franchise with Stock Hifi

[gnsrikanth1986]

hi guys,

I am planning to become a sub-member/franchisee with Stockhifi in the commodities market(MCX,NCDEX).

For a security deposit of INR 50,000 the member(stockhifi) collects a brokerage of 0.008%,(Rs.800 per crore). I can charge my client anything above that. difference would be my profit.

similarly for a deposit of INR 1 lac. stock hifi takes a base brokerage of 0.006%(600 per crore).

I want to know if these are negotiable with stock hifi and any better deals available????

Thanks for ur comments in advance.

 

[gnsrikanth1986]

thank you for replying meta trader.

Could you kindly suggest any broker who would charge a base brokerage of atleast 0.003% or lower.

would really appreciate your response sir.

 

[eramk05]

Re: franchise with Stock Hifi check with their progress

hi guys,

hello srikanth
you contact at least 3 to 4 brokers regarding Ur sharing ratio.u always demand the brokerage...intially they give .008 then they reduce to .002
many brokers charge very nominal fees,flat rate..many more..
better u touch with many brokers

 

[gnsrikanth1986]

thank you eramk05....

will definetly touch base with a few brokers in the market and negotiate with them.

 

[dhusyanth]

Hi srikanth


Angel broking offering a good brokerage commission to franchisee ....

For more informantion conthact me @ 08861914766

Thanks,
DHUSYANTH.B