ISE Securities Franchise
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ISE Securities franchise business is trying to place its feet among the big guns and is gradually finding its space in the industry.
ISE Securities was established as a full-service stockbroker on 18th January 2000. The company is a subsidiary of the Inter-connected stock-exchange of India Ltd i.e. ISE. The securities and exchange board of India (SEBI) formulated a policy for the ‘Revival of small stock exchanges’ and the broker comes under the same policy.
ISE Securities Franchise Review
Under this policy, a small stock exchange can become a member of a big stock exchange like Bombay stock exchange (BSE) or National stock exchange (NSE) by the permission Of SEBI.
ISE Securities is registered by the SEBI as a trading-cum-clearing house in the equity market segment, future & options market segment in National stock exchange (NSE) and equity market segment of Bombay stock exchange (BSE).
If you are a trading member of the ISE, you can trade through both NSE and BSE by registering yourself with SEBI as a sub-broker of the company.
ISE Securities is a one-stop-solution to those traders who are in small cities and want efficient and cost-effective trading with good settlement services.
The broker, ISE Securities started its operation in NSE on 3 May 2000 and in the BSE segment on 24 December 2004.
The broker offers the following products to their customers to trade with them in three different segments.
At present, ISE Securities operates from 80 locations in India which includes Ahmadabad, Allahabad, Aurangabad, Baroda, Bhubneshwar, Burdwan, Bhopal, Coimbatore, Hyderabad, Indore, Delhi, Dhanbad, Jamshedpur, Jharkhand, Mangalore, Mumbai, New Delhi, Patna, Noida, Raipur, Ranchi, Sasaram, Silva and Vadodara.
In this article, we are going to discuss different aspects of the ISE Securities franchise like the business model, revenue sharing ratio, costing, offering, security deposit etc.
ISE Securities Franchise Advantages
By starting a partnership business with ISE Securities, you will get the following advantages as a sub-broker.
- A wide range of product and services offered by the broker, your clients especially from the small city can get benefited from this. They can earn a good profit by trading on different products.
- Wide offline presence of the broker, helps you to acquire clients easily as the name of the brand will already be in the mind of the customers.
- You, as an Authorized person of the ISE securities, can open the Demat account of your clients to the broker.
- You can use research and advisory service of ISE securities for the help of your clients in the decision making of trading.
- All latest Technology and trading platform used by the company is allowed to use by you and your clients.
- As a sub-broker you can take the benefit of the back office system of the company, you can easily handle the workload of your clients.
- As the broker deals in the three main segments of the stock market, it will help your clients get associated with you for a long time.
ISE Securities Franchise Types
ISE Securities offers you a single business model to get associated with them:
- Sub-broker/Authorized person.
ISE Securities Sub-broker/Authorized person:
The Sub-broker/Authorized Person business model is one of the main business models offered by broking companies.
Under this model, you are allowed to access all technology and tools used by the main broker. You need to set-up a separate office from where you and your clients can work.
As an authorized person, you have to make available office premises, VSAT, enough space for setting up a trading terminal etc. The area you choose for your office set-up must have enough space to carry out the business operations and your clients can comfortably work from there.
The trading terminals provided by the company can be used by your clients only. You will be required to deposit some security deposit with the ISE Securities.
Benefits:
If you decide, to start a partnership business of your own with ISE securities, you will get the benefit of the following things.
- The broker will help you in the advertisement for your new business through various sources of advertisements.
- Research analysis reports can be used for making the right investment decision.
- Right to change the charge structure for your clients.
- You can provide trading terminals and tools used by the main broker to your clients.
- The revenue sharing ratio is attractive. Opportunity to earn better and better revenue sharing ratio on the basis of various factors like more revenue generated by you.
- The minimum amount of initial investment is low as compared to other brokers.
ISE Securities Franchise Revenue Sharing
The range of revenue sharing of ISE Securities is between 40%-80%. This ratio is very attractive and in-line with the industry.
It means if you generate revenue of ₹100, you can earn ₹40 – ₹80 and the remaining will be the share of the main broker. This ratio depends on various factors and the broker fixes the ratio considering all necessary factors like the security deposit, revenue generated, the brand name of the company etc.
It can be bargained also.
When you sit with the broker to discuss the detail of the franchise business, you can try to maximize the revenue sharing ratio. While doing your business, if you continuously achieve the given target, then also you can approach for better revenue sharing ratio.
For starting a partnership business with ISE Securities, you are required to deposit some Security deposit amount to the broker. The range of security deposit is between ₹50,000 – ₹2,00,000. This range is not fixed and changed by the broker from time to time.
ISE Securities Franchise Security Deposit
The security deposit is taken for any losses, any unknown cost incurred, any type of fee required in future, which an authorized person is not able to pay will be deducted from the security deposit.
On the other hand, expenses of the broker in setting up a business for the sub-broker is also charged and deducted from the paid money when you exit from the agreement with the ISE Securities.
The range of security deposit is in line with the industry, it may be higher or lower also.
ISE securities Franchise Registration
By following the below-mentioned steps you can get registered with the broker:
- Fill the registration form available on the website with the required details. You may choose to use the below-displayed form as well:
- Attend a call from the call centre executive for your interest verification.
- Get another call from the company, to know the brief of the partnership business with the broker. An appointment will be fixed during this call for the detailed discussion.
- Ask everything you want to know about the sub-broker business with the main broker during the meeting.
- Terms and conditions of doing business with them will be informed to you.
- Submit all the required documents with a security deposit cheque for the verification purpose.
- After verification, you will get an account ID to start your business.
- Now, you are fully prepared to make your dreams come true.
It will take almost 7-10 business days to complete the entire process.
Summary
From the above discussion, we come to know that the broker provides the revenue sharing ratio is attractive and the security deposit money is in line with the industry. It also provides many advantages to their business partners with a wide offline presence in the country.
With an average image of the broker, one can start a partnership business with them. It provides almost all facilities to their business partners which are provided by all the brokers in the industry. So, it is not a bad idea to become a business partner of ISE Securities.
If you are looking to get started with a sub-broker or franchise business in the stockbroking space, let us assist you in getting things forward: