Elite Wealth Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

The proficient company Elite Wealth Franchise was founded in the year 1990 by the inceptor of the company Mr Ravinder Prakash Seth at New Delhi. The company Elite Wealth sub broker  promises to offer the payout within a span of 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 minimum Rs.15,000 as the initial investment amount and the maximum amount is Rs.30,000.

Traders should note that in both the cases only, the amount charged for minimum and maximum is bearable. Beside that the reveneue sharing percentage offered is 50% – 75%.

Elite Wealth Sub Broker Highlight
Top Business ModelSub Broker
Initial Investment RequiredRs.15,000 to Rs.30,000
Revenue Sharing50% – 75%
Payout Time20 Days
SB Code Activation Time35 Days

Elite Wealth Franchise SubBroker

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 / PrivatePrivate
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

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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

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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

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What is the brokerage charges levied to the Clients of Elite Wealth Franchise Partners?

Elite Wealth Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by them to 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 is 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 to 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 is the Customer Ratings of 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 Franchisor3.3 / 5
Ratings as per Security Deposit provided by the company3.2 / 5
As per Experience in the Sub Broker Business2.9 / 5
As per Offers provided by the Broking Franchise3.3 / 5
Ratings as per Mobile Trading App & Trading Platforms3.2 / 5
Overall Ratings of the Sub Broker Franchise3.1 / 5
Star Ratings★★★☆☆

Elite Wealth Franchise Business Associate Conclusion


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