Wealth Discovery Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

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 which 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

Wealth Discovery Franchise SubBroker


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

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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

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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

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What is the brokerage charges levied to 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 is 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 is the Transaction Charges levied? 0.00%

What is the Customer Ratings of 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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