Master trust franchise Vs Zebu Sub BrokerĀ 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 Master trust franchise is a stockbroking business based out of Punjab.
This full-service stockbroker which started in the yearĀ 1994 by Harjeet Sing Arora, also deals with the franchise distribution business. It was created as an integrated trading nonbanking services provider.
There are more thanĀ 1.5 lakh clients operating under it all across the country, with over 600 proactive employees. There are different kinds of customers who are catered by this firm but the primary focus is on retail clients.
Master Trust is registered with NSDL and CSDL. Equity and derivatives are dealt with, through BSE and NSE. MCX-SX is used for currency trading. For the commodity segment, MCX, and NCDEX are used that operate through Master commodity service Ltd, which is its subsidiary company.
And on the other end, a well-established Zebu sub-broker is a business model of one of the most important players in the stockbroking industry of India.
Mr. Vijaykumar Vellaiyan brought the firm into existence in the year 2008. It has its headquarters in Chennai, Tamil Nadu.
Despite being new to the industry, this full-service broker has acquired a prominent position in the market and represents the institutional and corporate investments in the sector.
In the year 2013, Zebu was incorporated in Erode in Tamil Nadu. Through its extensive products, services and support to the clients, it has successfully expanded its branches in the country.
There are currently more than 400 branches spread across India.
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.
Master trust franchise Vs Zebu Sub Broker 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 Master trust franchise Vs Zebu Sub Broker comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
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Overview | ||
Company Type | Private | Private |
Broker Type | Sub Broker | Full Service Broker |
Founded In | 1994 | 2008 |
CEO | Harjeet Singh Arora | Vijayakumar Vellaiyan |
Headquarters | Ludhiana, Punjab | Chennai,TN |
Sub Broker Activation Duration | 40 Days | 25 Days |
Payout Frequency | 45 Days | 4-5 Weeks |
Network Strength | 500+ | 450+ |
Active Clients | 1.5 Lakh+ | 13769 |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.07% | 0.26 % |
Business Models | ||
Sub Broker/Authorized Person | ![]() | ![]() |
Franchise | ![]() | ![]() |
Master Franchise | ![]() | ![]() |
Remisier | ![]() | ![]() |
Referral Plan | ![]() | ![]() |
Entrepreneurial Partner | ![]() | ![]() |
Revenue Sharing | ||
Sub Broker/Authorized Person | 60% ā 80% | 40% to 70% |
Franchise | 20% to 40% | NA |
Master Franchise | NA | NA |
Remisier | NA | 15-30 % |
Referral Plan | NA | NA |
Entrepreneurial Partner | NA | NA |
Initial Costing | ||
Sub Broker/Authorized Person | ā¹50k to ā¹2 Lakh | ā¹ 50000 |
Franchise | ā¹10k to ā¹20k | NA |
Master Franchise | NA | NA |
Remisier | NA | ā¹ 10,000 |
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 | ā¹0 | ā¹ 0 |
Demat Account Maintenance | ā¹ 300 | ā¹ 310 |
Trading Account Opening | ā¹0 | ā¹ 310 |
Trading Account Maintenance | ā¹0 | ā¹0 |
Trading Platform Charges | 0.00325% | ā¹0 |
Brokerage | ||
Equity Delivery | 0.10% | 0.22% |
Equity Intraday | 0.01% | 0.02% |
Equity Futures | 0.01% | 0.02% |
Equity Options | ā¹10 per Lot | ā¹ 22 per Lot |
Currency Futures | 0.01% | 0.02% |
Currency Options | ā¹.5 per Lot | ā¹ 22 per Lot |
Commodity | 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 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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