RK Global Sub broker Vs Zenmoney 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 a conventional and well-established RK Global Sub broker is a famous stockbroking business of India which began in the year 1995.
RK GlobalĀ was under Shri Ramesh Kumar Bhagchandkaās leadership, who is the son of Shri Lakhi Prasad Bhagchandka, that this stockbroking house began in New Delhi.
If we consider the past 2-3 decades, there has been a significant growth of this firm which has led to the opening of overĀ 250 franchise outletsĀ across the country.
Currently, the headquarters of RK Global Sub broker are in Mumbai, Maharashtra. It has overĀ 90,000 customersĀ inĀ 150 Indian citiesĀ across theĀ 24 statesĀ where its services are available for the people.Ā It is well known for client satisfaction which has been possible by fulfilling their diverse requirements.
On the other end, a well-established full-service stockbroker with 11,500+ branches across the country i.e. Zenmoney Franchise.
Zenmoney Franchise is one of the franchise business in India with a good reputation.
It was founded in the year 1986 by Ravindra Babu Kantheti and has its headquarters located in Hyderabad.
In the year 1995,Ā ZenmoneyĀ was transformed into Zenmoney securities Limited making the overall company structure different from its original format.
It is Hyderabadās first corporate member as well as the first of its kind to allow AP on the NSE, i.e National stock Exchange.
There are overĀ 70 branches and associatesĀ of this stockbroking firm spread across Andhra Pradesh, Odisha,Ā Tamil Nadu, Maharashtra, Karnataka, and West Bengal.
It carries out the operations through 500 trading terminals from about 140 different places.
This full-service stockbroker provides financial and investment services and products to the customers.
It ensures long term association of its clients with the firm through its value-based investment advice so that they can make money.
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.
RK Global Sub broker Vs Zenmoney 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 RK Global Sub broker Vs Zenmoney 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 | Public |
Broker Type | Discount Broker | Full Service Broker |
Founded In | 1999 | 1995 |
CEO | Sushil Kumar Dhancholia | Mr.K.K Ravindra Babu Kantheti |
Headquarters | New Delhi, Delhi | Hyderabad |
Sub Broker Activation Duration | 31 Days | 28 Days |
Payout Frequency | 25 Weeks | 30 Days |
Network Strength | 250+ | 500+ |
Active Clients | 8290 | 13769 |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.2 % | 0.03 % |
Business Models | ||
Sub Broker/Authorized Person | ![]() | ![]() |
Franchise | ![]() | ![]() |
Master Franchise | ![]() | ![]() |
Remisier | ![]() | ![]() |
Referral Plan | ![]() | ![]() |
Entrepreneurial Partner | ![]() | ![]() |
Revenue Sharing | ||
Sub Broker/Authorized Person | 60% to 80% | 40% to 70% |
Franchise | 40% to 60% | NA |
Master Franchise | NA | NA |
Remisier | NA | NA |
Referral Plan | NA | NA |
Entrepreneurial Partner | NA | NA |
Initial Costing | ||
Sub Broker/Authorized Person | ā¹ 1,00,000 to 2,00,000 | ā¹ 50000 |
Franchise | ā¹ 0 | NA |
Master Franchise | NA | NA |
Remisier | NA | 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 | ā¹ 50 | ā¹ 500 |
Demat Account Maintenance | ā¹ 250 | ā¹ 300 |
Trading Account Opening | ā¹ 0 | ā¹0 |
Trading Account Maintenance | ā¹0 | ā¹0 |
Trading Platform Charges | ā¹0 | ā¹ 50/Transaction |
Brokerage | ||
Equity Delivery | ā¹ 9 per Executed Order | 0.5% |
Equity Intraday | ā¹ 9 per Executed Order | 0.05% |
Equity Futures | ā¹ 9 per Executed Order | 0.04% |
Equity Options | ā¹ 9 per Executed Order | ā¹ 70 per Lot |
Currency Futures | ā¹ 9 per Executed Order | 0.04% |
Currency Options | ā¹ 9 per Executed Order | ā¹ 50 per Lot |
Commodity | ā¹ 9 per Executed Order | 0.03% |
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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