Master trust franchise Vs SHCIL Franchise

Master trust franchise Vs SHCIL 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 Master trust franchise is a stockbroking business based out of Punjab.

This full-service stockbroker which started in the year 1994 by Harjeet Sing Arora, also deals with the franchise distribution business. It was created as an integrated trading nonbanking services provider.

There are more than 1.5 lakh clients operating under it all across the country, with over 600 proactive employees and has numerous sub-brokers operating under it. There are different kinds of customers who are catered by this firm but the primary focus is on retail clients.

Master Trust is registered with NSDL and CSDL. Equity and derivatives are dealt with, through BSE and NSE. MCX-SX is used for currency trading. For the commodity segment, MCX, and NCDEX are used that operate through Master commodity service Ltd, which is its subsidiary company.

On the other end, a well-established full-service stockbroker with 11,500+ branches across the country i.e. SHCIL Franchise, founded by Sanjay Pote, which is one of the top players in the stockbroking industry in India through its huge offline presence in the form of sub-brokers.

It is Stock Holding Corporation of India’s wholly-owned subsidiary that became a public limited company in the year 1986.

This full-service stockbroker with its corporate office in Mumbai has a strong presence in the market for over the past 30 years. Its offline presence is spread throughout the country.

If you want to partner with this firm, you should be well aware of its different aspects such as its business models, initial investments, revenue sharing, benefits, drawbacks, and offers.

You should understand the business models of a stockbroking firm before making an investment. So, in this article, we have covered different aspects of SHCIL franchise such as its initial investment, the revenue sharing, offers, benefits as well as drawbacks, so that you can take a right decision

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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Master trust franchise Vs SHCIL 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 Master trust franchise Vs SHCIL Franchise 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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