Planning for Sub-brokership

[raj_usb]

Hi,

I am planning to apply for sub-brokership. I have chosen following 3 brokers to attach with but not limited to :

1.MotilalOswal
2.Sharekhan
3.IndiaInfo

Could some experienced sub-brokers guide me to chose the best broker from the list or any other broker? I am looking for following support from broker :

1.Reputed, Ethical and transparent in dealings
2.Timely payouts
3.Fast trade terminal/competent IT Infrastructure
4.Can serve my clients with care

Thanks in advance !

- Raj

 

[bunny]

Avoid motilal oswal.

 

[pawan84_garg]

join with bonanza portfolio ltd. they provide you best service in broking industries..

 

[raj_usb]

Hi bunny,

Do u have any specific reasons to avoid MotilalOs. Pls let me know, it will really help me to take a decision.

Thank you.

 

[sr114]

join with bonanza portfolio ltd. they provide you best service in broking industries..

Mr. Pawan Bonanza Portfolio Ltd sucks as it squezzes sub-broker/ franchisee of their money and timely payment of brokerages are not made. but otherwise it is good

 

[rathod005]

r k global

 

[gulshanranjan]

way2wealth is a good option apart from angel

 

[sumosanammain]

sdgvbadfbhadgnaftgnasfgnsfgnsfhn

 

[sumitdasjoshi]

hahahahahaha

rk global pays 60 paise per lot of futures traded.
That means on a turnover of approx 300000 on an average lot, you are paid 60 paise nett.


Thats 0.0002 % to franchisee

and on bigger lots its like 0.0001 %

you need an approx turnover of 80 cr per month just to pay rent of 25000

hey i also wana take a sub brokership or franchise which will you suggest me to go far and thank for the in formation about rk globel

 

[gulshanranjan]

all u need to make a list on monthly expence which wil b there even ur business is not doin well lik rent, electricity, internet etc, then see how much clients or turn over u wil b able to do in begining days, depending on that u bargin with broker house for profit sharing. its agood business but not as simple as it sounds. u need to change ur approch of as a trader to as a service provider... RK global is not at all ur cup of tea, look for timely payout, better exposure, good service and support etc.

wish u all d best all aspiring sub-brokers