IIFL Sub Broker Vs TradePlus Online Sub Broker

IIFL Sub Broker Vs TradePlus Online 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 a conventional and well-established full-service stockbroker – IIFL that is known for its top trading mobile app in the form of IIFL Markets, quality fundamental research, huge offline presence.

Its branches are spread across a large number of cities in India that count to more than 900. There are over 4000 IIFL sub-brokers, franchise as well as the partner offices.

According to the latest records of NSE,  the employee count of IIFL is in excess of 8000, which includes the relationship managers along with an active client base of 2,35,241.

On the other end, TradePlus Online sub-broker is one of the well-known franchise businesses of India that comes from a discount broking background.

This sub-broker model belongs to TradePlus Online which began in the year 1983 with a different business model back then.

It is a combination of two companies named Navia Markets Ltd & Navia Commodities Broker Pvt Ltd. It has been steadily progressing in the financial service sector since the year 1995 when its stockbroking business started.

With both the stockbrokers opening up sub-brokers and other partnership models for potentially interested parties, it’s interesting to understand which of these two has a better deal to offer.

TradePlus online provides only a single business model to its potential clients, which is known as the TradePlus Online referral model.

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.

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IIFL Sub Broker Vs TradePlus Online 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 IIFL Sub Broker Vs Trade Plus Online Sub Broker comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!

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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