Angel Broking Remisier
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Every stockbroker comes up with one or multiple sub-broker models that offer an opportunity to you to earn extra income. Among many of its models, the Angel Broking Remisier model is the one that can help you add on the income without much initial investment.
But first of all, you must be having a few questions on your mind, like:
Who are these Remisiers? What do they do? What does it have to do with you, of course!
Remisiers are the primary agents bridging the gap between investors and the stockbrokers by sourcing the clients for the broker houses, basically introducing them to the Angel One trading space.
In return, they earn from commissions that they receive from the sales conducted as brokerage on a percentage basis.
Becoming an Angel Broking Remisier requires you to just introduce your contacts to the firm and relax, now certainly your next question would be:
How do they benefit from this?
Well, this is an earning system, in which on every successful referral the Remisier earns up to 25% of the trading brokerage in an easy, simple and convenient manner on every trade made by the client.
So let’s say you refer to 20 clients out of which 13 are trading actively and pay brokerage of let’s say 3000 per month.
Now 13*3000= ₹39000
Calculating 25% of 39000, it would be equal to ₹9750. This could be even more as there is no upper cap in the Angel Broking Remisier model.
Now that this sounds pretty amazing, let’s take you into the process of becoming a Remisier;
Documents Required to become an Angel Broking Remisier
Since the entire process happens under the surveillance of SEBI, a few mandatory documents are required to apply for the Remisier program as you can see in the list below:
- PAN card
- Aadhaar Card
- Academic Certificates (minimum intermediate required)
- Residential Address Proof
- Office Address Proof (electricity bill, Phone bill, etc)
- 4 photographs
- CA reference letter
Note: all the documents submitted need to be attested by a notary or a CA.
How to Open Remisier Account?
Once you’re ready with all the required documents, it’s now time to start the application process;
- Firstly, you need to visit the Angel One official website where you’ll find the “Remisier Application Form”. You can use this form as well to kick off the process too:
- Fill in the details to open a remisier account and click on “APPLY NOW”
- Post which you’ll receive a call from the Angel Broking Business Development Executive to ask for a few details,
- Now submit the required documents.
- Now submit the cheque along with the registration amount.
- Finally, your tag will be generated.
And you can then start working as a Remisier once you receive your tag. By the way, the support team can help you in the overall process too.
You don’t have to worry, at all!
Angel Broking Remisier Benefits
Becoming a remisier with Angel Broking creates an additional source of income while working as a part-timer or even through running it as a side business; as from the list you‘ll get a clear idea of what advantages can this plan to bring in your life;
- No capital investment required
- Tracking your earnings is made easy by services provided by the Angel One
- Aggressive brokerage sharing of up to 25%
- Offers transparency of payments through a mobile app
- No additional office space required
- Freedom to work independently, anytime, anywhere
- Get a client once and earn up to 25% brokerage for every trade done in the entire life span
Yet as you know nothing comes easy, becoming a remisier with Angel One requires a set of qualities and qualifications that one need to possess to get onto this roller coaster;
- Good communication skills
- A good network of people
- The basic qualification of HSC
- Minimum 18 years of age
- Need to register themselves with the stock exchange to get hired by the stockbroker.
Conclusion
So becoming a remisier with Angel broking is an added advantage in the life of an investor already trading with Angel Broking and perhaps for the one looking forward to starting trading with Angel Broking.
Here all you have to take care of is the referrals you provided to the broker are trading actively.
So why miss out on the opportunity where you can earn some extra cash by extending the helping hand to clients and bringing them into the smart investment and wealth creation space called the Stock Market.
And get all of the benefits at absolutely no cost.