ICICI Direct Sub Broker Vs Coimbatore Capital Sub Broker can be seen as one of the most sought out stockbroking partnership business comparisons in the industry.
At one end of the spectrum is ICICI Direct – one of the top-notch full-service stockbrokers in India with over 1000 offices across different parts of the country and a prominent brand name.
ICICI Direct is among those institutions that recognized the growing trend of the financial markets as well as the investment business. In the year 2003, its partnership offer in terms of ICICI Direct sub-broker business began
In order to cater to the inclination of people, ICICI Direct decided to start retail channels through which the potential customers from the smaller cities can be acquired.
Over 400 locations having 1200 franchise outlets were served by ICICI Direct when it took off in its initial years. Currently, there are more than 1050 offices of ICICI Direct, found in both Tier-I and Tier-II cities.
And on the other end, the Coimbatore Capital sub-broker is among the largest franchise businesses of South India with its headquarters located at Coimbatore.
It started in the year 1995 in Tamil Nadu. An industrialist named Mr.D.Balasundaram, who is also a financial expert of NSE, had endorsed this stockbroking firm.
Besides this, he had also founded the Coimbatore Stock Exchange Limited and Inter-Connected stock exchange of India Limited.
The number of branches of this public entity, i.e Coimbatore Capital Limited is more than 150 across south India. The number of client accounts and retailers exceeds 65000.
This full-service stockbroker is known for providing online trading as well as a mobile platform. Partners get various provisions and benefits in the form of products and services from it, all of which have enhanced its reputation in the stockbroking industry.
This firm offers a single partnership model named as Coimbatore Capital sub-broker or Business Associate Model.
ICICI Direct Sub Broker Franchise Vs Coimbatore Capital Sub Broker 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 ICICI Direct Sub Broker Vs Coimbatore Capital sub-broker comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
| Broker/Comparison Entity |  |  |
| Overview | ||
| Company Type | Public | Public |
| Broker Type | Full Service Broker | Bank-Based Full service |
| Founded In | 1995 | 2003 |
| CEO | D.Balasundaram | Vijay Chandok |
| Headquarters | Coimbatore, T.N | Mumbai |
| Sub Broker Activation Duration | 4-5 Business Days | 7-10 Busineess Days |
| Payout Frequency | 30 Days | 30 Days |
| Network Strength | 150+ | 2250+ |
| Active Clients | 50000 | 8 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.03% | 0.01 % |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 50% to 75% | 40 % to 70 % |
| Franchise | NA | N/A |
| Master Franchise | NA | N/A |
| Remisier | NA | 20 to 40 % |
| Referral Plan | 10% to 20% | 10 % |
| Entrepreneurial Partner | NA | NA |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹25000 to ₹100000 | ₹1 to ₹2 lakh |
| Franchise | NA | NA |
| Master Franchise | NA | NA |
| Remisier | NA | ₹70,000 to ₹1,00,000 |
| Referral Plan | ₹0 | ₹0 |
| Entrepreneurial Partner | 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 | ₹250 | ₹0 |
| Demat Account Maintenance | ₹399 | ₹0 |
| Trading Account Opening | ₹0 | ₹0 |
| Trading Account Maintenance | ₹0 | ₹700 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | N/A | |
| Equity Delivery | 0.25 % | 0.55% |
| Equity Intraday | 0.02% | 0.275% |
| Equity Futures | 0.02% | 0.03% to 0.05% |
| Equity Options | ₹.10 per Lot | ₹35 to ₹95 per lot |
| Currency Futures | 0.03% | 0.03% to 0.05% |
| Currency Options | 0.02% | ₹10 to ₹25 per lot |
| Commodity | 0.02% | NA |
| Overall Ratings | ||
| 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: