Goodwill Commodities franchise Vs Sharekhan Franchise can be seen as one of the most sought out stockbroking partnership business comparisons in the industry.
At one end of the spectrum is a conventional and well-established Goodwill Commodities franchise. Goodwill Commodities franchise is a reputed stockbroker in the industry based in Chennai.
There are many sub-brokers operating under it since its inception in the year 2009. It has well established itself for the last 10 years and successfully catered to the requirements of the investors and well as traders.
Just like its name, Goodwill Commodities is an expert in trading commodities and making investments. The distribution network of this firm is considered to be the largest and provides a wide variety of products to the customers for trading.
There are 27 locations in India where it is present. We have covered the essential aspects of the Goodwill Commodities franchise business in this article such as the initial security deposit, the return, offers, benefits, and drawbacks.
Going through this before taking an investment decision will help you determine if this is a suitable business model for your needs.
On the other end, there is Sharekhan that has been a game-changer in the stockbroking space with its values across trading platforms, research, offline assistance, financial product range and a lot more.
It has over 3000 sub-brokers, with a majority of its business carried out by the offline offices. There are present in about 600 cities and towns in India where you can find Sharekhan.
Recently there has been a lot of advancement in its online retail business as well which has led it to acquire a sizable customer base
Through different online mechanisms, You can access its brokerage services from anywhere in India. It is available through its online website as well as the mobile app. The traders, investors, corporate as well as the NRI’s are the clients of Sharekhan.
This is suitable for someone who wants a regular passive sub-broker income besides practicing his own profession, which can be trading in the stock market or some other business also.
Goodwill Commodities franchise Vs Sharekhan Franchise Basics
Let’s have a deeper look into their respective business partnership propositions where we explore information on their:
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- Company Background
- Business Models
- Revenue Sharing
- Initial Costing
- Office Set-Up Requirements
- Broker Support
- Broker Offers
- Account-Related Charges
- Brokerage
- Overall Ratings[/su_list]
By the end of this Goodwill Commodities franchise Vs Sharekhan Franchise comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
 |  | |
| Overview | ||
| Company Type | Private | Private |
| Broker Type | Sub Broker | Full-Service |
| Founded In | 2008 | 2000 |
| CEO | GANDHIMATHI BASKARAN | Shripal Morakhia |
| Headquarters | Chennai, Tamil Nadu | Mumbai |
| Sub Broker Activation Duration | 30 Days | 5-7 Business Days |
| Payout Frequency | 31 Days | 30 Days |
| Network Strength | 27 | 3000+ |
| Active Clients | 10,000+ | 5 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.05% | 0.02% |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 50% – 70% | 60% to 70% |
| Franchise | NA | 60% to 70% |
| Master Franchise | NA | NA |
| Remisier | 20% | 10% to 20% |
| Referral Plan | NA | 10% |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹.50,000 – ₹.100,000 | ₹70,000 to ₹1,00,000 |
| Franchise | NA | ₹70,000 to ₹1,00,000 |
| Master Franchise | NA | NA |
| Remisier | ₹.1,000 | ₹10k to ₹20k |
| Referral Plan | NA | ₹0 |
| Financial centre | NA | NA |
| Office Set Up Requirements | ||
| Office Area | | |
| Employees | | |
| Internet Connection | | |
| Trading Terminals | | |
| Call and Trade Facility | | |
| Telephone Support | | |
| Research and Tips | | |
| Client Visit Facility | | |
| Broker Support | ||
| Marketing Collaterals & Campaigns | | |
| Trading Assistance | | |
| Research & Advisory | | |
| Back Office Support | | |
| Sales and Acquisition Training | | |
| Trading Platforms Training | | |
| Initiative Seminars/Webinars | | |
| Broker Offers | ||
| Zero Deposit Trading Account | | |
| Free Demat Account | | |
| Referral Bonus | | |
| Brokerage Cashback | | |
| Flexible Revenue Sharing | | |
| No Cost Sub brokership | | |
| Offsite Programs for Top Partners | | |
| Account Related Charges | ||
| Demat Account Opening | ₹0 | ₹0 |
| Demat Account Maintenance | ₹0 | ₹450 |
| Trading Account Opening | ₹0 | ₹750 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.3% | 0.5% |
| Equity Intraday | 0.01% | 0.1% |
| Equity Futures | ₹30 Per Lot | 0.1% on the first leg and 0.02% on the second leg |
| Equity Options | ₹50 Per Lot | 2.5% on the premium or ₹100 per contract |
| Currency Futures | ₹30 Per Lot | 0.1% |
| Currency Options | ₹50 Per Lot | 2.5% on the premium or ₹30 per lot |
| Commodity | ₹50 Per Lot | 0.1% |
| Broker Background |  | |
| Business Models |  | |
| Revenue Sharing | | |
| Initial Costing | |  |
| Office Set Up Requirements | | |
| Broker Support | | |
| Broker Offers | | |
| Account Costing | | |
| Overall Partnership Rating | | |
If in case you need help in getting started with your stockbroking business or you want to become a sub-broker with any of the prominent stockbrokers, let us assist you in taking the next steps forward:
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