May 18, 2022
Swastika Investmart Sub Broker

Swastika Investmart Sub Broker

Swastika Investmart Sub Broker is a renowned business opportunity in the stockbroking space. Swastika Investmart was initially known as Swastika Fin-Lease and is currently based in Indore, Madhya Pradesh with its registered office in Mumbai. Though this sub-broker partnerships firm started back in the year 1998, the franchise business was initiated in 2002.

Swastika Investmart Sub Broker Review

Swastika Investmart is registered with RBI and is an NBFC (Non-banking financial company) that is growing at a pretty quick pace. It has been registered under SEBI as a merchant banker as well. One can borrow loans from it using the shares and property for collateral. It is also known to offer student loans, gold loans, etc.

Despite being a relatively newer player in the stockbroking industry, it has been successful in creating a customer base that exceeds 65,000 and is spread across 55 cities in India. The number of Swastika Investmart Sub Broker outlets is about 300. Swastika Investmart has another firm named Trading Bells under its cohort.

It ensures complete transparency of its business operations and provides a good revenue sharing ratio to its business partners. All such factors give you the feeling of value for money deal by joining this full-service stockbroker.

If you intend to enter into a partnership with this firm, you need to know its various aspects such as its business models, revenue sharing ratio, investment, offers etc so that you can take a well-informed decision.


Swastika Investmart Franchise Partnership models:

With Swastika Investmart Sub Broker, you will get an option to choose from the three kinds of business or partnership models, each having different aspects. Go through the details of these models in the following section to know which one best suits your business goals:

Swastika Investmart Sub-broker Model:

In this model of Swastika Investmart Sub Broker, the responsibilities of the sub-broker are same as that of the broker. This involves spotting potential customers and convincing them to become the firm’s clients. It is done by providing them with all the facilities and services to ensure ease of trading.

An office has to be set up in this business model where the clients can trade using the trading platforms. So, if you want to opt for this model, be prepared to bear the infrastructure investment cost.

Swastika Investmart Remisier Model:

The functions of a Remisier in this model are the same as those carried out by the firm’s sub-brokers. They primarily find out potential customers. After converting them to the company’s clients, they get their accounts transferred to the Swastika Investment.

After this, the execution of trades is looked after by the firm. A Remisier operates until the client signs the partnership agreement.

Swastika Investmart Referral Model:

This business model of Swastika Investmart Sub Broker has the least responsibilities. All a person has to do is get the potential clients introduced to the firm, after which the remaining functions will be carried out by the company.

So, if you want to enter into a partnership with this firm besides running your own business, then you can definitely opt for this model and earn a good income.


Swastika Investmart Sub broker Initial deposit:

If you choose to become a stockbroking business partner in any capacity, then you are supposed to provide an initial deposit to the broker. Some people term is as a security amount, which is mostly refundable in nature.

In the case of Swastika Investmart sub-broker business, the initial deposit varies with the business model you choose to associate with the broker:

Sub-broker model

Compared to the other players in the stockbroking industry, the security deposit charged by Swastika Investmart Sub Broker is less. In the case of the sub-broker model, ₹50,000 is the initial security amount you have to pay, though there are other investment costs related to the infrastructure setup.

This cost will be saved if you already have an infrastructure to operate from.

Introducer or Remisier model

This model needs even lower security deposit amount, ranging from ₹10,000- ₹40,000. Here, you do not need any infrastructure investment.

Referral Model

This model does not require any initial costing to be put in by the partner. Thus you can choose this model as a default one if you are not too keen on which model to go ahead with or whether to go ahead at all.


Swastika Investmart Sub broker Revenue sharing:

The revenue sharing for each business model of Swastika Investmart Sub Broker are enumerated below:

Sub-broker model:

The actual revenue share a business partner can get depends on the client’s revenue generation potential as well as the initial amount that has been deposited with the firm as the security money. In general, the percentage ranges from 50% to 70%.

Remisier model:

The revenue share of Remisier ranges between 20%-40% and is negotiable in nature. If you succeed to provide a strong reason, you can negotiate higher amounts.

Referral Model

Under this model, you are provided with a fixed referral ₹500* per referred client will be transferred to your account.

*Although, this value and the mode of payment transfer changes every now and then. You are advised to check with the broker before entering into this model.


Swastika Investmart Sub Broker Benefits and drawbacks:

There are pros and cons of associating with Swastika Investmart in different capacities. Let’s have a quick look:

Sub-broker model:

The advantages of joining this model are as follows:

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  • Its revenue-sharing ratio is good.
  • If you want to set up your own business and establish your career in the stockbroking industry, then this is a suitable model for you.[/su_list]

There are certain drawbacks of this model, which are:

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  • It needs investment for setting up the infrastructure.
  • You have to get new clients to enhance the existing customer base of the firm.[/su_list]

Remisier model:

Its benefits are:

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  • You do not have to invest in setting up the infrastructure as you can work from the broker’s office also or anywhere which is convenient for you.
  • Once the sub-broker agreement is signed by the client, your responsibilities are over.[/su_list]

Drawbacks:

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  • Though your responsibilities in this business model are at par with those of the sub-broker, you won’t get the same commission as him.
  • Depending on the clients’ generated volume under the Introducer, you will get the commission.

Referral model or the Introducer:

Advantages:

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  • According to the responsibilities of this model, you can get the optimum revenue share/commission.
  • This also doesn’t need setting up the infrastructure for business operations as in case of the sub-broker model.[/su_list]

Disadvantages:

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  • You can’t enjoy an extensive role in the company in this model.
  • Limited revenue sharing[/su_list]

Swastika Investmart Partnership Offers:

As a part of this full-service stockbroker, you can enjoy various offers, some of which are enlisted below:

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  • Clients can open their Demat account for free.
  • The customers can opt for any of the three business models as per their convenience and business goals.
  • The initial investment amount needed to begin a business with Swastika Investmart Sub Broker is quite affordable, so this won’t be a constraint for anyone who wants to join a reputed stockbroker.
  • It has a flexible revenue sharing ratio, so you can use your negotiation skills to get higher revenue.
  • Owing to the wide range of products, it becomes easy to acquire new clients. This is because not all clients have the same needs and not everyone wants to trade in the same segment.
  • In case you have self-sufficient clients, the firm provides discount broking with low brokerage charges.[/su_list]

If in case you are looking to be a sub-broker, partner or want to set up stockbroking business in any capacity, let us assist you in taking the next steps forward:

B2B LEAD FORM

Swastika Investmart Partnership FAQs:

You may be searching for the best stock broking house to start your business and in the process, many questions may pop up in your mind. We have answered all such frequently asked questions related to the Swastika Investmart Sub Broker in the following section:

What are the business models offered by Swastika Investmart?

There are three business or partnership models of this full-service stockbroker, i.e the sub-broker model, the Remisier model, and the introducer or referral model.

Is there any initial investment needed while opting for a business model of this firm?

Yes, you need an investment of ₹50,000 in the sub-broker model.

along with the infrastructure investment costs. Similarly, in the Remisier model, ₹10,000- ₹40,000 is needed as the security amount and the referral model doesn’t require any investment.

Swastika Investmart Sub Broker is suitable for whom?

If you are someone who wants to set up your own business with the least initial investment, then this is the stockbroking firm for you as it has different partnership models that let you attain your business goals easily.

What are the benefits of joining this firm?

You can avail the following benefits on joining this firm:

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  • In order to ensure proper connectivity of the staff and the clients, the firm provides a seamless CRM platform for convenience.
  • There is no delay during the payout, as it is automated and has fixed timelines to accomplish this.
  • You can access a seamless trading platform with this firm that is fast and easy to work with. It provides you with software for trading, mobile applications, as well as a fully equipped back office software company that ensures complete fulfilment of the next gen needs.
  • The clients get in-depth research reports on a regular basis that is generated by a team of experts consisting of strategist analysts related to the fundamental, technical and derivatives fields. This enables them to take the right decision while trading and thus get good profits.
  • Through the integrated and transparent services, the company ensures you complete value for your investment.
  • Besides this, for the clients, it is a  one-stop destination as there are a variety of products and services offered by it for investment purpose.
  • It is quite easy to trade at an exchange and square off in another.
  • The company strives to understand the requirement of the customers and provide them with complete support to excel and fulfil their dreams.[/su_list]

What are the products and services offered by Swastika Investmart Sub Broker?

With this firm, you can get to trade with the stocks, currency, mutual funds, PMS, DP, commodity, IPO, etc. Similarly, the available services include corporate advisory services, Merchant banking, Non-banking financial services, Depository services, etc.

What are the exchanges in India of which Swastika Investmart Sub Broker is a member?

The renowned premier exchanges such as  NCDEX, MCX-SX, NSE, BSE, ICES, and USE are the ones of which this firm is a member. It is well known for providing reliable services to its clients.

How to register with the Swastika Investmart?

The process of sub-broker registration with the Swastika Investmart Sub Broker involves a few steps which are enlisted follows:

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  • A registration form available at the company’s website needs to be filled up after which a confirmation call will be done to make sure that you are interested in the business venture. The form asks for all your basic details.
  • Once your interest is verified, an appointment needs to be fixed with the executive for a face to face meeting, where you get a chance to get all your doubts regarding the business model clarified.
  • The executive will make you understand various aspects of the business during this meeting. Also, make sure to use all your negotiation skills to negotiate the revenue share during this phase, as doing the same after registration will be of no use.
  • With proper bargaining, you can get things in your favour and enjoy a greater share. No one ever informs you that it is negotiable, but you should do this without fail.
  • If you are fine with all the aspects, then you need to submit the relevant documents needed for the registration process along with the security deposit cheque.
  • These documents will be sent for verification near the firm’s team who will conduct a background check.
  • If everything is fine and the requirements are met, then your account for beginning the business operations will get activated.[/su_list]

How long does the registration process take to be completed?

It generally takes around 5 to 10 business days for the process to be completed. But if any document or relevant information is found missing, then you need to submit that again, which will lead to a delay in the process completion.

What support does Swastika Franchise Investmart provide its clients?

On partnering with the firm, you can expect the following support from it:

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  • It provides timely technical assistance.
  • When you are setting up your infrastructure initially, you will get support to make sure that the office is well equipped for carrying out the business operations smoothly.
  • In case there are any queries at any time, it will be promptly resolved by the customer support.
  • Complete training is provided to the partners regarding the trading platforms so that they can trade conveniently.
  • Whenever advisory support is needed, you can seek it from the experts in the firm.
  • Regarding marketing, the firm provides posters, signboards, standees, visiting cards, and handouts, etc. to create brand awareness and attract potential customers easily.[/su_list]

What documents need to be submitted for the registration process?

Keep the following documents ready to make sure that the registration process gets completed quickly:

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  • PAN card
  • Aadhar card.
  • Certificates showing the proof of your educational qualification, which should be at least 12th pass.
  • Documents showing the proof of your age, which must be 21 years.
  • Bank statement or cancelled cheque.
  • 2 passport size photos.
  • Proof of your residence.
  • A registration certificate with SEBI or stock exchange.
  • Proof of office infrastructure.[/su_list]

If you need information on other stockbroking business partnerships, here are a few reference links for you:

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