Aditya Birla Money Franchise Vs RK Global 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 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 full-service stockbroker with 11,500+ branches across the country i.e. RK Global Sub broker
RK Global Sub broker is a famous stockbroking business of India which began in the year 1995.
RK GlobalĀ was under Shri Ramesh Kumar Bhagchandkaās leadership, who is the son of Shri Lakhi Prasad Bhagchandka, that this stockbroking house began in New Delhi.
If we consider the past 2-3 decades, there has been a significant growth of this firm which has led to the opening of overĀ 250 franchise outletsĀ across the country.
Currently, the headquarters of RK Global Sub broker are in Mumbai, Maharashtra. It has overĀ 90,000 customersĀ inĀ 150 Indian citiesĀ across theĀ 24 statesĀ where its services are available for the people.Ā It is well known for client satisfaction which has been possible by fulfilling their diverse requirements.
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 RK Global 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 Aditya Birla Money Franchise Vs RK Global 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 | Full-Service | Discount Broker |
Founded In | 1995 | 1999 |
CEO | Prathap C Reddy,Chairman | Sushil Kumar Dhancholia |
Headquarters | Chennai. | New Delhi, Delhi |
Sub Broker Activation Duration | 20-30 Days | 31 Days |
Payout Frequency | 1 month | 25 Weeks |
Network Strength | 2200+ | 250+ |
Active Clients | 42354 | 8290 |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.04 % | 0.2 % |
Business Models | ||
Sub Broker/Authorized Person | ![]() | ![]() |
Franchise | ![]() | ![]() |
Master Franchise | ![]() | ![]() |
Remisier | ![]() | ![]() |
Referral Plan | ![]() | ![]() |
Entrepreneurial Partner | ![]() | ![]() |
Revenue Sharing | ||
Sub Broker/Authorized Person | NA | 60% to 80% |
Franchise | 25% to 70% | 40% to 60% |
Master Franchise | NA | NA |
Remisier | NA | NA |
Referral Plan | NA | NA |
Entrepreneurial Partner | NA | NA |
Initial Costing | ||
Sub Broker/Authorized Person | NA | ā¹ 1,00,000 to 2,00,000 |
Franchise | ā¹0 to ā¹1 Lakh | ā¹ 0 |
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 | ā¹ 50 |
Demat Account Maintenance | ā¹0 | ā¹ 250 |
Trading Account Opening | ā¹750 | ā¹ 0 |
Trading Account Maintenance | ā¹0 | ā¹0 |
Trading Platform Charges | ā¹0 | ā¹0 |
Brokerage | ||
Equity Delivery | 0.30% | ā¹ 9 per Executed Order |
Equity Intraday | 0.03% | ā¹ 9 per Executed Order |
Equity Futures | 0.03% | ā¹ 9 per Executed Order |
Equity Options | ā¹ 50 per lot | ā¹ 9 per Executed Order |
Currency Futures | 0.03% | ā¹ 9 per Executed Order |
Currency Options | ā¹ 20 per lot | ā¹ 9 per Executed Order |
Commodity | ā¹ 0.03% | ā¹ 9 per Executed Order |
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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