The article beneath gives a perception about the Astha Trade Franchise that helps you understand the operation of the firm if you are thinking about getting into the business.
If you fancy the idea of becoming an Astha Trade Sub Broker this is a must-read for you. This article will answer most of your queries regarding getting associated with the organization.
All your doubts regarding how to sign up with Astha Trade, the documents you will need, the eligibility criteria before getting yourself associated with them and the premium sharing percentage you will be getting, everything will be explained here.
|Astha Trade Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.200,000|
|Revenue Sharing||50% – 80%|
|Payout Time||31 Days|
|SB Code Activation Time||30 Days|
What do you know about Astha Trade Franchise?
Astha Trade is a company of almost 20 years emancipating their clients on how to take care of their financial matters.
Established in 2003, Astha Trade is a long-serving Private Full-Service Broker launched by Mr Satish Chandra Gupta in the city of lakes, Bhopal, Madhya Pradesh.
If you are thinking about getting incorporated with them as an Astha Trade Sub Broker, then you will certainly not feel disappointed, as they are a very fair and transparent firm. Even their payment mode is regular and simple usually following a month or a day over a monthly payout cycle.
Being an Astha Trade Franchise is not much of a complicated task; it takes about 30 days for the application to get the activation code.
|Astha Trade Business Partner Overview|
|Here is the overview of Astha Trade Franchise|
|What type of Company is it? – Public / Private||Private|
|What is the Broker type?||Full Service Broker|
|Where is the Headquarter located?||Bhopal, M.P|
|Who is the Founder?||Satish Chandra Gupta|
|What is the year of establishment?||2003|
|How many days does it take for SB Code Activation?||30 Days|
|How many days/weeks it takes for Payout?||31 Days|
Speak to the Franchise Managers now! Fill up the form:
What are the various Business Models that Astha Trade Sub Broker Program provides?
To become an Astha Trade Franchise, a very easy process is needed to be followed. Other organizations follow uncomplicated processes but not them.
They just function in following tow business models, i.e., the Sub Broker model and the Referral Program model. This means, that you can become either an Astha Trade Sub Broker or an Astha Trade Referral Program but not a Remisier.
- Sub Broker / Authorised Person
- Referral Program
Astha Trade Sub Broker / Authorised Person
A Sub Broker with Astha Trade means that you get to function on account of a trading member like an agent pitching in with investors who are working with securities.
Astha Trade Referral Program
While following a Referral Program business model you get to make referrals to your line of work deliberately and systematically.
The existing clients are also rewarded for sharing viva voce and encourage new clients to try out their company thus increasing long term profit.
|Astha Trade Franchise Business Models|
|Know about various Business Models of Astha Trade|
|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 Astha Trade Sub Broker Revenue Sharing work?
The Astha Trade Franchise Revenue sharing model is clearly defined and very crisp. They have two functioning Sub Broker model, still, they have zero nuisances and the profit percentage is clear to everyone.
They completely appreciated the attempts from their business partner and provide them with the highest permissible share.
If you link with them, then your Astha Trading Sub Broker Commission would be somewhere between 50 to 80 per cent of the entire revenue made by you whereas the Astha Trading Referral Program Commission would yield 10 per cent plus Rs 500 per refer.
You can generate more share of revenue if you can assure them of better revenue yield or a larger business volume.
|Astha Trade Sub Broker Revenue Sharing|
|Find the details of Astha Trade 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?||10% + Rs.500 per Refer|
|How much is the revenue sharing Master Franchise business?||NA|
|How much is the revenue sharing required for Partner / Remisier model?||NA|
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What is the Astha Trade Business Partner Security Deposit requirement?
Generally, the Astha Trade Franchise Cost is not as high as other market contenders. Many other companies charge a lump sum, at times which may rise to whooping Rs 5lac alongside a one-time security deposit.
Nevertheless, in the case of this organisation, your total Astha Trade Sub Broker Investment would range from Rs 50,000 to Rs 2,00,000. This variation in the security deposit is due to a strange reason.
If you have an already running business setup or a powerful client base and if you guarantee them to provide a huge amount of business to the company, you can without any hesitation settle for a small investment.
|Astha Trade Franchise Security Deposit|
|Check the Astha Trade 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?||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 Astha Trade Authorised Person Program?
You can trust them to receive many Astha Trade Sub Broker Offers once you get associated with them. One of the major offers that you receive from them is Flexible Revenue sharing. Besides that they also provide a Zero Deposit offer, allowing you to get started at zero investment.
Although, other offers like Flat Revenue Sharing, Zero Revenue Sharing and the 10k initial deposit offer are not available under the list of Astha Trading Franchise Offers.
|Astha Trade Sub Broker Offers|
|Here is the list of Astha Trade 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?||Yes|
|Are they offering 10k Initial Deposit scheme?||No|
Check out the various offers of other Sub Broker Providers
|Fortune Trading Franchise||Hedge Equities Franchise||J M Global Equities Franchise|
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|Ganpati Securities Franchise||India Advantage Franchise||JK Securities Franchise|
What are the various Supports provided to Astha Trade Business Partner?
Being a business associate, you can expect a lot of support in the form of Astha Trade Franchise Support. They put in a lot of money in training they’re associated, thus the dealing training and product training are all done by the company itself.
Also, being a part of the Astha Trade Partner Support, you can expect lengthwise Back office aid from their team, support related to trading, advisory and marketing, not only for you but also your customers.
However, you are devoid of the acquisition training, which the partners are expected to figure out themselves.
|Astha Trade Business Partner Support|
|Here are the various Support Astha 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?||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?||Yes|
Which is the Infrastructure required for Astha Trade Sub Broker Program?
The Astha Trading Partner Requirement in terms of the foundation is also very conservative and realistic. They don’t have exuberant demands or expectations from their associates to maintain high standards of the foundation.
The company expects you to maintain small office space for the operation of approx 100sq ft size with minimum 1 employee to serve the business.
Some other features that come as a part of the Astha Trade Sub Broker Infra Requirement are that they must have necessities such as internet connection and telephone lines.
|Astha Trade Partner Infrastructure Requirement|
|Find the various Infra required to take up Astha Trade Franchise|
|What is the Employee Strength needed to start this franchise?||Minimum 1|
|Do the Sub Broker needs to provide Trading Terminals?||No|
|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 100 Sq Ft|
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What are the Eligibility Criteria to become Astha Trade Partner?
Like various other brokers, Astha Trade Sub Broker Eligibility includes a list of criteria that you have to adhere to get yourself certified as a sub-broker.
The general mandates are that you have to be at least 18 years of age and should have an authentic registration with SEBI.
You are expected to be mentally sound to enroll yourself with them. Although educational qualification is not something that the company stresses upon, a graduation degree is regarded as the base, also a brief experience in stock trading is very much appreciated.
The company won’t favor if you have any pending criminal means against you. In short, these are some of the Astha Trade Franchise Eligibility criteria you will have to fulfill to apply at the company.
What is the brokerage charges levied to the Clients of Astha Trade Partners?
Their brokerage charge is something to talk about as Astha Trade Partner Charges are on the least in the market. For Equity Intraday, your customer will be charged a mere 0.01 per cent of the transaction value.
For Equity Delivery, your customers will be charged 0.10 per cent of the transaction value. Equity options and currency options are charged just Rs 10 irrespective of the value of trade.
Whereas for both Equity and Currency futures, your customer will be charged 0.01 per cent of the transaction value.
If the charges of the Astha Trade Authorised Person Charges are compared with other market contenders then you will see why they succeed in attracting more customers.
|Astha Trade Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Astha Trade Sub Broker to their clients|
|What are Equity Intraday charges?||0.01%|
|How much are Equity Delivery charges?||0.10%|
|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?||0.01%|
|What are the charges levied on Currency Futures?||0.01%|
|What are the charges levied on Commodity Trading?||NA|
What is the Account Opening Charges Levied to the clients of Astha Trade Sub Broker?
You can breathe a sigh a relief regarding the account opening charges with Astha Trade. Your clients will be levied with the minimal rates under the Astha Trade Franchise Charges.
For opening an account, your client will have to pay just Rs 400, although they wouldn’t have to worry about paying anything to open a Demat and Trading account. The Margin money that will be charged is also very low just Rs 10,000 which are even refundable.
A transaction charge of 0.00315 percent is also levied. Thus, you can see that your clients will be sensibly charged under the Astha Trade Sub Broker Charges with no extra charges levied upon them.
|Astha Trade Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Astha Trade Franchise to their clients|
|What are the Account Opening Charges?||Rs.400|
|What is the Margin Money required?||Minimum Rs.10,000|
|What is the charge for Demat AMC?||Free|
|how much are Trading AMC charges?||Free|
|How much is the Transaction Charges levied?||0.00315%|
What is the Customer Ratings of Astha Trade Authorised Person Program?
The Astha Trade Sub Broker Review provides you with the most honest and forthright feedback regarding the company.
Their customer ratings would help you. The Revenue Sharing model receives a rating of 2.5 out of 5, security deposit a 2.2 out of 5, experience 2.4 out of 5, offers 2.4 out of 5, Mobile apps and Trading platforms a 2.2 out of 5 bringing their overall rating to a 2.4 out of 5.
This means, if you notice holistically, you will see the Astha Trading Franchise Rating would get 3 stars out of 5.
|Astha Trade Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Astha Trade|
|According to Revenue Sharing Model of the Franchiser||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|
Astha Trade Franchise Conclusion
In conclusion, the Astha Trade Franchise is most certainly a good option to do business if you are looking to set up your stockbroking agency and make some good fortune from it.
The firm’s policies are quite fluid that allows you to do business as an Astha Trade Sub Broker and take you to a higher level.
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Start your own Business Now! Become a Sub Broker. Fill up the Form
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