Wellworth Share Franchise takes only 25 days to declare the payout. In comparison to that, the time taken to activate the sub-broker code is 34, which is a bit more.
The Wellworth Share Sub Broker Program has a rule that traders should pay at least Rs.50,000 as the minimum investment amount and Rs.100,000 as the maximum amount for investment. The company gives you an opportunity to have a revenue share of 50% to 70%.
Full-service Broking Company Wellworth Share got acceptance in the year 1996 at Mumbai. The founder of the company Mr. Bhavesh Ramniklal Mehta designed the company to work on sub- broking business model.
| Wellworth Share Sub Broker Highlight | |
| Top Business Model | Sub Broker |
| Initial Investment Required | Rs.50,000 – Rs.1 Lakh |
| Revenue Sharing | 50% to 70% |
| Payout Time | 25 Days |
| SB Code Activation Time | 34 Days |
What do you know about Wellworth Share Franchise?
| Wellworth Share Business Partner Overview | |
| Here is the overview of Wellworth Share Franchise | |
| What type of Company is it? – Public / Private | Public |
| What is the Broker type? | Full Service Broker |
| Where is the Headquarter located? | Mumbai, India |
| Who is the Founder? | Bhavesh Ramniklal Mehta |
| What is the year of establishment? | 1996 |
| How many days does it take for SB Code Activation? | 34 Days |
| How many days/weeks it takes for Payout? | 25 Days |
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What are the various Business Models that Wellworth Share Sub Broker Program provides?
| Wellworth Share Franchise Business Models | |
| Know about various Business Models of Wellworth Share | |
| 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 Wellworth Share Sub Broker Revenue Sharing work?
| Wellworth Share Sub Broker Revenue Sharing | |
| Find the details of its Sub Broker Commission for all Business Models | |
| What is the revenue sharing for Sub Broker program? | 50% to 70% |
| 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 Wellworth Share Business Partner Security Deposit requirement?
| Wellworth Share Franchise Security Deposit | |
| Check the Wellworth Share Franchise cost requirement for each business model | |
| How much is security deposit required for Sub Broker Program? | Rs.50,000 – Rs.1 Lakh |
| 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 Wellworth Share Authorised Person Program?
| Wellworth Share Sub Broker Offers | |
| Here is the list of Wellworth Share 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? | Yes |
Check out the various offers of other Sub Broker Providers
What are the various Supports provided to Wellworth Share Business Partner?
| Wellworth Share Business Partner Support | |
| Here are the various Support Wellworth Share 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? | Yes |
| 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 Wellworth Share Business Associate?
| Wellworth Share Partner Infrastructure Requirement | |
| Find the various Infra required to take up Wellworth Share Franchise | |
| What is the Employee Strength needed to start this franchise? | Minimum 3 |
| 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? | Yes |
| 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 200 Sq Ft |
Find out the basic requirements of other Stock Broking Franchise
What are the brokerage charges levied on the Clients of Wellworth Share Partners?
| Wellworth Share Sub Broker – Brokerage Charges to Clients | |
| Here are the brokerage charges levied by Wellworth Share Sub Broker to their clients | |
| What are Equity Intraday charges? | 0.021% |
| How much are Equity Delivery charges? | 0.21% |
| How much is the charge levied on Equity Options? | Rs.21 per Lot |
| How much are the Currency Options charges? | Rs.21 per Lot |
| What are Equity Futures charges? | 0.021% |
| What are the charges levied on Currency Futures? | 0.021% |
| What are the charges levied on Commodity Trading? | 0.021% |
What are the Account Opening Charges Levied to the clients of Wellworth Share Sub Broker?
| Wellworth Share Franchise – Account Opening Charges to Clients | |
| Here are the account opening charges levied by Wellworth Share Franchise to their clients | |
| What are the Account Opening Charges? | Rs.239 |
| What is the Margin Money required? | Minimum Rs.1,000 |
| What is the charge for Demat AMC? | Rs.239 per Annum |
| how much are Trading AMC charges? | Free |
| How much are the Transaction Charges levied? | 0.00313% of Total Turnover |
What are the Customer Ratings of the Wellworth Share Authorised Person Program?
| Wellworth Share Franchise Customer Ratings | |
| Find Client Ratings & Reviews against multiple parameters for Wellworth Share | |
| According to Revenue Sharing Model of the Franchisor | 3.2 / 5 |
| Ratings as per Security Deposit provided by the company | 3.1 / 5 |
| As per Experience in the Sub Broker Business | 3.5 / 5 |
| As per Offers provided by the Broking Franchise | 3.2 / 5 |
| Ratings as per Mobile Trading App & Trading Platforms | 3.5 / 5 |
| Overall Ratings of the Sub Broker Franchise | 3.3 / 5 |
| Star Ratings | ★★★☆☆ |
Wellworth Share Business Associate Conclusion
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