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 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

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 / 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

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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 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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