April 28, 2024

Monarch Networth Direct Franchise Vs HDFC Securities Franchise

Monarch Networth Direct Franchise Vs HDFC Securities Franchise

Monarch Networth Direct Franchise Vs Angel Broking FranchiseĀ 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 MonarchĀ 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 theĀ Monarch Networth CapitalĀ 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 isĀ more than 85, spread acrossĀ 21 different states, with overĀ 600Ā  employees. It has more thanĀ 1000 Business AssociatesĀ and has successfully acquired more thanĀ 2 lakh clientsĀ since its inception.

n the other end, HDFC Securities has stayed among the top 3 stock brokers in India for a while now.

There are aroundĀ 250 HDFC securitiesĀ sub-brokerĀ offices, which is somewhat less with respect to the number of offline offices of the other full-service stockbrokers in the industry.

With HDFC securities you can avail the advantage of a 3 in 1 account. It combines the trading account of HDFC Securities with your HDFC bank account as well as the Demat account.

This enables the easy movement of shares or funds from the bank or the Demat account for successfully completing the transactions. Not only this, you get the benefit of ensuring the completion of the process in much less time.

The electronic mode of the placement of orders makes the proceeds available to you quickly too.

This is suitable for someone who wants a regular passiveĀ 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 VsĀ HDFC Securities Franchise Basics

Letā€™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 HDFC Securities Franchise comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!

If in case you need help in getting started with your stockbroking business or you want toĀ become a sub-brokerĀ with any of the prominent stockbrokers, let us assist you in taking the next steps forward:

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