Goodwill Commodities franchise Vs IndiaNivesh Partner 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 Goodwill Commodities franchise. Goodwill Commodities franchise is a reputed stockbroker in the industry based in Chennai.
There are many sub-brokers operating under it since its inception in the year 2009. It has well established itself for the last 10 years and successfully catered to the requirements of the investors and well as traders.
Just like its name, Goodwill Commodities is an expert in trading commodities and making investments. The distribution network of this firm is considered to be the largest and provides a wide variety of products to the customers for trading.
There are 27 locations in India where it is present. We have covered the essential aspects of the Goodwill Commodities franchise business in this article such as the initial security deposit, the return, offers, benefits, and drawbacks.
Going through this before taking an investment decision will help you determine if this is a suitable business model for your needs.
On the other end, a well-established IndiaNivesh Partner is one of the franchise business in India with a good reputation.
That became a full-service stockbroker in the year 2006. Rajesh Nuwal founded it and by today, the broker has successfully created an active client base exceeding 15,000 and offers numerous segments to its customers for investment purposes.
The firm integrated with MCX – SX, MCX, NSE, BSE (BSE), and NCDEX for becoming a complete service stock dealer. For Demat services, it makes use of CSDL.
There are hundreds of IndiaNivesh Partners across India and it has successfully created a very good impression despite being a new player in the market.
This is also known as the franchise or the sub-broker model in which the concerned person needs to make an investment for the infrastructure, i.e set up or rent an office space where he will deal with the clients and perform other business operations.
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.
Goodwill Commodities franchise Vs IndiaNivesh Partner 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 Goodwill Commodities franchise Vs IndiaNivesh Partner comparison, 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 | Full Service Broker |
| Founded In | 2008 | 2006 |
| CEO | GANDHIMATHI BASKARAN | Rajesh Nuwal |
| Headquarters | Chennai, Tamil Nadu | Chennai,TN |
| Sub Broker Activation Duration | 30 Days | 30 Days |
| Payout Frequency | 31 Days | 35 Days |
| Network Strength | 27 | 450+ |
| Active Clients | 10,000+ | 18000+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.05% | 0.26 % |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 50% – 70% | 50% to 80% |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | 20% | NA |
| Referral Plan | NA | 10 to 30 % |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹.50,000 – ₹.100,000 | ₹ 50,000 |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | ₹.1,000 | NA |
| Referral Plan | NA | ₹ 10,000 |
| 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 | ₹ 500 |
| Demat Account Maintenance | ₹0 | ₹ 300 |
| Trading Account Opening | ₹0 | ₹ 0 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.3% | 0.1% – 0.2% |
| Equity Intraday | 0.01% | 0.01% – 0.02% |
| Equity Futures | ₹30 Per Lot | 0.01% – 0.02% |
| Equity Options | ₹50 Per Lot | ₹.10 – ₹.20 per Lot |
| Currency Futures | ₹30 Per Lot | 0.01% – 0.02% |
| Currency Options | ₹50 Per Lot | ₹.10 – ₹.20 per Lot |
| Commodity | ₹50 Per Lot | 0.01% – 0.02% |
| 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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