5Paisa Franchise or Sub Broker or Partner Business – Cost, Commission & more

The industry has numerous discount brokers, but 5paisa stands out with its innovative offerings and competitive commissions. In addition, its 5paisa Franchise became quite popular among business enthusiasts.

Many aspiring individuals consider it a potential business. So, if you want to join the 5paisa Sub broker business, this article is just for you.

5paisa is a reputed brand in the stock broking industry. It was founded in 2016 and has franchises all across the country. The business is reaching new heights with a network of over 3000 sub-brokers.

Also, its commission range is top-notch in the industry. Moreover, with no initial investment, any individual with a strong passion for stocks and trading can kickstart their career in business.

Also, the payout time of 30 days is pretty decent too. Individuals can make more than Rs.1 lakh monthly through 5paisa Partner Business.

Above all, there is no compulsion to set up office space. If you want to check out what is in store for a 5paisa sub-broker, you must read this article thoroughly.

5paisa offers sustainable commissions to its partners. Moreover, it has one of the best revenue-sharing models in the stock broking industry. It provides around 30% to 50% revenue sharing to its partners.

In addition, the firm offers a referral bonus. The per-client acquisition cost is pretty reasonable compared to the 5paisa Sub-Broker Commission.

It offers Rs.555 for onboarding a new client, undoubtedly the top referral bonus provided in the industry. Even if the active clients do not make enough trading, the sub-broker can earn moderate profits through client acquisition.

Luckily, 5paisa does not demand a security deposit from sub-brokers. So, any passionate person interested in stock broking can approach 5paisa to become a sub-broker.

However, they must pay exchange charges of Rs.3000, which are minimal and one-time. In addition, they should be ready to pay Rs.25,000 to Rs.50,000 in office expenses until the business profits.

Thus, the 5paisa Franchise Cost includes office expenses, which can be overlooked once the business starts making profits.

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Like any business, the 5paisa sub-broker business also makes fair profits. However, the amount of profits or the success a business receives is directly proportional to the effort the sub-broker puts into building the business.

Let’s take a look at the 5paisa Sub Broker Profits. Assume there are 921 total clients, of which only 300 are active. The average commission per client is 950.

So, the total brokerage becomes Rs.2,85,000. From this, the sub-broker’s share is Rs.1,42,500. If the person acquires 50 new clients, the client acquisition income totals Rs.27,750.

The sub-broker’s gross profit is Rs.1,70,250. Now, subtract the office expenses of Rs.50,000. Thus, the sub-broker’s net profit becomes Rs.1,20,250.

Every stockbroker has a different breakeven time, and so does 5paisa. The 5paisa Franchise Returns are in two months. So, the sub-broker must wait two months to witness the business’s returns. In the meantime, he must invest his savings in the industry.

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5paisa has a dashboard feature for its sub-brokers. The feature helps the sub-brokers efficiently manage their clients, earnings, leads, etc.

Also, the partner can keep track of the account opening and the documentation process of new clients on the dashboard. Moreover, an authorised person has full access to his earnings.

With a simple login to the 5paisa Franchise Dashboard, he can check all the details at his fingertips.

The sub-broker can use all its features when logging into the 5paisa Partner Dashboard. Below are the features the firm offers:

• 5paisa provides client acquisition reports so that the partners can clearly understand the new clients.
• Also, the dashboard has a leads report to help the sub-broker generate leads.
• Moreover, clients’ portfolio reports are also available on the dashboard.
• In addition, clients can easily track their payout amount through the monthly payout report.
• Lead addition and manual lead addition links are available on the dashboard.
• Furthermore, the dashboard consists of lead stage info, lead deletion, and lead info backend change.
• But, no brokerage mapping or manual brokerage change is available on the 5paisa dashboard.

5paisa Sub Broker Login

To login to the 5paisa website as a sub-broker, you must have the login credentials. To do so, you must first register with the firm as a sub-broker.

Upon successful registration, you will get a sub-broker code and 5paisa Sub Broker Login details directly in your mail. You can use the details to log in to your dashboard to track all the necessary information about your sub-broker business.

As a 5paisa Authorised Person, one must ensure their office setup complies with the firm’s regulations.

• Firstly, an office space of 150-200 sq.ft is required to set up an office.
• There should be at least one employee to take care of the business and clients.
• But reception and managers’ cabins are optional.
• Also, the dealer terminal is not a matter of concern.
• But, it is mandatory to have mobile or telephones and laptops or computers.
• Again, it is up to the sub-broker to decide whether to use CCTV or call recording options.

The company must support the sub-broker to lead the business successfully. 5paisa Sub Brokership offers its sub-brokers the following support.

• The firm offers a dedicated relationship manager who provides utmost guidance to the sub-broker.
• The firm also offers product training, during which the partners learn about its products and services.
• 5paisa also has acquisition support, which trains the sub-brokers on client acquisition.
• Moreover, it has back-office and marketing support for easy business expansion.

As a 5paisa partner, the person can take advantage of numerous firm offers.

• Initially, the commission of 5paisa matters the most. The firm offers about 50% or more commission to its sub-brokers.
• Also, 5paisa does not accept initial investment from the partner.
• Moreover, it offers flat brokerage charges to its sub-brokers.
• However, the firm does not offer free advisory services to its partners.
• Also, 5paisa does not give its sub-brokers free brokerage in the first month.

Note that 5paisa Partner Offers are subject to change at times.

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5paisa is one of the leading stockbrokers, and numerous sub-brokers are working under it. Here are the products the firm offers to its clients.

• As a 5paisa Sub broker Franchise owner, you can sell equity, commodities, currencies, and derivatives.
• Investors can invest in IPOs/FPOs/NCDs through the firm.
• Moreover, 5paisa has mutual funds and insurance products available.
• But, 5paisa does not sell products like loans or foreign stocks.
• Also, PMS or PCG are not available with 5paisa.

How to Become a 5paisa Sub Broker?

It is very easy to become a 5paisa Sub Broker. We have curated the steps for the same.

• Firstly, contact 5paisa and convey your interest in working with them.
• Shortly, you will receive a call from them asking for your certification and eligibility.
• They will explain the requirements and your responsibilities as a sub-broker to you.
• After that, you must submit your documents for verification purposes.
• After successful verification, you will receive the sub-broker code.
• Also, you will receive an email with your dashboard login credentials.

That’s it! You have officially become a sub-broker of 5paisa. You can start selling the firm’s products and services to potential clients.

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Benefits of 5paisa Sub Broker Business

Look into the benefits of starting a 5paisa Sub Brokership program.

• At 5paisa, there is no initial investment, which can help the self-starters.
• Moreover, collaborating with a reputed brand like 5paisa can help the sub-brokers easily reach clients.
• With the advanced dashboard system, the sub-brokers can seamlessly maintain the client’s data and earnings.
• The firm’s wide product range and clients need not look further.
• Lastly, the person can earn a substantial amount of Rs.555 per client acquisition.

Drawbacks of 5paisa Franchise

Here, we have discussed some drawbacks of joining the 5paisa Franchise as a sub-broker.

• Compared to other stock broking firms in the industry, the revenue sharing at 5paisa is less.
• There is no master franchise model for 5paisa, which could limit entrepreneurs’ opportunities to expand their businesses under the brand name.
• Also, the firm does not conduct webinars to educate its sub-brokers.
• Above all, there is no support for advisory, which may be a big con for the sub-brokers.

5paisa Partner or Sub Broker – Conclusion

Finally, as a 5paisa Partner, you can earn a decent income and gain valuable experience. Also, you can expand your business network and explore various growth opportunities in stock broking.

Over and above that, with the guidance and support from 5paisa, the sub-broker can easily tackle the clients and their ever-changing needs. So, if you wish to join the 5paisa partner program, visit their website immediately and register for their sub-broker program.

FAQs on 5paisa Authorised Person

We have answered some of the frequently asked questions here for you. Have a read!

Is 5paisa Sub Brokership Profitable?

Participating in the 5paisa sub-brokership program can be profitable if the person knows the stock market. However, success depends on factors such as commission, active clients, market conditions, etc.

What is the 5paisa Sub Broker Commission?

The 5paisa sub-broker commission is 30% to 50%, one of the best in the market.

How many Sub Brokers does 5paisa have?

At present, 5paisa has around 3000+ sub-brokers working for it. The number can be expected to go up as the firm expands.

What is the 5paisa Franchise Cost?

At 5paisa, there is no initial investment, meaning that the sub-brokers can start the business with zero investment. However, exchange charges of Rs.3000 and office expenses add up to Rs.25,000 to Rs.50,000 per month.

Does 5paisa Franchise provide Backoffice?

Of course, yes. 5Paisa provides its sub-brokers with authentic back-office support and lends its support to its partners as and when needed.

What is the Eligibility for 5paisa AP?

To become a 5paisa authorised person, you must be an Indian national, at least 18 years old, and have NISM certification.

How to Close 5paisa Sub Broker Business?

To close the 5paisa sub-broker business, the person should contact the stockbroker. He must settle all the client dues and close the agreement with the firm.

How to Convert 5paisa Partner to Sub Broker?

The person should inform the broking house to convert a 5paisa partner to a sub-broker. The firm will ask for the documents and take the necessary action.

What is the expected income as 5paisa AP?

As an authorised employee working for 5paisa, you can earn up to Rs.1,20,250 net profit monthly.

Does 5paisa Franchise provide Support?

Yes, the 5paisa franchise provides excellent support to its franchise owners. From acquisition, advisory, and back-office to marketing, it provides all kinds of support to its partners.