IndiaNivesh Partner Vs Angel Broking 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 conventional and well-established IndiaNivesh Partner is one of the franchise business in India with a good reputation.
That became a full-service stockbroker in the year 2006. Rajesh Nuwal founded it and by today, the broker has successfully created an active client base exceeding 15,000 and offers numerous segments to its customers for investment purposes.
The firm integrated with MCX ā SX, MCX, NSE, BSE (BSE), and NCDEXĀ for becoming a complete service stock dealer. For Demat services, it makes use of CSDL.
There are hundreds of IndiaNivesh Partners across India and it has successfully created a very good impression despite being a new player in the market.
This is also known as the franchise or theĀ sub-brokerĀ model in which the concerned person needs to make an investment for the infrastructure, i.e set up or rent an office space where he will deal with the clients and perform other business operations.
On the other end, a well-established full-service stockbroker with 11,500+ branches across the country i.e.Ā Angel Broking.
It is a well-established network across India is evident from the fact that its branchesĀ are found in overĀ 150 citiesĀ and theĀ sub-broker businessĀ is established in more thanĀ 500 cities and towns of the country.
It has got various awards from D&B Ā such as BSE Major Volume Driver stockbroker regularly for 10 years, i.e from 2004-14, Largest Sub-broker Network award and Top 5 Retail Broking houses.
Clients can avail of various advantages such as opening a Trading account, Demat account, get research reports, investing in IPO, etc.
With Angel broking Franchise, one can trade with a wide range of products such asĀ Mutual Funds, Derivatives, Equity, Commodity, Currency, etc. Ā Owing to its reputation in the past decades, it has very good brand equity.
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.
IndiaNivesh Partner Vs Angel Broking 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 IndiaNivesh Partner Vs Angel Broking Franchise comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
Broker/Comparison Entity | ![]() | ![]() |
Overview | ||
Company Type | Private | Private |
Broker Type | Full Service Broker | Full-Service (Hybrid) |
Founded In | 2006 | 1987 |
CEO | Rajesh Nuwal | Vinay Aggarwal |
Headquarters | Chennai,TN | Mumbai |
Sub Broker Activation Duration | 30 Days | 3-4 Business Days |
Payout Frequency | 35 Days | 30 Days |
Network Strength | 450+ | 11000+ |
Active Clients | 18000+ | 4 Lakh+ |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.26 % | 0.05% |
Business Models | ||
Sub Broker/Authorized Person | ![]() | ![]() |
Franchise | ![]() | ![]() |
Master Franchise | ![]() | ![]() |
Remisier | ![]() | ![]() |
Referral Plan | ![]() | ![]() |
Entrepreneurial Partner | ![]() | ![]() |
Revenue Sharing | ||
Sub Broker/Authorized Person | 50% to 80% | 40% to 80% |
Franchise | NA | 40% to 80% |
Master Franchise | NA | 60% to 85% |
Remisier | NA | 30% to 50% |
Referral Plan | 10 to 30 % | 10% |
Entrepreneurial Partner | NA | NA |
Initial Costing | ||
Sub Broker/Authorized Person | ā¹ 50,000 | ā¹50k to ā¹2 Lakh |
Franchise | NA | ā¹50k to ā¹2 Lakh |
Master Franchise | NA | ā¹1 Lakh to ā¹3 Lakh |
Remisier | NA | ā¹10k to ā¹20k |
Referral Plan | ā¹ 10,000 | ā¹0 |
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 | ā¹ 500 | ā¹0 |
Demat Account Maintenance | ā¹ 300 | ā¹450 |
Trading Account Opening | ā¹ 0 | ā¹0 |
Trading Account Maintenance | ā¹0 | ā¹0 |
Trading Platform Charges | ā¹0 | ā¹0 |
Brokerage | ||
Equity Delivery | 0.1% ā 0.2% | ā¹15 Per Executed Order |
Equity Intraday | 0.01% ā 0.02% | ā¹15 Per Executed Order |
Equity Futures | 0.01% ā 0.02% | ā¹15 Per Executed Order |
Equity Options | ā¹.10 ā ā¹.20 per Lot | ā¹15 Per Executed Order |
Currency Futures | 0.01% ā 0.02% | ā¹15 Per Executed Order |
Currency Options | ā¹.10 ā ā¹.20 per Lot | ā¹15 Per Executed Order |
Commodity | 0.01% ā 0.02% | ā¹15 Per Executed Order |
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 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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