Unlock Wealth Franchise prefers clients with decent communication skills & good understanding of the stock market. Rs.50,000 to Rs.100,000 of the initial investment is good enough to give the sub-brokers of Unlock Wealth Securities a head start.
50 percent to 70 percent is the revenue share you can gain as the sub-broker of the broking house. Unlock Wealth Securities Sub Broker faces an SB code validation period of just 28 days. 30 days are the payout period for the sub-brokers of Unlock Wealth Securities.
Alok Tulsiyan founded this publicly listed company in 2000 which has its headquarter in Kanpur, Uttar Pradesh. Their business model of having sub-brokers is highly efficient and appreciable.
| Unlock Wealth Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.100,000 |
| Revenue Sharing | 50% – 70% |
| Payout Time | 30 Days |
| SB Code Activation Time | 28 Days |
What do you know about Unlock Wealth Franchise?
| Unlock Wealth Business Partner Overview | |
| Here is the overview of Unlock Wealth Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Kanpur, U.P |
| Who is the Founder? | Alok Tulsyan |
| What is the year of establishment? | 2000 |
| How many days does it take for SB Code Activation? | 28 Days |
| How many days/weeks it takes for Payout? | 30 Days |
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What are the various Business Models that Unlock Wealth Sub Broker Program provides?
| Unlock Wealth Franchise Business Models | |
| Know about various Business Models of Unlock Wealth | |
| 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 Unlock Wealth Sub Broker Revenue Sharing work?
| Unlock Wealth Sub Broker Revenue Sharing | |
| Find the details of Unlock Wealth 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 the 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 Unlock Wealth Business Partner Security Deposit requirement?
| Unlock Wealth Franchise Security Deposit | |
| Check the Unlock Wealth 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? | Rs.200,000 – Rs.400,000 |
| What is the deposit required for Partner / Remisier Model? | NA |
What are the various Offers rolled out by Unlock Wealth Authorised Person Program?
| Unlock Wealth Sub Broker Offers | |
| Here is the list of Unlock Wealth Franchise offers available to the clients | |
| Do they provide Flexible Revenue Sharing offer? | Yes |
| Are they supplying 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 |
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What are the various Supports provided to Unlock Wealth Business Partners?
| Unlock Wealth Business Partner Support | |
| Here are the various Support Unlock Wealth 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? | No |
| 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 Unlock Wealth Sub Broker Program?
| Unlock Wealth Partner Infrastructure Requirement | |
| Find the various Infra required to take up Unlock Wealth 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? | No |
| 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 |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Unlock Wealth Partners?
| Unlock Wealth Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Unlock Wealth Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.03% |
| How much are Equity Delivery charges? | 0.29% |
| How much is the charge levied on Equity Options? | Rs.29 per Lot |
| How much are the Currency Options charges? | Rs.19 per Lot |
| What are Equity Futures charges? | 0.03% |
| What are the charges levied on Currency Futures? | 0.03% |
| What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of Unlock Wealth Sub Broker?
| Unlock Wealth Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Unlock Wealth Franchise to their clients | |
| What are the Account Opening Charges? | Zero |
| What is the Margin Money required? | Zero Margin |
| What is the charge for Demat AMC? | Rs.290 per Annum |
| how much are Trading AMC charges? | Free |
| How much is the Transaction Charges levied? | 0.00% |
What are the Customer Ratings of Unlock Wealth Authorised Person Program?
| Unlock Wealth Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Unlock Wealth | |
| According to Revenue Sharing Model of the Franchisor | 2.5 / 5 |
| Ratings as per Security Deposit provided by the company | 2.2 / 5 |
| As per Experience in the Sub Broker Business | 2.4 / 5 |
| As per Offers provided by the Broking Franchise | 2.4 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.2 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.4 / 5 |
| Star Ratings | ★★★☆☆ |
Unlock Wealth Franchise Conclusion
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