Monarch Networth Direct Franchise Vs Angel Broking 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 conventional and well-established Monarch Networth Direct Franchise is one of the well-established stockbroking business models in India.
It is based out of Ahmedabad and has its headquarters in Mumbai. As far as financial products are concerned, there is a range of products and services offered by it to the customers.
This franchise business belongs to the Monarch Networth Capital which is a joint venture of the Monarch Group of Companies and Networth Stock Broking Ltd. These are the strategic financial service providers.
The number of branches of this firm throughout India is more than 85, spread across 21 different states, with over 600 employees. It has more than 1000 Business Associates and has successfully acquired more than 2 lakh clients since its inception.
On the other end, a well-established full-service stockbroker with 11,500+ branches across the country i.e. Angel Broking.
It is a well-established network across India is evident from the fact that its branches are found in over 150 cities and the sub-broker business is established in more than 500 cities and towns of the country.
It has got various awards from D&B such as BSE Major Volume Driver stockbroker regularly for 10 years, i.e from 2004-14, Largest Sub-broker Network award and Top 5 Retail Broking houses.
Clients can avail of various advantages such as opening a Trading account, Demat account, get research reports, investing in IPO, etc.
With Angel broking Franchise, one can trade with a wide range of products such as Mutual Funds, Derivatives, Equity, Commodity, Currency, etc. Owing to its reputation in the past decades, it has very good brand equity.
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.
Monarch Networth Direct Franchise Vs Angel Broking 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 Monarch Networth Direct Franchise Vs Angel Broking Franchise comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
| Broker/Comparison Entity |  |  |
| Overview | ||
| Company Type | Private | Private |
| Broker Type | Sub Broker | Full-Service (Hybrid) |
| Founded In | 1993 | 1987 |
| CEO | Mr. R Sankaran | Vinay Aggarwal |
| Headquarters | Mumbai | Mumbai |
| Sub Broker Activation Duration | 15 Days | 3-4 Business Days |
| Payout Frequency | 31 Days | 30 Days |
| Network Strength | 1000+ | 11000+ |
| Active Clients | 2 Lakh+ | 4 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.04 % | 0.05% |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise | | |
| Master Franchise |  | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 60% to 75% | 40% to 80% |
| Franchise | 25% to 40% | 40% to 80% |
| Master Franchise | NA | 60% to 85% |
| Remisier | NA | 30% to 50% |
| Referral Plan | NA | 10% |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | NA | ₹50k to ₹2 Lakh |
| Franchise | ₹ 75000 to 2 lac onwards | ₹50k to ₹2 Lakh |
| Master Franchise | NA | ₹1 Lakh to ₹3 Lakh |
| Remisier | NA | ₹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 | ₹ 150 | ₹0 |
| Demat Account Maintenance | ₹ 0 | ₹450 |
| Trading Account Opening | ₹0 | ₹0 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.3% to 0.1 % | ₹15 Per Executed Order |
| Equity Intraday | 0.05% to 0.03% | ₹15 Per Executed Order |
| Equity Futures | 0.05% to 0.03% | ₹15 Per Executed Order |
| Equity Options | ₹ 60 to 25 per Lot | ₹15 Per Executed Order |
| Currency Futures | 0.05% to 0.03% | ₹15 Per Executed Order |
| Currency Options | ₹ 60 to 25 per Lot | ₹15 Per Executed Order |
| Commodity | 0.05% to 0.03% | ₹15 Per Executed Order |
| Overall Ratings | ||
| 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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