Wisdom Capital Franchise is a contemporary broking house in the stock industry and has got a considerable number of achievements to its name. All the details about a Wisdom Capital Sub Broker can be found below in this article.
All the information about Wisdom Capital, including its business models, revenue-sharing schemes, deposits, offers, benefits, infrastructural requirements, eligibility criteria, and customer ratings has been provided below.
Wisdom Capital Sub Broker Highlight | |
Top Business Model | Remisier |
Initial Investment Required | Zero |
Revenue Sharing | 25% |
Payout Time | 27 Days |
SB Code Activation Time | 33 Days |
What do you know about Wisdom Capital Franchise?
Wisdom Capital Franchise is a privately-owned broking house headquartered in Noida, Uttar Pradesh. It comes under the category of Discount Broker.
Mr. Ankit Garg founded the company in 2013. A Wisdom Capital Sub Broker can activate his SB Code in about 33 days and the payout time offered by the broking house is nearly 27 days.
Wisdom Capital Business Partner Overview | |
Here is the overview of Wisdom Capital Franchise | |
What type of Company is it? – Public / Private | Private |
What is the Broker type? | Discount Broker |
Where is the Headquarter located? | Noida, UP |
Who is the Founder? | Ankit Garg |
What is the year of establishment? | 2013 |
How many days does it take for SB Code Activation? | 33 Days |
How many days/weeks it takes for Payout? | 27 Days |
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What are the various Business Models that Wisdom Capital Sub Broker Program provides?
A Wisdom Capital Franchise has to follow the two business models offered by the company. These models are Referral Program and Remisier. Sub Broker model and Master Franchise are not provided to a Wisdom Capital Sub Broker.
- Remisier / Partner Program
- Referral Program
Wisdom Capital Partner Program / Remisier
Being a Wisdom Capital Partner is very easy. You just connect with them & start sharing hot leads that will convert into their clients. For each client, wisdom capital will pay a certain percentage of brokerage to you.
Wisdom Capital Referral Program
Wisdom Capital Referral Program attracts all clients & also their employees to bring in more clients for the company. In this scenario, the company doesn’t share brokerage but they provide a flat amount for each referral.
Wisdom Capital Franchise Business Models | |
Know about various Business Models of Wisdom Capital | |
Is the Sub Broker business model available? | No |
Do they provide Referral Program? | Yes |
Do they provide Master Franchise Model? | No |
Does this broker provide Partner / Remisier model? | Yes |
How does Wisdom Capital Sub Broker Revenue Sharing work?
Wisdom Capital Sub Broker Commission’s sharing policy is very decent, as shown by the above table. The partners are offered a gift coupon of the value of Rs.1000 in the Referral Program by the broking house.
In the Remisier model, 25% of the total revenue is shared with the business partners. Wisdom Capital Franchise Revenue Sharing does not include Sub Broker and Master Franchise commission sharing programs.
Wisdom Capital 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? | NA |
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? | 25% |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Wisdom Capital Business Partner Security Deposit requirement?
A Wisdom Capital Sub Broker Investment is zero for both the business models offered by the broking house.
To start a business with Wisdom Capital, the business partners will have to not invest in both the Referral Program and Remiser models.
Wisdom Capital Franchise Cost does not acknowledge the Sub Broker model and the master Franchise model.
Wisdom Capital Franchise Security Deposit | |
Check the Wisdom Capital Franchise cost requirement for each business model | |
How much is security deposit required for Sub Broker Program? | NA |
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? | Zero |
What are the various Offers rolled out by Wisdom Capital Authorised Person Program?
Wisdom Capital Sub Broker Offers include Flexible Revenue Sharing with the partners. There is also an option for 10,000 Initial Deposits for sub-brokers to start their business with the company.
Wisdom Capital Franchise Offers are exclusive of other offers like Flat Revenue Sharing, Zero Revenue Sharing with Prepaid, and Zero Deposit.
Wisdom Capital Sub Broker Offers | |
Here is the list of Wisdom Capital 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 Wisdom Capital Business Partner?
The company has been providing significant support to all its business partners. Wisdom Capital Franchise Support includes training for Acquisition, dealing with clients, and all the products offered by the company.
There are also provisions for back-office support and trading support. Advisory support and marketing support are not included in the Wisdom Capital Partner Support module.
Wisdom Capital Business Partner Support | |
Here are the various Support Wisdom Capital 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 Wisdom Capital Business Associate?
All the sub-brokers and franchisees have to abide by specific infrastructural requirements to be acknowledged as a business partners of any broking house.
Similarly, there are particular rules included in the Wisdom Capital Partner Requirement list.
These are to be sincerely followed to get the trading license from the company.
- The franchisees must maintain a trading terminal
- A stable internet and telephone connection is a must
- There is no need for Research services
- Wisdom Capital Sub Broker Infra Requirement does not include the rules of minimum employee strength and office area
Wisdom Capital Partner Infrastructure Requirement | |
Find the various Infra required to take up Wisdom Capital Franchise | |
What is the Employee Strength needed to start this franchise? | NA |
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? | NA |
Find out the basic requirements of other Stock Broking Franchise
What are the Eligibility Criteria to Become Wisdom Capital Partner?
Any sub-broker needs to meet specific eligibility criteria to be recognized as a business partner. Therefore some Wisdom Capital Sub Broker Eligibility criteria are simple but should be followed mandatorily.
- The sub-broker should have attained the age of 18
- He or she should hold a graduate degree
- Registration with SEBI is a must according to the Wisdom Capital Franchise Eligibility criteria
- The sub-broker must not have any criminal record
What are the brokerage charges levied on the Clients of Wisdom Capital Partners?
The table of charges displays the Wisdom Capital Partner Charges vividly. It shows that the clients are charged 0.007% for Equity Intraday and 0.01% for Equity Delivery.
The brokerage charge for Equity Options is Rs. 15 for a lot and the same goes for Currency Options. A Wisdom Capital Authorized Person Charges 0.005% for Equity Futures, Currency Futures, and Commodity.
Wisdom Capital Business Associate – Brokerage Charges to Clients | |
Here are the brokerage charges levied by Wisdom Capital Sub Broker to their clients | |
What are Equity Intraday charges? | 0.007% |
How much are Equity Delivery charges? | 0.01% |
How much is the charge levied on Equity Options? | Rs.15 per lot |
How much are the Currency Options charges? | Rs.15 per lot |
What are Equity Futures charges? | 0.005% |
What are the charges levied on Currency Futures? | 0.005% |
What are the charges levied on Commodity Trading? | 0.005% |
What are the Account Opening Charges Levied to the clients of Wisdom Capital Sub Broker?
According to the Wisdom Capital Franchise Charges, a client has to pay Rs. 999 for opening an account with the franchise. No margin money needs to be maintained by the clients.
A Wisdom Capital Sub Broker Charges nothing for the AMC of the Demat or Trading accounts of the clients. The transaction charges are 0.00297% of the Total Turnover.
Wisdom Capital Business Associate – Account Opening Charges to Clients | |
Here are the account opening charges levied by Wisdom Capital Franchise to their clients | |
What are the Account Opening Charges? | Rs.999 |
What is the Margin Money required? | Zero Margin |
What is the charge for Demat AMC? | Free |
how much are Trading AMC charges? | Free |
How much is the Transaction Charges levied? | 0.00297% of Total Turnover |
What are the Customer Ratings of Wisdom Capital Authorised Person Program?
The table below shows the Wisdom Capital Franchise Ratings are above average, which indicates that the clients are satisfied with their services.
The Revenue Sharing Model and the Offers have earned an excellent 3.2 out of 5 points from the customers. Their security deposit schemes have attracted 3.1 points.
The experience of the customers in the franchises and the mobile apps and trading platforms operated by them has fetched the highest points of 3.5.
According to the Wisdom Capital Sub Broker Review, the overall rating of the company from the customers is 3.3 points with 3 Stars.
Wisdom Capital Franchise Customer Ratings | |
Find Client Ratings & Reviews against multiple parameters for Wisdom Capital | |
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 | 3.3 / 5 |
Star Ratings | ★★★☆☆ |
Wisdom Capital Business Associate Conclusion
After going through the whole article, it is well understood that the company provides all types of facilities to the sub-brokers and the franchisees.
A Wisdom Capital Sub Broker is given proper training on how he or she can deal with clients effectively and trade efficiently.
The company shares the right amount of revenue with all the Wisdom Capital Franchise holders.
Therefore if you are planning to become a sub-broker or want to start a franchise, then you can surely consider Wisdom Capital as the best option.
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