Globe Capital Franchise is a Delhi based brokerage firm. They’ve been known for their tremendous growth rate since the past few years. However, they have a reputation of catering for more than 20 years.
They were once incorporated to function as full service financial broker. But, with time they’ve even showed inclination towards financial franchisee. And, that’s what we are going to discuss today.
Today’s article will be a full review of their financial franchiser aspects. And, we’ll draft the review based on multiple factors. And, all the factors will directly or indirectly be linked to their business partners.
Speaking of which, Globe Capital Sub Broker Program have certain limitations with respect their partners. The need 31 days to pay all the dues of their partners. They even need 21 days to allocate a new sub broker’s code to a partner.
|Globe Capital Sub Broker Highlight|
|Top Business Model||Sub Broker|
|Initial Investment Required||Rs.50,000 – Rs.100,000|
|Revenue Sharing||55% – 70%|
|Payout Time||31 Days|
|SB Code Activation Time||21 Days|
What do you know about Globe Capital Franchise?
Globe Capital was established 20 years back in the year 1999. The credit to their establishment goes to their founder Rajeev Kalra. Moreover, their success can even be credited to their amazing and dedicated team.
They’ve been known for serving the clients rather satisfactorily. They have created various ways to serve the specific needs of their clients. Moreover, they have moved into the financial franchise business as well.
|Globe Capital Business Partner Overview|
|Here is the overview of Globe Capital 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?||Rajeev Kalra|
|What is the year of establishment?||1999|
|How many days does it take for SB Code Activation?||21 Days|
|How many days/weeks it takes for Payout?||31 Days|
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What are the various Business Models that Globe Capital Sub Broker Program provides?
Globe Capital Franchise understands very well the diversity of their partners. This even helps them understand the varying needs of the partners. Therefore, they deem fit to introduce their partners with two distinct business models.
Both the models cater to different requirements of the partners. And, both business models have different requirements. We are referring to Globe Capital franchise sub broker and master franchise models.
- Sub Broker / Authorised Person
- Master Franchise
Globe Capital Sub Broker / Authorised Person
The sub broker model confines the business authority to the franchiser. The sub brokers are restricted to execute any area wise power.
Nonetheless, they’re allowed to give out extra benefits to their clients. This way, they can retain the clients easily. Even the security deposit requirements are low here.
Globe Capital Master Franchise
The master franchise puts authority in the partners’ hands. The master franchisees are allowed to execute area wise business dominance.
This means that they have full business control over a certain area. Their security deposit requirements are high.
|Globe Capital Franchise Business Models|
|Know about various Business Models of Globe Capital|
|Is the Sub Broker business model available?||Yes|
|Do they provide Referral Program?||No|
|Do they provide Master Franchise Model?||Yes|
|Does this broker provide Partner / Remisier model?||No|
How does Globe Capital Sub Broker Revenue Sharing work?
Globe Capital franchise revenue sharing is based on partner categorization. We’re trying to say that different partners get different revenue shares.
The categorization is done on the basis of many factors. Arrangements in between the partners and franchiser are one of them.
Even the security deposit paid helps in determining the stature of particular partner. Moreover, the partners are even categorized as per their business model selection. The sub brokers get a commission of 55-70%. And, the master franchisees get a commission of 70-80%.
|Globe Capital Sub Broker Revenue Sharing|
|Find the details of Globe Capital Sub Broker Commission for all Business Models|
|What is the revenue sharing for Sub Broker program?||55% – 70%|
|Do they provide revenue sharing or direct pay for Referral Program?||NA|
|How much is the revenue sharing Master Franchise business?||70% – 80%|
|How much is the revenue sharing required for Partner / Remisier model?||NA|
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What is the Globe Capital Business Partner Security Deposit requirement?
There are numerous elements included in Globe Capital Franchise cost. We’re talking about the basic requirements that the franchiser deems mandatory. These include acquiring several certifications and licences.
However, a major part of it is given as a security deposit. As mentioned earlier, it helps to determine the partner’s category. It even helps to determine the commission rate to be granted.
The sub brokers must pay a security deposit of Rs.50,000 – Rs.100,000. And, the master franchisees are required to pay a security deposit of Rs.100,000 – Rs.300,000.
|Globe Capital Franchise Security Deposit|
|Check the Globe Capital Franchise cost requirement for each business model|
|How much is security deposit required for Sub Broker Program?||Rs.50,000 – Rs.100,000|
|Is there any security deposit required for Referral Program?||NA|
|What is the initial investment required for Master Franchise Model?||Rs.100,000 – Rs.300,000|
|What is the deposit required for Partner / Remisier Model?||NA|
What are the various Offers rolled out by Globe Capital Authorised Person Program?
Globe Capital franchise offers formulate the vitals of their business. These offers help attract new partners. And, even the existing partners are benefitted. The list of their offers include: –
- Flexible Revenue Sharing
- Zero Revenue Sharing With Prepaid
|Globe Capital Sub Broker Offers|
|Here is the list of Globe Capital 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?||Yes|
|Do they provide Zero Deposit scheme?||No|
|Are they offering 10k Initial Deposit scheme?||No|
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What are the various Supports provided to Globe Capital Business Partner?
Many Globe Capital franchise support programs have been designed to help the partners. These programs train the partners in numerous business aspects. In short, these help to boost the growth rate of the business.
The list of all these support programs include: –
- Back Office Support
- Trading Support
- Dealing Support
- Marketing Support
|Globe Capital Business Partner Support|
|Here are the various Support Globe Capital 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?||No|
|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?||Yes|
Which is the Infrastructure required for Globe Capital Sub Broker Program?
There are certain criteria to be followed by the franchiser’s partner aspirants. These criteria basically level the ground for all the partners. These constitute of several requirements in terms of education, experience and skills.
Moreover, these even require the aspirants to have certain business establishments. These establishments are required to ensure the optimum functionality of the business.
Therefore, Global Capital partner requirements include: –
- The ownership of own office. The partners must have their own office with at least 200 sq.ft. area. This is required to install certain business infrastructures.
- Partners must even install some trading terminals in their office. And, all the terminals must be installed as per industry standards.
- The partners must have a working internet connection. This is required for active communication. However, it must be strong and steady enough to support multiple online trades at a time.
- Partners must recruit at least 2 working professionals as their staff. The recruits must be well versed in financial services industry.
- The partners are even required to have their own research services.
|Globe Capital Partner Infrastructure Requirement|
|Find the various Infra required to take up Globe Capital Franchise|
|What is the Employee Strength needed to start this franchise?||Minimum 2|
|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?||No|
|Is it mandatory to provide Research Services by Sub Broker?||Yes|
|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 Eligibility Criteria to become Globe Capital Partner?
Globe Capital franchise’s eligibility criteria, as mentioned before must be abided by all partners. However, it doesn’t only include establishing certain infrastructures.
In fact, there’s a lot more to be followed like: –
- The applicants must have a certain educative background. The franchiser only allows people with at least an intermediate’s degree as partner. However, they prefer the ones with bachelor’s degree.
- The applicants must be well accompanied in the field of financial services. They, must have an experience of 2 consecutive years at least.
- The applicants need to produce a valid proof to certain certifications and licences. Most important among them all is a certificate from SEBI.
- The applicants must be of 21 years of more to apply for the business rights.
What is the brokerage charges levied to the Clients of Globe Capital Partners?
Globe Capital partner charges are restricted for all partners. These restrictions are set to provide many solutions.
These help to maintain a standard for the franchiser’s partners. These even ensure equal and unbiased treatment for the partners. Here’s how the charges must be incurred: –
- The clients must be charged at 0.03% for currency futures trades.
- Clients must be charges at 0.03% for equity futures trades.
- The clients must be charged at Rs. 40 per lot for equity options.
- Clients must be charged at Rs. 20 per lot for currency options.
- The clients must be charged at 0.20% for equity delivery.
- Clients must be charged at 0.03% for equity intraday trades.
|Globe Capital Sub Broker – Brokerage Charges to Clients|
|Here are the brokerage charges levied by Globe Capital Sub Broker to their clients|
|What are Equity Intraday charges?||0.03%|
|How much are Equity Delivery charges?||0.20%|
|How much is the charge levied on Equity Options?||Rs.50 per lot|
|How much are the Currency Options charges?||Rs.20 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?||NA|
What is the Account Opening Charges Levied to the clients of Globe Capital Sub Broker?
Globe Capital franchise charges to be incurred from clients must follow the chart above. Here’s how it goes: –
- 750 must be charged for account opening charges.
- The client has the option to maintain a margin money balance between Rs.0- Rs.200,000.
- 450 must be charged for Demat AMC.
- 00335% must be charged as transaction charges.
|Globe Capital Franchise – Account Opening Charges to Clients|
|Here are the account opening charges levied by Globe Capital Franchise to their clients|
|What are the Account Opening Charges?||Rs.750|
|What is the Margin Money required?||Rs.0 – Rs.200,000|
|What is the charge for Demat AMC?||Rs.450|
|how much are Trading AMC charges?||Free|
|How much is the Transaction Charges levied?||0.00335%|
What is the Customer Ratings of Globe Capital Authorised Person Program?
Globe Capital franchise ratings can be deciphered from the chart above. The ratings have been done on a scale of 1-5. It mentions the following: –
- The franchiser is rated at 2.5/5 for revenue sharing model.
- Franchiser is rated at 2.5/5 for security deposit requirements.
- The franchiser is rated at 2.5/5 for experience.
- Franchiser is rated at 2.6/5 for offers.
- The franchiser is rated at 2.3/5 for their mobile apps.
- The overall rating of the franchiser is 2.5/5.
|Globe Capital Franchise Customer Ratings|
|Find Client Ratings & Reviews against multiple parameters for Globe Capital|
|According to Revenue Sharing Model of the Franchiser||2.5 / 5|
|Ratings as per Security Deposit provided by the company||2.5 / 5|
|As per Experience in the Sub Broker Business||2.5 / 5|
|As per Offers provided by the Broking Franchise||2.6 / 5|
|Ratings as per Mobile Trading App & Trading Platforms||2.3 / 5|
|Overall Ratings of the Sub Broker Franchise||2.5 / 5|
Globe Capital Franchise Conclusion
We believe that Globe Capital Franchise has all the aspects of a good financial franchiser. In fact, they’ve proven their worth with their work. And, it reflects in their previous records.
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