Emkay global franchise Vs ICICI Direct Sub Broker 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 Emkay global franchise is one of the reputed franchise businesses in the stockbroking industry.
Emkay global franchise is a reputed player in the stockbroking industry of India which has numerous sub-brokers operating under it. It has its existence since the year 1995.
Owing to the outstanding services which the firm provides its clients, it has won many awards recently. Some of these include Best Research Team Award, Best Sales Team Award, Fastest Growing Financial Company.
This firm strives to enhance its offline presence in the country by improving its operational efforts and brand value. Despite all these facts, it is essential for you to know various aspects of the company related to the business models, investment, revenue share, and offers before deciding to partner with it.
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.
Emkay global franchise Vs ICICI Direct Sub Broker 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 Emkay global franchise Vs ICICI Direct Sub Broker comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
 |  | |
| Overview | ||
| Company Type | Private | Public |
| Broker Type | Full Service Broker | Bank-Based Full service |
| Founded In | 1995 | 2003 |
| CEO | Bhavesh Sanghvi | Vijay Chandok |
| Headquarters | Mumbai | Mumbai |
| Sub Broker Activation Duration | 35 Days | 7-10 Busineess Days |
| Payout Frequency | 35 Days | 30 Days |
| Network Strength | 43 | 2250+ |
| Active Clients | 13000+ | 8 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.06 % | 0.01 % |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 50% to 80% | 40 % to 70 % |
| Franchise | NA | N/A |
| Master Franchise | NA | N/A |
| Remisier | NA | 20 to 40 % |
| Referral Plan | NA | 10 % |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹1 Lakh to ₹3 Lakh | ₹1 to ₹2 lakh |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | NA | ₹70,000 to ₹1,00,000 |
| 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 | ₹.250 per Annum | ₹0 |
| Trading Account Opening | ₹0 | ₹0 |
| Trading Account Maintenance | ₹ 250 per Annum | ₹700 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.3 % | 0.55% |
| Equity Intraday | 0.03 % | 0.275% |
| Equity Futures | 0.03 % | 0.03% to 0.05% |
| Equity Options | Rs.33 per Lot | ₹35 to ₹95 per lot |
| Currency Futures | 0.03% | 0.03% to 0.05% |
| Currency Options | Rs.23 per Lot | ₹10 to ₹25 per lot |
| Commodity | 0.03% | 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 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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