Zerodha Franchise Vs TradePlus Online Sub Broker 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 Zerodha that has rocketed its position in the Indian stock broking industry to the top spot within a decade of its establishment (all thanks to the introduction of discount broking of course).
It started in the year 2010 and has its headquarters in Bangalore. The company is known to provide its customers with a reasonable quality of trading products
The Authorised Person Program from Zerodha in the stockbroking sector has been in the market for the last 9 years and ensures its clients get the lowest brokerage charges.
It has created a significant impression in the Stockbroking industry so far.
On the other end, TradePlus Online sub-broker is one of the well-known franchise businesses of India that comes from a discount broking background.
This sub-broker model belongs to TradePlus Online which began in the year 1983 with a different business model back then.
It is a combination of two companies named Navia Markets Ltd & Navia Commodities Broker Pvt Ltd. It has been steadily progressing in the financial service sector since the year 1995 when its stockbroking business started.
With both the stockbrokers opening up sub-brokers and other partnership models for potentially interested parties, it’s interesting to understand which of these two has a better deal to offer.
TradePlus online provides only a single business model to its potential clients, which is known as the TradePlus Online referral model.
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.
Zerodha Franchise Vs TradePlus Online Sub Broker 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 Zerodha Franchise Vs Trade Plus Online Sub Broker 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 | Discount Broker | Full-Service |
| Founded In | 2010 | 1995 |
| CEO | Nitin Kamath | Karan Bhagat |
| Headquarters | Bangalore | Mumbai |
| Sub Broker Activation Duration | 4-5 Business Days | 3-4 Business Days |
| Payout Frequency | 30 Days | 30 Days |
| Network Strength | 500+ | 4500+ |
| Active Clients | 9 Lakh+ | 2.3 Lakh+ |
| Clients Complaint Percentage (Industry Average: 0.06%) | 0.03% | 0.06% |
| Business Models | ||
| Sub Broker/Authorized Person |  | |
| Franchise |  | |
| Master Franchise | | |
| Remisier | | |
| Referral Plan | | |
| Entrepreneurial Partner | | |
| Revenue Sharing | ||
| Sub Broker/Authorized Person | 20% to 50% | N/A |
| Franchise | NA | N/A |
| Master Franchise | NA | N/A |
| Remisier | NA | N/A |
| Referral Plan | 10% | 50 to 100 % |
| Entrepreneurial Partner | NA | 20% to 40% |
| Initial Costing | ||
| Sub Broker/Authorized Person | ₹1500 | N/A |
| Franchise | NA | N/A |
| Master Franchise | NA | N/A |
| Remisier | NA | N/A |
| Referral Plan | ₹0 | ₹0 |
| Entrepreneurial Partner | NA | ₹0 |
| 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 | ₹100 | ₹0 |
| Demat Account Maintenance | ₹300 | ₹500 |
| Trading Account Opening | ₹200 | ₹199 |
| Trading Account Maintenance | ₹0 | ₹0 |
| Trading Platform Charges | ₹0 | ₹0 |
| Brokerage | ||
| Equity Delivery | ₹0 | 0.1% |
| Equity Intraday | 0.01% or ₹20 per trade whichever is lower | 0.01% |
| Equity Futures | 0.01% or ₹20 per trade whichever is lower | 0.01% |
| Equity Options | 0.01% or ₹20 per trade whichever is lower | ₹99 per Month |
| Currency Futures | 0.01% or ₹20 per trade whichever is lower | ₹99 per Month |
| Currency Options | 0.01% or ₹20 per trade whichever is lower | ₹99 per lot |
| Commodity | 0.01% or ₹20 per trade whichever is lower | ₹99 per lot |
| 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 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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