Check out Sykes & Ray Franchise review here. Find out details like its Franchise Cost, Sub Broker Commission, Estimated Monthly Profits, Office Requirements & more.

Sykes & Ray Sub Brokership is a leading Sub Broker franchise provider in India. If you are looking to start a business, then this Brand is one of the best option available to you.

Type of Broker Full Service Broker
Total Sub Brokers 200+
Total Investment Rs.10,000 – Rs.55,000
Sub Brokers Commission 65% to 70%
Avg. Monthly Profit Approx. Rs.48,202
Breakeven Time 2 Month
Payout Time 30 Days

Sykes & Ray Franchise - Business Models

Sub Brokership

Yes

Partner Program

Yes

Refer and Earn

Yes

Sykes & Ray Sub Broker Commission

Revenue Sharing

65% to 70%

Per Client Acquisition

Zero

Sykes & Ray Franchise Cost or Investment

Security Deposit (One Time)

Rs.10,000 - Rs.15,000

Exchange Charges (One Time)

Nil

Office Expenses (Monthly)

Zero - Rs.40,000


Sykes & Ray Sub Broker Franchise Profits & Income

Check out Sykes & Ray Franchise Profits & Income here.

Total Clients 588
Active Clients 168
Avg. Commission per Active Client 716
Total Brokerage 1,20,288
Sub Broker’s Share (70%) 84,202
New Client Acquisition 25
Client Acquisition Income 0
Sub Broker’s Income 84,202
Total Expenses 36,000
Sub Broker’s Net Profit 48,202
Net Profit Margin 40%

Sykes & Ray Sub Brokership Offers

Commission above 50%

Yes

Zero Investment

No

Free Advisory

Yes

Free Delivery Trading

No

Flat Brokerage Charges

No

1st Month Free Brokerage

No

Zero Brokerage on Loss Making Trades

No

Sykes & Ray Franchise or Authorised Person Support

Dedicated RM Support

Yes

Dealer Training

Yes

Products Training

Yes

Acquisition Support

Yes, Limited

Webinars

No

Advisory Support

Yes

Backoffice Support

Yes

Marketing Support

Yes, Limited

Check out Business Opportunities with Similar Brands

Sykes & Ray Sub Broker Business - Office Requirement

Area in Sq. Ft.

150 - 200 Sq. Ft. (Optional)

No. of Employees

Atleast 2 (Optional)

Dealer Terminal

Optional

Mobile or Telephones

Mandatory

Call Recording

Optional

Laptops or Computers

Mandatory

CCTV

Mandatory

Reception

Optional

Managers Cabin

Optional

Sykes & Ray Sub Broker Dashboard Link

Web Platform

App Platform

NA

Sykes & Ray Franchise Backoffice Platform - Features

Lead Addition Link

Yes

Manual Lead Addition

Yes

Lead Stage Info

Yes

Lead Info Backend Change

No

Lead Deletion

No

Brokerage Mapping

Yes

Manual Brokerage Change

No

Leads Report

Yes

Clients Activation Report

Yes

Clients Portfolio Report

No

Monthly Payout Report

Yes

Sykes & Ray Sub Broker Review or Ratings by Finec.in

Overall Rating

6.41 / 10

Commission

6.39 / 10

Investment

6.49 / 10

Breakeven

6.44 / 10

Support

6.37 / 10

Experience

6.36 / 10

Sykes & Ray Authorised Person - Products Offered

Equity

Offered

Derivatives

Offered

Commodity

Offered

Currency

Offered

Mutual Fund

Offered

PMS or PCG

Offered

IPOs / FPOs / NCDs

Offered

Foreign Stocks

Not offered

Insurance

Not offered

Loans

Not offered

Sykes & Ray Franchise - Trading Platforms Offered

Trading App

Yes

Web Trading Platform

Yes

Trading Terminal

Yes

Algo Trading Platform

No

Robo Advisory Platform

No

Thematic Investment Platform

Yes

Foreign Stocks Investment Platform

No

Backoffice Platform

Yes

Check out Business Opportunities with Similar Brands

How to Become a Sykes & Ray Sub Broker? - Eligibility Criteria

Age

21+

Nationality

Indian

Academic Qualification

Graduate

Basic Computer Skills

Yes

Basic Communication Skills

Yes

NISM Certificate

Yes, compulsory

Sykes & Ray Sub Brokership - Documents Required by Individuals

Sub Broker Agreement

Mandatory

Identity Proof - Aadhaar

Mandatory

Address Proof - Aadhaar / Rental Agreement

Mandatory

PAN

Mandatory

Passport Size Photo

Mandatory

Bank Account Details

Mandatory

Bank Cancelled Cheque

Mandatory

Sykes & Ray Franchise - Documents Required by Firms or Company

Sub Broker Agreement

Mandatory

Firm or Companies PAN

Mandatory

Firm or Companies TAN

Mandatory

Firm or Companies Incorporation Certificate

Mandatory

Firm or Companies Bank Details

Mandatory

Firm or Companies Cancelled Cheque

Mandatory

All Partners or Directors PAN

Mandatory

All Partners or Directors Aadhaar

Mandatory

All Partners or Directors Photo

Mandatory

Customer ratings and reviews of Sykes & Ray Sub Broker

Get 70% Revenue Sharing Now!Become Sub Broker