KIFS Trade Capital Franchise is a Mumbai-based financial advisory company. They’ve been successfully running their business for over a decade. The company provides its expertise across many financial domains. And, to satisfy clients is their highest priority.
However, today we’ll be talking about their abilities as a franchiser. We’ll lay down a proper review of all of the offerings of the KIFS Trade Sub Broker Program. We’ll even tell you how to become KIFS Trade Business Partner.
KIFS Trade Sub Broker Highlight | |
Top Business Model | Sub Broker |
Initial Investment Required | Rs.50,000 – Rs.200,000 |
Revenue Sharing | 60% – 75% |
Payout Time | 40 Days |
SB Code Activation Time | 30 Days |
What do you know about KIFS Trade Franchise?
KIFS Trade Franchise was established in the year 1995. They were set up to be a full-service brokerage house at first.
However, they went up to become a great financial franchiser in some time. At present, they serve over 10,000 customers across the nation.
And, they do so with the help of KIFS Trade Sub Brokers. They have a base of operations in Mumbai, and Maharashtra. And, the credit for their success goes to their founder Jayesh Khandwala.
They typically take 30 days to activate a new sub-broker’s code. And, as far as the payout is concerned, they require a time of 40 days.
KIFS Trade Business Partner Overview | |
Here is the overview of KIFS Trade Franchise | |
What type of Company is it? – Public / Private | Private |
What is the Broker type? | Full Service Broker |
Where is the Headquarter located? | Mumbai, Maharashtra |
Who is the Founder? | Jayesh Khandwala |
What is the year of the establishment? | 1995 |
How many days does it take for SB Code Activation? | 30 Days |
How many days/weeks it takes for Payout? | 40 Days |
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What are the various Business Models that KIFS Trade Sub Broker Program provides?
KIFS Trade Franchise’s been in the financial franchise industry for over a decade. And this has granted them certain liberty. Don’t be confused, we’re talking about the way they conduct business.
They are rather strict when it comes to business models. And, they provide their business partners with merely one option. We’re referring to the Sub Broker program.
- Sub Broker / Authorised Person
Kifs Trade Sub Broker / Authorised Person
KIFS Trade Sub Brokers are treated equally. They’re not granted the power for business dominance over certain areas. However, they’re allowed to grant their clients extra facilities.
These facilities can discretely be provided at their own will. And, these help in retaining the clients with ease.
KIFS Trade Franchise Business Models | |
Know about various Business Models of KIFS Trade | |
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 KIFS Trade Sub Broker Revenue Sharing work?
KIFS Trade Revenue Sharing Model has been designed for complete transparency. In fact, it’s been designed to benefit its business partners immensely. Almost 60-75% of the revenue is given as KIFS Trade Sub Broker Commission.
This means that the franchiser only keeps 25-40% of the revenue. The overall difference of 15% occurs due to arrangements between the franchiser and business partners.
KIFS Trade Sub Broker Revenue Sharing | |
Find the details of KIFS Trade Sub Broker Commission for all Business Models | |
What is the revenue sharing for Sub Broker program? | 60% – 75% |
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 KIFS Trade Business Partner Security Deposit requirement?
KIFS Trade Sub Brokers Investments include a lot of things. We are referring to the initial set of investments required to be made. This includes the business partners paying a security deposit of Rs. 50,000-2,00,000.
The security deposit is made at the time of registration. This is only the KIFS Trade Franchise Cost. However, it’s not the only investment required to be made. We’re referring to the investments needed for infrastructure developments.
The investments even include payments required to be made for the acquisition of certain certifications.
KIFS Trade Franchise Security Deposit | |
Check the KIFS Trade Franchise cost requirement for each business model | |
How much is the 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 the Partner / Remisier Model? | NA |
What are the various Offers rolled out by KIFS Trade Authorised Person Program?
KIFS Trade Franchise Offers include certain benefits to the sub-brokers. We’re referring to the flexible revenue-sharing model. This is the only offer that the franchiser grants to their business partners.
They do not grant their clients any offers related to the following: –
- Flat Revenue Sharing
- Zero Revenue Sharing With Prepaid
- Zero Deposit
- 10k Initial Deposit
KIFS Trade Sub Broker Offers | |
Here is the list of KIFS Trade Franchise offers available to the clients | |
Do they provide a Flexible Revenue Sharing offer? | Yes |
Are they providing Flat Revenue Sharing offers? | No |
Do they offer the Zero Revenue Sharing model with Prepaid payment? | No |
Do they provide the Zero Deposit scheme? | No |
Are they offering a 10k Initial Deposit scheme? | No |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to KIFS Trade Business Partner?
KIFS Trade Franchise Support includes many benevolent programs for business partners. And, these programs help the business partners to grow their respective businesses.
So, the list of all these programs includes Back-Office Support, Trading Support, Advisory Support, and Marketing Support. The franchiser, however, does not grant acquisition, dealing, or product training.
KIFS Trade Business Partner Support | |
Here are the various Support KIFS Trade 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? | No |
Are they providing Product Training for their business partners? | No |
Do they provide Back-Office Support for their authorized 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? | Yes |
Which is the Infrastructure required for KIFS Trade Sub Broker Program?
There are certain infrastructure requirements KIFS Trade Sub Brokers must meet. And, we’re referring to solid business infrastructure. Therefore, the KIFS Trade Sub Broker infra requirement unfolds like this: –
- At least one employee. The employee must be proficient enough to look after the daily office chores.
- An office space with a minimum of 100 sq. ft. carpet area.
- Properly established trading terminal. These terminals must be built and designed as per industry standards.
- An active internet connection. It must be strong enough to cope with regular online trades. And, it must be stable enough to support multiple trades at one time. The internet connection must even be reliable for regular communication purposes.
KIFS Trade Partner Infrastructure Requirement | |
Find the various Infra required to take up KIFS Trade 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 a franchise? | Yes |
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 the 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 eligibility criteria to become KIFS Trade Partner?
You most certainly know about the security deposit needed to be deposited. You even know about certain business infrastructures that are mandatory to have. But, take it seriously when we say that they’re not enough.
What we’re trying to say is that you must abide by certain criteria. And, these criteria form the fundamentals of your sub-broker business. So, the KIFS Trade Sub Broker eligibility criteria include the underneath: –
- Any applicant must at least be of 21 years. Proper documents verifying the applicant’s age must be provided at the time of registration.
- The applicant must possess a verifiable certificate from SEBI.
- The applicant must have a professional experience of a minimum of 2 years. The experience must have been gained at brokerage services and dealing activities.
- The applicant must produce valid educative background proof. A minimum of an intermediate degree is required by the franchiser. However, they prefer people with a degree of graduation.
What are the brokerage charges levied on the Clients of KIFS Trade Partners?
KIFS Trade Partners are required to charge a certain fee for their services. These charges are to be levied from their respective clients. Do, understand that these charges are fixed and cannot be altered.
So, here’s the complete list of all the KIFS Trade Partner charges: –
- The clients must be levied with a 0.01-0.03% charge for Equity Intraday deals.
- Clients must be levied with a 0.1-0.3% charge for Equity Delivery trades.
- The clients must be charged Rs.20-Rs.30 for Equity Options trade.
- Clients must be charged Rs.20-Rs.30 for Currency Options trades.
- The clients must be charged 0.01-0.03% for Equity Futures trades.
- Clients must be charged 0.0.1-0.03% for Currency Futures trades.
- The clients must be charged 0.01-0.03% for Commodity Trades.
KIFS Trade Sub Broker – Brokerage Charges to Clients | |
Here are the brokerage charges levied by KIFS Trade Sub Broker to their clients | |
What are Equity Intraday charges? | 0.01% – 0.03% |
How much are Equity Delivery charges? | 0.1% – 0.3% |
How much is the charge levied on Equity Options? | Rs.20 – Rs.30 per lot |
How much are the Currency Options charges? | Rs.20 – Rs.30 per lot |
What are Equity Futures charges? | 0.01% – 0.03% |
What are the charges levied on Currency Futures? | 0.01% – 0.03% |
What are the charges levied on Commodity Trading? | 0.01% – 0.03% |
What are the Account Opening Charges Levied to the clients of KIFS Trade Sub Broker?
KIFS Trade Sub Brokers must charge their clients as per the franchiser’s modules. And, these modules are even applicable for account opening purposes.
So, here’s the complete list of mandatory KIFS Trade Sub Broker charges: –
- The clients must be asked to maintain a certain margin money balance. The usual preference is Rs. 25,000 – Rs. 1,00,000.
- The clients can be charged Rs. 300 for Demat AMC. Sub Brokers can, however, decide not to charge anything either.
- The clients must be charged at 0.00325% for transaction charges.
KIFS Trade Franchise – Account Opening Charges to Clients | |
Here are the account opening charges levied by KIFS Trade Franchise to their clients | |
What are the Account Opening Charges? | Zero |
What is the Margin Money required? | Rs.25000 – Rs.100,000 plus |
What is the charge for Demat AMC? | Free or Rs.300 |
how much are Trading AMC charges? | Free |
How much is the Transaction Charges levied? | 0.00325% |
What are the Customer Ratings of the KIFS Trade Authorised Person Program?
We’ve given a chart above to show the exact KIFS Trade franchise ratings. The chart rates the franchiser on a scale of 5 stars. So, here’s the complete elaboration of the chart: –
- The revenue-sharing model is rated at 2.4 out of 5.
- The security deposit requirement is rated at 2.6 out of 5.
- Experience is rated at 2.7 out of 5.
- Offers are rated at 2.5 out of 5.
- Mobile apps & trading platforms are rated at 2.6 out of 5.
- Thus, you can say that their overall rating is 2.6 out of 5.
KIFS Trade Franchise Customer Ratings | |
Find Client Ratings & Reviews against multiple parameters for KIFS Trade | |
According to Revenue Sharing Model of the Franchiser | 2.4 / 5 |
Ratings as per Security Deposit provided by the company | 2.6 / 5 |
As per Experience in the Sub Broker Business | 2.7 / 5 |
As per Offers provided by the Broking Franchise | 2.5 / 5 |
Ratings as per Mobile Trading App & Trading Platforms | 2.6 / 5 |
Overall Ratings of the Sub Broker Franchise | 2.6 / 5 |
Star Ratings | ★★★☆☆ |
KIFS Trade Franchise Conclusion
We’d like to conclude this article by saying that we certainly believe in KIFS Trade Franchise. We think that they’ve got all the required aspects to be a good financial franchiser.
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