The above diagram shows how PCEX Member (Crypto-broker) conducts their business and the participation of franchise (Sub-Brokers) in their business model to earn a regular return. If you want to associate with the PCEX Member business model, you can do that by registering via three broad association membership programs;
Master Franchise Program
Master franchise program is for those who want to associate with PCEX Member on a larger scale. In the Master Franchise Program, big whales like LTD companies can earn significant regular income via direct trading or by bringing liquidity to the exchange, (PCEX Member). To participate in the PCEX Member model as a Master Franchise or business broker in India, you need to deposit 100,000 + 18% GST. There is an additional 750 + 18% GST payable for KYC compliances. While subscribing for the Master Franchise, it is mandatory to meet the following parameters;
- Minimum 21 years of age for directors and members.
A good reputation of directors and members.
No criminal record of the directors.
Minimum high school qualification (10+2)
Minimum 3 years of experience in Forex, Stock, PMS, cryptocurrencies market and wealth management.
Necessary to have an adequate infrastructural facility for conducting the operations as a broker/franchise of PCEX Member.
60% of the brokerage on trades done by franchise or clients brought by you.
Little trading fees to act as a market maker.
Member franchise programs allow participation in the PCEX Member program on a medium scale. The participants can be small business groups like Pvt Ltd companies, small stockbrokers, or LLPs. By collaborating with the PCEX Member’s Franchise Program, these enterprises can gain considerable knowledge about cryptocurrency trading and even encourage their clients and other known individuals to join the income initiative. The franchise has to pay 12,500 + 18% GST to enroll under this program. However, it is mandatory to fulfill the following criteria given below;
- Necessary to have minimum 21 years of age
Must have good moral character
No past record of fraud or crime.
The member-franchise must have 10+2 high school certification from an authorized educational institution recognized by the government.
A minimum of 1 year of experience in Forex, Stock, PMS, cryptocurrencies market and wealth management.
Necessary to have an infrastructure that can support them in conducting operations on behalf of PCEX Member to bring business to the exchange.
40% of commission of all trade that the Member Franchise sub-brokers bring on the platform. Meaning, all the clients that trade on PCEX Member under Member Franchise business.
Less trading fees for Member Franchise
Students or aspiring cryptocurrency brokers can also participate under the freelance program by collaborating with PCEX Member. In this way, they can get specific training by experts in their initial days of enrolment and get to learn about how the cryptocurrency market functions. Apart from that, they can also get a world-class exposure of trading on a recognized cryptocurrency exchange. To become a part of the PCEX Member freelance broker model, you need to meet the following requirements;
- Necessary to be a citizen of India
Shouldn’t be less than 18 years of age.
No past criminal records
Must bear a good character.
At least matriculation(Junior High) is mandatory.
20% of commission on all the trades that they bring on the platform.
PCEX Member has introduced a wonderful eco-system of cryptocurrency broking in India where you can collaborate with your near and dear ones as well as acquaintances to bring them on PCEX Member platform. In the process, when they trade on a very high liquidity exchange like PCEX Member as a business broker in India, benefits like the best price for the cryptocurrency assets for buy or sell occurs regularly.