Goldmine Stocks Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

Goldmine Stocks Franchise is rolling since 1994 with the establishment of the firm Goldmine Stocks by Bhavin Magdani in the city of Mumbai. The Goldmine Stocks sub-brokers gets 70% of the revenue as the highest share for a security deposit of Rs. 1 lakh only.

While the minimum security deposit that you need to pay in order to have the rights to deal in the Goldmine Stocks investments products is Rs. 30000 only. The minimum share of revenue that you get entitled to for this is 50% which is at par with the market.

The private full-service broker takes around 3 to 5 weeks to generate the code for sub-broking. They made the payments every 33 days for the franchise holders.

Goldmine Stocks Sub Broker Highlight
Top Business Model Sub Broker
Initial Investment Required Rs.30,000 – Rs.100,000
Revenue Sharing 50% – 70%
Payout Time 33 Days
SB Code Activation Time 3-5 Weeks

Goldmine Stocks Franchise SubBroker


What do you know about Goldmine Stocks Franchise?

Goldmine Stocks Business Partner Overview
Here is the overview of Goldmine Stocks Franchise
What type of Company is it? – Public / Private Private
What is the Broker type? Full Service Broker
Where is the Headquarter located? Mumbai, Karnataka
Who is the Founder? Bhavin Magdani
What is the year of establishment? 1994
How many days does it take for SB Code Activation? 3-5 Weeks
How many days/weeks it takes for Payout? 33 Days

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

Goldmine Stocks Franchise Business Models
Know about various Business Models of Goldmine Stocks
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 Goldmine Stocks Sub Broker Revenue Sharing work?

Goldmine Stocks Sub Broker Revenue Sharing
Find the details of Goldmine Stocks Sub Broker Commission for all Business Models
What is the revenue sharing for Sub Broker program? 50% – 70%
Do they provide revenue sharing or direct pay for Referral Program? NA
How much is the revenue sharing Master Franchise business? 75% – 85%
How much is the revenue sharing required for Partner / Remisier model? NA

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What is the Goldmine Stocks Business Partner Security Deposit requirement?

Goldmine Stocks Franchise Security Deposit
Check the Goldmine Stocks Franchise cost requirement for each business model
How much is security deposit required for Sub Broker Program? Rs.30,000 – Rs.100,000
Is there any security deposit required for Referral Program? NA
What is the initial investment required for Master Franchise Model? Rs.300,000 – Rs.500,000
What is the deposit required for Partner / Remisier Model? NA

What are the various Offers rolled out by Goldmine Stocks Authorised Person Program?

Goldmine Stocks Sub Broker Offers
Here is the list of Goldmine Stocks 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 Goldmine Stocks Business Partner?

Goldmine Stocks Business Partner Support
Here are the various Support Goldmine Stocks 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? Yes
Are they providing Trading Support to their business partners? Yes
Are they sharing Advisory Support with their partners? Yes
Does the broking house provide Marketing Support to their sub brokers? No

Which is the Infrastructure required for Goldmine Stocks Sub Broker Program?

Goldmine Stocks Partner Infrastructure Requirement
Find the various Infra required to take up Goldmine Stocks 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? Yes
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 is the brokerage charges levied to the Clients of Goldmine Stocks Partners?

Goldmine Stocks Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by Goldmine Stocks Sub Broker to their clients
What are Equity Intraday charges? 0.02%
How much are Equity Delivery charges? 0.15%
How much is the charge levied on Equity Options? Rs.15 per Lot
How much are the Currency Options charges? Rs.10 per Lot
What are Equity Futures charges? 0.02%
What are the charges levied on Currency Futures? 0.02%
What are the charges levied on Commodity Trading? 0.02%

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

Goldmine Stocks Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by Goldmine Stocks Franchise to their clients
What are the Account Opening Charges? Rs.330
What is the Margin Money required? Minimum Rs.10,000
What is the charge for Demat AMC? Rs.250 per Annum
how much are Trading AMC charges? Free
How much is the Transaction Charges levied? 0.00%

What is the Customer Ratings of Goldmine Stocks Authorised Person Program?

Goldmine Stocks Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for Goldmine Stocks
According to Revenue Sharing Model of the Franchisor 2.5 / 5
Ratings as per Security Deposit provided by the company 2.4 / 5
As per Experience in the Sub Broker Business 2.3 / 5
As per Offers provided by the Broking Franchise 2.4 / 5
Ratings as per Mobile Trading App & Trading Platforms 2.3 / 5
Overall Ratings of the Sub Broker Franchise 2.3 / 5
Star Ratings ★★★☆☆

Goldmine Stocks Franchise Conclusion

 


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