Veracity Finance Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

Veracity Finance company is the pioneer of stocking trading market. Veracity Finance Franchise can be yours if you have an initial investment amount of around Rs.50,000 to Rs.250,000. 60 percent to 80 percent is the revenue share you will get as the Veracity Finance Sub Broker.

This Ahmedabad, Gujarat based stock trading company is founded by Pramit Bharatkumar Brahmbhatt in 2012. The broking house takes 3 weeks to 4 weeks for SB code validation and has a payout period of 28 days which is reasonable. It is a company which has a good growth record.

Veracity Finance Sub Broker Highlight
Top Business Model Sub Broker
Initial Investment Required Rs.50,000 – Rs.250,000
Revenue Sharing 60% – 80%
Payout Time 3-4 Weeks
SB Code Activation Time 28 Days

Veracity Finance Franchise SubBroker


What do you know about Veracity Finance Franchise?

Veracity Finance Business Partner Overview
Here is the overview of Veracity Finance Franchise
What type of Company is it? – Public / Private Private
What is the Broker type? Full Service Broker
Where is the Headquarter located? Ahmedabad, Gujarat
Who is the Founder? Pramit Bharatkumar Brahmbhatt
What is the year of establishment? 2012
How many days does it take for SB Code Activation? 28 Days
How many days/weeks it takes for Payout? 3-4 Weeks

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What are the various Business Models that Veracity Finance Sub Broker Program provides?

Veracity Finance Franchise Business Models
Know about various Business Models of Veracity Finance
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 Veracity Finance Sub Broker Revenue Sharing work?

Veracity Finance Sub Broker Revenue Sharing
Find the details of Veracity Finance 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 Veracity Finance Business Partner Security Deposit requirement?

Veracity Finance Franchise Security Deposit
Check the Veracity Finance Franchise cost requirement for each business model
How much is security deposit required for Sub Broker Program? Rs.50,000 – Rs.250,000
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 Veracity Finance Authorised Person Program?

Veracity Finance Sub Broker Offers
Here is the list of Veracity Finance 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? No
Are they offering 10k Initial Deposit scheme? No

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What are the various Supports provided to Veracity Finance Business Partner?

Veracity Finance Business Partner Support
Here are the various Support Veracity Finance 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? Yes
Does the broking house provide Marketing Support to their sub brokers? No

Which is the Infrastructure required for Veracity Finance Sub Broker Program?

Veracity Finance Partner Infrastructure Requirement
Find the various Infra required to take up Veracity Finance 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 120 Sq Ft

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What is the brokerage charges levied to the Clients of Veracity Finance Partners?

Veracity Finance Sub Broker – Brokerage Charges to Clients
Here are the brokerage charges levied by Veracity Finance Sub Broker to their clients
What are Equity Intraday charges? 0.04%
How much are Equity Delivery charges? 0.35%
How much is the charge levied on Equity Options? Rs.35 per Lot
How much are the Currency Options charges? Rs.35 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 is the Account Opening Charges Levied to the clients of Veracity Finance Sub Broker?

Veracity Finance Franchise – Account Opening Charges to Clients
Here are the account opening charges levied by Veracity Finance Franchise to their clients
What are the Account Opening Charges? Zero
What is the Margin Money required? Minimum Rs.5,000
What is the charge for Demat AMC? Rs.350 per Annum
how much are Trading AMC charges? Free
How much is the Transaction Charges levied? 0.00%

What is the Customer Ratings of Veracity Finance Authorised Person Program?

Veracity Finance Franchise Customer Ratings
Find Client Ratings & Reviews against multiple parameters for Veracity Finance
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 ★★★☆☆

Veracity Finance Franchise Conclusion

 


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