Tradeswift Franchise / Sub Broker / Partner Review – Deposits, Revenue & more

Tradeswift Franchise has been known to be the first breed among the commodity brokers in the country and it has gained its popularity in the Equity and Commodity Futures Broking Industry.

Since 23 years the company had been continuously showing an immense growth with the number of franchisees & business associates it has nationwide.

In this article, we will give you an in-depth analysis about the Tradeswift Sub Broker Program, its business models, revenue structure, security deposit investment, offers & more.

Tradeswift Franchise Ratings & Review by Top10StockBroker

About Tradeswift Franchise

Tradeswift is a private based discount broker company whose headquarter is situated in Jaipur, Rajasthan.

Tradeswift which had been awarded to be one of BSE’s top performers in the retail segment has been founded by Sandeep Kumar Jain in 1996.

According to the sub broker activation time, the company takes about 35 days to activate the sub broker ID whereas the sub brokers receive the sub broker ID within 30 days.

Become an Authorized Person of Tradeswift

Types of Tradeswift Partnership Association

The stock broker currently provides 3 business models –

• Authorized Person / Business partner / Sub broker
• Remisier
• Referral Program

Tradeswift Sub Brokers or Tradeswift Authorized Person

Tradeswift offers sub broker or authorized person (AP) or business partner to all the clients.

Sub brokers are needed to pay an initial security deposit of minimum Rs.25,000 which may exceed up to Rs.100,000. The sub brokers receive revenue that ranges in between 50% and 70%.

Benefits of the Tradeswift Sub Broker Model:

• The Company offers free charge for Demat AMC and Trading AMC.
• The sub brokers are provided supports like Back-office support, trading support. The company also organizes seminars for the sub brokers or broking partners to guide them or train them with various aspects of the business.
• The higher percentage of the brokerage that is generated by the clients is received by the sub brokers whereas on the other hand the lower brokerage percentage is received by the franchiser.
• The sub brokers are needed to pay only the security deposit of minimum Rs 25,000 whereas the rest of other expenses are taken care by the franchiser.

Tradeswift Partner Program or Remisier

Remisier who is a representative of a stock broking house company tends to work as an agent on commission basis.

The remisier in the Tradeswift pays an initial security deposit ranging between Rs.5,000 and Rs.15,000. The revenue sharing percentage received by the remisier is 15%.

Benefits of the Tradeswift Remisier Model:

• Remisier needs to pay as low initial security deposit as Rs 5,000.
• Tradeswift partners receive attractive commission of 15% and can also enjoy revenue of Rs 1,500 worth gift coupon from referral program.
• Remisier only needs to get new clients for the brokers and it requires very less time and plus it is like a passive income source.
• The Company franchise offers the facility of low initial security deposit.

Tradeswift Referral Program

Referral programs in Tradeswift are considered to be one of the most productive recruiting strategies.

Tradeswift Referral program have proven from time to time of getting the best candidates who stay longest with the company.

There is no security deposit required for referral program whereas it offers revenue of Rs.1,500 worth gift coupon.

Benefits of the Tradeswift Referral Program:

• It is always a big priority for Tradeswift to save time through a better efficient process and referral program serves just right. Job interview process takes a lot of time whereas hiring candidate with referral program saves a lot of time.
• Referral program even save a lot of money since the company do not need to pay for advertising the job openings.
• As the company allows the current employees including remisiers and sub brokers to recruit their family or friends for any open position that are available at present in the company, they feel trusted and well valued as they feel they are a part of something important for the company’s future.
• Referred candidates tends to feel more engaged and welcoming from the first day as they already know atleast one person and have knowledge about the company and its culture through the person he/she got hired.

Tradeswift Partner Revenue Sharing or Tradeswift Sub Broker Commission

Tradeswift offers competitive revenue sharing model which includes sub broker, remisier and referral program.

The sub broker receives revenue that ranges between 50% and 70% whereas remisier has revenue of 15%.

The referral program offers revenue of Rs.1,500 worth gift coupon but there is no revenue for master franchise.

Refer to this Table for clear picture:

Find the list of Sub broker Franchise with decent revenue sharing models:

Start your Broking Business with Tradeswift

Tradeswift Franchise Cost or Security Deposit

Sub broker and Remisier come under the security deposit model of Tradeswift Private Limited.

To be a sub broker, an individual needs to pay an initial security deposit of minimum Rs.25,000 which may go up to Rs.100,000 whereas remisier needs to pay security deposit that ranges between Rs.5,000 and Rs.15,000.

However, there is no security deposit needed for referral program.

Check this table below for better understanding of Tradeswift Brokers Franchise Cost:

Find the list of Stock Market Franchise with low initial investment amount:

Tradeswift Franchise Infrastructure Set-up Cost

With Tradeswift Private Limited, the sub brokers needs to maintain the dignity and the name that the company holds.

To be a sub broker in the Tradeswift Private Limited, the sub broker is needed to have an office with at least 200 square feet which is a mandatory requirement.

The office of the sub broker should have atleast 3 employees working full time. The internet connection provided by the company should be smooth and the telephone lines are needed to be activated.

The office should also have trading terminals whereas no research services are needed as the Tradeswift is a discount broker itself.

Tradeswift Sub Broker Offers

• The company allows the zero deposit scheme for the sub brokers.
• The sub brokers and remisiers can enjoy the facility of low security deposit scheme.
• The revenue sharing offered by the company is flexible.
• The company does not provide flat revenue sharing.
• ‘Zero revenue sharing with prepaid’ is not offered by the company.

Tradeswift Franchise or Tradeswift Authorized Person – Eligibility Criteria

Tradeswift provides some of the eligibility criteria that the candidates applying for sub brokership needs to follow:

• The minimum age for the candidate applying for sub brokership is 21 years old.
• The candidate is required to have completed higher secondary level and plus if the candidate have a graduation certificate, then it would be an added benefit.
• It is mandatory that the applicant have registration certificate under SEBI.
• The candidate should possess an office area as per infrastructure requirement f sub broker in the Tradeswift Private Limited.
• The applicant must not be convicted on any grounds and even in fraudulence or dishonesty.
• Basic knowledge on computer is a must for the candidates.

How to become a Tradeswift Sub broker or Authorized Person?

The process is easy once you make sure you have all the requirements and abide by all the criteria. Here is all you need to do:-

1. The first step of the candidate would be to fill up the form available in the company website with all correct details.
2. Later, the executive of the company will contact the candidate to understand the candidate’s expectations and interests.
3. If the information that is given is verified, an appointment will be fixed between the candidate and the executive of the company.
4. In the appointment, the executive along with the business team of Tradeswift discuss on topics including security deposit, investment amount, revenue ratio, offers, etc.
5. After clearing all doubts, an agreement will be signed by the candidate and would be needed to the company with all the necessary documents.
6. After the document has been provided and the agreement is executed, a sub broker ID will be provided to the applicant which in turn will help the applicant operate the account opened with Tradeswift Private Limited.

Know about other stock broking franchise:

Why Partner with Tradeswift?

This list includes all the reason why you must partner with them:-

• The security deposit levied by the Franchise Company is competitive with other stock broking firms and is refundable after the tenure gets over with the company.
• The offers provided by the Franchise Program are luring and the referral program with revenue of Rs 1,500 worth Gift coupon is a plus.
• The Company Franchise has the infrastructure requirement in such a way that the standard of the company is maintained.

Tradeswift Franchise Conclusion

It is quite evident that Tradeswift is a complete package with most fulfilling revenue sharing model and offers. The Company offers numerous training like dealing training, acquisition training and product training.

The Demat AMC and Trading AMC are charged free in the Tradeswift .

Find more sub broker franchise review: click on the links below

Start your Broking Business with Tradeswift

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