Sykes & Ray Franchise is quite liberal with its payout time, which is 28 days. On the other hand, Sykes & Ray Sub Broker Program somehow takes too long to activate the sub broke code, which is for 40 days.
Other than that, the traders should note that the company charges Rs.50,000 as the minimum investment amount. But the maximum amount for the investment is Rs.100,00.
However, the traders should love to hear that the company offers a great revenue-sharing opportunity, which ranges from 50% to 70%. The company Sykes & Ray, established itself as a public broking company in the year 1994, with the assistance of the experienced founder Mr. Yogesh Rajaram Gupta.
| Sykes & Ray Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.1 Lakh |
| Revenue Sharing | 50% to 70% |
| Payout Time | 28 Days |
| SB Code Activation Time | 40 Days |
What do you know about Sykes & Ray Franchise?
| Sykes & Ray Business Partner Overview | |
| Here is the overview of the Sykes & Ray Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Mumbai, India |
| Who is the Founder? | Yogesh Rajaram Gupta |
| What is the year of establishment? | 1994 |
| How many days does it take for SB Code Activation? | 40 Days |
| How many days/weeks it takes for Payout? | 28 Days |
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What are the various Business Models that Sykes & Ray Sub Broker Program provide?
| Sykes & Ray Franchise Business Models | |
| Know about various Business Models of Sykes & Ray | |
| 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 Sykes & Ray Sub Broker Revenue Sharing work?
| Sykes & Ray 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% to 70% |
| 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 |
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What is the Sykes & Ray Business Partner Security Deposit requirement?
| Sykes & Ray Franchise Security Deposit | |
| Check the Sykes & Ray Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.1 Lakh |
| 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 Sykes & Ray Authorised Person Program?
| Sykes & Ray Sub Broker Offers | |
| Here is the list of Sykes & Ray 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 Sykes & Ray Business Partners?
| Sykes & Ray Business Partner Support | |
| Here are the various Support Sykes & Ray 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 Sykes & Ray Business Associate?
| Sykes & Ray Partner Infrastructure Requirement | |
| Find the various Infra required to take up Sykes & Ray Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 3 |
| 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 200 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Sykes & Ray Partners?
| Sykes & Ray Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Sykes & Ray Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.010% |
| How much are Equity Delivery charges? | 0.10% |
| How much is the charge levied on Equity Options? | Rs.10 per Lot |
| How much are the Currency Options charges? | Rs.10 per Lot |
| What are Equity Futures charges? | 0.010% |
| What are the charges levied on Currency Futures? | 0.010% |
| What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of Sykes & Ray Sub Broker?
| Sykes & Ray Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Sykes & Ray Franchise to their clients | |
| What are the Account Opening Charges? | Zero |
| What is the Margin Money required? | Minimum Rs.5,000 |
| What is the charge for Demat AMC? | Rs.300 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00285% of Total Turnover |
What are the Customer Ratings of the Sykes & Ray Authorised Person Program?
| Sykes & Ray Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Sykes & Ray | |
| According to Revenue Sharing Model of the Franchisor | 3.2 / 5 |
| Ratings as per Security Deposit provided by the company | 3.1 / 5 |
| As per Experience in the Sub Broker Business | 3.5 / 5 |
| As per Offers provided by the Broking Franchise | 3.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 3.5 / 5 |
| Overall Ratings of the Sub Broker Franchise | 3.2 / 5 |
| Star Ratings | ★★★☆☆ |
Sykes & Ray Business Associate Conclusion
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