Fyers Franchise or Sub Broker – Find Revenue Sharing, Security Deposit & more

The private discount sub broking company Fyers Franchise established in the year 2015 at Bangalore by the founder of the company Tejas Khoday & Shreyas Khodey follows the referral business model.

The company Fyers sub-broker is considered suitable, as it charges nothing from the traders as minimum or maximum investment. On top of that, it takes only 30 days to release the payout.

However, traders should be mindful to the fact that the company also takes 30 days to activate the sub-broker code. Besides everything, traders might see that the percentage of revenue share is not much satisfying because it is only 25%.

Fyers Sub Broker Highlight
Top Business Model Referral Program
Initial Investment Required Zero
Revenue Sharing 20%
Payout Time 30 Days
SB Code Activation Time 30 Days

Fyers Franchise SubBroker


What do you know about Fyers Franchise?

Fyers Business Partner Overview
Here is the overview of Fyers Franchise
What type of Company is it? – Public / Private Private
What is the Broker type? Discount Broker
Where is the Headquarter located? Bangalore, Karnataka
Who is the Founder? Tejas Khoday, Shreyas Khodey & Yashas Khodey
What is the year of establishment? 2015
How many days does it take for SB Code Activation? 30 Days
How many days/weeks it takes for Payout? 30 Days

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What are the various Business Models that Fyers Sub Broker Program provides?

Fyers Franchise Business Models
Know about various Business Models of Fyers
Is the Sub Broker business model available? No
Do they provide Referral Program? Yes
Do they provide Master Franchise Model? No
Does this broker provide Partner / Remisier model? No

How does Fyers Sub Broker Revenue Sharing work?

Fyers 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? NA
Do they provide revenue sharing or direct pay for Referral Program? 20%
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 Fyers Business Partner Security Deposit requirement?

Fyers Franchise Security Deposit
Check the Fyers Franchise cost requirement for each business model
How much is security deposit required for Sub Broker Program? NA
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 Fyers Authorised Person Program?

Fyers Sub Broker Offers
Here is the list of Fyers 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

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What are the various Supports provided to Fyers Business Partner?

Fyers Business Partner Support
Here are the various Support Fyers 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? No
Are they providing Product Training for their business partners? Yes
Do they provide Back-Office Support for their authorised person? No
Are they providing Trading Support to their business partners? No
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 Fyers Business Associate?

Fyers Partner Infrastructure Requirement
Find the various Infra required to take up Fyers Franchise
What is the Employee Strength needed to start this franchise? Not Mandatory
Do the Sub Broker needs to provide Trading Terminals? No
Is the Internet Connection mandatory to take up franchise? No
Are Telephone Lines mandatory for Business Partners? No
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

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What is the brokerage charges levied to the Clients of Fyers Partners?

Fyers Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by Fyers Sub Broker to their clients
What are Equity Intraday charges? 0.01% or Rs.20 per Executed order
How much are Equity Delivery charges? Free
How much is the charge levied on Equity Options? Rs.20 per executed order
How much are the Currency Options charges? Rs.20 per executed order
What are Equity Futures charges? 0.01% or Rs.20 per Executed order
What are the charges levied on Currency Futures? 0.01% or Rs.20 per Executed order
What are the charges levied on Commodity Trading? 0.01% or Rs.20 per Executed order

What is the Account Opening Charges Levied to the clients of Fyers Sub Broker?

Fyers Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by Fyers Franchise to their clients
What are the Account Opening Charges? Free
What is the Margin Money required? 0.00275% of Total Turnover
What is the charge for Demat AMC? 1st Year Free & Rs.300 per Annum
how much are Trading AMC charges? Free
How much is the Transaction Charges levied? Zero Margin

What is the Customer Ratings of Fyers Authorised Person Program?

Fyers Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for Fyers
According to Revenue Sharing Model of the Franchisor 3.3 / 5
Ratings as per Security Deposit provided by the company 3.4 / 5
As per Experience in the Sub Broker Business 3.5 / 5
As per Offers provided by the Broking Franchise 3.7 / 5
Ratings as per Mobile Trading App & Trading Platforms 3.3 / 5
Overall Ratings of the Sub Broker Franchise 3.5 / 5
Star Ratings ★★★☆☆

Fyers Business Associate Conclusion

 


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