Which Brokerage house would you suggest for obtaining Sub broker ship for NSE (Cash & F/O) & Commodities?



HI, I would like to know which Brokerage houses can be considered for sub broker ship. What would be the industry norms regarding the margin money & brokerage they charge. Barring the admin expenses, what quantum of business would be needed to make the sub brokerage viable ? In advance, Thanks for your help.

2 Replies to “Which Brokerage house would you suggest for obtaining Sub broker ship for NSE (Cash & F/O) & Commodities?”

  1. As a starter you should try Power Broker of Sharekhan Ltd. It is a reputed and one of the oldest broking house in India. With power broker you can start business with very less investment (Deposit Money), Normally they give franchise of power broker with deposit of Rs. 50000/- only in which you can trade in NSE, BSE and in F&O. In this franchise you can open online accounts of your client who themselves can trade at their place and you will get brokerage share for his trading. Also the Headache to control excess position of individual client is also shifted to online system. It is a very good one. You can contact to any of the nearest branch for franchisee.






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