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Want to be a sub broker agent? Here is how you can get sub-broker franchise
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To start a sub broker franchise business, you must first partner with a registered brokerage firm. Such a tie-up will bring you access to the broker’s brand name, trading systems, and catalogue of products and services.
HOW DOES A SHARE MARKET FRANCHISE WORK? A stock market franchise business assists its clients to invest and trade in financial securities. Say, a client places a stock market order with the franchise business. The franchisee will then place the order via their partner broker’s trading terminal. Finally, the broker will execute the order as per the client’s instructions. Once the transaction is complete, the client will pay a brokerage commission for the service rendered. This commission will be shared by the share market franchise business (the franchisee) and the partner broker (the franchisor).