This article illustrates the structure in which the Alice Blue Online Franchise would operate.
You would come to know all that you need to know about working with Alice Blue online as a Sub broker – how to enroll with them, what models of business partnerships they offer, what are the minimum deposit and infrastructure requirements, etc.
Someone interested in becoming an Alice Blue Online Sub Broker should surely go through this article to get a complete insight into how the business functions.
| Alice Blue Online Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Minimum of Rs.10,000 |
| Revenue Sharing | 50% – 75% |
| Payout Time | 28 Days |
| SB Code Activation Time | 45 Days |
What do you know about Alice Blue Online Franchise?
Alice Blue Online is a private discount broker headquartered in Bangalore, Karnataka. This Broking house was founded by Mr. Sidhavelayutham M in the year 2006.
Ever since its inception, the company has gained immense popularity for the Alice Blue Online Franchise. The company is known for its transparent working style and fair trade policies.
They have also built a strong network of business partners over the years and hence are growing their business also rapidly. The Alice Blue Online Sub Broker model of partnership is gaining immense popularity in the market due to numerous reasons.
| Alice Blue Online Business Partner Overview | |
| Here is the overview of the Alice Blue Online Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Discount Broker |
| Where is the Headquarter located? | Bangalore, Karnataka |
| Who is the Founder? | Sidhavelayutham M |
| What is the year of establishment? | 2006 |
| How many days does it take for SB Code Activation? | 45 Days |
| How many days/weeks it takes for Payout? | 28 Days |
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Alice Blue Online Sub Broker Program provides?
As mentioned earlier, the Alice Blue Online Sub Broker model is gaining much repute amongst various brokers and sub brokers as the company gives many benefits to its business partners.
They operate with only a single business model as they want to emphasize completely on it and capitalize maximum from it.
- Sub Broker / Authorised Person
Alice Blue Online Sub Broker / Authorised Person
The Alice Blue Online Sub Broker is a very methodically planned model to work with as with this the company gives you complete rights and liberty to deal with end customers directly on their behalf.
You can trade for them, assist them while trading, access the trading terminals, and work completely as a Broker does.
| Alice Blue Online Franchise Business Models | |
| Know about various Business Models of Alice Blue Online | |
| Is the Sub Broker business model available? | Yes |
| Do they provide Referral Program? | No |
| Do they provide Master Franchise Model? | No |
| Does this broker provide Partner / Remisier model? | No |
How does Alice Blue Online Sub Broker Revenue Sharing work?
Being in the business for quite some time now, Alice Blue Online recognizes the efforts of its business partners and values their work. Hence, the Alice Blue Online Sub Broker Commission is also at par with the efforts they put into the business.
The company shares around 50% – 75% of the revenue generated with you as a sub broker. The higher your business quantum, the larger share you can demand; that’s the rule of the business.
However, you can rest assured that the Alice Blue Online Franchise Revenue is equivalent to or greater than most market players and in no terms less than its competitors.
| Alice Blue Online Sub Broker Revenue Sharing | |
| Find the details of its Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% – 75% |
| Do they provide revenue sharing or direct pay for Referral Program? | NA |
| How much is the revenue sharing Master Franchise business? | NA |
| How much is the revenue sharing required for Partner / Remisier model? | NA |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Alice Blue Online Business Partner Security Deposit requirement?
When it comes to the Alice Blue Online Franchise Cost, the company is extremely liberal in its approach there as well. As compared to other market players, their security deposit amount is very minimal.
They expect only Rs. 10,000 as the minimum security deposit amount with which you can get started immediately. This is the least that any Broker would charge for a Sub Brokership association.
Honestly, an offer like the Alice Blue Online Sub Broker Investment is something which is very rare to find, so if you are still speculating, you should get going with them right away.
| Alice Blue Online Franchise Security Deposit | |
| Check the Alice Blue Online Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | minimal of Rs.10,000 |
| Is there any security deposit required for Referral Program? | NA |
| What is the initial investment required for Master Franchise Model? | NA |
| What is the deposit required for Partner / Remisier Model? | NA |
What are the various Offers rolled out by Alice Blue Online Authorised Person Program?
As a seasoned financial services provider, Alice Blue is well aware that they need to provide lucrative offers and benefits to its sub brokers for its sustainability and hence they very regularly launch its Alice Blue Online Sub Broker Offers for their business partners.
One of the keys offers that they provide is Flexible Revenue sharing options for all Sub Brokers. This is something that differentiates each partner from the other despite being on the same business model.
The other very critical Alice Blue Online Franchise Offer is that they allow membership as a sub broker with a 10,000 minimum security deposit as well.
However, they don’t have a flat revenue sharing model or a Zero Revenue Sharing with a Prepaid option.
| Alice Blue Online Sub Broker Offers | |
| Here is the list of Alice Blue Online Franchise offers available to the clients | |
| Do they provide Flexible Revenue Sharing offer? | Yes |
| Are they providing Flat Revenue Sharing offer? | No |
| Do they offer Zero Revenue Sharing model with Prepaid payment? | No |
| Do they provide Zero Deposit scheme? | No |
| Are they offering 10k Initial Deposit scheme? | Yes |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Alice Blue Online Business Partner?
As a seasoned financial services provider, Alice Blue is well aware that they need to provide lucrative offers and benefits to its sub brokers for its sustainability and hence they very regularly launch its Alice Blue Online Sub Broker Offers for their business partners.
One of the key offers that they provide is Flexible Revenue sharing options for all Sub Brokers. This is something that differentiates each partner from the other despite being on the same business model.
The other very critical Alice Blue Online Franchise Offer is that they allow membership as a sub broker with a 10,000 minimum security deposit as well.
However, they don’t have a flat revenue sharing model or a Zero Revenue Sharing with a Prepaid option.
| Alice Blue Online Business Partner Support | |
| Here are the various Support Alice Blue Online Franchise needs to provide to their clients | |
| Do they provide Acquisition Training to their associates? | Yes |
| Do they provide Training for Dealers of their sub brokers? | Yes |
| Are they providing Product Training for their business partners? | Yes |
| Do they provide Back-Office Support for their authorised person? | Yes |
| Are they providing Trading Support to their business partners? | Yes |
| Are they sharing Advisory Support with their partners? | No |
| Does the broking house provide Marketing Support to their sub brokers? | No |
Which is the Infrastructure required for Alice Blue Online Business Associate?
Alice Blue Online is also not very selective about its partner’s infrastructure. They only expect a decent office space dedicated to the business as a part of the Alice Blue Online Partner Requirement.
They want that the partner should have an office in a good locality with a minimum 100 sq ft area and 2 employees working for them.
The other basic requirements are that they should have Telephone lines and Internet connectivity to reach out to customers and they should also have access to the Trading terminals.
If they do not have Research services, that’s not too much of a concern as that’s not a mandate. The above-mentioned were the only Alice Blue Online Sub Broker Infra Requirement.
| Alice Blue Online Partner Infrastructure Requirement | |
| Find the various Infra required to take up Alice Blue Online Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 2 |
| Do the Sub Broker needs to provide Trading Terminals? | Yes |
| Is the Internet Connection mandatory to take up franchise? | Yes |
| Are Telephone Lines mandatory for Business Partners? | Yes |
| Is it mandatory to provide Research Services by Sub Broker? | No |
| How much is the size of Office Area required to become a Sub Broker? | Minimum 100 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the Eligibility Criteria to Become Alice Blue Online Partner?
Every Stock broking house does have a minimum eligibility criterion for all their partners and they do check thoroughly before taking someone on board.
Similarly, there is certain Alice Blue Online Sub Broker Eligibility as well that you must know before you decide to go ahead with them.
Age criteria are a minimum of 18 years and should not be more than 65 years of age. One should be working and with a minimum experience of 2 years; preferably in the financial services industry.
If you have knowledge of the stock market and have worked in such a setup in the past, that would be an added advantage.
The minimum education qualification required would be 10+2. These are some of the Alice Blue Online Franchise Eligibility points that you need to keep in mind.
What are the brokerage charges levied on the Clients of Alice Blue Online Partners?
Since Alice Blue Online is a discount broker, the charges levied by them are also extremely low as compared to other Full service brokers.
The Alice Blue Online Partner Charges are something that you can boast about in front of your clients by assuring them the lowest charges always.
Most of the segments can be traded at a fixed rate per order i.e. Rs. 10 per order irrespective of the transaction value.
For example, Equity Intraday, Delivery, and Options all can be traded using this fixed-rate option. Currency Options, Currency Futures, and Equity Futures also can be traded using the per-order method.
Only the Commodity trading charge is different which is Rs. 100 fixed. In all these segments, you can also go for a percentage value charge i.e. 0.01% of the transaction value.
Such are the Alice Blue Online Authorized Person Charges and in comparison to other brokers, you will surely save a lot of money due to these charges.
| Alice Blue Online Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Alice Blue Online Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.01% or Rs.10 per executed order |
| How much are Equity Delivery charges? | 0.01% or Rs.10 per executed order |
| How much is the charge levied on Equity Options? | Rs.10 per executed order |
| How much are the Currency Options charges? | Rs.10 per executed order |
| What are Equity Futures charges? | 0.01% or Rs.10 per executed order |
| What are the charges levied on Currency Futures? | Rs.10 per executed order |
| What are the charges levied on Commodity Trading? | Rs.100 |
What are the Account Opening Charges Levied to the clients of Alice Blue Online Sub Broker?
Similar to the brokerage charges, the account opening charges are also very low with this company. Since they are discount brokers, the Alice Blue Online Franchise Charges are all on the very lower side.
Trading and Demat account opening charges are only Rs. 100 and you can get those opened as well instantly without any hassle.
However, they don’t charge anything for the maintenance of the Trading account while there is a charge of Rs. 350 per annum towards the Demat AMC maintenance.
You don’t have a minimum Margin money requirement as well; you can start with a zero deposit. The transaction charges added by this company are also very minor i.e. only 0.00260% of your Total Turnover.
Hence you can proudly say that the Alice Blue Online Sub Broker Charges are the lowest in the industry.
| Alice Blue Online Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Alice Blue Online Franchise to their clients | |
| What are the Account Opening Charges? | Rs.100 |
| What is the Margin Money required? | Zero Margin |
| What is the charge for Demat AMC? | Rs.350 per Annum |
| how much are Trading AMC charges? | Free |
| How much are the Transaction Charges levied? | 0.00260% of Total Turnover |
What are the Customer Ratings of Alice Blue Online Authorised Person Program?
No matter what the company website says or the company officials say, the final word is given by the rating the company receives from its customers. If you check the Alice Blue Online Sub Broker Review, it also says a very story.
The company has received an overall score of 3.3 stars over 5 which means that they have been able to satisfy a good amount of customers. One Revenue sharing model and customer experience, they have got the highest rating i.e. 3.4.
On offers and Mobile Apps & Trading Platforms, they have received a rating of 3.2 over 5, and on Security Deposit, they have received a 3.1 rating.
Hence, if you summarize, the Alice Blue Online Franchise Rating is much better than a lot of other market players.
| Alice Blue Online Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Alice Blue Online | |
| According to Revenue Sharing Model of the Franchisor | 3.4 / 5 |
| Ratings as per Security Deposit provided by the company | 3.1 / 5 |
| As per Experience in the Sub Broker Business | 3.4 / 5 |
| As per Offers provided by the Broking Franchise | 3.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 3.2 / 5 |
| Overall Ratings of the Sub Broker Franchise | 3.3 / 5 |
| Star Ratings | ★★★☆☆ |
Alice Blue Online Business Associate Conclusion
This article would have surely given you enough and many reasons to join Alice Blue Online as a sub broker; however, you can also do detailed research before enrolling with them.
The Alice Blue Online Franchise approach is certainly something that is talked about in the industry. Their fair practices and reduced rates attract a lot of investors as well as Sub Brokers.
Hence becoming an Alice Blue Online Sub Broker would be a good decision if you plan to do so.
Get to know about other Sub Brokers in India
Start your own Business Now! Become a Sub Broker. Fill up the Form
Most Read Articles
