RK Global Sub broker Vs HDFC Securities 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 a conventional and well-established RK Global Sub broker is a famous stockbroking business of India which began in the year 1995.
RK GlobalĀ was under Shri Ramesh Kumar Bhagchandkaās leadership, who is the son of Shri Lakhi Prasad Bhagchandka, that this stockbroking house began in New Delhi.
If we consider the past 2-3 decades, there has been a significant growth of this firm which has led to the opening of overĀ 250 franchise outletsĀ across the country.
Currently, the headquarters of RK Global Sub broker are in Mumbai, Maharashtra. It has overĀ 90,000 customersĀ inĀ 150 Indian citiesĀ across theĀ 24 statesĀ where its services are available for the people.Ā It is well known for client satisfaction which has been possible by fulfilling their diverse requirements.
On 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.
RK Global Sub broker Vs HDFC Securities Franchise Basics
Letās 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 RK Global Sub broker Vs HDFC Securities 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 | Discount Broker | Full-Service |
Founded In | 1999 | 2000 |
CEO | Sushil Kumar Dhancholia | Dhiraj Relli |
Headquarters | New Delhi, Delhi | Mumbai |
Sub Broker Activation Duration | 31 Days | 8-10 Business Days |
Payout Frequency | 25 Weeks | 30 Days |
Network Strength | 250+ | 260 |
Active Clients | 8290 | 6.7 Lakh+ |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.2 % | 0.01% |
Business Models | ||
Sub Broker/Authorized Person | ![]() | ![]() |
Franchise | ![]() | ![]() |
Master Franchise | ![]() | ![]() |
Remisier | ![]() | ![]() |
Referral Plan | ![]() | ![]() |
Entrepreneurial Partner | ![]() | ![]() |
Revenue Sharing | ||
Sub Broker/Authorized Person | 60% to 80% | 50% to 70% |
Franchise | 40% to 60% | NA |
Master Franchise | NA | NA |
Remisier | NA | NA |
Referral Plan | NA | NA |
Entrepreneurial Partner | NA | NA |
Initial Costing | ||
Sub Broker/Authorized Person | ā¹ 1,00,000 to 2,00,000 | ā¹2 Lakh |
Franchise | ā¹ 0 | NA |
Master Franchise | NA | NA |
Remisier | NA | NA |
Referral Plan | NA | NA |
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 | ā¹ 50 | ā¹0 |
Demat Account Maintenance | ā¹ 250 | ā¹750 |
Trading Account Opening | ā¹ 0 | ā¹999 |
Trading Account Maintenance | ā¹0 | ā¹0 |
Trading Platform Charges | ā¹0 | ā¹0 |
Brokerage | ||
Equity Delivery | ā¹ 9 per Executed Order | 0.5% or ā¹25 whichever is higher |
Equity Intraday | ā¹ 9 per Executed Order | 0.1% |
Equity Futures | ā¹ 9 per Executed Order | 0.5% or ā¹25 whichever is higher |
Equity Options | ā¹ 9 per Executed Order | ā¹100 per lot |
Currency Futures | ā¹ 9 per Executed Order | ā¹23 per contract |
Currency Options | ā¹ 9 per Executed Order | ā¹20 per contract |
Commodity | ā¹ 9 per Executed Order | NA |
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 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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