Wellworth Share Franchise or Sub Broker – Find Revenue Sharing, Security Deposit and more

Wellworth Share Franchise takes only 25 days to declare the pay-out. 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

Wellworth Share Franchise SubBroker


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

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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

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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

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What is the brokerage charges levied to 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 is 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 is the Transaction Charges levied? 0.00313% of Total Turnover

What is the Customer Ratings of 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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