Find 1st of its kind Comparison of Sharekhan Franchise vs Monarch Networth Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
Sharekhan & Monarch Networth 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
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In this comparison, we will dig deep into all the aspects of both broking franchise brands. The major 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: Sharekhan Sub Broker Program or Monarch Networth Sub Broker Program.
Start this amazing comparison between Sharekhan Sub Broker & Monarch Networth Sub Broker:
Sharekhan Franchise vs Monarch Networth Franchise – An Overview |
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| Overview | Sharekhan Franchise | Monarch Networth Franchise |
| Company Type | Private | Public |
| Broker type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | Ahmedabad |
| Founder | Jaideep Arora | Mr. R Sankaran |
| Established Year | 2000 | 1993 |
| SB Code Activation Time | 15 Days | 15 Days |
| Payout Time | 33 Days | 31 Days |
Customer Ratings of Sharekhan Sub Broker & Monarch Networth Sub Broker |
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| Customer Ratings | Sharekhan Franchise | Monarch Networth Franchise |
| Experience | 4.00 / 5 | 2.8/5 |
| Services | 3.80 / 5 | 2.9/5 |
| Products | 3.80 / 5 | 3.1/5 |
| Trading Platforms | 3.80 / 5 | 2.8/5 |
| Support | 3.40 / 5 | 2.8/5 |
| Revenue Sharing Model | 3.60 / 5 | 2.7/5 |
| Security Deposit | 3.50 / 5 | 2.9/5 |
| Offers | 4.00 / 5 | 2.7/5 |
| Market Share | 3.50 / 5 | 2.8/5 |
| Overll Ratings | 3.71 / 5 | 2.82/5 |
| Star Ratings | ★★★★☆ | ★★★☆☆ |
Compare Business Models of Sharekhan Franchise & Monarch Networth Franchise |
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| Business Models | Sharekhan Franchise | Monarch Networth Franchise |
| Master Franchise | S | S |
| Sub Broker | R | R |
| Remisier | S | S |
| Referral Program | S | S |
Sharekhan Franchise vs Monarch Networth Franchise Security Deposit Comparison |
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| Security Deposit | Sharekhan Franchise | Monarch Networth Franchise |
| Master Franchise | NA | NA |
| Sub Broker | 70000 – 100000 | Rs. 40000 – 150000 |
| Remisier | NA | NA |
| Referral Program | NA | NA |
Monarch Networth Franchise vs Sharekhan Franchise Revenue Sharing Comparison |
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| Revenue Sharing | Sharekhan Franchise | Monarch Networth Franchise |
| Master Franchise | NA | NA |
| Sub Broker | 50% – 75% | 60% – 75% |
| Remisier | NA | NA |
| Referral Program | NA | NA |
Monarch Networth Sub Broker vs Sharekhan Sub Broker Infra Requirement |
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| Infrastructure Requirement | Sharekhan Franchise | Monarch Networth Franchise |
| Office Area | Minimum 150 Sq Ft | Minimum 200 Sq Ft |
| Employee Strength | Minimum 3 | Minimum 3 |
| Research Services | S | S |
| Internet Connection | R | R |
| Trading Terminals | R | R |
| Telephone Lines | R | R |
Compare Sharekhan Partner & Monarch Networth Partner Offers |
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| Offers | Sharekhan Franchise | Monarch Networth Franchise |
| Zero Deposit | S | S |
| 10k Initial Deposit | S | S |
| Flexible Revenue Sharing | R | R |
| Flat Revenue Sharing | S | S |
| Zero Revenue Sharing with Prepaid | S | R |
Monarch Networth Authorised Person vs Sharekhan Authorised Person Support |
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| Support | Sharekhan Franchise | Monarch Networth Franchise |
| Marketing Support | R | S |
| Back-Office Support | R | R |
| Trading Support | R | R |
| Advisory Support | R | S |
| Dealing Training | S | S |
| Acquisition Training | S | S |
| Product Training | R | R |
Compare Brokerages of Sharekhan Franchise & Monarch Networth Franchise |
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| Brokerage Charges to Clients | Sharekhan Franchise | Monarch Networth Franchise |
| Equity Delivery | 0.50% | 0.30% |
| Equity Intraday | 0.10% | 0.0003 |
| Equity Futures | 0.10% | 0.0003 |
| Equity Options | Rs.100 per Lot | Rs 100 per lot |
| Currency Futures | 0.10% | 0.0003 |
| Currency Options | Rs.30 per Lot | Rs 100 per lot |
| Commodity | 0.10% | 0.0003 |
Sharekhan Partners & Monarch Networth Partners Charges Comparison |
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| Charges to Clients | Sharekhan Franchise | Monarch Networth Franchise |
| Demat AMC | Rs.300 per Annum | Rs. 400 P.A. |
| Trading AMC | Zero | Free |
| Account Opening Charges | Zero | Zero |
| Transaction Charges | 0.00275% | 0.003250% |
| Margin Money | Rs.5000 | Rs. 2500 |
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