for sub broker

[skchess]

Dear mam/sir
just i want to know about sub broker i become as a subbroker i have 20-30 client in initially then after increase it what is the formality for me which broker is best i live at lucknow

 

[SavantGarde]

SKChess,

It is far better becoming an Authorised Person/Remisser than a Sub-Broker

One very good reason being practically no overheads...besides many other advantages

SG

Dear mam/sir
just i want to know about sub broker i become as a subbroker i have 20-30 client in initially then after increase it what is the formality for me which broker is best i live at lucknow

 

[nilesh53333]

SKChess,

It is far better becoming an Authorised Person/Remisser than a Sub-Broker

One very good reason being practically no overheads...besides many other advantages

SG

i disagree with u sir. for remisser there is very low sharing we can only get 20 to 30 %. i know one company which is giving 500rs per cr flat brokrage we can charge whatever to our clients. 10 flat for options. it is better than remiser. any one more thing there is no deposte for it. :thumb:

 

[SavantGarde]

For Remisser it is minimum 40% & Negotiable.... It is a very competitive market.... why would you think being a Sub-Broker is better than what I have suggested....

SG

i disagree with u sir. for remisser there is very low sharing we can only get 20 to 30 %. i know one company which is giving 500rs per cr flat brokrage we can charge whatever to our clients. 10 flat for options. it is better than remiser. any one more thing there is no deposte for it. :thumb:

 

[bbboy]

Wguch company gives 500 flat and 10 flat for option, pls. let me know

i disagree with u sir. for remisser there is very low sharing we can only get 20 to 30 %. i know one company which is giving 500rs per cr flat brokrage we can charge whatever to our clients. 10 flat for options. it is better than remiser. any one more thing there is no deposte for it. :thumb:

 

[shivam_007]

There are many brokerage houses who do give you almost around 40% of your share with every client.

It is better to become a sub-broker with a brokerage house, than be a remisser,



@Savant Garde, sir can you explain why you insist on being a remisser & as well state the advantages?