Stewart & Mackertich WMS Franchise which shares 60 to 80 percent of revenue with their sub-brokers, was established in 1993. This private company is preferred by Stewart & Mackertich WMS Sub Broker as it has a payout period of just 35 days.
Their SB code validation time is just 35 days. Established by Santosh Dadeech in Kolkata, West Bengal, this company needs you to just invest Rs.50,000 to Rs.200,000 as an initial investment. This company is can be a great choice for any sub-brokers out there. It is a company that sub-brokers should prefer.
| Stewart & Mackertich WMS Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 60% – 80% |
| Payout Time | 35 Days |
| SB Code Activation Time | 35 Days |
What do you know about Stewart & Mackertich WMS Franchise?
| Stewart & Mackertich WMS Business Partner Overview | |
| Here is the overview of the Stewart & Mackertich WMS Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Kolkata, West Bengal |
| Who is the Founder? | Santosh Dadeech |
| What is the year of establishment? | 1993 |
| How many days does it take for SB Code Activation? | 35 Days |
| How many days/weeks it takes for Payout? | 35 Days |
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What are the various Business Models that Stewart & Mackertich WMS Sub Broker Program provide?
| Stewart & Mackertich WMS Franchise Business Models | |
| Know about various Business Models of Stewart & Mackertich WMS | |
| Is the Sub Broker business model available? | Yes |
| Do they provide Referral Program? | Yes |
| Do they provide Master Franchise Model? | No |
| Does this broker provide Partner / Remisier model? | No |
How does Stewart & Mackertich WMS Sub Broker Revenue Sharing work?
| Stewart & Mackertich WMS Sub Broker Revenue Sharing | |
| Find the details of Stewart & Mackertich WMS 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? | 10% |
| How much is the revenue sharing Master Franchise business? | NA |
| How much is the revenue sharing required for Partner / Remisier model? | NA |
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What is the Stewart & Mackertich WMS Business Partner Security Deposit requirement?
| Stewart & Mackertich WMS Franchise Security Deposit | |
| Check the Stewart & Mackertich WMS Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.200,000 |
| Is there any security deposit required for Referral Program? | Zero |
| 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 Stewart & Mackertich WMS Authorised Person Program?
| Stewart & Mackertich WMS Sub Broker Offers | |
| Here are the list of Stewart & Mackertich WMS 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? | No |
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What are the various Supports provided to Stewart & Mackertich WMS Business Partner?
| Stewart & Mackertich WMS Business Partner Support | |
| Here are the various Support Stewart & Mackertich WMS 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? | 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 Stewart & Mackertich WMS Sub Broker Program?
| Stewart & Mackertich WMS Partner Infrastructure Requirement | |
| Find the various Infra required to take up Stewart & Mackertich WMS Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 1 |
| Do the Sub Broker needs to provide Trading Terminals? | Yes |
| Is the Internet Connection mandatory to take up franchise? | No |
| Are Telephone Lines mandatory for Business Partners? | No |
| 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 100 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Stewart & Mackertich WMS Partners?
| Stewart & Mackertich WMS Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Stewart & Mackertich WMS Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.04% |
| 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? | 0.04% |
| What are the charges levied on Currency Futures? | 0.04% |
| What are the charges levied on Commodity Trading? | 0.04% |
What are the Account Opening Charges Levied to the clients of Stewart & Mackertich WMS Sub Broker?
| Stewart & Mackertich WMS Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Stewart & Mackertich WMS Franchise to their clients | |
| What are the Account Opening Charges? | Rs.250 |
| What is the Margin Money required? | Minimum Rs.5,100 |
| 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 are the Customer Ratings of the Stewart & Mackertich WMS Authorised Person Program?
| Stewart & Mackertich WMS Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Stewart & Mackertich WMS | |
| According to Revenue Sharing Model of the Franchisor | 2.3 / 5 |
| Ratings as per Security Deposit provided by the company | 2.5 / 5 |
| As per Experience in the Sub Broker Business | 2.2 / 5 |
| As per Offers provided by the Broking Franchise | 2.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.3 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
| Star Ratings | ★★★☆☆ |
Stewart & Mackertich WMS Franchise Conclusion
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