Zenmoney Franchise Vs Zerodha 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 Zenmoney Franchise is one of the franchise business in India with a good reputation.
It was founded in the year 1986 by Ravindra Babu Kantheti and has its headquarters located in Hyderabad.
In the year 1995, Zenmoney was transformed into Zenmoney securities Limited making the overall company structure different from its original format.
It is Hyderabad’s first corporate member as well as the first of its kind to allow AP on the NSE, i.e National stock Exchange.
There are over 70 branches and associates of this stockbroking firm spread across Andhra Pradesh, Odisha, Tamil Nadu, Maharashtra, Karnataka, and West Bengal.
It carries out the operations through 500 trading terminals from about 140 different places.
This full-service stockbroker provides financial and investment services and products to the customers.
It ensures long term association of its clients with the firm through its value-based investment advice so that they can make money.
On the other end, Zerodha has rocketed its position in the Indian stock broking industry to the top spot within a decade of its establishment (all thanks to the introduction of discount broking of course).
It started in the year 2010 and has its headquarters in Bangalore. The company is known to provide its customers with a reasonable quality of trading products.
The clients and business partners of Zerodha can avail of its trading services in a number of segments. On the basis of its active client base, it is at the top position among the Indian stockbrokers.
There are two franchise models which Zerodha offers its customers willing to begin a business with them. Depending on the requirement and capacity, the businessmen can choose one of these
The Authorised Person Program from Zerodha in the stockbroking sector has been in the market for the last 9 years and ensures its clients get the lowest brokerage charges.
It has created a significant impression in the Stockbroking industry so far
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.
Zenmoney Franchise Vs Zerodha 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 Zenmoney Franchise Vs Zerodha 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 | Public | Private |
| Broker Type | Full Service Broker | Discount Broker |
| Founded In | 1995 | 2010 |
| CEO | Mr.K.K Ravindra Babu Kantheti | Nitin Kamath |
| Headquarters | Hyderabad | Bangalore |
| Sub Broker Activation Duration | 28 Days | 4-5 Business Days |
| Payout Frequency | 30 Days | 30 Days |
| Network Strength | 500+ | 500+ |
| Active Clients | 13769 | 9 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.03 % | 0.03% |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 40% to 70% | 20% to 50% |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | NA | NA |
| Referral Plan | NA | 10% |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹ 50000 | ₹1500 |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | NA | NA |
| 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 | ₹ 500 | ₹100 |
| Demat Account Maintenance | ₹ 300 | ₹300 |
| Trading Account Opening | ₹0 | ₹200 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹ 50/Transaction | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.5% | ₹0 |
| Equity Intraday | 0.05% | 0.01% or ₹20 per trade whichever is lower |
| Equity Futures | 0.04% | 0.01% or ₹20 per trade whichever is lower |
| Equity Options | ₹ 70 per Lot | 0.01% or ₹20 per trade whichever is lower |
| Currency Futures | 0.04% | 0.01% or ₹20 per trade whichever is lower |
| Currency Options | ₹ 50 per Lot | 0.01% or ₹20 per trade whichever is lower |
| Commodity | 0.03% | 0.01% or ₹20 per trade whichever is lower |
| 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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