SMC Global Franchise Ā Vs Motilal Oswal 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 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, Motilal Oswal Franchise that has been around the stockbroking space for more than 3 decades with multiple value propositions including research, trading platforms, offline presence.
Its network is widely spread in overĀ 500 citiesĀ of India, with the number of sub-broker offices exceedingĀ 2000Ā and aroundĀ 2300 business partnersĀ associated with it.
With Motilal Oswal Franchise, you can get to trade various products such asĀ commodities, currency, derivative instruments, equity and various investment instruments such as mutual funds, IPO, SIP, insurance, etc.
As a sub-broker, you can get a chance to explore a variety of business opportunities through Motilal Oswal such as online trading, Demat account, intraday trading, etc.
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 Motilal Oswal 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 SMC Global Franchise vs Motilal Oswal Franchise comparison, you should hopefully be able to take a decision on which stockbroker you must be partnering with!
Overview | ||
Company Type | Public | Private |
Broker Type | Sub Broker | Full-Service |
Founded In | 1990 | 1987 |
CEO | S C Aggarwal | Motilal Oswal |
Headquarters | Delhi, India | Mumbai |
Sub Broker Activation Duration | 2-3 Weeks | 5-6 Business Days |
Payout Frequency | 30-45 Days | 30 Days |
Network Strength | 2500+ | 2300+ |
Active Clients | 105168+ | 3.2 Lakh+ |
Clients Complaint Percentage (Industry Average: 0.06%) | 0.02% | 0.06% |
Business Models | ||
Sub Broker/Authorized Person | ||
Franchise | ||
Master Franchise | ||
Remisier | ||
Referral Plan | ||
Entrepreneurial Partner | ||
Revenue Sharing | ||
Sub Broker/Authorized Person | 30% to 60% | ā¹3 Lakh |
Franchise | NA | ā¹2 - ā¹3 Lakh |
Master Franchise | NA | ā¹3 - ā¹4 Lakh |
Remisier | NA | ā¹15k |
Referral Plan | NA | ā¹0 |
Entrepreneurial Partner | NA | ā¹15k |
Initial Costing | ||
Sub Broker/Authorized Person | ā¹2 Lakh to ā¹5 Lakh | ā¹2 Lakh |
Franchise | NA | 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 | ā¹499 | ā¹0 |
Demat Account Maintenance | ā¹0 | ā¹440 |
Trading Account Opening | ā¹0 | ā¹1000 |
Trading Account Maintenance | ā¹300 | ā¹0 |
Trading Platform Charges | ā¹0 | ā¹0 |
Brokerage | ||
Equity Delivery | 0.3 % | 0.3% |
Equity Intraday | 0.03 % | 0.03% |
Equity Futures | 0.03 % | 0.03% |
Equity Options | ā¹70 Per Lot | 0.03% |
Currency Futures | 0.03 % | 0.03% |
Currency Options | ā¹20 Per Lot | 0.03% |
Commodity | 0.03 % | 0.03% |
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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