If you are looking for a new-age broker who has revolutionized the stock broking industry with innovative products, services, and technology, it has to be 5Paisa. This article will help you find all the details about opportunities to become a 5Paisa Partner.
You will also find details on revenue sharing, investments, benefits, and everything else you need to know about 5Paisa Sub Broker.
5Paisa Franchise Business Opportunity - Snapshot
Line of Business
Unit / Shop Area
Commission% / Revenue Sharing
Total Investment
ROI Timeframe
5Paisa Sub Broker or Franchise Review & Ratings by FranchiseByte
Revenue Sharing
Franchise Fee & Infra Investment
Support & Training
ROI Timeframe
Brand Value
Overll Ratings
Star Ratings
5Paisa Franchise has been rated relatively by most of its partners. It has got good ratings and reviews for the amount of support they provide.
Then the product range was appreciated by the partners. So, all in all, becoming a 5Paisa partner is a good opportunity for you.
Overview of 5Paisa Sub Broker Franchise
Industry
Line of Business
Organization Type
Head Office
Founder
Founded In (year)
No. of Franchise Outlets
Master Franchise Model
Franchise Tenure
Franchise Location
Business Set-Up Time
Franchise Commencement Year
The brokerage house was incorporated in 2016, and in these 6 years, it has had around 40 lakh registered clients.
This figure can help you gauge the amount of reputation this broker has. Becoming a 5Paisa Partner can be not only financially lucrative but also allows becoming part of this huge network of more than 7700 partners and millions of clients.
5Paisa Franchise Program – Business Models
You can call yourself a 5Paisa Sub Broker or a partner as 5Paisa has only two business models, i.e., Partner Program & Referral Program.
Business Models | Revenue Sharing |
Partner | 30% – 50% + Rs.555 per new Client acquired |
Referral | Rs.300 per new Client acquired |
5paisa Partner Program
This model is for those who are looking for business opportunities. You can sell and promote all 5Paisa products and services as a partner.
So, the more clients you acquire, the more you earn. The earning potential is way higher than other business models in the sub-broker model.
The best part about being a partner of this brokerage house is that there is no investment and no need to manage the clients.
All you need to do is get clients for the brokerage house; how you do it is up to you.
5Paisa Referral Program
As a referral program partner of 5Paisa, your role will be acquiring clients and pitching them the right products.
When they open an account with 5Paisa, they receive certain rewards such as cash back on your brokerage or a share of the revenue generated by your referred client.
The offers for the referral program keep on changing every month. However, there is usually one fixed reward, and the other variable depends on your referred client’s trading volume or the amount of brokerage they pay to the broker.
Currently, they are giving Rs.300 per referred client.
5Paisa Franchise Investment & Fees
Partner - Franchise Fee
Referral - Franchise Fee
Infrastructure Investment
5Paisa Franchise Cost is Zero, you heard it right, the broker doesn’t charge any fees.
Yes, this is the truth if you cannot believe your eyes. There is no investment requirement for a sub-broker or authorised person program.
Hardly any brokerage house offers such an opportunity to partner with them.
5Paisa Sub Broker Commission / Revenue Sharing / Royalty
Partner Commission
5Paisa Commission
Referral Commission
5Paisa Commission
The 5Paisa Sub Broker Commission you can earn will be around 50% of the total revenue generated by your clientele.
So, if in a month, the total brokerage paid by your clientele to 5Paisa is Rs.1 lakh, you will receive Rs.50,000 out of the same. There is also a flat amount of Rs.555 for each account opening.
5Paisa Business Partner ROI Details
In Months
Since there is no investment requirement, the 5Paisa Franchise Returns are positive from the start. You can earn Rs. 1 lakh monthly if you can build a solid clientele of 100 – 150.
Since there is no investment requirement, the partner gets all the earnings from the revenue he shares as his profit or returns.
5Paisa Partner Program Profits, Expenses & Profit Margin
5Paisa Partner profits depend on active clients. In this estimate, active clients are taken as 300. Check the table to know detailed revenue & expenses here.
Monthly Revenue | |
No. of Active Clients | 300 |
Daily Trades per Clients | 3 |
Brokerage per Trade | 20 |
Trading Days in 1 Month | 14 |
Total Brokerage Revenue | 2,52,000 |
Partner’s Share (50%) | 1,26,000 |
Monthly Expenses | |
Office Rent (Co-working Space) | 10,000 |
1 Telecallers Cost | 15,000 |
Misc. Expenses | 5,000 |
Total Cost | 30,000 |
Monthly Profit | |
(Revenue – Expenses) | 96,000 |
Profit Margin | 38% |
The revenue calculated is the multiplication of No. of Active Clients, Daily Trades per Client, Brokerage per Trade & Trading days in 1 Month.
According to the above table, If you are taking the 5Paisa Partner program & you have 300 active clients. You can generate almost Rs.1 lakh monthly profit.
Hence, taking 5Paisa Franchise is a great opportunity for everyone.
Master Franchise of 5Paisa - Information
Franchise Fee
Infrastructure Investment
Commission% / Revenue Sharing
There is no 5Paisa Master Franchise business model at present. If you want to partner with this broker, you can be a finance or stock market enthusiast, finance blogger, YouTuber, or another background.
However, the main thing is that you must have a good reach amongst finance and investment enthusiasts.
5Paisa Franchise Infrastructure Requirement
Shop / Unit Area
Employee Strength
Research / Advisory
Trading Terminals Set-up
Telephone Lines
Computer / Internet Connectivity
Airconditioner
CCTV Set-up
Like it is mentioned above as well, 5Paisa Partner Program is a fully remote and digital opportunity. Thus, no infrastructure like office space or employees and others is needed.
However, it would help if you had a computer to track all your clients, earnings, and leads.
Check out Business Opportunities with Similar Brands
Support Provided by 5Paisa Partner Program
Service Pricing
Offers
Client Interaction Training
Relationship Manager Support
Back-Office Support
Trading Support
Advisory Support
Marketing Support
Business Management Software
Website Support
Operation Manual
Training Manual
5Paisa Sub Broker or the partners get –
- Marketing support
- Back office support
- Client interaction training
- RM Support website support
- Training
Since this is a digital set-up with no client management requirement, the brokerage house does not offer trading or advisory support.
Franchise of 5Paisa - Marketing Support
Unit Interior & Exterior Ads
Local Advertisement
Digital Marketing
Television Advertisement
Prints Advertisement
Events/Seminars
For the 5Paisa Franchise Program, you will get website development support under marketing support.
Then 5Paisa will help you promote your business by conducting different online events and webinars.
There are no unit ads, local promotions, or print ads, as this is a fully digital partnership program. So, marketing support is entirely for making your business grow digitally.
Training provided by 5Paisa Sub Brokership
Product Information Training
Dealers Training
Service Training
5Paisa Sub Brokers get product training, which is mandatory for every partner. Apart from these, there is client interaction training offered as well.
This training is mandatory as it will prepare the partner with the proper understanding of the products. This will, in turn, help in better sales processes and client acquisition.
5Paisa Authorised Person - Products Offered
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Banking
Insurance
Demat Services
3 in 1 Acount
IPO Services
Stock Recommendations
Robo Advisory
PMS
Exposure or Limit
Mobile App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Basket Trading
5Paisa Business Partner can offer all the products and services rendered by the brokerage house, which include –
- There are equity, commodities, currencies, and derivatives. You can do intraday trading as well as invest in these asset classes. The intraday traders are one of the main prospects of this broker due to the lowest possible brokerage charges.
- Apart from these, this discount broker offers different high-end technology for trading platforms. There is also a plethora of apps, like the 5Paisa trading app. 5Paisa invest app, 5Paisas school app, trade station V2, Trade station web, and much more.
- Also, you can offer mutual funds and multiple categories of funds to your clients.
- There is an IPO investment facility as well with 5Paisa. So, if prospective or existing clients are looking for upcoming IPOs to invest in or want to get updates, they can do it all with 5Paisa.
Check out Business Opportunities with Similar Brands
Franchise for 5Paisa - Revenue per Customer
Intraday
Delivery
Equity Options
Equity Futures
Commodity
Currency options
Currency Futures
The revenue you can generate from each customer as a 5Paisa franchise depends on the number of trades the customer does in one month.
As 5Paisa charges Rs.20 per trade irrespective of the volume traded, here you need to calculate the number of trades to derive the amount you will receive from one client.
Suppose a client of yours executed 5000 trades in a month, then the total brokerage he paid to 5Paisa is Rs.20 *5000 = Rs.1,00,000.
So, out of this, you will receive up to a whopping 50% which will be Rs.50,000.
Franchisee Qualification required by 5Paisa & Milk Franchise
Age Limit
Business Experience
Academic Qualification
There are no strict eligibility criteria for becoming a 5Paisa Affiliate Program. All you need to be above the age of 21 and a graduate interested in finance and the stock market.
5Paisa offers partnerships with different people, from finance enthusiasts to stock market traders, investors, and finance influencers.
Thus, the primary selection criteria are the interest and client base.
Documents Required to Start 5Paisa Sub Broker Program
Franchise Agreement
Proprietor Aadhaar Copy
Proprietor Photo
Proprietor / Business PAN Copy
Business TAN Copy
GST Registration Certificate
Proprietor / Business Address Proof
Unit / Shop Address Proof
NOC of Unit / Shop
The documents you will have to upload while applying for the 5Paisa Affiliate Program include the following –
Photocopy of –
- PAN card
- AADHAAR card
- GST registration certificate
- TAN, if applicable
- Address proof of your residence
- Photograph
- Bank account details
- Experience and educational certificates, if applicable.
5Paisa Partner or Franchise Dashboard
Partner Dashboard Access | |
5Paisa Partner Dashboard | Dashboard Link |
5Paisa Partner App | App Link |
5Paise provides a web based partner dashboard & also 5Paisa Partner App, also known as 5Paisa Money App.
The 5Paisa Partner Dashboard is one of a kind. It helps you track all the details of the revenue generation by the clients.
You can see the total number of leads and how many have filled out the form for opening an account with 5Paisa. Then you can also see who is uploading the documents and completing the process.
Then you can see how much revenue has been generated for the month and previous months. Graphs and other tables help you analyze your revenues and earnings.
So, you can keep yourself completely updated about the client conversion with the dashboard or partners portal offered by 5Paisa.
5Paisa Partner Login or 5Paisa Franchise Login
It is a simple process of 5Paisa Franchise Login. You would need the credentials to log in to the partner portal of 5Paisa.
The credentials are given to you when you become a partner of the firm. You can find the same in your welcome email from 5Paisa.
You must open the dashboard and enter the credentials to log in to your partner’s account.
5Paisa Sub Broker Benefits
The primary benefits of partnering with 5Paisa Sub Broker are –
- The onboarding process is entirely digital, and no paperwork is involved. It can be done instantly as well.
- Once you refer a client, you earn and keep earning until the client trades with 5Paisa. So, your income will be recurring.
- There is no need to manage the clients. Your role will be identifying prospective clients, pitching them about 5Paisa products and services, acquiring them, and helping them open an account with the broker. Then you can sit back and earn without other responsibilities towards the client.
- 5Paisa is the 6th largest brokerage house in the country at present. Brand value matters a lot, and this will help you get clients easily.
- Investors and traders have faith in 5Paisa. More than 1 crore people are using the mobile app of 5Paisa.
- There are multiple products and services to offer to your clients.
- You will earn around 50% of the revenue; however, there is no investment that you need to make to become a partner of 5Paisa.
- There is an advanced dashboard or partner’s portal to help you track all your progress/ leads, clients, and earnings.
5Paisa Franchise Drawbacks
There is not only one business model that 5Paisa offers. This is the main drawback of the firm. There is no 5Paisa Franchise or sub-broker model. It is just Partners.
Moreover, the revenue sharing is comparatively lower than its peers. However, considering that no investment is involved, this revenue can be justified.
5Paisa Partner Program – Conclusion
So, to become a 5Paisa Partner, you can visit their website and fill out the form for a partnering opportunity.
This is an opportunity for growing your business and promoting your social network to investors and traders.
This is a one of its kind opportunity which hardly any other brokerage house offers.
FAQs on 5Paisa Franchise Business
Check out various vital FAQs on 5Paisa Sub Broker Program here –
What is the difference between a sub-broker and Remisier in 5Paisa?
You can join as a partner at 5Paisa. There is no separate business model for sub-broker or Remisier at 5Paisa.
How much can I earn for a 5Paisa partner?
You can earn an average of Rs. 1 lakh per month if you add clients monthly. The best part is that the earnings will grow with each client.
You keep on earning 50% of their revenue till they continue to trade with 5Paisa.
What are the eligibility criteria for becoming a 5Paisa partner?
The broker has minimum eligibility criteria, which are –
- 21 years of age
- Graduate
- And financial enthusiast
How can I become a partner of 5Paisa?
You have to apply by visiting the 5Paisa website. Then, you can see the details like name, occupation, and others you must fill in.
Then you have to upload documents, and finally, the process will be complete after KYC verification.
How many clients can I add as a partner in a month?
There is no upper limit on the number of clients you can add monthly. The more you add, the better, and your earnings go up.
Does 5Paisa have a referral program?
Yes, 5Paisa offers a dynamic referral program. Here the rewards include flat cash backs or a certain amount credited to your account for each new account opened.
You will also earn from the brokerage paid by the referred client.
Do I need to have an office space?
No, the partnership opportunity with 5Paisa is completely digital. So, there is no need for infrastructure like office space and others.
Does 5Paisa offer a Master franchise opportunity?
No, there is no Master franchise business model for 5Paisa. You can join as a partner or enroll in the refer and earn program.
Does 5Paisa offer marketing support?
Yes, there is market support from the broker to the partners. There is website development support, events, and webinars conducted as well.
How much do I need to invest in becoming a 5Paisa partner?
There is no investment requirement at 5Paisa for becoming a partner.