Coimbatore Capital Sub broker

Coimbatore Capital is a Full-service stockbroker, established in the year 1995. The broking company was founded by the industrialist and the financial expert Mr D Balasundaram. He is also the founder-director of the Coimbatore Stock Exchange Limited and Inter-Connected stock exchange of India Limited.

When it comes to Coimbatore Capital Sub-broker business, the broker offers quite a range of benefits and provisions for its partners. One of the foremost values the broker brings is its reputation in the market.

Coimbatore Capital Sub broker Review

Coimbatore Capital is one of the most growing and trusted stockbroking company to provide a large array of financial products and services.

The broker has a growing client base in South India and focusing especially on the retail segment. As far as numbers are concerned, the broker has an active client base of around 6,000 with a complaint percentage of only 0.03% (industry average is 0.05%).

The headquarter of the company is at Coimbatore and has over 150 terminals/branches in South India.

The company is continuously expanding its business to semi-urban and rural areas. The broker provides advanced technology and tools to the clients for a better investment return and increasing trading profitability.

 

The broker is a member of NSE in equity, currency derivatives and Futures & Options segments and mutual fund services scheme. The broker is also the depository participants NSDL. It Is the first depository participant outside Mumbai and Delhi.

As a business partner of the Coimbatore Capital, you will be able to provide the following products and services to your clients:

• Equity
• Equity Future & Options
• Interest rate futures
• Currency trading
• Depository services
• Commodity derivatives
• Mutual funds
• Insurance services
• IPO

The business model offered by the broker rests on the depth research and analysis.

In this article, you will get the details of the Coimbatore Capital Sub broker like security deposit required, business model, offers, costing, revenue sharing ratio etc.

Coimbatore Capital Sub broker Advantages

Following are the advantages of starting a partnership business with the Coimbatore Capital.

One-stop shop for all financial products: You can offer almost all financial products for trading and investment purposes for your clients like equities, commodities, currency, mutual funds, depository services, insurance etc.

Trading facility: Your clients can enjoy the trading facility at NSE, BSE, MCX, and NCDEX.

Simple registration process: The registration process is very simple. It will be convenient for your client to register under all segments.

Dedicated relationship managers: The broker appointed dedicated relationship managers for all branches and clients so that there would be no problem in coordination.

Easy data access: Clients and branches can easily access the required data since the back office is browser-based.

Market news: Clients and branches can easily get full fledge market news related to the stocks or other trading products through SMS and E-mail.

Easy payment process: The broker provides online payment and receiving of fund facility to their clients and business partners. Also, your clients can get paid on time as prescribed by NSE/SEBI.

Fast activation of trading terminals: The trading terminal activation process of Coimbatore Capital is very fast. It activated within the 7 days of submitting the application.

Affordable security deposit: The security deposit demanded by the broker is affordable. Anyone who wants to start a business with low initial investment can join hands with this broker.

Coimbatore Capital Partnership Types

Coimbatore Capital offers only one type of business model to the customers

• Business Associate Model

Business Associate model:

Business Associate is the first and only business model offered by Coimbatore Capital.  Under this model, an associate is required to set-up his/her own office from where they can work with the minimum infrastructure.

If you want to get associated with the broker as a business associate, you are required to full-fill the following requirements.

• You must have registered as a sub-broker as per NSE/SEBI rules.
• Must have NCFM certification in cash/F&O/Dp.
• You will have to arrange client registration as per NSE rules.
• The required office area is a minimum of 250 square feet in the prime location of the city.
• You need to submit rent agreement for the premises you have taken for the office set-up.
• Computer systems required with the minimum configuration of 2GB Ram, Dual-core or higher, CD ROM Drive, 250GB HDD or higher, the monitor should be minimum 17” with Windows 7 or higher and good quality of antivirus software.
• UPS/TV/Printer and basic facility required for the infrastructure.
• Internet connection should be a minimum of 1 Mbps.

Benefits:

• An opportunity to become an entrepreneur.
• Right to handle your clients and set the brokerage fee.
• Right to access everything used by the company for trading and investment purpose like technology, trading platforms, required tools, reports etc.
• Support in marketing, business set-up and client acquisition.
• Affordable security deposit.
• Competitive revenue sharing ratio.

Coimbatore Capital Sub broker Revenue sharing

The revenue sharing ratio of the business Associate model is in line with the other brokers in the industry.

It depends upon the prefixed target given by the broker to the partners. If the revenue generated by the business associate is up to ₹3 lakhs then the revenue sharing ratio will be 60:40. The partner will get 60% of the revenue generated while the Coimbatore capital will keep 40% of the revenue generated.

Again, if the revenue generated by the partner is above ₹3 lakhs then the revenue sharing ratio will be 70:30. Means the partner will keep 70% of the revenue generated while the broker will get only 30%.

 

This revenue sharing model gives you the opportunity to earn more and more and can also be increased if the revenue generation increases further.

Coimbatore Capital Sub broker Initial Deposit

As a business associate of the Coimbatore Capital, you are required to deposit a minimum ₹50,000 security deposit. The security deposit is fully refundable at the time of the end of the agreement between both the parties.

Apart from this, you will have to pay ₹300 account opening charge (DP+Trading) or ₹150 for trading only, Annual maintenance charges DP (AMC) is ₹350.

 

The security deposit is charged to meet any non-payment of the business associate. That amount will be adjusted from the security deposit.

Coimbatore Capital Sub broker Registration

Following are the steps to become a business associate of the Coimbatore Capital Sub-broker

• Fill-up the registration form with all your required details. You can use the following form as well:

• You will get a call from the call centre executive to verify your interest in the partnership business.
• Again, you will get a call directly from the company by a sales executive who will fix your appointment with the broker for more detail.
• At the meeting, you are free to ask everything related to the partnership business with the Coimbatore Capital like the basis of the revenue sharing ratio, support from the broker in the partnership business, offers etc.
• They will ask you to deposit the required documents for the verification purpose with the security deposit money.
• After completion of verification, they will provide you with an account ID to start your business.
• Now, you are ready to start your business and become an entrepreneur.

The complete process will take almost 4-5 business days to complete.

Summary

Coimbatore Capital offers a variety of financial products and services to its clients and business partners. The technology used by the broker is fast and reliable. The company has experienced research team who provides a well-researched report that helps clients in taking the right and profitable investment and trading decision.

The revenue sharing ratio is appreciable and the security deposit is also affordable. So, it’s not a problem for those who have little initial investment amount. The broker lacks in its offline presence in all over India as it is restricted to South India only. So, it has comparatively fewer clients than competitors.

Overall, from the point of view of partnership business in broking space, Coimbatore Capital is a good option.

If you are looking to get started with a stockbroking business, let us assist you in taking the next steps forward: