Anugrah Broking Partner

Anugrah broking is one of the leading full-service stockbrokers in India. The company was founded in the year 2003 by Mr Paresh Kariya and Mr Arvind Kariya. The broker started its journey as a broking entity and in a very short span of time, it became a broking house.

Presently, Anugrah has a wide network all over the country. It operates through 400+ business partners with more than 40,000 client base. As far as the active clients are concerned, the broker stands at a count of 8,377.

Anugrah Broking Partner Review

Anugrah offers a wide range of products and services to the clients online, where they can trade online and/or through call and trade facility. 

The Anugrah broking partners have the flexibility of doing business as they want i.e. from anywhere and at any time. The broker provides high-quality market research and services like corporate finance, PMS, Gold ETFs, Realty.

 

Anugrah offers services to the clients which are highly researched and customized. The services are provided to the clients by keeping in the mind their investment needs, satisfaction, and high yield. To provide a high quality of service, the broker provides access to all products and services to the clients and partners.

Also, the broker has various plans to attract more clients such as pay one time and trade for lifetime and trade unlimited for one month with a fixed minimum amount.

Anugrah broking is a registered member with BSE, NSE, MCX, CDSL and NCDEX. They provide you with access to the following products to offer to your clients.

• Equity
• Currency
• Derivatives
• Commodities
• Online trading
• Mutual fund
• IPO
• Insurance
• Depository
• NRI trading

In this article, we will go through the different aspects of Anugrah broking franchise like the types of business models, revenue sharing model, security deposit/Initial investment, offers, the support provided to the sub-broker and many more.

Anugrah Broking Partner Advantages

Following are the advantage of starting a partnership business with Anugrah Broking.

A wide variety of products and services: As listed above, Anugrah broking offers a wide variety of products and services to the clients and business partners. Your clients will find it convenient to get any investment product at one stop.

They do not need to go to any other broker in search of any trading or investment product.

High-quality research: Anugrah broking is well-known for its quality research reports. You can provide your client(s) with these specific reports to help them in taking the right investment and trading decision. A right decision further means profit and revenue for the company.

Training: The broker will provide proper training to you and your clients. They will provide you with training on how to use the trading platform used by them and other technical things.

They will also tell you what is the rule and regulation, how to run the business and acquire the clients to run the business smoothly and earn a good profit.

Business support: You will get business related supports from the Anugrah broking. They will try to run your business by providing you with all the required support. They will provide you with some infrastructure, lead for clients and many more.

Marketing: The broker will help you in the marketing of your business through different types of advertisements like TV, Newspapers, mouth to mouth publicity etc. In this way, you will get more and more clients for your business.

Attractive commission sharing: You will get an attractive percentage of revenue generated by your clients. The broker provides you chance to enhance your earnings by various predefined ways.

Affordable security deposit: Anugrah broking gives you an opportunity to start a partnership business by depositing very less or can say affordable amount as the security deposit.

Anugrah broking Partner Types

Anugrah broking offers only one type of business model i.e

• Business Associate

Business Associate:

The business associate model is a different type of model than the partner/franchise model. We can say this is an agency model in which you will be provided proper training and support by the Anugrah team to use the portal of broker for yourselves and for your clients.

The business associate will get marketing support from the internal team of the company. They will also get a relationship manager who will help in generating and closing the business leads.

Once you become an Anugrah broking partner, you will get full marketing and brand support. You can use the brand name of the broker to trade, acquire and service clients.

Again, you will be provided with regular training on all the products available to the broker through online, offline and classroom training. You can provide your clients with regular SMS, Brouchers, mailer etc to help them in trading.

Apart from this, you will have the right to walk to any branch of the broker to use the office to conduct a meeting with your clients.

Benefits:

• No need to set-up a separate office.
• Right to use the infrastructure of the broker.
• Regular training will be provided on all the trading and investing products.
• A relationship manager will be assigned to every business associate.
• Right to use the research reports, tools and other techniques of the broker.

Anugrah Broking Partner Commission Sharing ratio

Every business model has a different percentage of revenue/Commission sharing ratio. Anugrah Broking offers you 20%-40% commission/Brokerage generated by your clients. The remaining 60%-80% will be kept by the broker.

Suppose, total brokerage generated by you and your clients is ₹2,00,000 in a month, then you will get as minimum as ₹40,000 (and as high as ₹80,000) and the minimum share of Anugrah will be ₹1,20,000.

As a business associate, you are not investing anything on your business set-up or office set-up. You are getting the full infrastructure of the broker to do your business. Also, the broker supports you at each and every step of your business so, the mentioned revenue sharing ratio is justified and in-line with the other brokers in the industry.

Each business model requires a security deposit to start a business. Almost all broking houses demand a security deposit of different ranges from the partners for any uncertainty in the future.

 

Anugrah Broking Partner Security deposit

The security deposit required for the Business associate model is in the range of ₹15,000 – ₹30,000. This range is affordable and encourages new partners to do business without any financial stress.

Thus, if you are looking to set-up a stockbroking business with minimal initial capital, then Anugrah broking partner business suits you pretty well.

 

Anugrah Broking Partner Registration

Following are the steps to become a business associate of Anugrah Broking:

• Fill the registration form available here with your required basic details.

• The call centre executive will give you a call to know your interest in the partnership business with the broker.
• Another call will be from a sales executive of the broker to fix a meeting with the sales team.
• You are free to ask and clarify your queries related to the partnership business you are going or thinking to start with them. You can ask about the business model, revenue sharing ratio, security deposit/Initial investment, offerings, the support provided by them etc.
• You are required to submit all necessary documents to the broker with the security deposit cheque.
• An agreement will be signed between both the parties.
• Lastly, they will provide you with an account ID to start your business.

The whole process will take almost 5 to 7 business days.

Anugrah Broking Partner Summary

Anugrah broking is not too old broking company in the market. But has gained a lot of experience in the same field in this short duration. It provides you with an opportunity to join with them by offering a business Associate model. The commission sharing ratio is competitive with low-security deposit.

The broker is very efficient in providing quality research reports to your clients through which they can take the right decision.

The brokers offer various products and services for trading and investing purposes. It offers good quality of trading platforms and has various offers to attract clients.

Overall, Anuragh broking is a good option to start a partnership business in the broking space.