Angel Broking Sub Broker has been in the business for a long time and has built a strong position for them.
You will get to learn about the Angel Broking Franchise policies in details from this article. This will help you make the right decision if you are planning to indulge in the broking industry.
This article will provide you every minute details about the company including its business models, revenue schemes, deposit offers, infrastructural requirements, brokerage charges, and customer ratings.
| Angel Broking Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.150,000 |
| Revenue Sharing | 50% – 70% |
| Payout Time | 15 Days |
| SB Code Activation Time | 7 Days |
What do you know about Angel Broking Franchise?
Angel Broking Franchise is a privately-owned company with headquarter in Mumbai, Maharashtra. It is one of the popular broking houses of the nation since its inception in 1987. The company was established by Mr. Dinesh Thakkar and works as a full-service broker house.
Angel Broking Sub Broker can get his SB Code activated in just 7 days which is very less in comparison to most other broking houses. The payout time of the company is nearly 15 days.
| Angel Broking Business Partner Overview | |
| Here is the overview of Angel Broking Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Mumbai, India |
| Who is the Founder? | Dinesh Thakkar |
| What is the year of establishment? | 1987 |
| How many days does it take for SB Code Activation? | 7 Days |
| How many days/weeks it takes for Payout? | 15 Days |
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What are the various Business Models that Angel Broking Sub Broker Program provides?
An Angel Broking Sub Broker is offered all the 4 business models by the company. These models are namely Sub Broker, Referral Program, Master Franchise, and Remisier.
All the models have their own merits and differ from the other to some extent. The Angel Broking Franchise can go with its convenient business model.
- Sub Broker / Authorised Person
- Master Franchise
- Remisier
- Referral Program
Angel Broking Sub Broker / Master Franchise / Remisier / Referral Program
In case of Angel broking Sub Broker business model the company gives its franchise to the partner.
However, the Angel Broking Master Franchise model is relatable to the previous but the only difference is that all the master franchise acts as an owner.
In case of Angel Broking Remiser there is neither broker nor a master franchise. It provides hot leads from the house of Angel brooking remiser.
While in Angel Broking Referral Program, they offer multiple vouchers or referral amount for each referral & don’t require any investment aswell.
| Angel Broking Franchise Business Models | |
| Know about various Business Models of Angel Broking | |
| Is the Sub Broker business model available? | Yes |
| Do they provide Referral Program? | Yes |
| Do they provide Master Franchise Model? | Yes |
| Does this broker provide Partner / Remisier model? | Yes |
How does Angel Broking Sub Broker Revenue Sharing work?
The contents of the table above indicate that according to the Angel Broking Franchise Revenue Sharing policy, the sub-brokers are offered 50% to 70% of the revenue.
In the Referral Program, the company gives free vouchers. The Master Franchise model shares a huge commission between 70% and 80%. Lastly, the Angel Broking Sub Broker Commission for Remisier model is 30%.
| Angel Broking Sub Broker Revenue Sharing | |
| Find the details of Angel Broking Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% – 70% |
| Do they provide revenue sharing or direct pay for Referral Program? | Free Voucher |
| How much is the revenue sharing Master Franchise business? | 70% – 80% |
| How much is the revenue sharing required for Partner / Remisier model? | 30% |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Angel Broking Business Partner Security Deposit requirement?
In the Sub Broker model, a security deposit between Rs. 50,000 and Rs. 150,000 should be made to start the Angel Broking Franchise Cost business.
There is no security deposit required in the Referral Program. In the Master Franchise model, Angel Broking Sub Broker Investment is Rs. 200,000 to Rs. 300,000 as security deposit and that for Remisier is Rs. 30,000.
| Angel Broking Franchise Security Deposit | |
| Check the Angel Broking Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.150,000 |
| Is there any security deposit required for Referral Program? | Zero |
| What is the initial investment required for Master Franchise Model? | Rs.200,000 – Rs.300,000 |
| What is the deposit required for Partner / Remisier Model? | Rs.30000 |
What are the various Offers rolled out by Angel Broking Authorised Person Program?
Angel Broking Sub Broker Offers Flexible Revenue Sharing along with Zero Revenue Sharing with Prepaid.
The Angel Broking Franchise Offers do not acknowledge other offers like Flat Revenue Sharing, Zero Deposit, or 10k Initial Deposit for doing business with its partners.
| Angel Broking Sub Broker Offers | |
| Here are the list of Angel Broking 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 Angel Broking Business Partner?
Angel Broking Franchise Support provides effective support to the sub-brokers for prospering in their business. The company provides Acquisition Training to its business partners.
It offers Back-Office Support along with proper Trading Support. The business partners are given Advisory Support and are taught the right marketing strategies through Marketing Support.
However, Angel Broking Partner Support does not offer Dealing Training and Product Training.
| Angel Broking Business Partner Support | |
| Here are the various Support Angel Broking 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? | 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? | 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 Angel Broking Sub Broker Program?
All the broking houses follow some infrastructural requirements while appointing their sub-brokers. In order to receive the trading license from the company, each and every sub-broker has to abide by these requirements.
Angel Broking Partner Requirement policy also has a set of infrastructural requirements that the sub-brokers and franchisees have to abide by to work as a business partner of the company. They are:
- The minimum strength of employees of the business partner should be 3
- A trading terminal is a must to fulfill the Angel Broking Sub broker Infra Requirement
- Stable internet and telephone connections are very important
The office area should be at least 300 square feet
| Angel Broking Partner Infrastructure Requirement | |
| Find the various Infra required to take up Angel Broking Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 3 |
| 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? | Minimum 300 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What is the Eligibility Criteria to Become HDFC Securities Partner?
Angel Broking Sub Broker Eligibility does not levy any complex eligibility criteria on its business partners. Instead, it keeps them straight and simple. These criteria are as follows:
- The franchise or sub-broker must have a SEBI registration
- They should be of at least 18 years of age
- The business partners must be a graduate
Last but not least, the Angel Broking Franchise Eligibility criteria states that the candidate should not have any criminal record
What is the brokerage charges levied to the Clients of Angel Broking Partners?
The Angel Broking Partner Charges a nominal brokerage from the clients. The Equity Intraday is 0.01% to 0.04% and the Equity Delivery charge is between 0.1% and 0.4%.
Angel Broking Authorized Person Charges Rs. 15 per lot on Equity Options and Rs. 30 per lot on Currency options. The Equity Futures, Currency Futures, and Commodity charges are in the range of 0.01% to 0.04%.
| Angel Broking Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Angel Broking Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.01% – 0.04% |
| How much are Equity Delivery charges? | 0.10% – 0.40% |
| How much is the charge levied on Equity Options? | Rs.15 per Lot |
| How much are the Currency Options charges? | Rs.30 per Lot |
| What are Equity Futures charges? | 0.01% – 0.04% |
| What are the charges levied on Currency Futures? | 0.01% – 0.04% |
| What are the charges levied on Commodity Trading? | 0.01% – 0.04% |
What is the Account Opening Charges Levied to the clients of Angel Broking Sub Broker?
Angel Broking Franchise Charges Rs. 699 per annum as Account Opening Charges. The Margin Money to be maintained by the clients is Rs. 10,000.
Angel Broking Sub Broker Charges between zero and Rs. 350 every year as Demat AMC and nil as Trading AMC. A transaction charge of 0.0035% is levied on each transaction done.
| Angel Broking Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Angel Broking Franchise to their clients | |
| What are the Account Opening Charges? | Rs.699 per Annum |
| What is the Margin Money required? | Rs.10,000 |
| What is the charge for Demat AMC? | Free or Rs.350 per Annum |
| how much are Trading AMC charges? | Zero |
| How much is the Transaction Charges levied? | 0.00% |
What is the Customer Ratings of Angel Broking Authorised Person Program?
According to the Angel Broking Sub Broker Review, the company has received good ratings from its customers. The Revenue Sharing Model and Security Deposit have fetched 3.8 out of 5 points.
The Experience of the customers has attracted 4 points. Customers are highly contended with the offers given by the company and awarded 4.2 points to it.
The Angel Broking Franchise Ratings show that 3.5 points are given to the Mobile Apps and Trading Platforms of the company. Its overall ratings are 3.92 points with a whopping 4 stars.
| Angel Broking Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Angel Broking | |
| According to Revenue Sharing Model of the Franchisor | 3.80 / 5 |
| Ratings as per Security Deposit provided by the company | 3.80 / 5 |
| As per Experience in the Sub Broker Business | 4.00 / 5 |
| As per Offers provided by the Broking Franchise | 4.20 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 3.50 / 5 |
| Overall Ratings of the Sub Broker Franchise | 3.92 / 5 |
| Star Ratings | ★★★★☆ |
Angel Broking Franchise Conclusion
Angel Broking Sub Broker offers all the valuable products and services to the customers which satisfy them to a great level. If you want to take up the Angel Broking Franchise then contact the company at the earliest.
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