From its start-up, SPFL Securities Franchise was clear with its vision which is why it kept the payout time quite reasonable, which is only 30 days. On the other hand, the time needed to activate the Sub broker code is 40 days and which is considered a bit longer.
SPFL Securities Sub Broker has to be prepared with an initial amount of Rs.50,000 but there is nothing fixed for the maximum amount. The company leverages clients to have 60% – 75% of the revenue sharing. SPFL Securities is a public full-service broking company founded by Mr. Padam Kumar Jain in the year 1995 in New Delhi.
| SPFL Securities Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 Onwards |
| Revenue Sharing | 60% – 75% |
| Payout Time | 30 Days |
| SB Code Activation Time | 40 Days |
What do you know about SPFL Securities Franchise?
| SPFL Securities Business Partner Overview | |
| Here is the overview of SPFL Securities 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,India |
| Who is the Founder? | Padam Kumar Jain |
| What is the year of establishment? | 1995 |
| How many days does it take for SB Code Activation? | 40 Days |
| How many days/weeks it takes for Payout? | 30 Days |
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What are the various Business Models that SPFL Securities Sub Broker Program provides?
| SPFL Securities Franchise Business Models | |
| Know about various Business Models of SPFL 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? | No |
How does SPFL Securities Sub Broker Revenue Sharing work?
| SPFL Securities 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? | 60% – 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
What is the SPFL Securities Business Partner Security Deposit requirement?
| SPFL Securities Franchise Security Deposit | |
| Check the SPFL Securities Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 Onwards |
| 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 SPFL Securities Authorised Person Program?
| SPFL Securities Sub Broker Offers | |
| Here is the list of SPFL 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? | 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
What are the various Supports provided to SPFL Securities Business Partner?
| SPFL Securities Business Partner Support | |
| Here are the various Support SPFL Securities Franchise needs to provide to their clients | |
| Do they provide Acquisition Training to their associates? | Yes |
| Do they provide Training for Dealers of their sub brokers? | Yes |
| 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 SPFL Securities Business Associate?
| SPFL Securities Partner Infrastructure Requirement | |
| Find the various Infra required to take up SPFL Securities Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 3 |
| 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? | No |
| How much is the size of Office Area required to become a Sub Broker? | Minimum 200 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of SPFL Securities Partners?
| SPFL Securities Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by SPFL Securities Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.036% |
| How much are Equity Delivery charges? | 0.36% |
| How much is the charge levied on Equity Options? | Rs.36 per Lot |
| How much are the Currency Options charges? | Rs.36 per Lot |
| What are Equity Futures charges? | 0.036% |
| What are the charges levied on Currency Futures? | 0.036% |
| What are the charges levied on Commodity Trading? | 0.036% |
What are the Account Opening Charges Levied to the clients of SPFL Securities Sub Broker?
| SPFL Securities Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by SPFL Securities Franchise to their clients | |
| What are the Account Opening Charges? | Free |
| What is the Margin Money required? | Minimum Rs.7,000 |
| What is the charge for Demat AMC? | Rs.360 per Annum |
| how much are Trading AMC charges? | Rs.150 per Annum |
| How much is the Transaction Charges levied? | 0.00312% of Total Turnover |
What are the Customer Ratings of SPFL Securities Authorised Person Program?
| SPFL Securities Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for SPFL Securities | |
| According to Revenue Sharing Model of the Franchisor | 3.2 / 5 |
| Ratings as per Security Deposit provided by the company | 3.1 / 5 |
| As per Experience in the Sub Broker Business | 3.5 / 5 |
| As per Offers provided by the Broking Franchise | 3.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 3.5 / 5 |
| Overall Ratings of the Sub Broker Franchise | 3.3 / 5 |
| Star Ratings | ★★★☆☆ |
SPFL Securities Business Associate Conclusion
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