Goodwill Commodities franchise Vs Emkay global 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 Goodwill Commodities franchise. Goodwill Commodities franchise is a reputed stockbroker in the industry based in Chennai.
There are manyĀ sub-brokersĀ operating under it since its inception in theĀ 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,Ā Goodwill CommoditiesĀ 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 areĀ 27 locationsĀ 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.
On the other end, a well-established Emkay global franchise is one of the reputed franchise businesses in the stockbroking industry.
Emkay global franchise is a reputed player in the stockbroking industry of India which has numerousĀ sub-brokers operating under it. It has its existence since the year 1995.
Owing to the outstanding services which the firm provides its clients, it has won many awards recently. Some of these includeĀ Best Research Team Award, Best Sales Team Award, Fastest Growing Financial Company.
This firm strives to enhance its offline presence in the country by improving its operational efforts and brand value. Despite all these facts, it is essential for you to know various aspects of the company related to the business models, investment, revenue share, and offers before deciding to partner with it.
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.
Goodwill Commodities franchise Vs Emkay global franchise 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 Goodwill Commodities franchise Vs Emkay global 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 | Sub Broker | Full Service Broker |
Founded In | 2008 | 1995 |
CEO | GANDHIMATHI BASKARAN | Bhavesh Sanghvi |
Headquarters | Chennai, Tamil Nadu | Mumbai |
Sub Broker Activation Duration | 30 Days | 35 Days |
Payout Frequency | 31 Days | 35 Days |
Network Strength | 27 | 43 |
Active Clients | 10,000+ | 13000+ |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.05% | 0.06 % |
Business Models | ||
Sub Broker/Authorized Person | ||
Franchise | ||
Master Franchise | ||
Remisier | ||
Referral Plan | ||
Entrepreneurial Partner | ||
Revenue Sharing | ||
Sub Broker/Authorized Person | 50% ā 70% | 50% to 80% |
Franchise | NA | NA |
Master Franchise | NA | NA |
Remisier | 20% | NA |
Referral Plan | NA | NA |
Entrepreneurial Partner | NA | NA |
Initial Costing | ||
Sub Broker/Authorized Person | ā¹.50,000 ā ā¹.100,000 | ā¹1 Lakh to ā¹3 Lakh |
Franchise | NA | NA |
Master Franchise | NA | NA |
Remisier | ā¹.1,000 | 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 | ā¹0 | ā¹0 |
Trading Account Maintenance | ā¹0 | ā¹ 250 per Annum |
Trading Platform Charges | ā¹0 | ā¹0 |
Brokerage | ||
Equity Delivery | 0.3% | 0.3 % |
Equity Intraday | 0.01% | 0.03 % |
Equity Futures | ā¹30 Per Lot | 0.03 % |
Equity Options | ā¹50 Per Lot | Rs.33 per Lot |
Currency Futures | ā¹30 Per Lot | 0.03% |
Currency Options | ā¹50 Per Lot | Rs.23 per Lot |
Commodity | ā¹50 Per Lot | 0.03% |
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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