Sykes Ray Equities Franchise

The Sykes & Ray Equities Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.

As India’s leading brokerage firm, Sykes & Ray Equities provides an innovative Sub Broker model, commonly known as the Sykes & Ray Equities Partner program, allowing partners to earn attractive commissions by referring clients.

Unlike traditional brokerage franchises, the Sykes & Ray Equities Sub Broker model is simple, cost-effective, and highly profitable.

With minimal investment and no requirement for office space, APs can earn brokerage generated by their referred clients.

What are the Business Requirements for Sykes & Ray Equities Sub Broker Franchise?

Overall Investment

Rs.10,000 - Rs.55,000

Commission Range

65% to 70%

Avg. Monthly Profit

Approx. Rs.48,202

Area in Sq. Ft.

150 - 200 Sq. Ft. (Optional)

No. of Employees

Minimum 2 (Optional)

Breakeven Time

2 Month

Payout Time

30 Days

Total Sub Brokers

200+

Type of Broker

Full Service Broker

NISM Certification

Mandatory

How much is Sykes & Ray Equities Franchise Cost?

Security Deposit (One Time)

Rs.10,000 - Rs.15,000

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Zero - Rs.40,000

How much is Sykes & Ray Equities Sub Broker Commission & Referral Bonus?

Revenue Sharing

65% to 70%

Referral Bonus

Zero

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What are the Expected Earnings from Sykes & Ray Equities Franchise?

Total Clients

588

Active Clients

168

Avg. Commission per Active Client

716

Total Brokerage

1,20,288

Sub Broker's Share

84,202

New Client Acquisition

25

Client Acquisition Income

-

Sub Broker's Gross Profit

84,202

Total Expenses

36,000

Sub Broker's Net Profit

48,202

Net Profit Margin

40.07%

Does Sykes & Ray Equities offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Sykes & Ray Equities Franchise?

Age

18+

Nationality

Indian

Academic Qualification

10+2 n above

NISM Certificate

Mandatory

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What Documents are required to Become a Sykes & Ray Equities Sub Broker?

Sub Broker Agreement

Compulsory

Identity Proof - Aadhaar / Passport

Compulsory

Address Proof - Aadhaar / Rental Agreement

Compulsory

PAN

Compulsory

Passport Size Photo

Compulsory

Bank Account Details

Compulsory

Bank Cancelled Cheque

Compulsory

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