India Advantage Franchise / Sub Broker / Authorized Person / Partner ReviewLast Updated Date: Dec 02, 2022
India Advantage Franchise is well known broking franchise, growing at a decent rate.
The article aims to provide to you an understanding of the various business models, the revenue sharing policies and the various kinds of investments in the stock broker firm.
We will try to develop an insight into India Advantage Sub Broker and its working further by looking at some of the frequently asked questions.
India Advantage Franchise Ratings & Review by Top10StockBroker
|India Advantage Franchise Ratings|
|Products & Services||5.1/10|
About India Advantage Franchise
India Advantage is a full service broker established in the year 1990 by Pravin Mehta.
The headquarter office of the firm is situated in Mumbai, Maharashtra.
The SB code activation time is 31 days and the payout time is 33 days. Lets have a detailed understanding of India Advantage.
Become an Authorized Pers0n of India Advantage
Types of India Advantage Partnership Association
The above table tries to provide a brief understanding of the position that India Advantage holds in the stock brokerage industry.
The company provides two business models for the candidates and the clients to choose from according to their feasibility. The two business models are:
- Sub Broker / Authorised Person
- Referral Program
India Advantage Sub Brokers or India Advantage Authorized Person
The working of employees in this business model is looked over by SEBI. SEBI includes its participation, heavily in the appointment of the Authorised Person Franchise.
The Authorised Person Franchise is expected to help in the appointment process by proving his insights to the working members of NSE.
Benefits of the India Advantage Sub Broker Model:
- In the sub broker model, the user is eligible for some special benefits, the benefits can be availed to the user through the API.
- The revenue sharing in the Sub Broker model is very flexible and can be tailored according to the needs of the candidate and the client.
- Networking with people working in the same field comes as an added benefit. People add value to people.
- The amount of money to be invested in by the candidate is variable and the candidate can again, tailor it to his/her convenience.
India Advantage Referral Program
The referral program is especially beneficial for those candidates who wish to earn quick money in the stock brokerage industry.
The model works on the basis of the referrals made and earned. As the referrals are completed, revenue begins to flow.
Benefits of India Advanatge Referral Program:
- This model is works like a quick fix and requires no or minimal maintenance.
- The referral programme works on the basis of referrals earned. So prior experience is generally not needed.
- Unlike the sub broker model, that comes with low investment amounts. This model requires practically no investment.
- If no investment charges are applied, this naturally comes with no concrete maintenance.
India Advantage Partner Revenue Sharing or India Advantage Sub Broker Commission
The revenue sharing of both the working business models in the firm are very flexible in nature. A ratio of 55-75% is maintained between the candidate and client in the Sub Broker Model and 15% in the Referral Programme.
Refer to this Table for clear picture:
|Revenue Sharing||Clients Share||India Advantage Share|
|Sub Broker||50% – 75%||25% – 50%|
Find the list of Sub broker Franchise with decent revenue sharing models:
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Start your Broking Business with India Advantage
India Advantage Franchise Cost or Security Deposit
The security deposit works as an emergency fund basket in cases of major loss or crisis. The sub broker model requires a security deposit of atleast Rs.50,000- Rs.2,00,000.
The referral model comes with zero security deposit money as the revenue is earned mainly though referrals.
Check this table below for better understanding of India Advantage Stock Brokers Franchise Cost:
|Sub Broker||Rs.50,000 – Rs.200,000|
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India Advantage Franchise Infrastructure Set-up Cost
The infrastructural investment in the firm provides an insight on the level of organised work that is carried out by the candidate.
The firm specifies some minimum requirements in the name of infrastructure. A minimum office area of 150 sq. feet is necessary and a minimum strength of one employee. Research services are important.
A smooth internet connection and telephone lines’ connection is also essential for the smooth flow of information and uninterrupted flow of communication.
India Advantage Sub Broker Offers
Unlike firms that focus only on the revenue earned, India Advantage lys emphasis on the mutual development of the candidate and the client.
- Both the working models of the firm allow the revenue sharing model to the be tailored and customised.
- The revenue sharing models’ flexibility allows more people to work according to their convenience and without any hassle.
- The firm provides the incentives of a zero deposit option for the candidates.
India Advantage Franchise or India Advantage Authorized Person – Eligibility Criteria
A basic set of eligibility criterion are set to check not the competence level of the candidate but the good behind joining the firm. The eligibility criteria are as follows:
- A minimum graduate degree from a recognised institution. It proves the basic education needs can be fulfilled.
- Registration with SEBI works as a verification of the person.
- Peace of mind and a shared sense of responsibility for the well-being of the clients.
- An understanding of the working of revenue systems in the stock brokerage industry.
How to become a India Advantage Sub broker or Authorized Person?
Some simple procedures and guidelines need to be followed for the fulfilment of the process.
- An application form needs to be duly filled by the candidate with the verified details.
- An employee can intervene to help the candidate fill the form.
- A meeting discusses the aspects of the candidate in the firm and his work responsibilities.
- Documents that prove age, address, academic qualification, nationality and registration with SEBI are verified at this process.
- A broker ID is provided and the broker can start working.
Know about other stock broking franchise:
|JK Securities Franchise||Indianivesh Securities Franchise||Grovalue Securities Franchise|
|ISE Securities Franchise||India Advantage Franchise||Greenbucks Securities Franchise|
|Inventure Growth Franchise||Indbank Online Franchise||Goodwill Wealth Franchise|
Why Partner with India Advantage?
Established in 1990, the full time firm has made strides of development in the field of stock brokerage. Being a part of the firm provides not just a stable work occupation, it also provides a circle of trustworthy people.
- The circle of trustworthy people helps to create willingness to work and share.
- The network circle provides a advisory system that is very strong.
- The firm has strong data base backup systems with recovery systems that confirm that no loss of user data shall occur.
India Advantage Franchise Conclusion
India Advantage Franchise is providing very good services to its sub brokers. They have decent offers & also developing new ones to attract more clients.
India Advantage Sub Broker Program is definitely a decent option, if you are looking for steady growth.
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Start your Broking Business with India Advantage
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