Prabhudas Lilladher Franchise Vs Monarch Networth Direct 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 Prabhudas Lilladher Franchise is a preeminent sub-broker business of India that has its existence since 1944. For the last 35 years, it is known to provide high delivery solutions to clients.
Being an old broking house, and high experience, Prabhudas Lilladher has many elite class members in its management team.
The brokerage fee provided by this veteran full-service stockbroker is quite competitive and ensures the best trading experience for its clients. The initial public offering or IPO was initially started by this broking house.
Today, there are more than 120 Indian cities and towns where it is found, having over 500 business centers across the country.
On the other end, 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.
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.
Prabhudas Lilladher Vs Monarch Networth Direct 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 Prabhudas Lilladher Vs Monarch Networth Direct Franchise, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
 |  | |
| Overview | ||
| Company Type | Private | Private |
| Broker Type | Sub Broker | Sub Broker |
| Founded In | Private | 1993 |
| CEO | Private | Mr. R Sankaran |
| Headquarters | Mumbai | Mumbai |
| Sub Broker Activation Duration | 30 Days | 15 Days |
| Payout Frequency | 21 days | 31 Days |
| Network Strength | 500+ | 1000+ |
| Active Clients | 19983 | 2 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.01 | 0.04 % |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 30% to 70% | 60% to 75% |
| Franchise | NA | 25% to 40% |
| Master Franchise | NA | NA |
| Remisier | 20% to 30% | NA |
| Referral Plan | NA | NA |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹1 Lakh | NA |
| Franchise | NA | ₹ 75000 to 2 lac onwards |
| Master Franchise | NA | NA |
| Remisier | ₹10k to ₹20k | 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 | ₹0 | ₹ 150 |
| Demat Account Maintenance | ₹650 | ₹ 0 |
| Trading Account Opening | ₹999 | ₹0 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.00330% | 0.3% to 0.1 % |
| Equity Intraday | 0.00330% | 0.05% to 0.03% |
| Equity Futures | 0.00330% | 0.05% to 0.03% |
| Equity Options | 0.00330% | ₹ 60 to 25 per Lot |
| Currency Futures | 0.00330% | 0.05% to 0.03% |
| Currency Options | 0.00330% | ₹ 60 to 25 per Lot |
| Commodity | 0.00310% | 0.05% to 0.03% |
| 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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