Mandot Securities Franchise gets the chance to earn as high as 80% of the share in the revenue they earn for the stockbroker with a payment cycle which is of 35 days.
The Mandot Securities sub-brokers get entitled to a minimum of 60% share in the revenue when they join the firm as a business partner by depositing Rs. 50000 as the security deposit.
The maximum share of revenue can be earned with Rs. 1 lakh deposit which is also lower compared to the whopping 80% share of earnings. This stockbroker is a private firm located in Indore MP. The firm commenced its operation in the year 2014 and takes thirty days to generate the sub-brokers code.
| Mandot Securities Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.100,000 |
| Revenue Sharing | 60% – 80% |
| Payout Time | 35 Days |
| SB Code Activation Time | 30 Days |
What do you know about Mandot Securities Franchise?
| Mandot Securities Business Partner Overview | |
| Here is the overview of the Mandot Securities Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Indore, Madhya Pradesh |
| Who is the Founder? | Vimal Mandot |
| What is the year of establishment? | 2014 |
| How many days does it take for SB Code Activation? | 30 Days |
| How many days/weeks it takes for Payout? | 35 Days |
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What are the various Business Models that Mandot Securities Sub Broker Program provides?
| Mandot Securities Franchise Business Models | |
| Know about various Business Models of Mandot Securities | |
| 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? | Yes |
How does Mandot Securities Sub Broker Revenue Sharing work?
| Mandot Securities Sub Broker Revenue Sharing | |
| Find the details of the Mandot Securities Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 60% – 80% |
| 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? | 15% |
Know about Revenue Sharing of other Sub Broker Franchise
What is the Mandot Securities Business Partner Security Deposit requirement?
| Mandot Securities Franchise Security Deposit | |
| Check the Mandot Securities 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? | NA |
| What is the deposit required for Partner / Remisier Model? | Rs.15,000 |
What are the various Offers rolled out by Mandot Securities Authorised Person Program?
| Mandot Securities Sub Broker Offers | |
| Here is the list of Mandot Securities 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? | Yes |
| Are they offering 10k Initial Deposit scheme? | Yes |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Mandot Securities Business Partner?
| Mandot Securities Business Partner Support | |
| Here are the various Support Mandot Securities 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? | 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 Mandot Securities Sub Broker Program?
| Mandot Securities Partner Infrastructure Requirement | |
| Find the various Infra required to take up Mandot Securities 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? | 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 125 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Mandot Securities Partners?
| Mandot Securities Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Mandot Securities Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.01% – 0.02% |
| How much are Equity Delivery charges? | 0.1% – 0.2% |
| How much is the charge levied on Equity Options? | Rs.10 – Rs.20 per Lot |
| How much are the Currency Options charges? | Rs.10 – Rs.20 per Lot |
| What are Equity Futures charges? | 0.01% – 0.02% |
| What are the charges levied on Currency Futures? | 0.01% – 0.02% |
| What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of Mandot Securities Sub Broker?
| Mandot Securities Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Mandot Securities Franchise to their clients | |
| What are the Account Opening Charges? | Rs.299 |
| What is the Margin Money required? | Minimum Rs.10,000 |
| What is the charge for Demat AMC? | Rs.240 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00% |
What are the Customer Ratings of the Mandot Securities Authorised Person Program?
| Mandot Securities Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Mandot Securities | |
| According to Revenue Sharing Model of the Franchisor | 2.1 / 5 |
| Ratings as per Security Deposit provided by the company | 2.2 / 5 |
| As per Experience in the Sub Broker Business | 2.5 / 5 |
| As per Offers provided by the Broking Franchise | 2.4 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.6 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
| Star Ratings | ★★★☆☆ |
Mandot Securities Franchise Conclusion
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