SMC Global Partner or Affiliate Program – Income, Cost, Commission, Returns & more

SMC Global is a full-service broker with over 600 partners working with them. SMC partner programs is quite premium in the industry and have helped hundreds of partners earn a decent monthly income.

A partner working with them can earn 47,280 INR every month. The investment a partner needs to make to start the business is less than 50,000, and the outcome is excellent.

It will help the partner earn money, a name, and fame in the industry.

In the SMC Global Affiliate review, we will help you with the detailed SWOT analysis, commission structure, support services, dashboard facility, etc.

Why partner with SMC Global?

Like any other broker, SMC Global also offers an excellent partner program for people who want to make their career in the financial sector.

Before joining, you must know about the SMC Global Affiliate advantages. Here is the list:

• Launched in 1990, SMC Global has extensive experience in the industry. They have served over 20lacs clientele and are still taking giant leaps towards their future.
• The breakeven time with SMC Global is just one month, meaning you can recover your investment in just 30 days. The partner program with SMC Global will help you be financially independent.
• SMC Global affiliate program offers currency trading, mutual funds, insurance, IPS, commodity trading, etc., to their clientele.
• SMC Global offers a payout period of 30 days. It states that every broker will receive their commission within a month and can plan for the upcoming months.

Every partner enrolling with SMC Global needs to invest to start working with them. The security deposit required to begin working with SMC Global is 5,000 INR.

You need to pay an exchange fee of 2,500 INR in advance. Once you have enrolled yourself with SMC Global, you need to have an office.

Having a commercial space per SMC Global’s guidelines will allow the applicant to incur some charges. These charges can be as high as 30,000 INR.

These charges will be increased and depend on many factors like rent, employees, day-to-day expenses, etc. Try to keep it to a minimum to increase your daily income.

The SMC Global partner cost is lower than that of many competitors.

Knowing their commission structure is essential to enrolling in any partner program. For SMC Global, the commission rate ranges from 30%-40%.

Many brokers offer a stipend for enrolling. However, SMC Global Partner does not provide such commissions to the partner.

You can only earn from SMC Global by selling the company’s products and services and earning through their commissions.

You can negotiate with the broker’s whole onboarding to start with a high commission rate with SMC Global.

SMC Global Partner Profits or Income

Check out Profits & Expenses forecast of SMC Global Affiliate Program.

Knowing about SMC Global associate profits is vital to enrol with them for work in the finance industry. First, we will explain using a detailed example:

Suppose you have 512 clients registered monthly. The active clients are about 130. Suppose the average commission earned from any client is 1,390 INR.

The total commission earned by the broker will be 1,80,700 INR. If the total office expenses amount to 25,000 INR, you will earn a commission of about 40%, resulting in a total amount of 72,280 INR.

The partner’s net profit will be 47,280 INR on the deduction of office expenses from the full commission. The net profit margin will be 26%.

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This section will look at the SMC Global agent offers for working with the broker. To start with, the broker provides commissions above 30% for all.

Every partner had to invest to invest some money to kickstart the business. The broker provides free advisory services to all of their partners.

They do not offer free-of-cost delivery trading and flat brokerage charges. Also, the partner must pay the brokerage from the first month. It’s not free.

Even if you are making losses in trading, you need to pay the brokerage. Consider these offers if you. are considering an association with SMC Global partners.

SMC Global Associate Program SWOT Analysis

The SWOT analysis for the SMC Global Associate program will help you know all the details related to the program. It will help you understand the SMC Global associate program:

Strength

• SMC Global offers a commission of 30%-40%, which is commendable per industry standards.
• The average monthly earning of 47,280 INR in minimal investment is one of the best benefits any partner can avail of with SMC Global.
• SMC Global allows the partner to earn through any of the three modes of business, i.e. being a partner, sub-broker or via refer and earn.
• The broker allows the partners to reach them via their desk by calling or leaving their queries via email.
• The company offers a great platform to all the partners so that they trade as per their requirements.

Weakness

• SMC Global does not offer foreign stocks and loans.
• Algo and thematic investment platforms are absent from the dashboard.
• No commission is provided for onboarding the clients.

Opportunities

• Webinars should be conducted for better interaction and working.
• Full-fledged marketing and acquisition support should be provided to help new partners.
• SMC Global should start dealing with foreign stocks and provide a foreign stocks investment platform to cater to a new clientele.

Threats

• The Indian financial markets are unstable, threatening new partners.
• A weak economy will permanently harm the financial market growth and their operations in the industry.
• Intense competition prevails between well-established enterprises and emerging players in the banking sector.

The SMC Global provides full-fledged support to the partners. They provide acquisition support to the partner, but it will be limited.

They do conduct product training from time to time and provide required advisory support. But do not conduct any webinars.

SMC Global affiliate program also offers backoffice support and advisory support. SMC Global also provides the marketing support needed to the new partners, but do know that it will be pretty limited.

As a partner, you should explore their support services as much as possible. It will help you streamline your daily routine, and you can also plan for your future months.

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To start working with SMC Global, you must know their office requirement. The area required to set up an office for SMC Global ranges from 100-250 sq ft.

There should be at least two employees working in the office. Having a dealer terminal, laptop, or mobile is mandatory.

But you can choose call recording, managers cabin, reception, CCTV, etc., at your convenience as these options are not required.

The office requirements are to be fulfilled as they are mandatory, so SMC Global agents should keep the essential requirements in check.

The SMC Global partner dashboard link will allow you to access and view your account. The dashboard link is in the form of a URL.

You can save it in your system and monitor your account occasionally. To access your account, you will need your login details, fill out the required fields of the dashboard link, and start using your account.

The partner can monitor their daily activities like brokerage, client status, lead details, etc. So, your login page is a few clicks away once you access your dashboard link.

SMC Global Affiliate Login

The login details are provided to all partners. The details are confidential and cannot be shared with anyone as the dashboard.

The SMC Global affiliate login details are sent in the confirmation email. The partners can log in from any location and access their dashboard per their requirements.

The login details are usually shared on the partner’s registered email ID. Save your login details in your system so you can log in hassle-free whenever you want.

SMC Global provides unique back-office features to all its partners. The SMC Global partner back office features for SMC Global are unique, as they offer all rear office features to their partners.

The partner can add the leads to the dashboard by following a link. They can add the leads manually, too. Detailed information about the last conversation is also provided to the leads.

However, the assigned partner is not allowed to change it. The partner cannot delete any lead. They can generate leads reports and client activation reports for their reference.

Apart from these reports, the monthly activation report can also be generated, but the partner cannot access the client portfolio report.

While working with any company, knowing about their customer care department is always recommended.

SMC Global partner Desk provides call support at 011-66075200; email support is also offered at [email protected].

The desk can be contacted seven days a week, and the executives are ready to help new joiners by providing exceptional support.

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To become a partner of SMC Global, you need to know the eligibility criteria of the SMC Global partner.

To start with the eligibility criteria of SMC Global, every partner should know the below-listed points:

• The individual thinking about being a partner in the firm should be 21 years old.
• Their nationality should be Indian, and they should have passed graduation.
• Remember the NISM certificate is compulsory to be a partner with SMC Global.

If the above-listed criteria are okay for you, Then you can hit the below-pasted tab known as “Become a partner” on this page. On tapping, a form will open. Could you fill it out and submit it?

A relationship manager from the company will call you and let you know about the further documentation processes.

The individuals must provide a partner’s agreement, identity proof, Address proof, PAN number, passport size photo, bank account details and cancelled cheque.

Upon submission of the documents, the executive will help you guide you with the next onboarding steps.

Once everything is checked, the broker will send a confirmation email comprising the login details.

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SMC Global Affiliate Program: Conclusion

SMC Global Affiliate program has been operating for many decades. Their clientele in the industry trusts them for their money.

The services and products they offer are some of the best in the industry. Finec.in overall rating for the company is above 8.

They also provide ratings above 8 for the individual sectors in all the sections. SMC Global’s commission structure is one of the best, with the lowest investment.

As the partner only needs to invest a little money to start, the SMC Global partner program is affordable to most people.

SMC Global, one of the oldest programs, is a must to check out if you are trying to make your career in the Finance industry.

FAQs on SMC Global Associate Business

Below are the FAQS related to the SMC Global Partner program.

Does SMC Global have a partner program?

Yes, SMC Global offers a dedicated partner program to help the applicants earn money for onboarding new clients to the franchise.

Enrolling in the SMC Global partner program is a great way to make money. Read through the above article for the detailed information.

How many Associate Partners does SMC Global have right now?

Currently, the SMC Global network has more than 600 partners enrolled with them.

What is SMC Global’s earning potential?

The earning potential of the SMC Global partner is about 47,280 INR every month, as the commission structure ranges from 30%-40%.

How can I become an SMC Global Associate partner?

To become a SMC global partner, you must qualify for the eligibility criteria. Provide the relevant document and follow the procedure for easy confirmation from the company.

Who are the SMC Global Agents?

The SMC Global Agents are the partners who can perform many functions, like adding new clients and helping them with financial products.

What is the cost of an SMC Global affiliate?

The SMC Global charges 5,000 for one-time fees. The exchange fee is 2,500 INR.

Apart from these two fees, applicants must only pay office expenses ranging from zero to 30,000 INR.

What is the SMC Global Assocaites Commission?

The commission rates for SMC Global range from 30%-40%.

Can SMC Global Agents get back-office access?

Yes, SMC Global Agents receive back-office access to function correctly. The dashboard provides access to all the reports, manual lead addition option, lead info and more.

Is the SMC Global Demat account required to become a DRA?

Yes, having a Demat account is necessary to opt for being a DRA.

How can I connect with the SMC Global Partner Desk?

Anyone can contact the SMC Global partner desk by calling 011-66075200 and emailing [email protected].