The proficient company Elite Wealth Franchise was founded in the year 1990 by the inceptor of the company Mr. Ravinder Prakash Seth in New Delhi. The company Elite Wealth sub broker promises to offer the payout within 20 days only.
On the other hand, the time it fixes for the sub- broker activation code is much more which is 35 days. However compared to other rivals, the company charges a minimum of Rs.15,000 as the initial investment amount and the maximum amount is Rs.30,000.
Traders should note that in both cases only, the amount charged for minimum and maximum is bearable. Besides that, the reveneue sharing percentage offered is 50% – 75%.
| Elite Wealth Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.15,000 to Rs.30,000 |
| Revenue Sharing | 50% – 75% |
| Payout Time | 20 Days |
| SB Code Activation Time | 35 Days |
What do you know about Elite Wealth Franchise Franchise?
| Elite Wealth Business Partner Overview | |
| Here is the overview of Elite Wealth Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | New Delhi, Delhi |
| Who is the Founder? | Ravinder Prakash Seth |
| What is the year of establishment? | 1990 |
| How many days does it take for SB Code Activation? | 35 Days |
| How many days/weeks it takes for Payout? | 20 Days |
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What are the various Business Models that Elite Wealth Sub Broker Program provides?
| Elite Wealth Franchise Business Models | |
| Know about various Business Models of Elite Wealth | |
| 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 Elite Wealth Sub Broker Revenue Sharing work?
| Elite Wealth Sub Broker Revenue Sharing | |
| Find the details of its Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% – 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 Elite Wealth Franchise Business Partner Security Deposit requirement?
| Elite Wealth Franchise Security Deposit | |
| Check the Elite Wealth Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.15,000 to Rs.30,000 |
| 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 Elite Wealth Franchise Authorised Person Program?
| Elite Wealth Sub Broker Offers | |
| Here is the list of Elite Wealth 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 Elite Wealth Franchise Business Partner?
| Elite Wealth Business Partner Support | |
| Here are the various Support Elite Wealth 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? | 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? | No |
| Does the broking house provide Marketing Support to their sub brokers? | No |
Which is the Infrastructure required for Elite Wealth Franchise Business Associate?
| Elite Wealth Partner Infrastructure Requirement | |
| Find the various Infra required to take up Elite Wealth 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 200 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Elite Wealth Franchise Partners?
| Elite Wealth Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by them on their clients | |
| What are Equity Intraday charges? | 0.03% |
| How much are Equity Delivery charges? | 0.33% |
| How much is the charge levied on Equity Options? | Rs.33 per Lot |
| How much are the Currency Options charges? | Rs.33 per Lot |
| What are Equity Futures charges? | 0.03% |
| What are the charges levied on Currency Futures? | 0.03% |
| What are the charges levied on Commodity Trading? | 0.03% |
What are the Account Opening Charges Levied to the clients of Elite Wealth Sub Broker?
| Elite Wealth Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by them on their clients | |
| What are the Account Opening Charges? | Rs.230 |
| What is the Margin Money required? | 0.00300% |
| What is the charge for Demat AMC? | Rs.333 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | Minimum Rs.5,000 |
What are the Customer Ratings of the Elite Wealth Franchise Authorised Person Program?
| Elite Wealth Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Elite Wealth | |
| According to Revenue Sharing Model of the Franchisor | 3.3 / 5 |
| Ratings as per Security Deposit provided by the company | 3.2 / 5 |
| As per Experience in the Sub Broker Business | 2.9 / 5 |
| As per Offers provided by the Broking Franchise | 3.3 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 3.2 / 5 |
| Overall Ratings of the Sub Broker Franchise | 3.1 / 5 |
| Star Ratings | ★★★☆☆ |
Elite Wealth Franchise Business Associate Conclusion
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