Sushil Finance Sub BrokerFirst of all one must understand that what is a sub broker which in layman terms means that you work under a main broker and have to pay some initial corpus either refundable or nonrefundable and thereafter you are able to get clients under your umbrella and you get your share of profit percentage.
Now this profit percentage varies as per the risk being bestowed on you. Say if you are just referring the clients to Sushil Finance; then the profit sharing may be 15% to 85% which means that you get 15% of the brokerage amount as your share. This share is small as your risk is NIL. You can check comparison for best online broker in India here.
Now when you make a client trade with you with your physical brokerage office and has a proper broadband and ODIN terminal provided by Sushil finance then risk is yours from clients point of view for the default. Thus your brokerage share rises to 70% -30% ratio which means that now you get 70% of the brokerage generated.
About Sushil Finance
With a rich legacy of 30 years, Sushil Finance (Promoted by Sushil N. Shah) has today emerged as one of India's foremost equity research and broking houses. Over the years we have been able to conceptualize and execute investments solutions to meet the varying investments climate and investor needs, thus creating immense wealth for investors. We have been able to adapt to the changing technologies, and have used it to enhance our service levels.
Have a look at below screenshot for the way to get started with Sushil Finance.