Wealth Discovery Franchise is absolutely a great option for their clients. It takes nearly 3-5 weeks for payout which is genuinely a good period and takes 33 days for SB code generation. You will be surprised to know that just Rs.50,000 to Rs.200,000 of the initial investment is good enough to start.
As a Wealth Discovery Sub Broker, you will also enjoy 60 percent to 85 percent of the revenue share. Wealth Discovery is a stock trading company that was established in 2010 by Rahul Agarwal. This private company has its headquarters in New Delhi.
| Wealth Discovery Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.200,000 |
| Revenue Sharing | 60% – 85% |
| Payout Time | 33 Days |
| SB Code Activation Time | 3-5 Weeks |
What do you know about Wealth Discovery Franchise?
| Wealth Discovery Business Partner Overview | |
| Here is the overview of Wealth Discovery Franchise | |
| What type of Company is it? – Public / Private | Private |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | New Delhi, Delhi |
| Who is the Founder? | Rahul Agarwal |
| What is the year of establishment? | 2010 |
| How many days does it take for SB Code Activation? | 3-5 Weeks |
| How many days/weeks it takes for Payout? | 33 Days |
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What are the various Business Models that Wealth Discovery Sub Broker Program provides?
| Wealth Discovery Franchise Business Models | |
| Know about various Business Models of Wealth Discovery | |
| 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 Wealth Discovery Sub Broker Revenue Sharing work?
| Wealth Discovery Sub Broker Revenue Sharing | |
| Find the details of Wealth Discovery Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 60% – 85% |
| 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 Wealth Discovery Business Partner Security Deposit requirement?
| Wealth Discovery Franchise Security Deposit | |
| Check the Wealth Discovery 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? | 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 Wealth Discovery Authorised Person Program?
| Wealth Discovery Sub Broker Offers | |
| Here is the list of Wealth Discovery 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? | Yes |
| 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 Wealth Discovery Business Partner?
| Wealth Discovery Business Partner Support | |
| Here are the various Support Wealth Discovery 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? | 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? | Yes |
| Does the broking house provide Marketing Support to their sub brokers? | No |
Which is the Infrastructure required for Wealth Discovery Sub Broker Program?
| Wealth Discovery Partner Infrastructure Requirement | |
| Find the various Infra required to take up Wealth Discovery Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 1 |
| Do the Sub Broker needs to provide Trading Terminals? | No |
| 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 Wealth Discovery Partners?
| Wealth Discovery Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Wealth Discovery Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.02% |
| How much are Equity Delivery charges? | 0.16% |
| How much is the charge levied on Equity Options? | Rs.16 per Lot |
| How much are the Currency Options charges? | Rs.10 per Lot |
| What are Equity Futures charges? | 0.02% |
| What are the charges levied on Currency Futures? | 0.02% |
| What are the charges levied on Commodity Trading? | NA |
What are the Account Opening Charges Levied to the clients of Wealth Discovery Sub Broker?
| Wealth Discovery Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Wealth Discovery Franchise to their clients | |
| What are the Account Opening Charges? | Rs.160 |
| What is the Margin Money required? | Minimum Rs.5,000 |
| What is the charge for Demat AMC? | Rs.160 per Annum |
| how much are Trading AMC charges? | Free |
| How much are the Transaction Charges levied? | 0.00% |
What are the Customer Ratings of the Wealth Discovery Authorised Person Program?
| Wealth Discovery Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Wealth Discovery | |
| According to Revenue Sharing Model of the Franchisor | 2.5 / 5 |
| Ratings as per Security Deposit provided by the company | 2.4 / 5 |
| As per Experience in the Sub Broker Business | 2.3 / 5 |
| As per Offers provided by the Broking Franchise | 2.4 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 2.3 / 5 |
| Overall Ratings of the Sub Broker Franchise | 2.3 / 5 |
| Star Ratings | ★★★☆☆ |
Wealth Discovery Franchise Conclusion
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