Trade Smart Online Sub Broker/ Franchise/ Authorised Person/ Partner Review
Last Updated Date: Dec 02, 2022Franchise is a pretty good business deal people are looking forward to. One such option provided is the Trade Smart Online Sub Broker, and we have all the necessary information to help you kick start the entire process. Refer to all the aspects and check out if you can keep up with them.
Trade Smart Online Franchise has a great deal of offers and support system available for you. It would definitely be worthy of considering this company as your franchiser.
Trade Smart Online Franchise Ratings & Review by Top10StockBroker
Trade Smart Online Franchise Ratings | |
Revenue Sharing Model | 3.3 / 5 |
Security Deposit | 3.2 / 5 |
Experience | 3.5 / 5 |
Offers | 3.2 / 5 |
Mobile Apps & Trading Platforms | 3.5 / 5 |
Overall Ratings | 3.3 / 5 |
Star Ratings | ★★★☆☆ |
About Trade Smart Online Franchise
Trade Smart Online Franchise is being offered by Trade Smart, which is one leading discount broker.
It has been a while since its inception in the year 2015, and it has already created a benchmark for itself many aspects. Hence, people striving for a business to incorporate can consider Trade Smart Online Sub Broker.
The founder of this company is Vijay Singhania, and is headquartered in Mumbai since its inception. All the activities of this company are well designed. According to which the sub broker activation has 33 days time limit, whereas payout time is 31 days.
Start your Broking Business with Trade Smart Online
Types of Trade Smart Online Business Model
If you wish to get associated with this company’s Trade Smart Online Sub Broker models, you have 2 options for the same. Trade Smart Online Franchise models are both well structures, so take a look at them.
- Sub Broker
- Referral Program
Trade Smart Online Sub Broker or Authorized person
One of the best business ideas of owning up a successful business is Trade Smart Online Sub Broker. You get to invest in a successful business plan, sparing you the hassle of coming up with a totally new idea. You do not need to plan and devise an exact business plan.
Being a sub broker with this company, you will be able to share the company’s trademark and deal in their products. You will have right in everything and the revenue you make will be partially shared with the company. The exact percentage will depend on the agreement and deal.
Benefits associated with Trade Smart Online Sub Broker
- You will not need a huge amount to invest. The security deposit is pretty low with this company, and hence, if you can cater it up, you are good to start your own business.
- Revenue sharing model is in favour of the sub brokers. The percentage range is not fixed, and it finalized upon mutual consent. However, you will have an assured share of greater than half the revenue earned, as the least percentage is 60%.
- They have well sorted support system, which will help you excel in business. The company will make it easy for you to carry the business forward, and create a significant client base of your own.
- You will have the liberty to carry the operational process of the company’s products and services.
Trade Smart Online Referral Program
Trade Smart Online Partner, or the referral program is open for all the customers of the company. Anyone, who is associated with the company can enrol for this program and make some additional money and perks. The job is easy and hassle free, because the holder only needs to refer someone to the company.
Every successful conversion of reference into a client will be paid for. Check out the benefits provided with this program.
Benefits associated with Trade Smart Online Referral Program
- An account holder of the firm can refer anyone and earn money for that.
- No minimum deposit is required to make money in this model.
- Also, there are no eligibility criteria to be fulfilled. Being a client of the company is more than enough.
- No actual sales are required to be made. You only need to refer the person you thing would be willing to invest with the company.
Trade Smart Online Sub Broker Commission or Franchise Revenue Sharing
The Trade Smart Online Franchise Revenue Sharing should be the first items of the plan you must look out to. This would determine how much you will make along the course of owning up your business. For starters, the percentage share ranges, which is good and flexible.
The least ceiling is 60%, more than half the share. The maximum can move up to 75% and depends upon the security deposit you make. However, the Trade Smart Sub Broker Commission for referral program is Rs1,000 for each refer. Gift coupons from time to time are the additional perks.
Revenue Sharing | Clients Share | Trade Smart Online’s Share |
Sub Broker | 60% – 75% | 25% – 40% |
Referral Program | Rs.1,000 worth Gift Coupon | All Brokerage |
Start your Broking Business with Trade Smart Online
Trade Smart Online Franchise Cost or Sub Broker Investment
As a rule of thumb, stock broking franchise as well requires a fixed deposit, like any other business. You need to pay a Trade Smart Online Franchise Cost to the company in order to take up one of their franchise arm. So, the Trade Smart Online Sub Broker Investment for referral program is zero.
On the other hand, the sub broker programs demands a deposit in between Rs.30,000 – Rs.100,000. You can make a deposit of any sum, as per your convenience.
Security deposit | |
Sub Broker | Rs.30,000 – Rs.100,000 |
Referral Program | Zero |
Trade Smart Online Partner Infrastructure Requirement
You need to undertake the operational activities being a sub broker. This would require you to create a set up for you business, which the company terms as Trade Smart Online Partner Requirement. Check out the Trade Smart Online Sub Broker Infra Requirement, as state below:
- The first requirement is of a minimum 3 employee strength.
- You will also have to set up a trading terminal.
- Internet connective is must, preferably the high speed connection.
- You also need to set up telephone line, as in the helpline numbers.
- Lastly, an office area of minimum 200 Sq Ft is required.
Trade Smart Online Sub Broker Offers
You will have a pretty defined set of Trade Smart Online Sub Broker Offers, opting to become their partner. We want you to check out the same, so you can consider certain aspects sorted.
- You have the option of flexible revenue sharing model. So, you can opt for the percentage share you want, as it is not rigid.
- Likewise, you have another perk, as the company accepts initial 10k deposit.
Trade Smart Online Authorized Person Eligibility Criteria
Specific set of items make up the Trade Smart Online Sub Broker Eligibility criteria. You need to possess all the Trade Smart Online Franchise Eligibility criteria’s in order to qualify for the application process. Make sure you note them sown precisely.
- Firstly you need to have a minimum of intermediary qualification, preferably a graduation degree to get started.
- You then need to have a sound knowledge regarding all the operations activities, plus the products and services. Basics are to be known, following which the stock broker will provide the further guidance.
- The applicants then need to possess a set experience in the related industry. A couple of years experience would be great for starters, and will give you the priority and preference.
- The cherry or the topping would be a certification from NISM.
How to become Trade Smart Online Franchise or Sub Broker?
It is just as seamless to become Trade Smart Online Franchise, as it is to be their client. The company has simplified the process greatly, to an extent that everything can be done only with the help of the required documents. We have drafted the entire step wise process below; make sure you check it out.
- Check out the button which reads “Become Sub Broker”, and touch or click upon it.
- When a pop up arises, you need to fill in the pop up, describing all the details they ask you for. This will redirect you to a form.
- Enter in all the details as asked, and upload the scanned images of the documents they ask for. The list they basically have is defined, and we have projected them all below
- When done, the company will follow up on all the documents and information.
- If they find all the provided information genuine, they will get in touch with you sooner or later, and take the process further.
Documents required to Become Trade Smart Online Sub Broker:
- PAN Card
- Academic Certificates for verifying educational qualification of the applicant
- Investment proof for the applicant
- Proof of complete payment of the security deposit by the applicant
- SEBI Registration certificate held by the applicant
- Birth certificate of the applicant
- Cancelled cheque of applicant’s concerning bank
- Passport sized images of the applicant
- GST Registration held by the applicant
Why Partner with Trade Smart Online?
We want you to be sure of your decision and so, we provide you the Trade Smart Online Franchise Benefits. They will be the ground upon which you will want to invest with the firm.
- They are a discount broker, who have been in the market for a lesser time, but managed to rise above the average horizon.
- This company offers low brokerage rates, and hence their client base in on increase. This is in a way or two beneficial for you.
- The company has an excellent support system for all the sub brokers, making it easy for them to carry out business.
Trade Smart Online Franchise or Sub Broker – Conclusion
Invest with the Trade Smart Online Franchise models and start your business now. The structure is pretty much oriented towards the franchisee or the Trade Smart Online Sub Broker. This brings your earning capacity up. The criteria’s and other stuffs are feasible, so invest with this growing company today.
Start your Broking Business with Trade Smart Online
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