Steel City Securities Franchise

The Steel City Franchise program offers a rewarding business opportunity for individuals and businesses looking to enter the stockbroking industry.

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

Unlike traditional brokerage franchises, the Steel City 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 Steel City Sub Broker Franchise?

Overall Investment

Zero - Rs.65,000

Commission Range

60% to 75%

Avg. Monthly Profit

Approx. Rs.50,117

Area in Sq. Ft.

100 - 200 Sq. Ft. (Optional)

No. of Employees

Minimum 2 (Optional)

Breakeven Time

2 Month

Payout Time

30 Days

Total Sub Brokers

300+

Type of Broker

Full Service Broker

NISM Certification

Mandatory

How much is Steel City Franchise Cost?

Security Deposit (One Time)

Rs.10,000 - Rs.15,000

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Zero - Rs.50,000

How much is Steel City Sub Broker Commission & Referral Bonus?

Revenue Sharing

60% to 75%

Referral Bonus

Zero

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What are the Expected Earnings from Steel City Franchise?

Total Clients

609

Active Clients

174

Avg. Commission per Active Client

714

Total Brokerage

1,24,236

Sub Broker's Share

93,177

New Client Acquisition

25

Client Acquisition Income

-

Sub Broker's Gross Profit

93,177

Total Expenses

43,000

Sub Broker's Net Profit

50,177

Net Profit Margin

40.39%

Does Steel City offer a Partner Dashboard or App?

App Platform

NA

What is the Eligibility Criteria to Start Steel City 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 Steel City 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

Customer ratings and reviews of Steel City Sub Broker

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