March 28, 2024

SMC Global Franchise Vs ICICI Direct Sub Broker

SMC Global Franchise Vs ICICI Direct Sub Broker

SMC Global Franchise Ā Vs ICICI Direct Sub BrokerĀ 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 SMC GlobalĀ is a reputed stockbroking house that has its presence in the industry for many yearsĀ since 1990.

It provides a range of financial as well as investment products through its SMC Global franchise business which initiated inĀ 1998.

It has a huge client base of over 1,08,000 (active clients: 1,06,129) along with more thanĀ 3000 employeesĀ which are spread across 500 cities in India as well as UAE.

SMC Global is a member of various stock exchanges of India such asĀ BSE, MCX, MCX-SX, NSE, and NCDEX. The firm intends to maintain strong bonds with itsĀ sub-brokersĀ to ensure a progressive business

On the other end, ICICI Direct ā€“ 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 DirectĀ 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 DirectĀ sub-brokerĀ 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.

OverĀ 400 locationsĀ havingĀ 1200 franchise outletsĀ were served by ICICI Direct when it took off in its initial years. Currently, there are more thanĀ 1050 offices of ICICI Direct, found in both Tier-I and Tier-II cities.

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.


SMC Global Franchise Vs ICICI Direct Sub Broker Basics

Letā€™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 SMC Global Franchise vs ICICI Direct 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 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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