The brand value of a Stock broker franchise in india is crucial as it will attract more demat accounts and boost profits. Some of the top stock brokers in India have exorbitant brand value which can help their franchisees to grow fast. Some of them are Angel One, Sharekhan, Motilal Oswal, Hem Securities, Idafa, Zerodha and Upstox. These stockbrokers are famous for their excellent revenue sharing model, low investment, marketing support, advisory support and access to technology platforms.
Which franchise is best for stock broker?
If you are planning to open a brokerage firm in the financial industry, then you should partner with a stockbroker who has an extensive network of branches and offices. In addition to this, you should also partner with a stockbroker who has a great reputation in the market. You should also consider the company’s revenue share and other business models before making your final decision.
The leading stockbrokers in India are Angel Broking, Kotak Securities, and ICICI Direct. These companies have a huge presence in the market and offer great commissions to their sub-brokers. Additionally, these companies offer a variety of products and services, including demat accounts, trading account, IPO investments, research reports, and robo-advisory. The second best option is Sharekhan. This is a full-service stockbroker that has over 150 branches in India and offers a variety of trading and investment products. They also provide a range of training programs for their associates, such as referral program and affiliated program. The third-best stockbroker is IIFL, which provides a good amount of revenue shares and other benefits to its franchisees.