Best Sub Broker Franchise in India – List of Top 10 Sub Broker Partner
Let us see today who are the Best Sub Broker Franchise in India or Top 10 Sub Broker Partner.
Before getting into the one of the fierce comparison of sub broker franchise, we should look at the parameters on which they have been compared.
With our 12 years of experience in this sector, we have analysed around 300 parameters and then finalized 5 which makes most sense to any small business who wants to get into sub broker business.
We have also consulted over 500 sub brokers or stock broking franchise owners to understand their requirement before joining a prolific stock broking house as a channel partner.
Let us look into these 5 parameters now –
- Experience & Brand value
- Market Share
- Revenue Sharing Model
- Product, Services & Offers
- Holistic Support
Best Sub Broker Franchise in India or Top 10 Sub Broker Partner in 2020
Let’s us now look into each of these parameters which sub broker partner is winning the race –
| Rank | Franchisor | Rating |
| 1 | Angel Broking Franchise | 9.60 |
| 2 | Sharekhan Franchise | 9.40 |
| 3 | Motilal Oswal Franchise | 9.40 |
| 4 | IIFL Franchise | 9.28 |
| 5 | ICICI Direct Franchise | 9.13 |
| 6 | SMC Franchise | 9.07 |
| 7 | Zerodha Partner | 9.03 |
| 8 | Nirmal Bang Franchise | 8.99 |
| 9 | Kotak Securities Franchise | 8.94 |
| 10 | Upstox Partner | 8.91 |
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Best Sub Broker Franchise with Top Brand Value
Experience in this sector is extremely important as many big players has drowned due to some or the other reasons, but these sub broker partners are survivors & market leaders.
They have gained an immense brand value due to the support they get from the client base as well as from their sub brokers.
| Rank | Franchisor | Brand Rating |
| 1 | Zerodha Partner | 9.75 |
| 2 | Angel Broking Franchise | 9.50 |
| 3 | Motilal Oswal Franchise | 9.50 |
| 4 | Upstox Partner | 9.30 |
| 5 | Sharekhan Franchise | 9.20 |
| 6 | ICICI Direct Franchise | 9.10 |
| 7 | IIFL Franchise | 9.00 |
| 8 | Kotak Securities Franchise | 8.60 |
| 9 | SMC Franchise | 8.50 |
| 10 | Nirmal Bang Franchise | 8.30 |
Top 10 Sub Broker Partner with High Market Share
Market share is about the volume of business these channel partners drive in the stock broking franchise space.
These top 10 stock broking franchise are leaders in the market & hence they are in this list. The higher the market share the larger the group in sub broker space.
| Rank | Franchisor | Market Share Rating |
| 1 | Angel Broking Franchise | 9.60 |
| 2 | Zerodha Partner | 9.50 |
| 3 | Sharekhan Franchise | 9.30 |
| 4 | Upstox Partner | 9.25 |
| 5 | Motilal Oswal Franchise | 9.10 |
| 6 | IIFL Franchise | 9.10 |
| 7 | SMC Franchise | 9.00 |
| 8 | Nirmal Bang Franchise | 9.00 |
| 9 | ICICI Direct Franchise | 8.80 |
| 10 | Kotak Securities Franchise | 8.50 |
Best Sub Broker Franchise in India with High Revenue Sharing
Revenue sharing model is one of the most important parameter to gauge a sub broker partner because most of their b2b client look for these criteria before choosing a stock broker franchise.
This significantly relates to the volume of money a sub broker can earn from their client, the lower the revenue share percentage a franchise owner takes is better for sub broker.
| Rank | Franchisor | Revenue Sharing Rating |
| 1 | Angel Broking Franchise | 9.65 |
| 2 | Sharekhan Franchise | 9.50 |
| 3 | Motilal Oswal Franchise | 9.45 |
| 4 | IIFL Franchise | 9.40 |
| 5 | SMC Franchise | 9.30 |
| 6 | Kotak Securities Franchise | 9.20 |
| 7 | Nirmal Bang Franchise | 9.10 |
| 8 | ICICI Direct Franchise | 9.00 |
| 9 | Upstox Partner | 8.60 |
| 10 | Zerodha Partner | 8.50 |
Best Channel Partner with High Quality Products, Services & Offers
Another important parameter any sub broker will look for before finalizing a channel partner.
The sub broker will look into the various asset classes their client base can venture into, the more the product the higher the client base they can cater to.
Services is another major factor as it smoothens the processes for the sub broker.
Now a days, all broking houses are giving a lot of offers, hence, offers is another major factor before choosing a stock broking franchise.
This is another major parameter for choosing these top 10 sub broker partner.
| Rank | Franchisor | Services Rating |
| 1 | Angel Broking Franchise | 9.50 |
| 2 | Motilal Oswal Franchise | 9.45 |
| 3 | Sharekhan Franchise | 9.40 |
| 4 | IIFL Franchise | 9.40 |
| 5 | ICICI Direct Franchise | 9.35 |
| 6 | SMC Franchise | 9.25 |
| 7 | Nirmal Bang Franchise | 9.25 |
| 8 | Kotak Securities Franchise | 9.20 |
| 9 | Zerodha Partner | 8.90 |
| 10 | Upstox Partner | 8.80 |
Top Sub Broker Franchise with Holistic Support
To understand better about these top 10 sub broker partner one should also look into their support mechanism.
Holistic support means whether the sub broker partner provides marketing support to the sub broker, how is their customer i.e sub broker support mechanism.
Whether these channel partners are providing trading platforms for across devices, whether their services are competent against other top 10 sub broker partner.
| Rank | Franchisor | Support Rating |
| 1 | Angel Broking Franchise | 9.75 |
| 2 | Sharekhan Franchise | 9.60 |
| 3 | Motilal Oswal Franchise | 9.50 |
| 4 | IIFL Franchise | 9.50 |
| 5 | ICICI Direct Franchise | 9.40 |
| 6 | SMC Franchise | 9.30 |
| 7 | Nirmal Bang Franchise | 9.30 |
| 8 | Kotak Securities Franchise | 9.20 |
| 9 | Upstox Partner | 8.60 |
| 10 | Zerodha Partner | 8.50 |
Conclusion – Best Sub Broker Franchise in India
According to us these are the major reasons any sub broker should look into before finalizing a stock broking franchise.
One should look into all the details before hooking with a channel partner as it is always a long term relationship a business owner will like to enter into in B2B form of business.
Top10 Sub Broker Partner India FAQs
Ques – What does a sub broker do?
Answer – Sub broker partners are practically market leaders. They have, over the years, gained huge brand value due to all the support they get from customers all over. They hold the franchise units of the brands they collaborate with.
Ques – Where can I find the best sub broker in my city?
Answer – The higher the market share, the larger will be the group in some proper space. You can find the best sub broker in the city by referring to this article given on our website.
Ques – Who is eligible to become a sub broker?
Answer – What you need is the minimum qualification of plus II. Some brokers, nonetheless, prefer at least a graduation degree of a potential sub-broker before appointing them as one. Nevertheless, your knowledge regarding the market needs to be at its peak.
Ques – Why Angel Broking it is considered the best sub broker?
Answer – Angel broking is considered to be the best broker in the market because of their B2B client look, their extremely less brokerage fee, their tactful way of advising the traders and the tremendous revenue share percentage it possesses.
Ques – Is it ok to become sub broker of Sharekhan?
Answer – It is definitely more than just okay to become a sub broker of Sharekhan. The reasons being, it is extremely technology-backed, it provides an in-depth research, comprehensive training is given to the employees, there is a solid marketing support and various activities for the outlet are presented.
Ques – On what basis I should become sub broker of any company?
Answer – The sub-broker needs to look into the various asset classes that the customer base can delve into. Then comes services. These days, almost every broking house is giving a lot of offers and this becomes another primitive factor that needs to be kept in mind before choosing a brokerage house.
Ques – Which are the top 10 sub broker partners in stock market?
Answer – The top 10 sub-broker partners in stock market at Angel broking franchise, share Khan franchise, Motilal Oswal franchise, SMC franchise, ICICI direct franchise, IIFL franchise, Kotak securities franchise, Sushil finance franchise, Nirmal bang franchise and last but not the least profit mart franchise.
Ques – What kind of support we get after becoming a sub broker?
Answer – The amount of holistic support is provided to the sub-broker after being selected as one. It means whether the sub-broker provides marketing support to the sub broker, how the customer base is and the entire sub broker support mechanism.
Ques – Does the broking house gives free training to the sub brokers?
Answer – Yes it does provide free training to the sub-brokers, most of the time. In addition to that, experience and brand value, market share, revenue sharing model, holistic support and product, services as well as offers are also provided.
Ques – Is it mandatory to have NISM certificate to become partner?
Answer – The NISM certificate has been made extremely compulsory by the SEBI in order to work in any and every capital market organisation. For instance, if at all you want to work as a mutual fund distributor, you need to have the certification of NISM.
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List of few more Top 10 Sub Broker Franchise in India
Here are the list of few more companies which provides Sub Broker Program to their customers –
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