Tradeplus Online Franchise takes 35 days to activate the sub-broker code, which is acceptable. Tradeplus Online Sub Broker Program is decent with its payout time as well which is only 30 days.
Interested traders should be mindful that the initial investment amount is Rs.50,000 and the maximum amount is Rs.100,000.
Therefore clients can pay any of these amounts as deemed fit. Besides that, the traders should be aware that the company is lenient with its revenue sharing as it ranges between 50% – 70%. The founder Mr. Gunasekaran Raghuraman incepted the private discount sub- broking company Tradeplus Online in the year 2012.
| Tradeplus Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.100,000 |
| Revenue Sharing | 50% – 70% |
| Payout Time | 30 Days |
| SB Code Activation Time | 35 Days |
What do you know about Tradeplus Franchise?
| Tradeplus Business Partner Overview | |
| Here is the overview of the Tradeplus Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Discount Broker |
| Where is the Headquarter located? | Chennai |
| Who is the Founder? | Gunasekaran Raghuraman |
| What is the year of establishment? | 2012 |
| How many days does it take for SB Code Activation? | 35 Days |
| How many days/weeks it takes for Payout? | 30 Days |
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What are the various Business Models that Tradeplus Sub Broker Program provides?
| Tradeplus Franchise Business Models | |
| Know about various Business Models of Tradeplus | |
| Is the Sub Broker business model available? | Yes |
| Do they provide Referral Program? | Yes |
| Do they provide Master Franchise Model? | No |
| Does this broker provide Partner / Remisier model? | Yes |
How does Tradeplus Sub Broker Revenue Sharing work?
| Tradeplus 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% – 70% |
| Do they provide revenue sharing or direct pay for Referral Program? | Rs.1,000 worth Gift Coupon |
| How much is the revenue sharing Master Franchise business? | NA |
| How much is the revenue sharing required for Partner / Remisier model? | 15% |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Tradeplus Business Partner Security Deposit requirement?
| Tradeplus Franchise Security Deposit | |
| Check the Tradeplus Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.100,000 |
| Is there any security deposit required for Referral Program? | Zero |
| What is the initial investment required for Master Franchise Model? | NA |
| What is the deposit required for Partner / Remisier Model? | Rs.10,000 – Rs.20,000 |
What are the various Offers rolled out by Tradeplus Authorised Person Program?
| Tradeplus Sub Broker Offers | |
| Here is the list of Tradeplus 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 Tradeplus Business Partners?
| Tradeplus Business Partner Support | |
| Here are the various Support Tradeplus 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 Tradeplus Business Associate?
| Tradeplus Partner Infrastructure Requirement | |
| Find the various Infra required to take up Tradeplus 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 Tradeplus Partners?
| Tradeplus Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Tradeplus Sub Broker to their clients | |
| What are Equity Intraday charges? | Rs.10 |
| How much are Equity Delivery charges? | Rs.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? | Rs.10 |
| What are the charges levied on Currency Futures? | Rs.10 |
| What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of Tradeplus Sub Broker?
| Tradeplus Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Tradeplus Franchise to their clients | |
| What are the Account Opening Charges? | NA |
| What is the Margin Money required? | Zero |
| What is the charge for Demat AMC? | NA |
| how much are Trading AMC charges? | Rs.650 (with GST) |
| How much is the Transaction Charges levied? | 0.00325% of Total Turnover |
What are the Customer Ratings of the Tradeplus Authorised Person Program?
| Tradeplus Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Tradeplus | |
| 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 | ★★★☆☆ |
Tradeplus Business Associate Conclusion
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