Goodwill Commodities franchise Vs HDFC Securities 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 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.
On the other end, HDFC Securities has stayed among the top 3 stock brokers in India for a while now.
There are around 250 HDFC securities sub-broker 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 passive 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 HDFC Securities Franchise Basics
Let’s 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 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 | Sub Broker | Full-Service |
| Founded In | 2008 | 2000 |
| CEO | GANDHIMATHI BASKARAN | Dhiraj Relli |
| Headquarters | Chennai, Tamil Nadu | Mumbai |
| Sub Broker Activation Duration | 30 Days | 8-10 Business Days |
| Payout Frequency | 31 Days | 30 Days |
| Network Strength | 27 | 260 |
| Active Clients | 10,000+ | 6.7 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.05% | 0.01% |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 50% – 70% | 50% to 70% |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | 20% | NA |
| Referral Plan | NA | NA |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹.50,000 – ₹.100,000 | ₹2 Lakh |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | ₹.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 | ₹0 | ₹0 |
| Demat Account Maintenance | ₹0 | ₹750 |
| Trading Account Opening | ₹0 | ₹999 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | 0.3% | 0.5% or ₹25 whichever is higher |
| Equity Intraday | 0.01% | 0.1% |
| Equity Futures | ₹30 Per Lot | 0.5% or ₹25 whichever is higher |
| Equity Options | ₹50 Per Lot | ₹100 per lot |
| Currency Futures | ₹30 Per Lot | ₹23 per contract |
| Currency Options | ₹50 Per Lot | ₹20 per contract |
| Commodity | ₹50 Per Lot | 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 to become a sub-broker with any of the prominent stockbrokers, let us assist you in taking the next steps forward:
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