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

mStock offers a lucrative opening for individuals concerned with the financial market. It is an online stock trading platform. Interested candidates can apply for a mStock Franchise to work as a sub-broker.

It offers a variety of investment options. A mStock Sub Broker deals in stocks, commodities, IPOs, insurance and mutual funds. This article will focus on the different products and services this broking house offers.

mStock is a thriving fintech services network. Mirae Asset Capital Markets (India) Pvt Ltd founded this company approximately two years ago.

Since then, it has been rapidly growing and has more than 500 active sub-brokers. mStock Partner Business is a unique opportunity to partner with a leading stockbroking firm.

Partners can offer a wide range of financial products to their clients. Also, partners can guide their clients to make informed and profitable trading decisions.

So they can manage risk and increase their assets. Its interface features cutting-edge trading technology, inclusive training programs, and overall support.

This way, partners can acquire and manage clients effectively. Moreover, they offer flawless trading experiences. Its reputation as a reliable broking house ensures that partners can attract more clients with minimal effort.

mStock Sub Broker Commission is one of the most competitive in the industry. The broking house offers a high percentage of revenue sharing.

Also, their advisory support helps clients make a profit from every deal. Once clients start to make a profit, they become more interested in this venture.

This is one of the primary reasons for the growing user base of mStock. Also, the initial investment to work as a sub-broker is very nominal.

Thus, they get a return on investment within two months. Further, the partner’s income depends on the trading volume and client activities.

They get between 55% and 65% of their trading volume as brokerage. It inspires them to generate more volume. The decent payout ensures a stable income while motivating partners to grow their client base.

Also, the support makes business operations seamless. Partners can only focus on expanding their business.

The mStock Franchise Cost is pretty affordable. So individuals from various financial backgrounds can easily access them. The broking house doesn’t demand any security deposit.

Partners need to pay a one-time exchange charge of Rs. 1,500. The office setup requirement is also nominal. Partners need to acquire an office space between 150 and 200 Sq. Ft.

The basic setup is mandatory. A phone, computer and internet connectivity are the basic requirements. Moreover, partners need to employ one person for daily office operations.

For security reasons, installing CCTV is mandatory in the office. The partner may set up reception, AC, dealer terminal, etc., as needed.

However, these are optional. Partners must spend between Rs.26,500 and Rs.48,500 to start their business.

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mStock offers a competitive commission structure to maximise the partner’s earning potential. mStock Sub Broker Profits from the trading volume of their clients.

Whether the client makes a profit or loss, the sub-broker gets 55% to 65% from their investment. Here, we have presented a calculation for easy understanding.

If a sub-broker has 200 active clients. They generate an average commission of Rs. 840. So, the total brokerage will be Rs. 1,68,000. Now, at 65%, the sub-broker will get a total payout of Rs. 1,09,200.

It is their gross profit. If we reduce the office expenses by Rs. 47,000, The sub-broker will enjoy a net profit of Rs. 62,200. This way, the broking house ensures a steady income for its active partners.

mStock Franchise Returns are impressive. It offers a quick break-even period and consistent profits. Also, it has low investment requirements and a high revenue-sharing model.

This way, partners get substantial returns within a short time frame. Partners usually get the Return on Investment (ROI) within two months. Once they build a strong client base, they can achieve a fast ROI.

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The mStock Franchise Dashboard empowers partners with real-time data. This interface allows partners to monitor their business activities effectively.

From this interface, partners can access many essential features. They can track their client performance and revenue generation. Also, updated trading analytics help them make informed decisions.

It allows partners to guide their clients to make good profits. This way, they can optimise their business strategies and grow faster.

The mStock Partner Dashboard is a powerful tool. It helps in managing overall business operations. Its key features are as follows:

• The interface features a centralised client database. It helps partners access and manage client information in one central location.
• It helps them segment their clients based on various criteria. Partners can segment their clients based on trading activity and investment goals.
• They can create detailed client profiles on the interface. It thoroughly analyses their preferences. This way, they can offer the particular support their clients need.
• Further, the dashboard helps partners monitor their clients’ trading activity. Also, they can track the performance of their client’s portfolios. Therefore, they can provide personalised insights and advisories.
• The interface helps partners record all communications with their clients. This way, partners can offer detailed trading reports to their clients.
• Partners can create personalised watchlists of their favourite stocks. They can track their price movements in real-time.

mStock Sub Broker Login

The mStock Sub Broker Login process is simple and secure. Partners can access their accounts through a dedicated portal, which ensures complete privacy.

Sub-brokers can only focus on growing their business. After registration, partners get credentials to access their accounts. The dashboard provides instant access to vital resources, empowering sub-brokers to manage their business effortlessly.

A mStock Authorised Person needs to set up an office following the below instructions.

• The partner must acquire an office space between 150 and 200 Sq. Ft. They can also set up offices in their houses.
• The office should have a phone, computer, and internet connectivity. This setup will help them trade stocks or engage in other financial activities.
• The partner must employ at least one person for business operations. They can increase the workforce to expand their businesses.
• The office must have CCTV surveillance to ensure security. It is mandatory.
• Partners may set up dealer terminals to help their clients trade. Also, placing a receptionist or manager’s cabin is optional.
• They can install an AC or call recording facility, depending on their preference.

After registering their mStock Sub Brokership, dealers get a wide range of support from the company. Such as –

• The company provides an all-inclusive training program. Partners get dealer and product training. It empowers them to guide their clients with trading decisions.
• The company provides acquisition support to partners for easy client onboarding. This helps them reach and acquire more clients seamlessly.
• Partners get a dedicated RM to resolve their queries. They can contact the RM to run their business flawlessly.
• Also, the company provide back-office and marketing support. It ensures that partners can run their ventures smoothly.

mStock Partner Offers are pretty attractive. It helps them onboard more and more clients with minimal effort. Such as –

• The attractive revenue-sharing models of mStock ensure higher profits. Partners get more than 50% commission. It inspires them to increase their trading volume.
• Clients enjoy flat brokerage charges. No matter their trading volume, they need to pay fixed brokerage.
• The company offers free delivery of stocks. It helps clients take their time to profit from their trading.
• Also, partners get regular updates on market trends and insights. So they can guide their clients accordingly.

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mStock Sub Broker Franchise can offer clients a diverse range of financial products. We have mentioned the products in the points below.

• The clients can access a wide range of equities. They can trade large-cap, mid-cap, and small-cap stocks.
• Also, clients can explore a wide range of derivative strategies. They can invest in covered calls, protective puts, and straddles.
• Furthermore, clients can trade a variety of commodities. They can trade gold, silver, crude oil, agricultural products, etc.
• Clients can invest in Mutual Funds, IPOs, FPOs and NCDs. It helps clients diversify their portfolios. Also, it helps them achieve their investment goals.
• The company also offers insurance terms to interested applicants.

How to Become a mStock Sub Broker?

Interested candidates can Become mStock Sub Broker by following these simple steps –

• First, applicants need to check their eligibility criteria. They need to be 18+ Indian citizens. They must complete their graduation and acquire an NISM certificate.
• After that, they must complete the application form and visit the mStock official website. They can follow the on-screen instructions to complete their application process.
• Then, applicants must submit the necessary documents for verification. They must submit proof of identity, address, PAN, and bank account details. Also, they must submit the Sub Broker Agreement form with a passport-size photo and a cancelled cheque.
• Finally, they must set up their office space as per guidelines. Finally, they can start onboarding clients to grow their businesses.

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Benefits of mStock Sub Broker Business

mStock Sub Brokership comes with a wide range of benefits. Such as –

• Partners get a high revenue-sharing ratio for increased profits. It encourages them to grow their trading volume.
• They can access advanced trading platforms and tools. It helps them analyse the market trends effectively.
• The company provide all-inclusive training and support for partners. It helps partners in managing their business operations smoothly.
• Partners enjoy minimal investment requirements and quick ROI. This way, they start making profits sooner than expected.
• The strong brand reputation of this broking house ensures client trust. It makes client acquisition pretty effortless.

Drawbacks of mStock Franchise

Opening a mStock Franchise ensures a stable career option. However, it has some drawbacks. Such as –

• An initial investment is required to start the business. However, the cost is relatively low and interested candidates can manage it easily.
• The currency trading facility is not available. So, persons interested in currency trading cannot partner with mStock.
• Sub-brokers should put consistent effort into client acquisition to succeed in a competitive market.
• The company doesn’t provide free advisory. Partners must gather information from other sources.

mStock Partner or Sub Broker – Conclusion

For people who want to build a successful business in the financial markets, mStock is an effective option. A mStock Partner usually enjoys high returns and robust support from the broking house.

The advanced tools and brand reputation help sub-brokers grow their business efficiently. Also, they can achieve long-term success.

We hope this article answers all your queries regarding this reputed broking house. It ensures a stable career with a steady income stream.

FAQs on mStock Authorised Person

Check out various FAQs related to mStock AP business.

Is mStock Sub Brokership Profitable?

mStock Sub Brokership can be highly profitable. Partners can enjoy a steady income and stable careers with consistent effort and client acquisition.

What is the mStock Sub Broker Commission?

mStock offers a competitive commission structure. Partners get between 55% and 65% of revenue from their trading volume. It enables them to gain a good profit from their businesses.

How many Sub-Brokers does mStock have?

Currently, mStock has more than 500 sub-brokers across the country, and this number is constantly increasing. Its attractive revenue-sharing models inspire more candidates to become partners.

What is the mStock Franchise Cost?

mStock franchise cost is nominal. Applicants must pay a one-time exchange charge of Rs. 1500. Also, the initial setup cost may be between Rs. 26,500 and Rs.48,500.

Does mStock Franchise provide Back-Office?

Franchisers get round-o-clock back-office support. Moreover, they can contact their dedicated RM for any queries.

What is the Eligibility for mStock AP?

Applicants for the mStock franchise must be eighteen-year-old Indian citizens who have completed their graduation and NISM Certification.

How to Close mStock Sub Broker Business?

Sub-brokers can quickly close their accounts from the company’s website. Before that, they must clear any open positions and balances.

What is the procedure for Converting from mStock Partner to Sub Broker?

Candidates must contact the support team to initiate the conversion process. Once they are eligible and activate their accounts, they can start working as sub-brokers.

How much can a mStock AP Earn per Month?

The income varies based on client trading volume and efforts. Clients get a lucrative share from their trading volume, and they can secure a higher payout if they generate high trading volume.

Does mStock Franchise provide Support?

The broking house offers dedicated support. Partners receive product training, technical assistance, and marketing resources, which help them seamlessly set up and grow their businesses.