Best Brokerage for a Sub Brokership

[muralikaja]

Hi,

I'm new to Traderji and would like to join you all with a confident smile.....

I'm looking to taking a Sub Brokerage franchise.

Which is good. I have enquired about Motilal Oswal, Edelweiss, IIFL, etc.

I'm looking for good Returns on Investment and one who is very supportive to his Sub Brokers.

Also is a Sub Brokerage a good business opportunity?

RGDS
Murali

 

[rvaghani]

which state/city you are?

 

[sundaram iyer]

the companies you have mentioned will give franchise and make you to chase franks,do lot of home work

 

[sr114]

hi murali, never get in the sub brokership business. what ever low brokerage percentage they are offering, hard bargain with them. never pay much than 10%age of the revenue generated and do not give them any amount for security. read all the clauses carefully as the broker ids ready to swindle anlong your clients. preferably do ur own business of stock trading. never fall in the brokers trap. u cant get out of the trap. regards