Sub-broker Business Model
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IIFL Sub-Broker Business Models
Do you wish to grow a business in the financial segment with IIFL Securities? Establish your own business and sell multiple financial products with ease. Set up a franchisee or cater your clients online, run a business at your comfort!
Eligibility Criteria:
If you have a good track record of serving a client base in the financial segment along with 2-3 years of experience in selling financial products like Equity, Mutual Funds, Insurance, Bonds, PMS,NCD, etc. then you are at the right place!- Benefits of Becoming a Franchisee with IIFL Securities
Low Investment & High Revenue Sharing
Best Trading Strategy with Cutting-Edge ALGO trading
One margin for Equity and Commodity
Timely & Flexible Brokerage Pay-out options
Work & Earn from Home
Marketing & Tech Support
Strong Brand Name built over 25 years
Robust Back office & RMS
Get both traditional & Digital brokerage plan
One-stop financial solutio
Do you wish to start a business at zero capital investment with IIFL Securities’ AAA? Earn profits by selling financial products like Mutual Funds, Insurance, Bonds, NCD and a lot more. If this excites you, then becoming a Marketing Associate with IIFL Securities is the right choice for you!
Eligibility Criteria:
If you have knowledge of financial products and have a basic industry background, along with a set of clients that are interested in your multi-product offering, then you are good to go!
Benefits of Becoming a Marketing Associate with IIFL Securities
- Lifetime Earning with High Revenue Sharing
Multi-Product Offering
Zero Capital Investment
State of The Art Learning Platform
Work at Your Own Comfort
Track Your Earnings Easily
Personalized Digital Marketing Content
Robust Back Office
Training & Webinar Support
Access Client Reports at a click
Eligibility Criteria:
- If you have a good track record of serving a client base in the financial segment along with 2-3 years of experience in selling financial products like Equity, Mutual Funds, Insurance, Bonds, PMS, NCD, etc. then you are at the right place!
Benefits of Becoming a Franchisee with IIFL Securities
- Low Investment & High Revenue Sharing
- Best Trading Strategy with Cutting-Edge ALGO trading
- One margin for Equity and Commodity
- Timely & Flexible Brokerage Pay-out options
- Work & Earn from Home
- Marketing & Tech Support
- Strong Brand Name built over 25 years
- Robust Back office & RMS
- Get both traditional & Digital brokerage plan
- One-stop financial solution
FAQs
Sub-brokers make money through commissions that are earned from facilitating securities transactions for various clients. They typically receive a percentage of the brokerage fees charged by the main broker for each and every trade executed on behalf of clients recruited through the sub-broker.
Ans: You can join IIFL’s partner program which is the fastest-growing business model in the financial sector, to become an advisor for finance with IIFL.
Additionally, sub-brokers may earn income from advisory services, such as providing investment recommendations or market insights, for which they charge fees. Some sub-brokers may also receive incentives or bonuses from brokerage firms based on their performance in generating trading volumes or attracting new clients. Overall, sub-brokers generate revenue by serving as intermediaries in the buying and selling of securities within the financial markets.
To start a sub-broker business you need to get registered with SEBI as a sub-broker. Approach a broking firm such as IIFL Securities to become a sub-broker with them. They will guide you in how to get registered with SEBI. Once you get registered with SEBI as a sub-broker and get the sub-broker recognition from a broker, it is very easy to start your business.
Registration fees for sub-brokers in India can vary from Rs. 50,000 to Rs. 1 lakh. This registration fee is charged by the broker.
A sub-broker acts as an intermediary for a stockbroker, facilitating trades on behalf of clients but operating under the authority and infrastructure of the main broker. In contrast, a franchise in the financial context refers to a business arrangement where an individual or entity licenses the brand, products, and services of a larger financial firm to operate under their own brand name, often with some level of support and guidance.
While both involve representing a larger financial entity, the key difference lies in the level of independence and branding associated with each role.
To become a sub-broker, one must be intermediate pass. However, higher qualifications enhance the chances of success. Basic knowledge of financial markets, including Demat accounts and trading processes, is essential. Furthermore, proficiency in computer operations and software like Excel is required, along with expertise in online trading platforms.
Good communication skills are vital for client onboarding. Apart from that, applicants must be at least 21 years old and not trading exchange members. They should not be registered sub-brokers elsewhere or involved in any stock exchange default or pending criminal cases.