5Paisa Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

5Paisa Franchise is one of the most popular discount brokerage house franchise that has become popular in the last decade.

Their innovative ideas for investments, products and services and most importantly the technology they use for trading is bringing in the clients and the daily traders to them.

The 5Paisa Partner position can be one of the most lucrative business opportunity for you if you can bring in interested clients to the company for investments.

The article below will discuss about 5Paisa Sub Broker Program and its different business models, and revenue structure for each of those business models and eligibility criteria, security deposit requirements and any other aspect of the firm.

5Paisa Sub Broker Highlight
Top Business Model Partner Program
Initial Investment Required Rs.10,000
Revenue Sharing 10% – 30%
Payout Time 31 Days
SB Code Activation Time 14 Days

5Paisa Franchise SubBroker


What do you know about 5Paisa Franchise?

5Paisa started in the year 2007 as a discount broker in the city of Mumbai based out of Thane. The public limited firm is a brainchild of Prakash Gagdani who founded this firm and started rolling out 5Paisa Franchise.

The firm is famous amongst the discount brokers in the country. It has various offers for its partners and the 5Paisa Sub Broker. The payments are made to the partners within every 31 days which is the average time period for pay-out in the industry.

5Paisa Business Partner Overview
Here is the overview of 5Paisa Franchise
What type of Company is it? – Public / Private Public
What is the Broker type? Discount Broker
Where is the Headquarter located? Thane
Who is the Founder? Prakarsh Gagdani
What is the year of establishment? 2007
How many days it takes for SB Code Activation? 14 Days
How many days/weeks it takes for Payout? 31 Days

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What are the various Business Models does 5Paisa Sub Broker Program provides?

5Paisa Franchise has two distinctive business model which are –

  • Partner Program / Remisier
  • Referral Program

5Paisa Partner Program / Remisier

This is the Authorised Person business model or the Partner of 5Paisa stockbroker model where the Remisier or commonly known as agents refer clients to the firm after pitching about the company to the prospective clients.

if the company can generate revenue from the client brought in by the Remisier, then the Remisier earns a certain percentage of the revenue so generated.

The Remisier needs to keep a certain amount with the firm as a security deposit to begin the work which is nominal and way lesser than the investment required in other business models like Master franchise or sub-broker model.

The job of the Remisier is to get new clients by networking and pitching them about the company. Though they are not required to make any kind of sale directly and the sales are made by the company itself when the Remisier refer the client to the firm.

5Paisa Referral Program

This is another business model that is opted by the stockbroker. You can be a referee by being a client of 5Paisa. You can refer anyone from your friends, colleagues, family or anyone who is interested in making investments and trade and looking for a broker.

When you refer to a client, you will be entitled to earn a percentage of the revenue generated from that client. There is a nominal investment involved in becoming a Referee of 5Paisa.  

5Paisa Franchise Business Models
Know about various Business Models of 5Paisa
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 5Paisa Sub Broker Revenue Sharing works?

5Paisa Partner Commission starts from 10% of the revenue they generate. So, the Remisier gets 10% of the revenue generated from the clients they refer as the minimum.

The maximum they can earn is up to 30% of the revenue. This revenue share is on par with the market through the minimum share can be increased a bit.

The referral program candidates get 10% flat from each of the clients if those clients purchase any services or products of the firm.

5Paisa Sub Broker Revenue Sharing
Find the details of Arch Fianance 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? 10%
How much is the revenue sharing Master Franchise business? NA
How much is the revenue sharing required for Partner / Remisier model? 10% – 30%

 


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What is the 5Paisa Business Partner Security Deposit requirement?

5Paisa Partner Investment is nominal and the Remisier are only required to invest Rs. 10000 for starting their business. They do not require much of infrastructure as well. The amount is nominal and at par with the market as well.

The Referee needs to deposit only Rs. 200 for being a part of the referral program. However, there is hardly any other stockbroker who charges the referral program candidates, but the amount is too nominal to be bothered about.

5Paisa Franchise Security Deposit
Check the 5Paisa 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? Rs.200
What is the initial investment required for Master Franchise Model? NA
What is the deposit required for Partner / Remisier Model? Rs.10,000

What are the various Offers rolled out by 5Paisa Authorised Person Program?

The 5Paisa Partner Offers includes –

  • Flexible revenue sharing – This is an open offer for the extremely well-performing business partners who bring huge amount of business to the firm. They get little more than the usual revenue and thus for them the ratios are flexible.
  • Initial Deposit: The partners can enroll just by depositing Rs. 10 thousand only at the beginning.
5Paisa Sub Broker Offers
Here are the list of 5Paisa 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

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What are the various Supports provided to 5Paisa Business Partner?

Since 5Paisa is a discount broker, the 5Paisa Franchise Support is limited. There is not any kind of support that is extended to the partners. However, the partners get back-office support from the firm always.

5Paisa Business Partner Support
Here are the various Support 5Paisa Franchise needs to provide to thir 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 authorised person? Yes
Are they providing Trading Support to their business partners? No
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 5Paisa Sub Broker Program?

5Paisa Partner Requirement for infrastructure is very nominal or we can say that there is hardly any requirement which is mandated by the firm except for the trading terminals.

The trading terminals are required to be there with the 5Paisa partners so that they can trade on behalf of their clients and help them out.

5Paisa Partner Infrastructure Requirement
Find the various Infra required to take up 5Paisa Franchise
What is the Employee Strength needed to start this franchise? Not Required
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 is mandatory to provide Research Services by Sub Broker? No
How much is the size of Office Area required to become a Sub Broker? Not Required

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What are the Eligibility Criteria to become 5Paisa Partner?

5Paisa Franchise Eligibility for the business partners are –

  • The education of the partners needs to be more than equal to 10+2. You must have done 10+2 from a recognized school in the country.
  • You must possess the required financial market and product knowledge. The partners of the firm required to be well aware of the economic conditions, stock market environment, and business environment to pitch in the right manner to the clients.
  • Experience is everything in this industry. So, when you think you want to join 5Paisa as a partner, you need to evaluate your experience. You must have spent a few years in this industry as a broker/sub-broker/agent/AP/investor/trader.
  • NISM certificates for the dealers or Authorised Person are mandatory, so, you need to get the certification program done and clear the exam in order to get the certificate.
  • The documents you would require are –
    • AADHAAR Card
    • PAN Card
    • Voter ID
    • Address Proof
    • Proof of previous experience
    • Educational Details and Certificates
    • NISM and SEBI certificates
    • GST registration Certificates

What is the brokerage charges levied to the Clients of 5Paisa Partners?

5Paisa Partner Charges a flat brokerage from the clients as per the rates of the 5Paisa firm itself. The firm has kept a flat Rs. 10 per transaction brokerage charge.

For the options category as you can see, the charges are Rs. 10 per lot which is also extremely nominal. The overall brokerage charges are too nominal and this is expected from them as they are a discount broker.

5Paisa Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by 5Paisa 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 is the Account Opening Charges Levied to the clients of 5Paisa Sub Broker?

5Paisa Franchise Charges for account opening is Rs. 650 with no maintenance charges for the trading account. The account opening charges are little high as you can compare with other peers of the firm.

The discount broker charges no margin money which is an added benefit for the clients and thus in turn for you as a partner of the firm to pitch over this benefit to the client. The Demat annual maintenance charges are there though and that is Rs. 400 per year.

Here, the transaction charges are also Rs. 10 per order which is a flat fee and comparatively lesser than other firms.

5Paisa Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by 5Paisa Franchise to their clients
What are the Account Opening Charges? Rs.650
What is the Margin Money required? Zero
What is the charge for Demat AMC? Rs.400 per Annum
how much are Trading AMC charges? Free
How much is the Transaction Charges levied? Flat fee of Rs.10 per order

What is the Customer Ratings of 5Paisa Authorised Person Program?

5Paisa Partner Review suggests that they are highly satisfied with the security deposit but not that much satisfied with the revenue share they get.

They are also overwhelmed with the offers they get from time to time as the 4 out of 5 ratings suggest but again client and their experience with the firm is not that god as 1.5 rating suggest.

The overall rating of 2.7 suggest that they need to work on different aspect of their firm to make it a fair game for all.

5Paisa Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for 5Paisa
According to Revenue Sharing Model of the Franchisor 2.0 / 5
Ratings as per Security Deposit provided by the company 4.5 / 5
As per Experience in the Sub Broker Business 1.5 / 5
As per Offers provided by the Broking Franchise 4.0 / 5
Ratings as per Mobile Trading App & Trading Platforms 3.3 / 5
Overll Ratings of the Sub Broker Franchise 2.7 / 5
Star Ratings ★★★☆☆

5Paisa Franchise Conclusion

Being a 5Paisa Partner, you can start your business with a very low amount of capital and there is a need for infrastructure as much as office or employees.

So, your investment is nominal and you get an average share of revenue as per the market which is good for the beginning.


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