Astha Trade Sub Broker Ship | Franchise | Authorized Person

Introduction:

It’s since long, from the year 2003, Astha Trade made its presence in the financial industry as a full-service private broking firm.

The company was founded by Mr Satish Chandra Gupta and was headquartered in the city of Bhopal in Madhya Pradesh.

With the transparency in their business policy and delightful sub-broking plans, along with the regularity of their payment process and cycle, making them a popular choice amongst the investors in the industry.

To become an Astha Trade Sub Broker is also not a big deal. The process takes around 30 days for the activation of the SB Code and 31 days to receive the payout.

Astha Trade Sub-Broker Plan | Astha Trade Sub-Broker Model / Program | Franchise | Authorised Person:

Probably the simplest process needs to be followed to become an Astha Trade Sub Broker or an Astha Franchise under the Astha Trade Sub Broker Plan.

Their entire program functions within just two business models, namely:

Astha Trade Sub Broker, which is also termed as Astha Authorised Person
Astha Referral Program

What is an Astha Trade Sub Broker / Astha Trade Authorised Person?

Technically both Sub Broker and Authorised Person are same. These two are just terms and there is no difference as such.

In this model, a franchisee is appointed in mutual consent by the stockbroking firm and the members who trade in the NSE.

In this working model, SEBI stands as a supervisory body who always keeps a watch on the Authorised Person via the stockbroker.

This Authorised Person is also well equipped with the trading platform of the Stock Exchange.

The sub-broker offers F&O based transactions with margin exposure that even goes as high as 66 times.

The registration process of Astha Trade Sub Broker Plan is made very simple with the requirements of a few basic information like Name, Address, Phone Number, etc.

A registration with SEBI and a security deposit is mandatory as well.

Post becoming an Astha Trade Sub Broker, one gets access to use the brand name, the terminals used for trading, the hi-tech software and start earning revenue.

Sub Broking Commission | Incentives | Earnings in the Revenue Sharing Model:

Astha offers fantastic, flexible and attractive revenue sharing model to all sub-brokers. This revenue sharing ratio ranges between 50% to 80% and is negotiated considering the factors like investment amount, revenue projected and generated, the security amount deposited, etc.

Typically on a minimum deposit of Rs.50,000, the revenue sharing ratio will be at the starting range of 50% and it increases with increase in the deposit amount which goes up to as high as 80%.

A tabular form of the above is given below:

Type of Model	Min Deposit	Sharing %
Revenue Sharing	Rs.50,000	50% to 80%

What is an Astha Trade Referral Program?

In this program, the revenue is earned by just referring friends, relatives or anybody and everybody above the age of 18. The earning is completely based on referrals made.

The referral program is so simple that anyone who joined as a trader, the person can start referring.

The earnings in the Referral Program is 10% plus Rs.500 per referral. This means, more the referral, more will be the earnings.

A tabular form is given below:

Type of Mode	Commission Earning
Astha Referral Program	10% + Rs.500 per Refer

Security Deposit / Joining Fee of Astha Trade Franchise:

The minimum security deposit as decided by Astha is Rs.50,000.

This deposit amount can go up to Rs.2,00,000, depending on a few factors like the projected revenue the sharing of expected ratio.

This said deposit amount is however refundable post the agreement and can be renewable and is normally a common practice in the industry.

A tabular format is given below for easy understanding:

Program Name	Minimum Security Deposit
Astha Sub Broker Program	Rs.50,000 to Rs.2,00,000
Referral Program	Zero

Offers and Benefits given to Sub Brokers in the Astha Trade Sub Broker Plan:

Astha Sub Brokers can be availed, the moment one gets associated with Astha. One of the highlights is their flexible revenue sharing along with the option of zero deposit.

Out of the whole lot of offers given by Astha Trade are:

Exposure value is at a very high limit of 66X
The revenue sharing ratio is pretty decent and lucrative
Discount Brokerage
Support to Marketing as well as Technical Training

A tabular representation of the above is given below for easy understanding:

Description	Yes/No
Does Astha facilitate Flexible Revenue Sharing Option?	Yes
Does Astha have both zero deposit and with deposit scheme available?	Yes

Process of Becoming an Astha Trade Sub Broker:

Astha Trade Sub Broker Plan follows the following process flow to allow a lead to become a Sub Broker:

An application form needs to be filled up with a few basic information of the applicant
A confirmation call from the customer service department who will verify the details mentioned in the application form
A physical meeting needs to be attended with the sales department of Astha team for detailed discussion to decide and finalise on the proposal
Pay the security deposit amount as per the discussion finalized with the Astha team
Submit required documents for verification
After completion of verification, a Sub broker ID will be generated and then, one gets all set to start the business

The entire process from filling up the form till completion of document verification, it normally takes 5 to 7 working days.

Documents needed for registering under Astha Trade Sub Broker Plan

To register as Astha Trade Sub Broker, there are some basic documents which need to be submitted to get the sub-broker ID. Following are the documents required:

Anyone of the document as address proof – a Driving License / Passport / Aadhar Card
ID Proof – Any govt. recognized ID proof
Aadhar Card
PAN Card
2 photos of passport size
Academic qualification
A cancelled cheque for banking details

Open Demat Account

The Infrastructure needed for Astha Trade Sub Broker Plan

To execute the Astha Trade Sub Broker Plan, the Broker expects that the sub-broker should have the below infrastructure:

Office space of 10 sq. ft
A minimum of 1 employee to carry out the business
An internet connection attached to the computer terminal
A telephone line

However, sub-broker doesn’t need any trading terminals.

What are the Supports a Sub Broker gets in the Astha Trade Sub Broker Plan?

In Astha Trade Sub Broker Plan the support team is very helpful and provides support in various ways which include:

Helps to acquire new clients
One gets training by the Astha technical training team about how to use the platform which includes trading terminal and the software
The team also helps the clients of the existing sub-broker to decide the strategy of business and way forward before and after joining
Free advisory about business and its services are also given for a specific period
There are even Marketing and Relationship managers available to assist the sub-brokers

Eligibility to Become an Astha Trade Sub Broker:

In Astha Trade Sub Broker Plan, the eligibility to become a Sub Broker is too simple.

Any individual with over 18 yrs. of age along with a registration issued by SEBI along with no criminal records.

Apart from the above mandate requirements, a little experience in the field of stock trading along with a graduation certificate is appreciated, however, is not mandatory.

Conclusion:

Astha Trade Sub Broker/partner/franchise is certainly a good option for doing business if someone wants a future with good earning by setting up a stockbroking agency.

Free flow policies, flexible revenue sharing models along with strong research team are the causes of attraction for all investors.

Astha Trade Sub Broker FAQs:

What are the business models available in Astha Trade Sub Broker Plan?

Astha Trade Sub Broker, which is also termed as Astha Authorised Person
Astha Referral Program

Who can become a Sub Broker under the Astha Trade Sub Broker Plan?

Anyone and everyone who is more than 18 yrs. old without any criminal record and willingness to earn can join under this plan.

What is the minimum investment needed in Astha Trade Sub Broker Plan?

A minimum of Rs.50, 000 is needed to become a Sub Broker.

Is there any option of earning without investment or zero deposit?

Yes, Astha’s Referral Program doesn’t need any investment or deposit money.

What are the documents needed to become a Sub Broker under Astha Trade Sub Broker Plan?

Along with the application form, some basic documents which are also needed to register and become an Astha Trade Sub Broker for getting the sub-broker ID. The documents which are required are:

Anyone of the document as address proof – a Driving License / Passport / Aadhar Card
ID Proof – Any govt. recognized ID proof
Aadhar Card
PAN Card
2 photos of passport size
Academic qualification
A canceled cheque for banking details