VCK Share Sub Broker / Franchise / Authorised Person / Partner Review

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

VCK Share Sub Broker

VCK Stock Broking sub-brokers and other partners, their eligibility requirements, security deposit requirements. Apart from this information, the article will enlighten you about the services and the products of the company and also about the different brokerage charges, account opening and related charges like maintenance and margin money requirement etc. The article will also focus on the company’s administrative information and much such information which you would like to know before you engage with the company as a sub-broker or investors.


VCK Share Franchise – Customer Ratings

Find below table to know Customer Ratings of VCK Share Sub Broker:

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

The customer ratings of VCK Stock Broking is average with a 2.2 for the customer experience that shows they need to improve the way they deal with the customers. Then the services can be bettered as well to increase from the 2.3 ratings. The products seem to be good as they are rated at 2.5. The company can also develop their trading terminals a little to increase the 2.3 rating. The sub-brokers seems happy with the kind of support they get and also with the security deposit that they have to keep as the rating of 2.4 and 2.5 respectively suggests. However, the offers of the company can be altered or bettered as well so as the revenue sharing structure. The overall rating of the company is 2.3 which is an average rating and can be bettered.


Overview of VCK Share Franchise / Sub Broker

Details about VCK Share Franchise is given in the below table:

Company TypePrivate
Broker typeFull Service Broker
HeadquartersKolkata, West Bengal
FounderVarjivan C. Kampani
Established Year1989
SB Code Activation Time35 Days
Payout Time35 Days

VCK Stock Broking is a full-service broker with its headquarter in Kolkata. The company was founded in the year 1989 by Varjivan C. Kampani as a private limited company. Since then the company is running with pride and honor and it is one of the most renowned companies in the share broking space in Kolkata. The sub-broker code activation time is 35 days which is the time between the applications given by the sub-brokers who are interested in joining as partners and by the time they get their code activated as VCK Stock Broking sub-brokers. The payout time is 35 days and this is the period within which the company pays the partners after the generation of the revenue.


Become a Sub Broker with VCK Share – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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VCK Share Sub Broker – Business Models

Find below table for details:

Master FranchiseNo
Sub BrokerYes
RemisierNo
Referral ProgramYes

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


VCK Share Sub Broker / Authorised Person Model

As per VCK Stock Broking sub-brokership business model, the sub-brokers have to acquire their own clients and customers. The customers they acquire have to be pitched with the investment ideas with the products from VCK Stock Broking. The sub-brokers once successful in selling the products and services of the company to the clients, they earn a certain portion of the revenue that the company generates.

VCK Share Referral Program

This is the simplest business partnership of all as there is no need of investing any sum, no full-time engagement etc. The partners under this program can refer any prospective clients who want to invest through a broker and VCK Stock Broking is referred to them by this partner. They earn a flat amount on each referral.


VCK Share Sub Broker Commission / Revenue Sharing

Find below table to know VCK Share Franchise Commission Models and Revenue Sharing Models:

Master FranchiseNA
Sub Broker55% – 85%
RemisierNA
Referral ProgramRs.1,999 per Refer

The VCK Stock Broking revenue sharing depends on the amount of security deposit it keeps with the company which will be discussed in the next section of the article. There is a bracket of revenue percentage which can be shared with the sub-brokers. The bracket starts from 55% and can go up to 85%.

For the referral program partners, the flat amount of Rs. 1999 is provided on each referral.


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VCK Share Franchise Cost / Security Deposit

Below Tables gives a good understanding of VCK Share Franchise Cost:

Master FranchiseNA
Sub BrokerRs.50,000 – Rs.200,000
RemisierNA
Referral ProgramZero

The sub-brokers need to keep a minimum of Rs. 50000 as the security deposit and the amount goes up to Rs. 200000 at the discretion of the sub-broker. The can invest within this bracket and the revenue sharing will be in accordance with the amount they have kept.

The referral program has no cost involved.


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VCK Share Partner Infrastructure Requirement

Check the table to know VCK Share Partner Infrastructure Requirement:

Office AreaMinimum 100 Sq Ft
Employee StrengthMinimum 1
Research ServicesYes
Internet ConnectionNo
Trading TerminalsYes
Telephone LinesYes
  • The office of the partner must have at least 100 square feet of movable area
  • The office must be equipped with a telephone connection
  • There must be advanced trading terminals and in proper working conditions
  • The office of the sub-brokers must also have research services to give the required information to the clients and the customers
  • The employee in the company must be at least one.

VCK Share Sub Broker Offers

Find below various The VCK Share Sub Broker Offers:

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

The offers provided by the VCK Stock Broking are as follows –

  • The company allows the business partner to join with zero deposit
  • There are both provisions for flat and flexible revenue sharing
  • The earning potential is too high compared to the security deposit
  • The research facilities are there which the company provides to the partners

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VCK Share Franchise Support

Below table consist of various support provided by VCK Share Authorised Person program:

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

VCK Stock Broking supports the sub-brokers and the referral program partners with their back-office requirements. For instance, if they face any trouble with the documentation or other similar work. The next is the company provide acquisition training to the partners of the company – sub-brokers and referral program partners. This helps the partners in understanding the clients better and acquire them with ease and grow the business for them as well as for the company.


VCK Share Authorised Person – Brokerage Charges to Clients

The table gives proper information of VCK Share 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
CommodityNA

The brokerage charges of VCK Stock Broking varies according to the class of assets and type of transactions. For equity intraday transactions, currency futures and equity futures, the rate is 0.03%. The rate goes to 0.28% when it comes to equity delivery segment. The options are also charges at Rs. 28 per lot for the equity segment and Rs. 18 for the currency segment.


VCK Share Partner – Account Opening Charges to Clients

The table gives proper information of VCK Share Account opening charges levied to its Franchise Clients:

Demat AMCRs.280 per Annum
Trading AMCFree
Account Opening ChargesZero
Transaction Charges0.00280%
Margin MoneyZero Margin

You can open the VCK Stock Broking account for free but for maintaining the Demat account you have to pay Rs. 280 per year. The trading account can be maintained for free as well.  The best thing is VCK Stock Broking asks for no margin money and the transaction charges are 0.00280% of every transaction.


Benefits of VCK Share Partner Program

The VCK Share Sub-brokers program is beneficial for the sub-brokers as –

  • No margin money requirement
  • Research facilities
  • Variety of products and services
  • Nominal brokerage and other charges

Become a Sub Broker with VCK Share – Just Fill up the form

Become a Sub Broker
  1. Become Sub BrokerOpen Demat Account


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