Tradebulls Franchise / Sub Broker / Partner Review – Deposits, Revenue & moreLast Updated Date: Mar 24, 2023
Tradebulls Franchise is a fast-growing franchise system in India. This post is about understanding the Tradebulls sub-broker business prototype, Tradebulls sub-broker profit-sharing model, investment, deposits, and other details.
Tradebulls was founded in 2009, and within a decade, it has extended its occurrence to more than nine cities and presently has personnel of 1000+ staff.
They have more than 1500 broking franchisees & more than One lakh active trade client base.
Table of Contents
- Rating & Review
- Business Models
- Eligibility Criteria
- Documents Required
- Pros & Cons
- Earning Potential
- Become a Tradebulls Partner Now!
Tradebulls Franchise Ratings & Review by Top10StockBroker
|Tradebulls Franchise Ratings
|Products & Services
About Tradebulls Broking Franchise
Tradebulls is a comprehensive stockbroker that is headquartered in Gujarat. As a widespread Stockbroker, they offer many benefits comprising a fast and responsive support team, accurate research analytics, offline branches, and many more.
Tradebulls also has a wide network in the western parts of India, with a minor number of Tradebulls sub-branches or franchisees in other areas.
Tradebulls have been everywhere for a moment and were recognized in 2009. To date, it has an active customer strength of 72,160.
Now Tradebulls took track of private enterprise by associating with a collaboration of franchisees across the country.
We are the fastest-rising stock broking and wealth management company that offers great opportunities for prospective associates to carve out an encouraging livelihood as a stock market sub-broker.
Along with some flawless partner advantages, we assist you in growing your sub-broker business by providing marketing and technical support.
Tradebulls is a budding company; therefore, it values any sub-broker’s offerings to its business. It reinforces and inspires the businessperson’s essence.
It establishes this Support by sharing the revenue of up to 85% with the sub-brokers, which can be amongst the highest in this industry.
In response, it demands a deposit of Rs. 25,000 and a perfect set of clients and profits. This amalgamation of high revenue sharing and low payment is a fascinating business proposition.
To know more about the Top 10 Sub Brokers in India, visit our page where you can find all the information you are looking for.
Become an Authorized Person of Tradebulls Securities
TradeBulls Securities Franchise is divided into two types
- Sub Broker / Authorized Person / Franchise
Concerning Tradebulls, the sub-broker and Franchise model mean the same thing. Hence both terms are utilized interchangeably in this post.
Tradebulls Sub Broker or Tradebulls Authorized person
Tradebulls Broking Sub Broker membership can be availed by anyone who has been in the financial services industry and understands the Stock Market.
The Sub Brokership model is an agency or Franchise wherein the Broker would enable you with all the necessary tools to trade in all the exchanges on behalf of the Broker himself.
You could trade yourself as well as for your clients and enjoy a share from their brokerage as well as the through the agreed revenue-sharing model.
Here are some of the smart features and things to keep in mind about this Tradebulls enterprise model:
- You will be allocated a Relationship Manager for any assistance in understanding the financial products better.
- Before you start your actions, you and your team will be offered an onboarding training, wherein all the product and system-related information will be clarified in detail– usage of various trading platforms, the back-end systems training, and how to handle client visits. Everything will be taught.
- Tradebulls Broking company regularly organizes various workshops and seminars in various cities; you could also attend one such workshop if it’s happening in your city.
- Before getting on board with this wide-ranging service trader, you must access a standard franchise contract.
Benefits of Tradebulls Securities Sub Broker or Authorised Person
- Reasonable revenue-sharing model
- Flexible payment options are provided
- A nominal amount is required for a security deposit.
- The Tradebulls team shares frequent research inputs and market trends.
- All stationery requirements for day-to-day marketing campaigns, such as posters, banners, glow signs, etc., are provided by them.
- Educational workshops and seminars are being conducted periodically for associates and clients.
- Instant account and ID creation process
- Free Demat and Trading Account opening
Similar Sub Brokers, you may also Like
- Sharekhan Franchise
- Anand Rathi Franchise
- Reliance Securities Franchise
- Religare Securities Franchise
- Ventura Securities Franchise
Tradebulls Broking Remisier
Tradebulls broking also offers a Remisier Model in which a client of Tradebulls can gain a commission by sending their friends and families to Tradebulls for business.
A remisier obtains leverage on their social circle and can get extra income from such references.
A Remisier is more like an agent with the Stock Broker who is authorized to trade on behalf of the Stockbroker using his systems and techniques. Other interesting features of this model also have been discussed below.
Benefits of Tradebulls Broking Remisier
- No prerequisite requirement on minimum qualification or knowledge level
- Minimum investment requirement
- Free and easy Demat Account and Trading Account opening
- Complete Training would be provided on all products offered
Tradebulls Sub Broker Commission or Revenue Sharing Model
The Tradebulls Sub Broker or Remisier model works on a complete Revenue sharing model. Tradebulls always asserts to offer a profit-sharing as high as 80% for the Sub Broker while keeping the remaining 20% to itself.
This revenue sharing is calculated based on the clients you have generated and the brokerage that comes from them. The payment is usually made every month on a specified date.
Undoubtedly, this is one of the industry’s utmost revenue-sharing ratios, with the general average being 70% on the way to the sub-broker/franchise partner.
This percentage might further upsurge depending upon the profits produced – in case the profits from the sub-broker are unique; he is pleased with 90% of income as well.
Check this table below to understand commission sharing better:
|Sub Broker Commission
|Tradebulls Franchise or Sub Broker
|30% – 10%
|70% – 90%
|80% – 70%
|20% – 30%
For the Remisier model, Tradebulls pays a commission of up to an amount of 30% of profits generated from the consumers.
Tradebulls Franchise Cost or Security Deposit Amount
Tradebulls follows a strategy of fixed security deposit of Rs. 25,000, i.e., the deposit amount does not differ depending upon reasons such as the revenue produced or revenue sharing percentage, etc.
Other broking firms typically follow this, but Tradebulls does not track this policy.
The deposit money is fixed at Rs. 25,000, which is very low compared to the industry standards. In addition, this amount is refundable – it is refunded when the sub-brokership contract/agreement is dismissed.
For Remisier, the security deposit is fixed at Rs. 10,000, and this amount is also refundable. So practically, you are not paying anything to startup a business. They invest a lot in Trading and assisting you in stabilizing your business as fast as possible.
The below table gives a better perspective of the Tradebulls Security deposit amount:
|Tradebulls Franchise Security Deposit Amount
|Tradebulls Franchise / Sub Broker
|INR 25,000 – 100,000
Start your Broking Business with Tradebulls Securities
Infrastructure Investment by Tradebulls Authorized Person
While opening up a business, the first thing that comes to mind is a place or an office setup. You need to have a facility where you can operate and where you would have employees working for your business.
For Tradebulls Franchise, you would also need a decent workplace or office for client interactions and visits.
Tradebulls is a reputed brand in the industry regarding financial services providers; hence, the company is also particular about the Franchise’s office spaces.
They would enquire and investigate the infrastructure during the time of the contract itself.
Moreover, the office should have basic amenities to run the business effectively, i.e., telephone connections, trading terminals, workstations for employees, internet connectivity, computers or laptops, etc.
However, they would not be very stringent in this requirement regarding a Remisier model of operation as that would be more of an agency channel and not a complete Franchise.
Tradebulls Franchise Offers
Thus, Tradebulls understands the value of Sub Brokers in this business and hence offers some great benefits for its sub-brokers to reassure them to partner with Tradebulls effectively:
- Maximum revenue sharing percentage
- Low-security deposit
- Super-quick sub-broker ID generation process
- Online account opening services
- Free DEMAT account – i.e., no annual maintenance charges
- Brokerage cashback/reversal of up to Rs. 1 lac
- Premium advisory calls
Tradebulls Franchise Eligibility Criteria
Below mentioned are the eligibility criteria to be associated with Trade bulls as a Franchise:
- A minimum of two years of experience is a mandate in the financial services industry. Preferable experience in Mutual funds, equity, Commodity, or Insurance sector as a Broker or advisor
- A basic understanding of the stock market industry and its functioning is critical to obtaining a Sub Brokership license.
- This is important as your clients may ask you questions about the industry, and you would need to know at least the basic technical terminologies of the share market, such as how to open an account, trade, etc.
- As stated earlier, you will be delivered day-to-day knowledge workshops to maintain the share market understanding.
- Minimum education is required for Higher Secondary level. Bachelor’s or higher degree is an added advantage.
- Ability to sign a standard contract for becoming a Franchise with an exceptional contract (if required).
- You should have an office space for yourself – either rented/owned office space, which should be at least 200-250 square feet in size.
Ones should meet some of the compulsory considerations from the above criterion. In addition, feel free to negotiate on various features (not to mention asking for extra perquisites before you sign the contract with the Broker)
Tradebulls Securities Sub Broker Support / Advisory
Tradebulls always appreciate the efforts you put into your business. And that’s the reason why Tradebulls believes in assisting and supporting its partners at every step.
Tradebulls assist its partners via relationship manager support, back-office Support, and Advisory Support. Apart from these, marketing support is partially available. These include digital marketing support and local marketing support.
The Broker and sub-broker try to build a corporative and productive environment together at Tradebullls. And the support network here turns out to be the biggest helping hand.
You are offered a decent support suit from the Broker, and that’s enough to predict a better relationship with the Broker.
How to become Tradebulls Sub Broker or Partner?
Here is a Step by Step process:
1 – Give the details in the lead form accessible on this website.
2 – Confirm your basic information and your interest upon getting a call from their executives
3 – Get an appointment with Tradebulls Sales Representative upon getting a call from them.
4 – Discuss the proposal and the offers with the sales team of Tradebulls.
5 – Provide the mandatory documents (as listed below) for verification and pay the security deposit
6 – Tradebulls team will confirm the documents and provide confirmation
7 – Once verification is done, a sub-broker ID is created and then login.
The entire procedure will take nearly 4-5 days to be completed
Documents Required to become Tradebulls Partner
Below mentioned are the documents required during the registration of a Sub Broker with Tradebulls:
- ID proof
- Address proof
- Date of birth proof
- Academic qualification proof
- Aadhar Card
- PAN card
- Two passport-size photographs
- Cancelled bank cheque
- Details of office space and documents like Rent Agreement etc.
- Security Deposit cheque
Why Partner with Tradebulls Securities?
Following are the various reasons why you should opt for Tradebulls to become a Sub Broker:
- Fastest developing broking company
- Offers attractive proposals
- High-quality advice-giving services
- Strong research team
- Speedy account opening services
Support provided by Tradebulls Sub Broker Program
Tradebulls offers the following types of services to its sub-brokers:
- Tradebulls allocates a committed relationship manager to a sub-broker to help get new clients and strong relationships with prevailing clients.
- Sets up a trading terminal at sub-broker premises
- Provides marketing support to sub-broker like the marketing material and marketing strategy
- Customer care for the sub-brokers and their clients
- Systematizes technical analysis and abstract workshops for sub-brokers and their clients
Tradebulls Securities Franchise – Pros & Cons
Mentioned below are the major pros and cons pointers that we want you to know before joining Trade bulls Securities –
- Good revenue sharing
- Offers best trading services
- Interactive layouts with a feature-rich dashboard
- Not so popular in the offline world
- Low brand equity
Tradebulls Securities Franchise Registration
Aspirants who want to join the Tradebulls franchise can do so by simply qualifying the registration process. All it takes is your legal documents to identify your eligibility.
Hereafter, some mandatory requirements must be fulfilled to start with Tradebulls Securities.
For registration, you can follow these few simple steps.
- Get the registration form from Tradebulls Securities for the Franchise.
- Fill out the basic details, including your name and contact details.
- Once submitted, attend a call with a Tradebulls representative.
- After that physical meet-up is scheduled
- Some essential topics surrounding revenue sharing, documentation, investment, and other details are discussed during this discussion.
- Once both sub-broker and Tradebulls representatives are satisfied with each other’s requirements, the procedure is carried on.
Earning potential for a Tradebulls Securities Partner/ ROI
Irrespective of which Franchise you choose, the earning potential is always uncertain during investment. Still, folks stress more on this critical term more, so let’s put it.
Tradebulls Partners can access 60% to 80% commission per client. The Broker gives you 60% to 80% of revenue each time you refer a client to trade bulls.
The more leads or clients you generate for Tradebulls, the wider earning potential you will see on the board.
Tradebulls Securities Franchise Referral Program
Unfortunately, Tradebulls Securities doesn’t provide any referral program. The Broker accepts the request for the Franchise or sub-broker partnership alone.
Apart from that, there’s no other type of referral program offered by Tradebulls.
Brokerage Charges levied to the clients of Tradebulls Securities Partners
It’s time to break down a brief talk on Tradebulls securities charges. Fortunately, the Broker has kept brokerage charges fairly low.
Simply put, Tradebulls brokerage charges 0.010% to 0.003% for equity intraday trades. Similar charges are levied on clients in currency, commodity, and futures.
However, charges for equity delivery orders sit at 0.10% and 0.30%, which are still fairly reasonable.
The brokers have tried to keep investment and trading affordable for every client. Hence, more-n-more small retail investors will prefer switching to Tradebulls.
Tradebulls Securities Authorised Person – Products Offered
An authorized person is none other than people associated with Tradebulls as a franchise.
By becoming a franchisee, you will be authorized to promote and sells Tradebulls services and get an attractive payout in return for the contribution.
List of Top Tradebulls Securities Partners / Business Partners
Tradebulls Securities has long been establishing itself atop many broking companies. And the major credit goes to 2700+ business partners of Tradebulls, who have firmly supported the company since its inception.
With a clientele of 2lakh+ clients, the financial corporation founds a good enough alternative.
Tradebulls Securities Authorized Person Testimonials
People’s opinion is an insight giver to new joiners aspiring to become a member of Tradebulls Securities. Look at the testimonials if you also doubt whether Tradebulls is a trusted partner.
It’s worth catching a glimpse of all those people’s opinions who have joined the Tradebulls business model or are old partners of this broking firm.
Tradebulls Franchise Summary
In this thorough review, we have discussed Tradebull’s business models, eligibility criteria for becoming a Franchise or Sub Broker, costs involved, revenue sharing breakup, and other information.
If you want to become a sub-broker or start a franchise business, this complete review on Tradebulls Franchise would certainly be very useful for you.
Anyone can be a part of such a Tradebulls Franchise, so if any individual is interested; of course, without a doubt, they can approach the Tradebulls franchise segment and give them a call.
Tradebulls Broking Authorized Person Program FAQs
Here is the list of FAQs related to the Tradebulls broking:
What is a Sub Broker or a Franchise?
A Sub Broker or Franchise is an extended arm of the Stockbroker that is authorized to do trading for clients, client servicing, adding new clients, etc., on behalf of the Stockbroker.
Instead of this, he gets a profit-sharing margin from the Broker.
What are the different types of Sub Brokers models that Tradebulls operates?
Tradebulls operates two types of Sub Broker channels i.e.
- Sub Broker or Authorized Person
Is there a joining / Security deposit for a Remisier as well? How much?
Yes, the min Security deposit amount for a Remisier is Rs. 10,000.
What is the Support provided by Tradebulls for its Sub Brokers?
Complete Training on all products and tools
- Marketing Support
- Instant Trading & Demat Account opening
- Assistance in client handling as well
- Research and advisory services
Does Tradebulls Securities have Sub Broker Model?
Yes, there is a sub-broker model provided by Tradebulls that you can invest in. The model’s structure is precisely provided in the article.
You can read about the model in detail in the article, which features all the aspects of the model.
Does Tradebulls Securities have multiple Franchise models?
Yes, there is more than one franchise model provided for the aspirants. The first is the sub-broker model, the most popular model, and the first choice.
But there is also a provision of another model, which is remisier.
What is Tradebulls Securities Sub Broker Commission?
There is a designated commission for the sub-broker or the franchisee, which is more than what the stock broking house Tradebulls will retain. The majority of revenue is provided to the sub-broker, ranging from 70% – to 90%.
How much does Tradebulls Securities Franchise Cost?
The security deposit that the stock broking house asks for is pretty less if you consider the revenue share, they provide.
There is a flexible structure of investment provided to the people who wish to invest in this model, and it is INR 25,000 – 100,000.
Does Tradebulls Securities have Partner Program?
Yes, a partner program is provided by the stock broking house for the clients. Anyone can opt for the model and avail of its benefits.
In this model, we suggest you look at the article to see the exact job role that you will be imposed with.
What is Tradebulls Securities Partners Sharing?
If you choose the other business model, i.e., the remisier, you will have a smaller share in the revenue, and given the job role you will have less.
So, according to the model, you will retain 20% – 30%, while Tradebulls Commission is 80% – 70%.
Is Tradebulls Securities Partner Program Free?
No, this franchise model has an associated fee, and it is not a huge amount that you need to worry about. So, if you provide a fee of as much as INR 10,000, you can be an official Tradebulls Securities Remisier or a business partner.
Does Tradebulls Securities provide Training Assistance?
There is onboarding training as extended by the stock broker, which ensures all the product and system-related information are clarified.
The Broker also trains the franchisees in context with various trading platforms, back-end systems training, and handling client visits.
How to Become Tradebulls Securities Sub Broker?
Search for the “Become Sub Broker” button which is probably provided at the bottom of the article. Then you can enter the contact information in the pop-up form, which appears after you click on the button.
When you enter the details, the stock broking house will contact you accordingly.
Does Tradebulls Securities Franchise provide Support?
You can expect marketing and technical Support from the stockbroker. Precisely it extends Provides marketing support to sub-broker like the marketing material, marketing strategy, and much more.
Can I become a multiple Tradebulls Securities sub-broker?
Of course, yes. But we don’t recommend it. Joining multiple partnership programs would mean staying busier and making errors in confusion.
The Broker has kept its revenue-sharing well-structured and easy to understand. Still, it is exclusively up to you how better you can manage things.
Can Tradebulls sub-broker trade on behalf of a client?
No. Tradebulls sub-broker can’t trade on behalf of the client. However, they allow to do it for the few eligible assets. But certain conditions should meet.
Moreover, sub-brokers can only assist clients with numerous trading and investment activities.
What do Tradebulls Partners do?
Tradebulls Partners are primarily engaged in the leading role of attracting clients to the Broker. These partners access full Support from Tradebulls, ensuring they benefit themselves and the company.
Benefits are shared between the sub-broker and the Broker once the client funds their account or starts investing/trading.
How do I close my Tradebulls account?
Suppose you are no longer interested in Tradebulls and want to withdraw your name from the Broker. Raise your request and ask Tradebulls to close your account.
You can contact the Tradebulls support team, who will assist you in the further steps hereafter.
How can I become Tradebulls Authorised person?
To become Tradebulls Authorised person, you may be required to submit a few basic details. This shall cover some legal documents and contact details.
After that, aspiring franchisees need to be agreed on a minimum investment amount, which Tradebulls may disclose upon the application.
Which stock broker is best for the Franchise?
Every stock broker that offers full support services and attractive payouts is deemed one of the best ready-to-move partners.
Tradebulls has all desired traits representing it as the best company to join as a partner. Indeed, it could be an excellent choice as the Broker keeps broking services relatively cheaper.
How do I start a Tradebulls Securities stock franchise?
To start a Tradebulls securities stock franchise, you must contact the company first. Get in touch with the representative and request them to explain you properly the whole process.
Being a new joiner, you may be required to make an initial investment that can go between a few lakhs. Also, a functional property may be required.
Is the Tradebulls Securities franchise profitable?
Tradebulls Securities Franchisee partners can access 60% to 80% of revenue generated per client by the Broker.
However, there’s no limit on what you can make with Tradebulls. If you can generate more leads and sales for the Broker, you can earn huge.
How do I become a successful Tradebulls sub-broker?
It isn’t hard to become a successful Tradebulls sub-broker. But becoming a successful sub-broker is sometimes difficult.
If you can influence customers and retain them on Tradebulls for a long, you can surely lead the game and make huge.
Is Tradebulls sub-broker a good business?
Tradebulls sub-brokers get the opportunity to make 60% to 80% commission on every client they send to Tradebulls. Apart from this, bonuses and rewards are also offered to these partners.