi R/0189/38848/21/10/2010