Vertex Securities is a key player in the stock market with hundreds of Vertex Securities Sub Broker working under them across India.
Summary | |
Top Business Model | Sub Broker |
Revenue Sharing | 55% – 75% |
Security Deposit | Rs.30,000 – Rs.130,000 |
Become Sub Broker in | 31 Days |
Receive Payout in | 33 Days |
Founder | Kumar Nair |
Established Year | 1993 |
Vertex Securities is one of the popular share brokerage company in the financial capital of Mumbai. The company has a long history which will be discussed in this article in the later segments.
This article is going to inform you about the Vertex Securities sub-brokers and the other business models of the company and how it does its business through the partners.
The article will enlighten your knowledge about the company’s revenue-sharing structure with the partners as well besides informing you about the amount of investment required for being a partner of the company.
This article will also help the investors who are looking to invest via this company as there are brokerage plans discussed in this article and then the other charges which an investor has to bear.
Vertex Securities Franchise – Customer Ratings
Find below table to know Customer Ratings of Vertex Securities Sub Broker:
Experience | 2.3/5 |
Services | 2.4/5 |
Products | 2.5/5 |
Trading Platforms | 2.3/5 |
Support | 2.4/5 |
Revenue Sharing Model | 2.5/5 |
Security Deposit | 2.4/5 |
Offers | 2.4/5 |
Market Share | 2.1/5 |
Overall Ratings | 2.3/5 |
Star Ratings | ★★★☆☆ |
The customer ratings of the Vertex Securities depicts a lot about the company’s operation and function and its dedication towards the customers. The customer’s experience has got a rating of 2.3 which is an average rating and can be improved as well.
The next is the services provided by the company which is rated at 2.4 and that suggest the customers are happy with the services and it can be bettered as well. The products of the company need to be really good to fetch a rating of 2.5 from the customers.
The trading platforms are also rated at 2.3 which means the customers and the partners want them to be upgraded a bit at the least. The support provided to the partners and the security deposit they have to pay is rated at 2.4 each and that suggests they are content with the support and the security deposit is quite affordable.
The revenue sharing model must be very good to get a rating of 2.5 from the partners and they must be satisfied with the revenue they are getting. The offers are also rated at 2.4 and that makes the whole of the rating to stand at 2.3 which is a fair rating as per the industry standards.
Overview of Vertex Securities Franchise / Sub Broker
Details about Vertex Securities Franchise is given in the below table:
Company Type | Private |
Broker type | Full Service Broker |
Headquarters | Mumbai, Maharashtra |
Founder | Kumar Nair |
Established Year | 1993 |
SB Code Activation Time | 31 Days |
Payout Time | 33 Days |
Vertex Securities was established in the year 1993 which is 25 years ago and since then they are doing the business with perfection. The private firm is a full-service broker which means that they provide all kind of services in the share market related to the brokerage. Kumar Nair is the founder of the company who established it in the city of Mumbai and now it has branches around the city and in other cities as well.
The company has an array of sub-brokers working for them who on applying for the partnership need to wait for 31 days as that is the Vertex Securities sub-brokers code activation time. The payout time for the company is 33 days approximately.
Become a Sub Broker with Vertex Securities – Just Fill up the form
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Vertex Securities Sub Broker – Business Models
Find below table for details:
Master Franchise | No |
Sub Broker | Yes |
Remisier | No |
Referral Program | Yes |
Vertex Securities Referral Program
This is a simple business model where the partner of Vertex Securities can refer anyone from his office, workplace, home, relatives and friends and even acquaintances who are eager to invest in share market and looking for a broker. So, if the reference turns out to be a customer of the company then the partner who referred the customer would get a portion of revenue at the flat amount or on a percentage basis.
Vertex Securities Sub Broker / Authorised Person Model
This model of business can have any number of sub-brokers working under Vertex Securities. These sub-brokers gets their own clients and customers and sell products and services to them which generates revenue for the company. The company shares a portion of the revenue with the sub-brokers for their services.
Vertex Securities Sub Broker Commission / Revenue Sharing
Find below table to know Vertex Securities Franchise Commission Models and Revenue Sharing Models:
Master Franchise | NA |
Sub Broker | 55% – 75% |
Remisier | NA |
Referral Program | Rs.1,449 per Refer |
The Vertex Securities revenue sharing as per the amount of security deposit the sub-brokers keep with the company. So, if the company has got the minimum amount of security deposit from one sub-broker, that sub-broker will get 55% of the revenue on each of the sales he or she makes. On the other hand, if the sub-broker keeps the highest amount of security deposit, they will be entitled to earn 75% of the revenue.
For the referral program business partners, they are entitled to Rs. 1449 for each referral they make.
Check out Revenue Sharing of other Sub Brokers
Vertex Securities Franchise Cost / Security Deposit
Below Tables gives a good understanding of Vertex Securities Franchise Cost:
Master Franchise | NA |
Sub Broker | Rs.30,000 – Rs.130,000 |
Remisier | NA |
Referral Program | Zero |
The amount of security deposit one sub-broker has to keep is at his discretion and the amount can range between Rs. 30000 to Rs. 130000.
For the referral program, there is no requirement for any kind of investment or deposit.
Here are Security Deposit info of other Stock Broking Franchise
Vertex Securities Partner Infrastructure Requirement
Check the table to know Vertex Securities Partner Infrastructure Requirement:
Office Area | Not Mandatory |
Employee Strength | Not Mandatory |
Research Services | Yes |
Internet Connection | Yes |
Trading Terminals | No |
Telephone Lines | Yes |
For being a partner of Vertex Securities, one needs to meet the following infrastructural requirement of Vertex Securities –
- There must be research services in the sub-brokers office and he or she must properly advise the customers based on the research reports
- The office must be accommodating enough for the office employees and the clients
- The number of office employees depends on the requirement of the sub-broker
- The office must be equipped with an internet connection and telephone connection
Vertex Securities Sub Broker Offers
Find below various The Vertex Securities Sub Broker Offers:
Zero Deposit | Yes |
10k Initial Deposit | No |
Flexible Revenue Sharing | Yes |
Flat Revenue Sharing | No |
Zero Revenue Sharing with Prepaid | No |
Vertex Securities offers for the business partners are –
- The good earning potential that is the amount of revenue they get from the company
- Research reports to support the advises partners give to the clients and the customers
- One can start business partnering with Vertex Securities with no deposit as well
- There is flexibility in sharing revenue
- Low amount of investment requirement
Check out other companies Sub Broker Offers
Vertex Securities Franchise Support
Below table consist of various support provided by Vertex Securities Authorised Person program:
Marketing Support | Yes |
Back-Office Support | Yes |
Trading Support | No |
Advisory Support | No |
Dealing Training | No |
Acquisition Training | Yes |
Product Training | No |
The Vertex Securities support the sub-brokers by helping them in marketing their business, products, and services, also support if they face any problem in official work – back office support. Finally, the company trains the partners in the acquisition of clients and customers. This is an important training that is required especially for the new sub-brokers who joins the industry.
Vertex Securities Authorised Person – Brokerage Charges to Clients
The table gives proper information of Vertex Securities Brokerage charges levied to its Franchise Clients:
Equity Delivery | 0.15% |
Equity Intraday | 0.02% |
Equity Futures | 0.02% |
Equity Options | Rs.15 per Lot |
Currency Futures | 0.02% |
Currency Options | Rs.10 per Lot |
Commodity | 0.02% |
Vertex Securities brokerage costs are quite nominal and it is different for a different segment. For equity delivery segment the rate is 0.15% whereas it is 0.02% for the equity intraday, equity futures, currency futures and commodities. For the options segment, it is Rs. 15 per lot for the equity options and Rs. 10 per lot for the currency options.
Vertex Securities Partner – Account Opening Charges to Clients
The table gives proper information of Vertex Securities Account opening charges levied to its Franchise Clients:
Demat AMC | Free |
Trading AMC | Rs.100 per Annum |
Account Opening Charges | Rs.500 |
Transaction Charges | 0.00319% |
Margin Money | Minimum Rs.7,000 |
For an opening account with Vertex, Securities one needs to pay Rs. 500 as onetime fee and then every year to maintain the trading account they have to pay Rs. 100. The Demat account is maintained free of cost. The minimum margin requirement is Rs. 7000 and the transactional cost is charged at 0.00319%.
Benefits of Vertex Securities Partner Program
The Vertex Securities Sub-brokers program is beneficial for the sub-brokers as –
- Very low investment requirement
- High earning opportunity
- The simple revenue sharing process
- Low margin money requirement
- Very low brokerage charges
Become a Sub Broker with Vertex Securities – Just Fill up the form
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