What is Stock Market Franchise ?
A Stock Market Franchise is an individual chosen by a stock broker who acts as an agent on behalf of a Trading Member but is not a Trading Member of a Stock Exchange.
A Stock Market Franchise is also known as a broking franchise. Sub-brokers must be registered with SEBI, and the stock broker will be held accountable for all authorized person commission tasks.
A sub broker is also known as a broker’s agent. A broker may contact a sub broker who has a large client base in order to reach out to more people. The Securities and Exchange Board of India (SEBI) requires sub brokers to be registered. SEBI made it a requirement that no trading member associate with a sub broker who is not listed with it.
A broker can, in general, have several sub brokers working for him. There is no limit to the number of sub brokers a stockbroker may have.
Best Broking Companies for Stock Market Franchise :-
Swastika Stock Market Franchise :-
Swstika tops our list of Best Sub Broker in India. One of India’s biggest full-service stock brokers, Swastika Investmart was founded in 1998. Swastika Investmart is a reputable brand known for the calibre of its counsel, individualised attention, and application of cutting-edge technologies.
Swastika Investmart Sub broker Commission is 70% Fixed Or more Depend on your bussiness To set up an Swastika franchise, you will need at least INR 25000 for initial investment.
Swastika Investmart also provide Sub broker a addition to attractive earnings, you can also access premium offers and support facilities, from training and webinars to marketing and back-office support.
Angel One Stock Market Franchise :-
Second in the list of Angel one Stock market Franchise. Angel One was created in 1987, and in the 36 years since, it has established itself as the most regarded financial services firm by providing clients with an appealing choice of products and services.
To set up an Angel One franchise, you will need at least INR 50,000 for initial investment and expect to earn INR 1,65,000 in addition to 50% to 70% commission.
Sharekhan Stock Market Franchise :-
Sharekhan, one of India’s oldest stock brokerage businesses, has built a solid reputation in the stock market by providing a diverse range of products and services.
Individuals seeking a consistent revenue stream, such as independent financial advisors, have two options for working with the company.
Sharekhan requires a minimum investment of INR 70,000 in exchange for a monthly profit of INR 1,01,000 and a fee of 60% to 70% .
IIFL Stock Market Franchise :-
IIFL full-service brokerage business has been one of the most established participants in the stock broking market, providing cutting-edge financial products and services.
If model you choose, setting up a franchise will require a minimum investment of INR 50,000, & You can retain a commission of 60% to 70% approx .
Motilal Oswal Stock Market Franchise :-
Motilal Oswal Securities Ltd. (MOSL), a diversified financial services firm headquartered in Mumbai, India, was established in 1987. The organisation provides trading services in equity, commodities, currencies, and derivatives.
If you choose, setting up a franchise will require a minimum investment of INR 1 Lakh , & commission is 60% to 70% approx .
Kotak Securities Stock Market Franchise :-
The initial condition for taking the Kotak Securities franchise is to invest at least INR 50,000, which is relatively cheap for beginners.
The brokerage house pays its authorized person a hefty commission of 60% to 70%, allowing you to make approximately INR 1,10,000 every month
Compare Best Stock Market Franchise :-
SERVICES | COMPANY NAME | |||||
Swastika Investmart | Angel one | Sharekhan | IIFL | Motilal Oswal | Kotak Securities | |
Revenue Sharing /Sub Broker Commission | 65 to 70% | 50 To 70% | 60 to 70% | 60 to 70% | 60 to 70% | 60 to 70% |
Investment Required | INR 25000/- ( & Less) | INR 50,000 To 1 Lakh | INR 70,000 | INR 50,000 To 1 Lakh | INR 1 Lakh | INR 50,000 To 1 Lakh |
Estimated Earnings | Approx Rs. 2 Lakh Or More | Approx Rs.1.30 Lakh | Approx Rs.1.01 Lakh | Approx Rs.1.42 Lakh | Approx Rs.1.01 Lakh | Approx Rs.1.10 Lakh |
Regular Training and webinars | Available | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Digital marketing and social media marketing support | Unpaid | Paid | Paid | Paid | Paid | Paid |
Flexcible brokerage plan | Available | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Algo plat form with market tested strategy | Free | Paid | Paid | Paid | Paid | Paid |
To get best deal in Broking Franchise –