Veracity Finance company is the pioneer of the stocking trading market. Veracity Finance Franchise can be yours if you have an initial investment amount of around Rs.50,000 to Rs.250,000. 60 percent to 80 percent is the revenue share you will get as the Veracity Finance Sub Broker.
This Ahmedabad, Gujarat-based stock trading company is founded by Pramit Bharatkumar Brahmbhatt in 2012. The broking house takes 3 weeks to 4 weeks for SB code validation and has a payout period of 28 days which is reasonable. It is a company that has a good growth record.
| Veracity Finance Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.250,000 |
| Revenue Sharing | 60% – 80% |
| Payout Time | 3-4 Weeks |
| SB Code Activation Time | 28 Days |
What do you know about Veracity Finance Franchise?
| Veracity Finance Business Partner Overview | |
| Here is the overview of Veracity Finance Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Ahmedabad, Gujarat |
| Who is the Founder? | Pramit Bharatkumar Brahmbhatt |
| What is the year of establishment? | 2012 |
| How many days does it take for SB Code Activation? | 28 Days |
| How many days/weeks it takes for Payout? | 3-4 Weeks |
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What are the various Business Models that Veracity Finance Sub Broker Program provides?
| Veracity Finance Franchise Business Models | |
| Know about various Business Models of Veracity Finance | |
| 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? | No |
How does Veracity Finance Sub Broker Revenue Sharing work?
| Veracity Finance Sub Broker Revenue Sharing | |
| Find the details of Veracity Finance Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 60% – 80% |
| Do they provide revenue sharing or direct pay for Referral Program? | 10% |
| 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 Veracity Finance Business Partner Security Deposit requirement?
| Veracity Finance Franchise Security Deposit | |
| Check the Veracity Finance Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.250,000 |
| 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? | NA |
What are the various Offers rolled out by Veracity Finance Authorised Person Program?
| Veracity Finance Sub Broker Offers | |
| Here is the list of Veracity Finance 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? | Yes |
| 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 Veracity Finance Business Partner?
| Veracity Finance Business Partner Support | |
| Here are the various Support Veracity Finance 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? | No |
| Do they provide Back-Office Support for their authorised person? | Yes |
| Are they providing Trading Support to their business partners? | No |
| 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 Veracity Finance Sub Broker Program?
| Veracity Finance Partner Infrastructure Requirement | |
| Find the various Infra required to take up Veracity Finance Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 1 |
| 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? | No |
| 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 120 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Veracity Finance Partners?
| Veracity Finance Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Veracity Finance Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.04% |
| How much are Equity Delivery charges? | 0.35% |
| How much is the charge levied on Equity Options? | Rs.35 per Lot |
| How much are the Currency Options charges? | Rs.35 per Lot |
| What are Equity Futures charges? | 0.04% |
| What are the charges levied on Currency Futures? | 0.04% |
| What are the charges levied on Commodity Trading? | 0.04% |
What are the Account Opening Charges Levied to the clients of Veracity Finance Sub Broker?
| Veracity Finance Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Veracity Finance 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.350 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00% |
What are the Customer Ratings of Veracity Finance Authorised Person Program?
| Veracity Finance Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Veracity Finance | |
| According to Revenue Sharing Model of the Franchisor | 2.5 / 5 |
| Ratings as per Security Deposit provided by the company | 2.2 / 5 |
| As per Experience in the Sub Broker Business | 2.4 / 5 |
| As per Offers provided by the Broking Franchise | 2.4 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.2 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.4 / 5 |
| Star Ratings | ★★★☆☆ |
Veracity Finance Franchise Conclusion
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