Aditya Birla Money Franchise Vs LKP Securities FranchiseĀ 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 notableĀ sub-brokerĀ program of ABML (Aditya Birla MoneyĀ 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 ofĀ outletsĀ of the company is more thanĀ 700Ā and that of theĀ 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 LKP Securities Franchise is one of the reputed franchise businesses that has its presence in the Indian stock broking industry since the year 2005.
The firm i.e.Ā LKP SecuritiesĀ began its operation in 1948. This financial solutions provider is known to provide a wide variety of financial services.
This is a certified ISO-9002 stockbroker in the market that lets you trade the equities, debt instruments, currency, commodity, structured products, and third-party distribution.
Owing to its best services to the customers, this SEBI registeredĀ sub-brokerĀ has more thanĀ 100,000 customersĀ to date.
It has membership inĀ BSE and NSE for the Capital and Debt market segments for the LKP securities and in the case of the Commodity segment, it has a membership of MCX, MCDEX, and DGCX-Dubai. For currency features, it is a trading member with NSE.
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.
Aditya Birla Money Franchise Vs LKP Securities Franchise Basics
Letās 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 LKP Securities Franchise 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 | Full Broker |
Founded In | 1995 | 1948 |
CEO | Prathap C Reddy,Chairman | Pratik Doshi |
Headquarters | Chennai. | Nariman Point, Mumbai |
Sub Broker Activation Duration | 20-30 Days | 35 Days |
Payout Frequency | 1 month | 30 Days |
Network Strength | 2200+ | 200+ |
Active Clients | 42354 | 1.5 Lakh+ |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.04 % | 0.1% |
Business Models | ||
Sub Broker/Authorized Person | ||
Franchise | ||
Master Franchise | ||
Remisier | ||
Referral Plan | ||
Entrepreneurial Partner | ||
Revenue Sharing | ||
Sub Broker/Authorized Person | NA | 50% to 60% |
Franchise | 25% to 70% | 40% to 50% |
Master Franchise | NA | NA |
Remisier | NA | NA |
Referral Plan | NA | NA |
Entrepreneurial Partner | NA | NA |
Initial Costing | ||
Sub Broker/Authorized Person | NA | ā¹25k to ā¹1 Lakh |
Franchise | ā¹0 to ā¹1 Lakh | NA |
Master Franchise | NA | NA |
Remisier | NA | 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 | ā¹0 | ā¹0 |
Demat Account Maintenance | ā¹0 | ā¹ 250 Per Annum |
Trading Account Opening | ā¹750 | ā¹0 |
Trading Account Maintenance | ā¹0 | ā¹0 |
Trading Platform Charges | ā¹0 | ā¹0 |
Brokerage | ||
Equity Delivery | 0.30% | 0.1% ā 0.5% |
Equity Intraday | 0.03% | 0.01% ā 0.05% |
Equity Futures | 0.03% | 0.01% ā 0.05% |
Equity Options | ā¹ 50 per lot | Rs. 50 per Lot both side |
Currency Futures | 0.03% | Rs.30 per Lot |
Currency Options | ā¹ 20 per lot | Rs.30 per Lot |
Commodity | ā¹ 0.03% | Rs. 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 toĀ become a sub-brokerĀ 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.