What is sub broking?
Equity markets are now the talk of house to house with penetration of news and markets in Indian hands has given bright prospects for Indian equity markets to widen investor participation in the capital markets. So is the scope of sub broker who provides broking services to the clients and investors looking for entry into capital markets. Equity as asset class has seen massive inflow of money in last few years and has also given higher returns as compared to other asset classes previously. Hence, whenever a person wants to invest in market he will look for a broker to open a demat and trading account with broker. However, limitations on brokers many open account with a sub-broker who is agent of the brokerage firm for whom he providing services and garnering clients.
With rise in investor participation demand for sub-brokers has also rose in past few years and has provided good business prospects for many people by way of earning commissions by becoming agent of the broker firm. Sub-brokers act as a important link between broker and investor in his investment journey.
Association with experienced brand
Mangal Keshav is one of the oldest brand in the brokerage segment being the member of exchange since 1939. It considered as one of the most experienced broker in the exchanges and by becoming the sub broker of Mangal Keshav you get opportunity to get yourself associated to this experienced brand.
Simple & low Maintenance set up
We provide you all in one and easiest set up with zero cost giving you high margins by garnering clientbase. Further, the onetime deposit fee is also 100% refundable deposit taken at the time of start of relationship
Fast turnaround
With strong support from main office you will get continuous supports and lead on business development giving you opportunity to earn quickly from sub-brokership.
One stop for all products
Mangal Keshav securities is one stop solution for investment in all type of asset classes like equity, debt, derivatives, commodity, currencies, mutual funds, insurance, PMS, IPO services, Corporate FD’s, NRI services.
Technological advantages
Single web-based portal for all multiple exchanges access with various connecting points like website access, mobile access, application-based access.
Seamless Back office system
Mangal Keshav boasts its online business with robust back office system ensuring seamless performance and connectivity
Get real time access
Our stong back office system and technological advancement gives you access to all the required data on real time basis. Giving you an opportunity to monitor the client status on real time basis.
In-depth Research
Mangal Keshav have high qualified professionals who look after research department giving market insights, quality research reports, news reporters, market reports, etc. to enhance the customer experience.
Transparency in transactions
Transparency is key to gain trust, hence we focus on giving you all the service with utmost transparency. The most competitive brokerage policy, timely execution of payin and payouts, etc.
What is eligibility to get the sub-broker agency?
A person should be graduated in any field and must have some experience in the field of finance and capital markets.
Knowledge about functioning of capital markets, economy and investment assets like equity, mutual funds, derivatives, commodities, currency, etc is must Excellent communication skills as sub broker is the key link between investor and broker. He will constantly need to communicate with investors and good communication skills will ensure high client base.
Following documents are mandatory to open a sub-broker agency
FAQ’s on sub broker
What are key objectives of Sub broker?
To garner new clients for broker and get the business from them based on which brokerage will earned.
What is the income for Sub broker?
A sub broker gives business to broker hence gets commission as income from the broker for the every transaction done by the client acquired by the sub broker.