Angel Broking franchise was incorporated in the year 1987. Its head office is located in Mumbai. Exchanges enabled for this full service broker are BSE, NSE, MCX, NCDEX. Demat is registered with CDSL. It does not charge any basic trading fee. But in commodity, payment of Rs 300 has to be done. Demat account AMC is Rs 450 for Angel Broking.
Angel Broking is one of the noticeable stock brokers with largest sub broker network. Now a days, numerous traders choose online trading system in India but there are many novice traders, who still carry forward their trading with the help of offline sub networks available in India.
Angel Broking has nearly 8500 branches across India. Which made the value of its offline network quite catchy. Whooping in the context of effective sub broker network, it is also taking long stride in its technological features.
Its Trading platform which is named as Angel Speed Pro was made to have access on Windows- XP, Vista, 7, 8 and Windows 10. It can also function on 32-bit system. This application allows you to have live streaming of stocks and keep market updates on your finger tips.
As it has very large franchise network, the big part of revenue is generated from its offline networks. Day will come soon when just because of its business partner and master franchisee network in India, it will undergo metamorphosis from its status quo.
In India, Angel Broking franchise has two sub divisions:
This venture of Angel Broking has low investment involved in its formation. It also ushers in case of business, market and technological aspects. The registration process involves only 3 days and on the third day sub broker may get its registration number from exchange like BSE or NSE.
For this sub broking venture the initial security deposit of Rs 50,000 has to be done which is refundable. Benefits of such sub broking firms include timely payouts on monthly basis and it includes market and brand support at various stages. They also take a step forward in organising webinars, training and other necessary sessions.
The answer to your quest that, why to opt Angel Broking as your business partner may include following points:
Being trusted retail broking brand in India, Angel Broking has availed many personalised services at various levels. It has also provided updated software and applications to make the process easy and convenient. Revenue model of Angel Broking is based on sharing certain part of it with its sub brokers, as they get 70% of the brokerage generation and Angel Broking itself get 30%.
This full service broker is quite popular for its ATL marketing campaigns. With advanced technical platforms, it also provides full time back office support.
Just with the certain deposit, which is not so high, you can become Angel Broking partner in business. That deposit is completely refundable. With this simple step you can start serving your business clients which in return, can benefit you with the good profit.
If you are becoming sub broker of Angel Broking, you need not to worry much about this. As Angel Broking is a recognizable full service broker in India, it has dynamic growth aspects.
It has the huge airspace occupied with more than 8000 sub brokers. It ensures the quality of base foundation with its market presence in over 900 plus cities.
Besides providing flexible leverages and risk management, it also helps in making sub brokers aware of better business opportunities using trade programs, webinars, seminars etc.