Steel City Securities Franchise / Sub Broker / Authorized Person / Partner Review
Last Updated Date: Sep 01, 2023Steel City Securities Franchise is one of the full-service brokerage firms available in the country. The company offers all kind of brokerage services to the investors and customers at the best possible prices.
In this article, we will discuss Steel City Securities Sub Broker Program, its customer ratings, business models, revenue sharing models, offers, security deposit and more.
Steel City Securities Franchise Ratings & Review by Top10StockBroker
Steel City Securities Franchise Ratings | |
Criteria | Ratings |
Experience | 5.4/10 |
Market Share | 5.2/10 |
Products & Services | 5.3/10 |
Revenue Sharing | 5.1/10 |
Holistic Support | 5.2/10 |
Overall Ratings | 5.2/10 |
Star Ratings | ★★★★★ |
About Steel City Securities Franchise
Steel City Securities is a popular and known broking house that avails fine and relevant financial services for the clients or investors.
The company offers full-brokerage services to clients who are looking for financial services at nominal prices. The reliable broking house was established by Sushil Narendra Shah in the year 1986.
Also, it’s headquarters are available in Mumbai, Maharashtra. The sb code activation time for Steel City Securities broking house is 33 days and payout time is 26 days.
Become an Authorized Person of Steel City Securities
Types of Steel City Securities Partnership Association
Steel City Securities is a renowned and well-known brokerage service offering company. It normally assists people with financial services.
The company not only offer quality financial services but also offer business opportunities to investors. It normally avails business models for the clients or investors wants to make good financial well-being.
The business model offered by the broking house is described below-
- Sub-broker / Authorised Person
The company offers only a sub-broker business model for the growth of the investor’s financial well-being.
Steel City Securities Sub Brokers or Steel City Securities Authorized Person
Steel City Securities is a leading stockbroking service providing company. It allows experienced investors to work with them to increase their own worth and promote the company as well.
The interested sub-brokers can make use of the company’s business model in order to make good earnings in a very limited time period.
Sub-brokers can make a good amount of money with the help of the company’s business model. The company has designed the sub-broker business model with several benefits.
The franchise model act as a monopoly kind of business in which multiple sub-brokers can work with ease.
Benefits of the Steel City Securities Sub Broker Model:
The advantages associated with the Steel City Securities sub-broker business model are listed below-
- Strong credibility.
- Easy and flexible online account opening process.
- Minimum investment amount to be submitted.
- Transparent and fine revenue share model is available.
Steel City Securities Partner Revenue Sharing or Steel City Securities Sub Broker Commission
Steel City Securities is a reliable and leading stockbroking company available in India. It offers flexible revenue sharing to all the sub-brokers. The company’s revenue sharing model is briefly described below-
The Steel City Securities broking house has customised very convenient and simple revenue sharing model for all of its investors or authorised persons.
Normally, the total revenue made by the authorised persons or sub-brokers is divided between broking house and sub-brokers as per the terms are given below-
The broking house normally provides sub-brokers with a revenue share between the range of 60% to 75%. Also, revenue sharing is done according to the submitted security deposit.
Refer to this Table for clear picture:
Revenue Sharing | Clients Share | Steel City Securities Share |
Sub Broker | 60% – 75% | 40% – 25% |
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Start your Broking Business with Steel City Securities
Steel City Securities Franchise Cost or Security Deposit
Steel City Securities is a reliable and trustworthy full-brokerage service providing firm. It normally charges a security deposit from the sub-brokers before the actual tenure for licencing program starts.
If you are in search of any renowned company to join hands with for doing partnership business, go for Steel City Securities. Steel City Securities charges very minimal security deposit from all of its investors.
Its security deposit starts from Rs. 15000 onwards. Moreover, the entire security deposit you pay will be fully refundable.
It’s just like once you decide to leave the partnership program of the company then you will be handed with the total security deposit submitted before starting up with the business.
Check this table below for better understanding of Steel City Securities Stock Brokers Franchise Cost:
Security Deposit | |
Sub Broker | Rs.50,000 – Rs.150,000 |
Find the list of Stock Market Franchise with low initial investment amount:
Steel City Securities Franchise Infrastructure Set-up Cost
Steel City Securities is a very well-known broking house located in Mumbai, India. Are you seriously want to work as a partner of any renowned company?
Steel City Securities is good at offering partnership business model to the investors who want to make good financial well-being.
Mark that, before you start with the company’s licencing program you may need to entirely fulfil the infrastructure requirements properly.
Here are some infrastructure requirements which need to be fulfilled before starting ng up a business with the broking house-
- Authorised persons must have the capability to arrange the work-place of around 300 Square feet for the smooth running of the office.
- Minimum 3 employees should be available at the workplace for better regulation.
- There is no requirement for research services.
- Basic internet connection should be available for the better execution of buying and selling of trades.
- Trading terminals are also very important. With the help of reading terminals, you can make the entire trading process easy and simple.
- Telephone lines should be available for better and healthy communication.
The infrastructure requirements given above are quite easy to be fulfilled. You can fulfill all the infrastructure requirements with minimal investment.
Steel City Securities Sub Broker Offers
Steel City Securities franchise has gained a good reputation in the stock market by offering convenient financial services.
Apart from flexible financial services, the company avails qualitative offers for all of its sub-brokers or authorised persons. The flexible offers availed by the company are listed below-
- 10k initial deposit
- Flexible revenue sharing
Sub-brokers can easily boost up their financial well-being with the help of qualitative offers provider by the broking house. Moreover, there are no such limitations like- flat revenue sharing.
Steel City Securities Franchise or Steel City Securities Authorized Person – Eligibility Criteria
Steel City Securities is the top-notch and well-known stockbroking firm in India. If you really want to become an authorised person of the company then you will be needed to fulfill the eligibility criteria first-
- Applicant should be an Indian resident
- He must have passed 12th standard with any of the government known institutions.
- Prior to applying for the licencing program of the broking house, you must have an experience of at least 2-3 in the same field.
- Also, you need to be financially capable enough to entirely fulfill the infrastructure requirements thoroughly for running to the business model of the broking house.
- An applicant needs to be a registered person of SEBI.
How to become a Steel City Securities Sub broker or Authorized Person?
Steel City Securities is a flexible and convenient brokerage house headquartered in Mumbai, Maharashtra. It enables experienced sub-brokers to easily become a business partner of the broking house.
It you want to become an authorised person of the company register yourself with the company first. The registration process of the company is provided below-
- Accurately fill the registration form availed at the website of Steel City Securities. Once you are done filling up the lead form, submit it and proceed.
- After the form submission, the broking house will give you a phone call in order to clearly verify your interest as well as registered details.
- Once the company is satisfied with your registered details, it will schedule your meeting with the relationship manager for further discussion on call.
- In that scheduled meeting with RM, you will be provided with detailed company details and business program details as well
- After the brolimh house finds that you are the right person to share a business program with then it will ask you to provide some required personal details.
- After that, it will verify your details and send it to SEBI for further approval.
- Once your documents are been successfully approved by the SEBI then you will be provided with the Account ID of the company’s licencing program.
- Then, you will easily be able to start your own business with the broking house.
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Why Partner with Steel City Securities?
Steel City Securities Franchise is a renowned and reputed brokerage firm located in Indian country. It is normally best at availing licencing program for the interested investors or sub-brokers and enable them to earn well.
Here are a few reasons why one should become a sub-broker of the broking house-
- The broking house avails flexible revenue sharing model for all the sub-brokers
- The broking house does not charge for opening up trading and demat account.
- Proper and effective support services are provided to all the customers or investors for the betterment and ease
- Effective trading and stock tips are also provided for huge convenience.
Steel City Securities Franchise Conclusion
Steel City Securities is a highly renowned and repeated financial service providing company available in the country. The company is good at offering all types of financial services to needy individuals.
Apart from that, the company also provide the availability of licencing program through which clients can start his own business with the name of the company.
It is also good at providing better services, offers, support services and other benefits as well. If you are really looking for any reliable broking house, go for Steel City Securities and fulfill all of your financial needs.
Steel City Securities will help you with the best of financial solutions at nominal prices.
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Start your Broking Business with Steel City Securities
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