How to Start Sub Broker Business? Become Franchise, Sub Broker, Remisier?

Who is a sub-broker?
Any person not being a member of a stock exchange who acts on behalf of a stock-broker as an agent or otherwise for assisting the investors in buying, selling or dealing in securities through such stock-brokers.
Or more simply put, a sub-broker can be viewed as a branch which has its own infrastructure and shares revenue with the main broker in exchange of using the brand name and operational support services.
Eligibility Criteria
Age more than 21 years
2-3 years experience in the broking business, either as a sub/main broker, or as an employee of a main/sub broker.
Basic qualification required is HSC (12th Standard). In case you don't have basic qualification, you must be a matriculate with minimum 2 years of experience in capital market.
Infrastructure Required
Office space of approximately 200-500 sq feet
Workstation (computer/Laptop) with ISDN/VSAT connectivity, required to set up a trading terminal and back office systems.
A minimum deposit of Rs. 2 Lakhs
Employee strength:1 NCFM certified dealer,1 BCSM certified dealer and 1 BCCD certified back office staff
What all segments do we offer?
Cash: NSE, BSE
F&O: NSE
Currency derivatives
Commodities (In process of acquiring license)
What all trading platforms do we provide?
ODIN
EXE
Web
What are the available sharing mechanisms?Option 1
The sub-broker can charge any brokerage from the clients (as per SEBI norms) but has to pay us fixed percentage of brokerage. Fixed percentage of brokerage will be decided upon meeting.Option 2
The branch can charge any brokerage from the clients (as per SEBI norms) which will be shared with the Head Office. Ratio of sharing of brokerage will be decided upon meeting.
Why join us?Hassle-free support system
Easy registration process
Brokerage release date: 10th of every month (adjusted for gross debit of the sub-broker) Extremely attractive brokerage slabs Flexible trading limits for key clients Guaranteed 24-hr response time and query resolution
Supported by dedicated Quick Response Personnel Marketing support
Dedicated Marketing Staff in each region
Regular Investor Meets in respective cities Teleconference with Channel Partners
Before and during market hours
Positional calls based on fundamentals
Weekly Stock Market Review
Support from the Technical Analysis desk during market hours Apply Now Banking Relations
Most public sector
Leading private banks