Peerless Securities Franchise can be incorporated with Rs. 50000 as it is the minimum investment requirement of the firm for providing franchises to the ones who apply for the same.
The minimum share of the revenue you as a Peerless Securities sub-broker can earn is 50% while the maximum share is 80%. However, for earning the maximum share of the revenue you need to increase the deposit with the firm up to Rs. 2 lakhs.
The public company Peerless Securities is a traditional broker and has all investment services ranging from Demat and Trading to proper research and advisory services. The firm was established by Jitendra Kumar Panda in the year 1995 in Bhubaneshwar Odisha.
The firm takes up to 35 days to make the payments to the sub-brokers every time and also generates the code of the new sub-brokers within 35 days from the approval date of the application.
| Peerless Securities Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 50% –80% |
| Payout Time | 35 Days |
| SB Code Activation Time | 35 Days |
What do you know about Peerless Securities Franchise?
| Peerless Securities Business Partner Overview | |
| Here is the overview of Peerless Securities Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Bhubaneswar, Odisha |
| Who is the Founder? | Jitendra Kumar Panda |
| What is the year of establishment? | 1995 |
| How many days does it take for SB Code Activation? | 35 Days |
| How many days/weeks it takes for Payout? | 35 Days |
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Peerless Securities Sub Broker Program provides?
| Peerless Securities Franchise Business Models | |
| Know about various Business Models of Peerless Securities | |
| 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 Peerless Securities Sub Broker Revenue Sharing work?
| Peerless Securities Sub Broker Revenue Sharing | |
| Find the details of Peerless Securities Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% –80% |
| 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 Peerless Securities Business Partner Security Deposit requirement?
| Peerless Securities Franchise Security Deposit | |
| Check the Peerless Securities Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.200,000 |
| 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 Peerless Securities Authorised Person Program?
| Peerless Securities Sub Broker Offers | |
| Here is the list of Peerless Securities Franchise offers available to the clients | |
| Do they provide Flexible Revenue Sharing offer? | Yes |
| Are they providing Flat Revenue Sharing offer? | Yes |
| 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? | No |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Peerless Securities Business Partner?
| Peerless Securities Business Partner Support | |
| Here are the various Support Peerless Securities Franchise needs to provide to their clients | |
| Do they provide Acquisition Training to their associates? | No |
| 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? | Yes |
| Does the broking house provide Marketing Support to their sub brokers? | No |
Which is the Infrastructure required for Peerless Securities Sub Broker Program?
| Peerless Securities Partner Infrastructure Requirement | |
| Find the various Infra required to take up Peerless Securities Franchise | |
| What is the Employee Strength needed to start this franchise? | Not Mandatory |
| Do the Sub Broker needs to provide Trading Terminals? | Yes |
| Is the Internet Connection mandatory to take up franchise? | No |
| Are Telephone Lines mandatory for Business Partners? | Yes |
| Is it mandatory to provide Research Services by Sub Broker? | Yes |
| 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 brokerage charges levied on the Clients of Peerless Securities Partners?
| Peerless Securities Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Peerless Securities Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.05% |
| How much are Equity Delivery charges? | 0.51% |
| How much is the charge levied on Equity Options? | Rs.51 per Lot |
| How much are the Currency Options charges? | Rs.31 per Lot |
| What are Equity Futures charges? | 0.05% |
| What are the charges levied on Currency Futures? | 0.05% |
| What are the charges levied on Commodity Trading? | 0.05% |
What are the Account Opening Charges Levied to the clients of Peerless Securities Sub Broker?
| Peerless Securities Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Peerless Securities Franchise to their clients | |
| What are the Account Opening Charges? | Rs.510 |
| What is the Margin Money required? | Minimum Rs.10,100 |
| What is the charge for Demat AMC? | Free |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00% |
What are the Customer Ratings of the Peerless Securities Authorised Person Program?
| Peerless Securities Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Peerless Securities | |
| According to Revenue Sharing Model of the Franchisor | 2.3 / 5 |
| Ratings as per Security Deposit provided by the company | 2.5 / 5 |
| As per Experience in the Sub Broker Business | 2.2 / 5 |
| As per Offers provided by the Broking Franchise | 2.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.3 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
| Star Ratings | ★★★☆☆ |
Peerless Securities Franchise Conclusion
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
