In this commentary, we would be giving you a close look into the Consortium Securities Franchise and what you have to do to be one.
If you are fascinated by becoming a Consortium Securities Sub Broker, then this piece of writing deserves your attention as you will come across all your queries with solutions about the company.
All of your doubts like how to get on with them, what documents you need to possess, what the eligibility criteria they call for, and on what basis the revenue or profit is shared, the light will be shed on every category.
| Consortium Securities Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.150,000 |
| Revenue Sharing | 60% – 75% |
| Payout Time | 4-5 Weeks |
| SB Code Activation Time | 25 Days |
What do you know about Consortium Securities Franchise?
The Consortium security is a popular Public Full Service Broker that started its operations in India in the year 1992. Their founder, Mr. P. S. Kalra, set up the business in the early nineties in the capital city of India, New Delhi.
If you are thinking about getting associated with them as Consortium Securities Sub Broker, then you will not regret the decision as they are one of the fairest and most transparent organizations.
Their means of payment is very simple and conventional; mostly the payout cycle works in 4-5 weeks. Being a Consortium Securities Franchise is not a multifarious job either, the entire time it takes to get the SB code is about 25 days.
| Consortium Securities Business Partner Overview | |
| Here is the overview of the Consortium Securities Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | New Delhi, Delhi |
| Who is the Founder? | P. S. Kalra |
| What is the year of establishment? | 1992 |
| How many days does it take for SB Code Activation? | 25 Days |
| How many days/weeks it takes for Payout? | 4-5 Weeks |
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What are the various Business Models that Consortium Securities Sub Broker Program provides?
To become a Consortium Securities Franchise, you must follow a very undemanding process. They are a great deal of straightforward organization; hence their business models are extremely uncomplicated and unfussy as well.
They run in one model only, i.e., the Sub Broker model. This indicates that you can develop into just a Consortium Securities Sub Broker, but unfortunately not a Remisier or Agent or Franchisor.
- Sub Broker / Authorised Person
Consortium securities sub broker / authorised person
In this business model, Consortium Securities provide other diverse sub-brokers with its permit and the stockbrokers are independent to work under the company’s name.
This kind of business model permits a monopoly business of a type, where multiple sub-broker from the same company can work in the same space with several other sub-brokers of the same company.
| Consortium Securities Franchise Business Models | |
| Know about various Business Models of Consortium Securities | |
| 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 Consortium Securities Sub Broker Revenue Sharing work?
The Consortium Securities Franchise Revenue sharing model is clearly defined and very crisp. Since they run in one working Sub Broker model only, their profit-sharing percentage is well defined too.
They fully acknowledge the exertion of their business partners and offer them the highest possible share. If you collaborate with them, then your Consortium Securities Sub Broker Commission would be somewhere around 60-75 percent of the total profit made by you.
You can negotiate for a higher profit if you can guarantee them a higher profit generation or a larger volume of business.
| Consortium Securities Sub Broker Revenue Sharing | |
| Find the details of Consortium Securities 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 Consortium Securities Business Partner Security Deposit requirement?
First and foremost, the Consortium Securities Franchise Cost is not too high like most others in the market. Many companies charge immense amounts, some of them charging as high as Rs 5lacs along with a deposit amount for security.
However, with this company, your entire Consortium Securities Sub Broker Investment would range somewhere between Rs 50,000 and Rs 1,50,000. This difference in the amount for security deposit exists for peculiar reasons.
If you own an active business establishment or a sturdy customer base and if you can reassure them of a big volume of business, you can with not much trouble settle for a lower deal.
| Consortium Securities Franchise Security Deposit | |
| Check the Consortium Securities 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? | NA |
| 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 Consortium Securities Authorised Person Program?
You will be getting many Consortium Securities Sub Broker Offers once you enroll with them. Flexible Revenue Sharing has to be one of the most important offers you receive from them.
In addition to that, they too have the 10k Initial Deposit selection for you, which signifies that if you are willing to start a partnership with them, you can start with a minimum deposit of Rs 10,000 on top.
Despite of this, the other selection offers like flat revenue sharing, zero deposit, and zero revenue sharing with prepaid are not offered within the Consortium Securities Franchise Offers.
| Consortium Securities Sub Broker Offers | |
| Here is the list of Consortium Securities 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 |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Consortium Securities Business Partner?
Being a business partner you can always expect a lot in form of the Consortium Securities Franchise Support. They put in a lot in training their associates, hence the Dealing Training and Product Training is done by Consortium itself.
As a component of the Consortium Securities Partner Support, you can expect Back Office support from them and also support related to Trading, Advisor, and Marketing. Unfortunately, you won’t get Acquisition Training from them; this is something you will have to figure out on your own.
| Consortium Securities Business Partner Support | |
| Here are the various Support Consortium Securities 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 Consortium Securities Sub Broker Program?
Consortium Securities Partner Requirement in form of infrastructure is very much conservative and also realistic. They don’t demand or expect anything glitzy from their associates to sustain a high infrastructural standard.
The company has no such obligations when it comes to the size of the office to be maintained, or several employees one should have. Things they expect from their partners as a part of the ConsortiumSecurities Sub Broker Infra Requirement are proper access to Trading Terminals, Internet Connection, and Telephone Lines in their office.
| Consortium Securities Partner Infrastructure Requirement | |
| Find the various Infra required to take up Consortium Securities Franchise | |
| What is the Employee Strength needed to start this franchise? | Not Mandatory |
| 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? | Not Mandatory |
Find out the basic requirements of other Stock Broking Franchise
What are the eligibility criteria to become a consortium securities partner?
The company has its own Consortium Securities Sub Broker Eligibility rules, which state that it can recheck and verify your eligibility criteria anytime before authorizing you to be one of its partner sub-brokers.
Basic requirements are that the candidate must be at least 18 years of age and should have the minimum qualification of class 12, however, a graduate degree would be much preferable. Experience with any stock broking company or business could be very beneficial.
However, you need to have a certificate from SEBI to become a sub-broker. These are some of the basic mandates of the Consortium Securities Franchise Eligibility criteria that you need to satisfy while you apply with them.
What are the brokerage charges levied on the Clients of Consortium Securities Partners?
Brokerage charges under Consortium Securities Partner Charges are worth boasting of, as they charge the Lowest amount in the whole industry. For Commodity, Currency Futures, Equity Futures, and Equity Intraday your clients will be charged a mere 0.05 percent of the entire transaction value.
And for the Equity Delivery, your clients will be charged just 0.50 percent of the total value of the business done. Coming to Options, those are charged based on lots. For Equity Options, there is a charge of Rs 50 per lot and for Currency Options, the charge is Rs 25 per lot.
If you take into consideration other companies’ charges in the market and compare it with Consortium Securities Authorised Person Charges, you will still find Consortium being the lowest which is very attractive to all customers.
| Consortium Securities Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Consortium Securities Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.05% |
| How much are Equity Delivery charges? | 0.50% |
| How much is the charge levied on Equity Options? | Rs.50 per Lot |
| How much are the Currency Options charges? | Rs.25 per Lot |
| What are Equity Futures charges? | 0.05% |
| What are the charges levied on Currency Futures? | 0.05% |
| What are the charges levied on Commodity Trading? | 0.05% |
What are the Account Opening Charges Levied to the clients of Consortium Securities Sub Broker?
The account opening charges with Consortium Securities are much more assuring than the other ones in the market. You and your customers will always be charged according to the funds that have been mentioned in the Consortium Securities Franchise Charges.
There are no further charges in the name of opening an account. However, there is an AMC charge for Demat Account Maintenance and Trading Account Maintenance of Rs 200 per annum each. There is also a Margin money of Rs 1,000 which is very much refundable.
This proves that your customers will be charged cautiously as per the Consortium Securities Sub Broker Charges with no extra charges levied on them.
| Consortium Securities Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Consortium Securities Franchise to their clients | |
| What are the Account Opening Charges? | Zero |
| What is the Margin Money required? | Minimum Rs.1,000 |
| What is the charge for Demat AMC? | Rs.200 per Annum |
| how much are Trading AMC charges? | Rs.200 per Annum |
| How much is the Transaction Charges levied? | 0.00% |
What are the Customer Ratings of the Consortium Securities Authorised Person Program?
If you are out on the hunt for a candid review about the company, then the Consortium Securities Sub Broker Review and the customer ratings might come in handy to you in making decisions.
Their Revenue Sharing model gets a 2.4 out of 5, their Security Deposit gets a 2.3 out of 5, their Experience gets a 2.5 out of 5, their Offers get a 2.5 out of 5 and their Mobile Apps and Trading Platforms get a 2.4 out of 5. This shows that the Consortium Securities Franchise Rating would be 2.5 out of 5 overall.
| Consortium Securities Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Consortium Securities | |
| According to Revenue Sharing Model of the Franchisor | 2.4 / 5 |
| Ratings as per Security Deposit provided by the company | 2.3 / 5 |
| As per Experience in the Sub Broker Business | 2.5 / 5 |
| As per Offers provided by the Broking Franchise | 2.5 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.4 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.5 / 5 |
| Star Ratings | ★★★☆☆ |
Consortium Securities Franchise Conclusion
In conclusion, the Consortium Securities Franchise is an impressive brokerage house for both beginners and also for expert traders or investors who have few shortcomings.
The organization’s policies and services are very bendy lets you do business as a Consortium Franchise Sub Broker and reach new heights
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