Aditya Birla Money Franchise Vs Goodwill Commodities 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 a conventional and well-established Aditya Birla Money Franchise is a notable sub-broker program of ABML (Aditya Birla Money Limited) which falls in the low investment category.
The company was earlier known as Apollo Sindhoori Capital Investment Ltd. and its franchise business was initiated in the year 2000. Its corporate office is located in Chennai.
The number of outlets of the company is more than 700 and that of the franchise exceeds 2000 in over 250 cities, which are spread all throughout India. It is known to have a very strong offline presence across the country.
This stockbroking firm offers its Indian customers various services such as Portfolio management services, corporate as well as treasury services, reviews on real estate and wealth management. It enables its customers to do trading in derivatives and equity through BSE and NSE.
On the other end, a 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.
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.
Aditya Birla Money Franchise Vs Goodwill Commodities franchise Basics
Let’s have a deeper look into their respective business partnership propositions where we explore information on their:
[su_list icon=”icon: star” icon_color=”#bf6515″]
- 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 Aditya Birla Money Franchise Vs Goodwill Commodities franchise 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 | Full-Service | Sub Broker |
| Founded In | 1995 | 2008 |
| CEO | Prathap C Reddy,Chairman | GANDHIMATHI BASKARAN |
| Headquarters | Chennai. | Chennai, Tamil Nadu |
| Sub Broker Activation Duration | 20-30 Days | 30 Days |
| Payout Frequency | 1 month | 31 Days |
| Network Strength | 2200+ | 27 |
| Active Clients | 42354 | 10,000+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.04 % | 0.05% |
| Business Models | ||
| Sub Broker/Authorized Person |  |  |
| Franchise | | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | NA | 50% – 70% |
| Franchise | 25% to 70% | NA |
| Master Franchise | NA | NA |
| Remisier | NA | 20% |
| Referral Plan | NA | NA |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | NA | ₹.50,000 – ₹.100,000 |
| Franchise | ₹0 to ₹1 Lakh | NA |
| Master Franchise | NA | NA |
| Remisier | NA | ₹.1,000 |
| 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 | ₹0 | ₹0 |
| Demat Account Maintenance | ₹0 | ₹0 |
| Trading Account Opening | ₹750 | ₹0 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.30% | 0.3% |
| Equity Intraday | 0.03% | 0.01% |
| Equity Futures | 0.03% | ₹30 Per Lot |
| Equity Options | ₹ 50 per lot | ₹50 Per Lot |
| Currency Futures | 0.03% | ₹30 Per Lot |
| Currency Options | ₹ 20 per lot | ₹50 Per Lot |
| Commodity | ₹ 0.03% | ₹50 Per Lot |
| 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:
Check More Comparisons:
If you need to see more comparisons just have a look here.