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Profitmart Franchise / Sub Broker / Partner / Authorised Person Review

Profitmart Franchise is an emerging stock broking house in India delivers distinct investment related products such as equities, derivatives, currency, mutual funds, commodities, real estate, and IPO.

The company strives to offer systematized trading software coupled with constructive investing tools which eventually enable the investors to maximize the profit. The company also assures to offer first-rate technology and services.

The article introduces about Profitmart Sub Broker Program, its customer ratings and reviews, offers, support and more.

Profitmart Securities Franchise Offers


Profitmart Franchise Customer Ratings & Review

Profitmart Franchise Ratings
CriteriaRatings
Experience5.0/10
Market Share3.5/10
Products & Services8.0/10
Revenue Sharing8.0/10
Holistic Support6.2/10
Overall Ratings6.14/10
Star Ratings★★★

About Profitmart Franchise

Profitmart started its operations in the year 2010 in Mumbai b Rakesh Prakash Sonawane. Profitmart is a full-service stock broking firm and was formerly known as M3Multiple Securities Brokers Pvt.Ltd.

The Company is highly dedicated to offer first-rate technology, services, and infrastructure to the customers. The company even ensures to offer 100% revenue sharing to the sub-brokers. Profitmart is a single trading platform for the customers trading in equities, futures and options, currency and commodities.


Become an Authorized Person of Profitmart

Fill Your Details Here
  1. Become Sub BrokerOpen Demat Account


Profitmart Franchise Business Models:

The Broking house provides only 1 business model –

  • Sub-Broker

Profitmart Sub Broker or Authorized Person

Profitmart offers only one business model i.e. sub-broker business model. In this model, the company offers an opportunity to the candidates looking for a partnership with the Profitmart for expanding their business in all over the cities of the country.

For expanding their business, the company offers a free trading platform to the clients of sub-brokers and proper client’s acquisition support to the sub-broker. The candidate can easily become the sub-broker of the Profitmart securities by following a simple registration process and getting themselves registered with SEBI.

Benefits of Profitmart Sub Broker or Authorized Person

  • Sub-brokers can easily acquire more clients as they are working under ‘Award Winning Broker’
  • Effortless Registration Procedure
  • Proper comprehensive on boarding and client acquisition support is offered to them
  • Zero account opening fees

Profitmart Sub Broker Commission or Revenue Sharing Model

Profitmart is the emerging stock broking firm and believes in expanding its business in various systems with the support of the franchise system. The company perceives that its business can be expanded only by retain sub-brokers of the company in various cities of the country.

The company appreciated the hard work done by the sub-brokers while acquiring more customers for the company. In order to encourage the sub-brokers the company offer revenue sharing ratio to the sub-brokers for their huge efforts.

Revenue sharing ratio of the sub-brokers of Profitmart ranges from 40-70%. But it also offers 100% revenue sharing in some cases for a limited time. The revenue sharing ratio of the Profitmart is entirely negotiable.

Check this table below to understand commission sharing better:

Revenue SharingClients ShareProfitmart’s Share
Sub Broker40%-70%30% – 60%

Start your Broking Business with Profitmart

Fill Your Details Here
  1. Become Sub BrokerOpen Demat Account


Profitmart Franchise Cost or Security Deposit

The security deposit cost is the amount sub-brokers has to pay before starting their business with the Profitmart.

The minimum security deposit cost of the sub-brokers is 70000 and it can be maximized up to. The revenue sharing ratio relies on the amount of the security deposit paid by the sub-brokers.

The more the security deposit cost, the more will be the revenue sharing ratio of the sub-brokers. It can also be negotiable. The amount of the security deposit is entirely refundable and will be paid back to the sub-brokers once they will leave the company.

Below table gives a better perspective of Profitmart deposit amount:

Security Deposit
Sub BrokerRs. 70000

These Sub Broker Franchise  ask for low Security Deposits:

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Profitmart Franchise Infrastructure Set-up Cost

The infrastructure requirements of the sub-brokers of Profitmart are as follows:-

  • The sub-brokers of Profitmart should maintain the office area of a minimum 300 SqFt
  • Sub-brokers of Profitmart should have minimum of 3 employees in their company for assisting the customers
  • The sub-brokers of Profitmart should have internet connectivity in their office
  • Trading terminal and feasible landline connection is also mandatory for them to maintain in their office

Profitmart Broking Franchise Offers

Some of the offers provided by the Profitmart for encouraging the candidates to apply for the sub-broker ship with the company are given below:-

  • Free Demat Account services
  • Flexible brokerage plan
  • Broadened credit duration
  • Cashback offers for the brokerage services
  • Diminished margin money requirements

Find more eligibility criteria of other stock broking franchise:

Just Trade FranchiseKarvy FranchiseIFCI FranchiseReligare Securities Franchise
Geojit FranchiseEdelweiss FranchiseNarnolia FranchiseAnand Rathi Franchise

Profitmart Franchise Eligibility Criteria

  • Foremost criteria of sub-broker business are to get registration with SEBI
  • The candidate applying for sub-broker business should be of minimum 18 years of age
  • Candidate should possess’ valid graduation degree. Post-graduation degree will also be preferred.
  • The candidate should have minimum of 2 years of experience in stock and trading market
  • Candidate should have all the valid documents needed for sub-broker business
  • The candidate should have good communication skills to communicate effectively with the customers

How to become Profitmart Sub Broker or Authorized Person?

  1. Mention the details asked in the lead form given here
  2. The company executive will get in touch with you for confirming your interest and your educations
  3. After confirming your interest and education, Profitmart executive will take the matter ahead
  4. The sales executive will ask you to arrange a meeting for discussing the terms and conditions of sub-broker business, revenue sharing ratio, security deposit cost and other matters related to sub-brokers hip business
  5. You will be asked to provide documents required to start a sub-broker business with Profitmart
  6. Profitmart will verify your documents and your background
  7. After verification, your account will be activated in 3-4 days

Documents required to become Profitmart Authorised Person

List of documents required to start Profitmart Sub broker program:

  • Passport size photos
  • Pan card
  • Aadhar card
  • Address proof
  • Age proof
  • Canceled Cheque/ Bank statement
  • Qualification degree
  • Proof of Date of Birth
  • Registration certificate with SEBI/STOCK EXCHANGE

Check the list of Stock Market Franchise with quick Sub Broker tag generation process:

SMC FranchiseIIFL FranchiseIDBI Direct FranchiseVentura Securities Franchise
Just Trade FranchiseNirmal Bang FranchiseSykes & Ray FranchiseSki Capital Franchise


Why Partner with Profitmart Ltd?

  • The sub-brokers get an opportunity to diversify their income by offering company multiple product and services
  • Dedicated relationship manager of Profitmart will help the sub-brokers to maximize their income
  • Sub-brokers will get timely monthly payouts
  • Profitmart help the sub-brokers by offering them comprehensive on-boarding support
  • The sub-broker will get an opportunity to work with an award-winning broker

Profitmart Franchise Conclusion

It is a feasible option for the sub-brokers to work with Profitmart as the company is known as Award Winning Broker. Through working with Award-Winning Broker sub-brokers could easily expand their business.

The company also help sub-broker to maximize their income by offering them feasible offers such as proper customer acquisition support, back-office support, free advance trading software for the customers of sub-brokers, dedicated relationship managers and timely monthly payouts.

With these offers, sub-broker can expand their business and maximize their revenue sharing ratio by acquiring more clients for the company


Check the list of Stock Market Franchise with quick Sub Broker tag generation process:

SMC FranchiseIIFL FranchiseIDBI Direct FranchiseVentura Securities Franchise
Just Trade FranchiseNirmal Bang FranchiseSykes & Ray FranchiseSki Capital Franchise

Start your Broking Business with Profitmart Franchise Program

Fill Your Details Here
  1. Become Sub BrokerOpen Demat Account


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