SMC Global Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

The preferred business model that SMC Global Franchise works is a sub-broker model. Some of the significant highlights of SMC Global Sub Broker are; first, the initial investment requirement must range between ₹50,000 to ₹1,00,000.

Next, the profit-sharing ratio typically varies between 65% – 75%. The pay-out time is on the higher end if you compare them with their rival companies, which is between 30-45 days. Lastly, they usually take between 2-3 weeks to activate the SB code.

SMC Global Sub Broker Highlight
Top Business Model Sub Broker
Initial Investment Required Rs.50,000 – Rs.100,000
Revenue Sharing 65% – 75%
Payout Time 30-45 Days
SB Code Activation Time 2-3 Weeks

SMC Global Franchise SubBroker

What do you know about SMC Global Franchise?

If you are considering SMC Global Sub Broker as your business partner, you should know about the company first.

SMC Global Franchise is a private limited company established in the year 1994. Mr. S C Aggarwal is the founder of the company who had a clear vision of what he wants.

So, over the span of 25 years, SMC Global is a thriving full-service broker whose headquarter is located in the capital city, Delhi.

As discussed before, they typically take between 30-45 days to pay, while the average activation time of the SB codes is between 2-3 weeks.

SMC Global Business Partner Overview
Here is the overview of SMC Global Franchise
What type of Company is it? – Public / Private Public
What is the Broker type? Full Service Broker
Where is the Headquarter located? Delhi, India
Who is the Founder? S C Aggarwal
What is the year of establishment? 1994
How many days does it take for SB Code Activation? 2-3 Weeks
How many days/weeks it takes for Payout? 30-45 Days

Speak to the Franchise Managers now! Fill up the form:

    Fill up the details below

    Choose a Service Become Sub Broker

    What are the various Business Models does SMC Global Sub Broker Program provides?

    The fact that the SMC Global Franchise is exclusively a Sub Broker allows them to focus on their services.

    • Sub Broker / Authorised Person

    SMC Global Sub Broker / Authorised Person

    As most of the sub-broking companies, they are also registered with SEBI, and not a direct trading member. Stockbroking companies hire them and pay monthly commissions.

    Unlike most of the companies, SMC Global Sub Broker is not a Master Franchise; neither can you call them a Remisier.

    They don’t have an active Referral Program either. However, what they offer is precise and efficient.

    SMC Global Franchise Business Models
    Know about various Business Models of SMC Global
    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 SMC Global Sub Broker Revenue Sharing work?

    SMC Global Franchise revenue sharing is limited to only the Sub Broker services. SMC Global Sub Broker is not a Remisier, neither they provide any revenue-earning option via Referral Programs.

    They can’t be considered as a Master Franchise as they don’t deal with such activities. Meanwhile, the revenue as SMC Global Sub Broker commission share is somewhere in between 65% – 75%, which you must agree is considerably higher than their rival companies.

    SMC Global Sub Broker Revenue Sharing
    Find the details of SMC Global Sub Broker Commission for all Business Models
    What is the revenue sharing for Sub Broker program? 65% – 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

    Know about Revenue Sharing of other Sub Broker Franchise

    Axis Direct Franchise Religare Securities Franchise Indiabulls Ventures Franchise
    5Paisa Franchise SBICap Securities Franchise JM Financial Franchise
    Upstox Franchise India Infoline Franchise Reliance Smart Money Franchise

    What is the SMC Global Business Partner Security Deposit requirement?

    SMC Global Franchise cost typically deals with only the sub-broker services. Now, SMC Global Sub Broker investment has an initial security deposit that the clients have to pay, which is between ₹50,000 – ₹1,00,000.

    Now, as they are not a Remisier or a Master Franchise, security deposits are not applicable. Neither it is relevant for Referral Programs as they don’t have that service either.

    SMC Global Franchise Security Deposit
    Check the SMC Global 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? NA

    What are the various Offers rolled out by SMC Global Authorised Person Program?

    SMC Global Franchise offers a flexible revenue sharing plan, which works out perfectly for their clients.

    However, some of the crucial offers are not available for their clients. Some noteworthy mentions are offers related to flat revenue sharing, zero revenue sharing with prepaid, and zero deposits.

    Meanwhile, SMC Global Sub Broker offers ₹10,000 as an initial investment from their end, which will always keep the clients interested.

    SMC Global Sub Broker Offers
    Here are the list of SMC Global 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

    Check out the various offers of other Sub Broker Providers

    Aditya Birla Money Franchise Karvy Franchise Sharekhan Franchise
    Monarch Networth Franchise Motilal Oswal Franchise Swastika Investmart Franchise
    Tradebulls Securities Franchise Angel Broking Franchise Shriram Insight Franchise

    What are the various Supports provided to SMC Global Business Partner?

    When it comes to SMC Global Franchise support, they lack a few essential services. Most noticeable services among them are the lack of Acquisition Training, Dealing Training, Advisory support, and Marketing support.

    However, SMC Global Partner support includes services like Product Training, Back-Office support, and trading support.

    SMC Global Business Partner Support
    Here are the various Support SMC Global 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? No
    Does the broking house provide Marketing Support to their sub brokers? No

    Which is the Infrastructure required for SMC Global Sub Broker Program?

    The SMC Global Partner requirement program has some parameters that you need to fulfil if you want to become a partner.

    You need at least two employees to work for them for starters. To add to that, you must have Trading Terminals and need a stable internet connection.

    Also, you must own a telephone connection that represents your business. Finally, the office area must be more than 250 square feet, which is a part of SMC Global Sub Broker Infra requirement.

    Meanwhile, they have a dedicated research service, so this is not mandatory for you.

    SMC Global Partner Infrastructure Requirement
    Find the various Infra required to take up SMC Global 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 mandatory to provide Research Services by Sub Broker? No
    How much is the size of Office Area required to become a Sub Broker? Minimum 250 Sq Ft

    Find out the basic requirements of other Stock Broking Franchise

    Anand Rathi Franchise Kotak Securities Franchise Shri Parasram Holdings Franchise
    Ventura Securities Franchise Zerodha Franchise Prabhudas Lilladher Franchise
    Nirmal Bang Franchise ICICI Direct Franchise Profitmart Securities Franchise

    What are the Eligibility Criteria to Become SMC Global Partner?

    Before you choose to apply to become a partner, you should check the SMC Global Sub Broker eligibility criteria:

    • First, it is mandatory and rightful to be a registered member of SEBI.
    • Second, you must be an adult. That is, you must be 18 years of age bare minimum to apply. Having a graduation degree will increase your chances for sure.
    • Third, if you hold a degree or certification in regards to the financial or stock market, you will have a better chance.
    • Lastly, SMC Global Sub Broker Franchise eligibility criteria are incomplete if you have any dubious financial or social background. So, apply if you are clean.

    What is the brokerage charges levied to the Clients of SMC Global Partners?

    The SMC Global Authorised Person charges 0.03% – 0.04% as Equity Intraday, while the fees for Equity Delivery is between 0.20% – 0.40%.

    Now, the SMC Global Partner charges for Equity Options is ₹70 per lot, while, for Currency Options, they charge ₹20 per lot.

    Next in line is  Equity Futures, for which they charge somewhere between 0.03% – 0.04%, and for Currency Futures, they impose a fee between 0.03% – 0.04%.

    Last but not least is the fee for Commodities, which ranges between 0.03% – 0.04%.

    SMC Global Sub Broker – Brokerage Charges to Clients
    Here are the brokerage charges levied by SMC Global Sub Broker to their clients
    What are Equity Intraday charges? 0.03% – 0.04%
    How much are Equity Delivery charges? 0.20% – 0.40%
    How much is the charge levied on Equity Options? Rs.70 per Lot
    How much are the Currency Options charges? Rs.20 per Lot
    What are Equity Futures charges? 0.03% – 0.04%
    What are the charges levied on Currency Futures? 0.03% – 0.04%
    What are the charges levied on Commodity Trading? 0.03% – 0.04%

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

    SMC Global Franchise charges ₹1,000 to open an account with them. Now, this can be frustrating for the clients as it is free to 50% of companies.

    The minimum margin money threshold is ₹10,000, which is again on the higher side, while some companies don’t have such limitations.

    While SMC Global Sub Broker charges ₹300 per annum for the AMC of the Demat accounts, the cost of AMC of the Trading account is zero.

    However, there are transaction fees, which is usually 0.003250%.

    SMC Global Franchise – Account Opening Charges to Clients
    Here are the account opening charges levied by SMC Global Franchise to their clients
    What are the Account Opening Charges? Rs.1000
    What is the Margin Money required? Rs.10,000
    What is the charge for Demat AMC? Rs.300 per Annum
    how much are Trading AMC charges? Zero
    How much is the Transaction Charges levied? 0.00%

    What is the Customer Ratings of SMC Global Authorised Person Program?

    The overall SMC Global Franchise Ratings is 3.2 out of 5, which is to some extent below the expected line. Anything equal to or above 3.5 out of 5, is typically considered as a company which is advised to be associated with.

    Having said so, they offer a sturdy mobile app and trading platforms, for which people voted 3.3 out of 5. The revenue-sharing model has got 3.1 out of 5, and shockingly, just 2.9 out of 5 when it comes to security deposits.

    The clients, however, valued their experience level and voted 3.2 out of 5. On the other hand, SMC Global Sub Broker Review for the offers they provide is 3.0 out of 5, something which is way below industry standards.

    SMC Global Franchise Customer Ratings
    Find Client Ratings & Reviews against multiple parameters for SMC Global
    According to Revenue Sharing Model of the Franchisor 3.1 / 5
    Ratings as per Security Deposit provided by the company 2.9 / 5
    As per Experience in the Sub Broker Business 3.2 / 5
    As per Offers provided by the Broking Franchise 3.0 / 5
    Ratings as per Mobile Trading App & Trading Platforms 3.3 / 5
    Overall Ratings of the Sub Broker Franchise 3.2
    Star Ratings ★★★☆☆

    SMC Global Franchise Conclusion

    It is clear that the SMC Global Franchise is not a perfect company. That said, no company is perfect and flawed in some way or the other.

    So, as we have discussed their negative aspects quite a bit, we should end the conversation with something positive.

    SMC Global Sub Broker is a 25-year-old company. So, they have seen a lot of ups and downs in the industry and managed to sustain for so long.

    They believe in core sub-broker services, and that is what they are delivering. So, better we appreciate and trust the experience they hold in this domain.

    Get to know about other Sub Brokers in India

    Bonanza Portfolio Franchise Paytm Money Franchise SAMCO Franchise
    Edelweiss Franchise Asit C Mehta Franchise Geojit Finance Franchise
    Reliance Securities Franchise HDFC Securities Franchise Alice Blue Online Franchise

    Start your own Business Now! Become a Sub Broker. Fill up the Form

      Fill up the details below

      Choose a Service Become Sub Broker

      Most Read Articles

      Top 5 Stock Broking Referral Program
      Best Associate Partner or Remisier
      Top 10 Sub Broker Franchise
      Best Sub Brokership with Revenue Sharing
      Top Broking Franchise Marketing Support
      Best Sub Brokership with Franchise Cost
      Stock Broking Franchise Review
      Know About All Sub Broker Franchise



      Get 80% Revenue Sharing Now! Become Sub Broker

      Share your details & Become Sub Broker Now!

        Choose a Service
        Become Sub Broker

        Offer valid for limited time.


        Share your details & Open Demat A/C Now!

          Choose a Service
          Become Sub Broker

          Offer valid for limited time.


          Share your details & Get IPO Allotment Now!

            Choose a Service
            Become Sub Broker

            Offer valid for limited time.


            Share your details & Invest in PMS Now!

              Choose a Service
              Become Sub Broker

              Offer valid for limited time.