Find 1st of its kind Comparison of Zerodha Franchise vs SMC Global Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
Zerodha & SMC Global are both Broking houses & provide sub brokership to their partners. Both of them have varied Business Models which we will discuss here.
Compare Sub Broker Franchise
vs
In this comparison, we will dig deep into all the aspects of both broking franchise brands. The significant aspects that we will discuss are:
- Overview
- Customer Ratings
- Business Models
- Security Deposit or Initial Investment
- Revenue Sharing or Commission
- Infrastructure Requirement
- Offers
- Support
- Brokerage Charges to Clients
- Other Charges & Margin to Clients
With this detailed comparison, we will have a clear understanding of which Sub Brokership is better: Zerodha Sub Broker Program or SMC Global Sub Broker Program.
Start this amazing comparison between Zerodha Sub Broker & SMC Sub Broker:
Zerodha Franchise vs SMC Global Franchise – An Overview |
||
| Overview | Zerodha Franchise | SMC Global Franchise |
| Company Type | Private | Public |
| Broker type | Discount Broker | Full Service Broker |
| Headquarters | Bangalore, India | Delhi, India |
| Founder | Nithin Kamath | S C Aggarwal |
| Established Year | 2010 | 1994 |
| SB Code Activation Time | 3 Days | 2-3 Weeks |
| Payout Time | 45 Days | 30-45 Days |
Customer Ratings of Zerodha Sub Broker & SMC Global Sub Broker |
||
| Customer Ratings | Zerodha Franchise | SMC Global Franchise |
| Experience | 2.50 / 5 | 3.2/5 |
| Services | 2.60 / 5 | 3.1/5 |
| Products | 4.00 / 5 | 3.5/5 |
| Trading Platforms | 4.10 / 5 | 3.3/5 |
| Support | 2.50 / 5 | 2.5/5 |
| Revenue Sharing Model | 2.00 / 5 | 3.1/5 |
| Security Deposit | 4.50 / 5 | 2.9/5 |
| Offers | 4.00 / 5 | 3.0/5 |
| Market Share | 2.00 / 5 | 3.4/5 |
| Overll Ratings | 3.13 / 5 | 3.2 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
Compare Business Models of Zerodha Franchise & SMC Global Franchise |
||
| Business Models | Zerodha Franchise | SMC Global Franchise |
| Master Franchise | S | S |
| Sub Broker | S | R |
| Remisier | R | S |
| Referral Program | R | S |
Zerodha Franchise vs SMC Global Franchise Security Deposit Comparison |
||
| Security Deposit | Zerodha Franchise | SMC Global Franchise |
| Master Franchise | NA | NA |
| Sub Broker | NA | Rs. 50,000 – 100,000 |
| Remisier | 11000 | NA |
| Referral Program | 1500 | NA |
SMC Global Franchise vs Zerodha Franchise Revenue Sharing Comparison |
||
| Revenue Sharing | Zerodha Franchise | SMC Global Franchise |
| Master Franchise | NA | NA |
| Sub Broker | NA | 65% – 75% |
| Remisier | 10% – 30% | NA |
| Referral Program | 0.1 | NA |
SMC Global Sub Broker vs Zerodha Sub Broker Infra Requirement |
||
| Infrastructure Requirement | Zerodha Franchise | SMC Global Franchise |
| Office Area | Not Required | Minimum 250 Sq Ft |
| Employee Strength | Not Required | Minimum 2 |
| Research Services | S | S |
| Internet Connection | S | R |
| Trading Terminals | R | R |
| Telephone Lines | S | R |
Compare Zerodha Partner & SMC Global Partner Offers |
||
| Offers | Zerodha Franchise | SMC Global Franchise |
| Zero Deposit | S | S |
| 10k Initial Deposit | R | R |
| Flexible Revenue Sharing | R | R |
| Flat Revenue Sharing | S | S |
| Zero Revenue Sharing with Prepaid | S | S |
SMC Global Authorised Person vs Zerodha Authorised Person Support |
||
| Support | Zerodha Franchise | SMC Global Franchise |
| Marketing Support | S | S |
| Back-Office Support | R | R |
| Trading Support | S | R |
| Advisory Support | S | S |
| Dealing Training | S | S |
| Acquisition Training | S | S |
| Product Training | R | R |
Compare Brokerage Charges of Zerodha Franchise & SMC Global Franchise |
||
| Brokerage Charges to Clients | Zerodha Franchise | SMC Global Franchise |
| Equity Delivery | Zero | 0.20% – 0.40% |
| Equity Intraday | Rs.20 per Trade | 0.03% – 0.04% |
| *Equity Futures | Rs.20 per Trade | 0.03% – 0.04% |
| Equity Options | *Rs.20 per Lot | Rs.70 per Lot |
| Currency Futures | Rs.20 per Trade | 0.03% – 0.04% |
| Currency Options | Rs.20 per Lot | Rs.20 per Lot |
| Commodity | *Rs.20 per Trade | 0.03% – 0.04% |
Zerodha Partners & SMC Global Partners Charges Comparison |
||
| Charges to Clients | Zerodha Franchise | SMC Global Franchise |
| Demat AMC | Rs.300 per Annum | Rs.300 per Annum |
| Trading AMC | Zero | Zero |
| Account Opening Charges | Rs.300 | Rs. 1000 |
| Transaction Charges | 0.00325% | 0.003250% |
| Margin Money | Zero | Rs.10,000 |
Start with Zero Deposit Today – Become a Sub Broker
Find Stock Broking Franchise Comparison
Most Read Articles