April 20, 2024

Aditya Birla Money Franchise Vs HDFC Securities Franchise

Aditya Birla Money Franchise Vs HDFC Securities Franchise

Aditya Birla Money Franchise Vs HDFC 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, HDFC Securities has stayed among the top 3 stock brokers in India for a while now.

There are aroundĀ 250 HDFC securitiesĀ sub-brokerĀ offices, which is somewhat less with respect to the number of offline offices of the other full-service stockbrokers in the industry.

With HDFC securities you can avail the advantage of a 3 in 1 account. It combines the trading account of HDFC Securities with your HDFC bank account as well as the Demat account.

This enables the easy movement of shares or funds from the bank or the Demat account for successfully completing the transactions. Not only this, you get the benefit of ensuring the completion of the process in much less time.

The electronic mode of the placement of orders makes the proceeds available to you quickly too.

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 HDFC Securities Franchise Basics

Letā€™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 HDFC Securities 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 Full-Service
Founded In 1995 2000
CEO Prathap C Reddy,Chairman Dhiraj Relli
Headquarters Chennai. Mumbai
Sub Broker Activation Duration 20-30 Days 8-10 Business Days
Payout Frequency 1 month 30 Days
Network Strength 2200+ 260
Active Clients 42354 6.7 Lakh+
Clients Complaint Percentage (Industry Average: 0.06%) 0.04 % 0.01%
Business Models
Sub Broker/Authorized Person
Franchise
Master Franchise
Remisier
Referral Plan
Entrepreneurial Partner
Revenue Sharing
Sub Broker/Authorized Person NA 50% to 70%
Franchise 25% to 70% NA
Master Franchise NA NA
Remisier NA NA
Referral Plan NA NA
Entrepreneurial Partner NA NA
Initial Costing
Sub Broker/Authorized Person NA ā‚¹2 Lakh
Franchise ā‚¹0 to ā‚¹1 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 ā‚¹0 ā‚¹0
Demat Account Maintenance ā‚¹0 ā‚¹750
Trading Account Opening ā‚¹750 ā‚¹999
Trading Account Maintenance ā‚¹0 ā‚¹0
Trading Platform Charges ā‚¹0 ā‚¹0
Brokerage
Equity Delivery 0.30% 0.5% or ā‚¹25 whichever is higher
Equity Intraday 0.03% 0.1%
Equity Futures 0.03% 0.5% or ā‚¹25 whichever is higher
Equity Options ā‚¹ 50 per lot ā‚¹100 per lot
Currency Futures 0.03% ā‚¹23 per contract
Currency Options ā‚¹ 20 per lot ā‚¹20 per contract
Commodity ā‚¹ 0.03% NA
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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