Find 1st of its kind Comparison of Edelweiss Franchise vs Nirmal Bang Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
Edelweiss & Nirmal Bang are both Broking houses & provide sub brokership to their partners. Both of them have varied Business Models which we will discuss here.
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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: Edelweiss Sub Broker Program or Nirmal Bang Sub Broker Program.
Start this amazing comparison between Edelweiss Sub Broker & Nirmal Bang Sub Broker:
Edelweiss Franchise vs Nirmal Bang Franchise – An Overview |
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Overview | Edelweiss Franchise | Nirmal Bang Franchise |
Company Type | Public | Private |
Broker type | Full Service Broker | Full Service Broker |
Headquarters | Mumbai, India | Mumbai, India |
Founder | Anil Ambani Reliance Capital | Rahul Arora, CEO |
Established Year | 2008 | 1986 |
SB Code Activation Time | 14 Days | 20-30 Days |
Payout Time | 31 Days | 1 month |
Customer Ratings of Edelweiss Sub Broker & Nirmal Bang Sub Broker |
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Customer Ratings | Edelweiss Franchise | Nirmal Bang Franchise |
Experience | 3.6/5 | 3.2/5 |
Services | 3.3/5 | 3.1/5 |
Products | 3.5/5 | 2.8/5 |
Trading Platforms | 3.3/5 | 2.8/5 |
Support | 3.4/5 | 3.5/5 |
Revenue Sharing Model | 3.5/5 | 3.8/5 |
Security Deposit | 3.2/5 | 3.8/5 |
Offers | 3.5/5 | 3.1/5 |
Market Share | 3.1/5 | 2.5/5 |
Overll Ratings | 3.7/5 | 3.16 |
Star Ratings | ★★★★☆ | ★★★★☆ |
Compare Business Models of Edelweiss Franchise & Nirmal Bang Franchise |
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Business Models | Edelweiss Franchise | Nirmal Bang Franchise |
Master Franchise | R | S |
Sub Broker | R | R |
Remisier | R | S |
Referral Program | R | S |
Edelweiss Franchise vs Nirmal Bang Franchise Security Deposit Comparison |
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Security Deposit | Edelweiss Franchise | Nirmal Bang Franchise |
Master Franchise | 5 Lakhs – 11 Lakhs | NA |
Sub Broker | Rs. 1 Lakh – 4 Lakhs | Rs 75,000 – 2 Lakhs |
Remisier | R | NA |
Referral Program | R | NA |
Nirmal Bang Franchise vs Edelweiss Franchise Revenue Sharing Comparison |
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Revenue Sharing | Edelweiss Franchise | Nirmal Bang Franchise |
Master Franchise | 60% – 75% | NA |
Sub Broker | 55% – 70% | 50% – 70% |
Remisier | 0.3 | NA |
Referral Program | Gift Voucher | NA |
Nirmal Bang Sub Broker vs Edelweiss Sub Broker Infra Requirement |
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Infrastructure Requirement | Edelweiss Franchise | Nirmal Bang Franchise |
Office Area | Minimum 200 Sq Ft | Minimum 200 Sq Ft |
Employee Strength | Minimum 3 | Minimum 3 |
Research Services | R | R |
Internet Connection | R | R |
Trading Terminals | R | R |
Telephone Lines | R | R |
Compare Edelweiss Partner & Nirmal Bang Partner Offers |
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Offers | Edelweiss Franchise | Nirmal Bang 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 |
Nirmal Bang Authorised Person vs Edelweiss Authorised Person Support |
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Support | Edelweiss Franchise | Nirmal Bang Franchise |
Marketing Support | R | R |
Back-Office Support | R | R |
Trading Support | R | R |
Advisory Support | R | S |
Dealing Training | R | R |
Acquisition Training | R | R |
Product Training | R | R |
Compare Brokerage Charges of Edelweiss Franchise & Nirmal Bang Franchise |
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Brokerage Charges to Clients | Edelweiss Franchise | Nirmal Bang Franchise |
Equity Delivery | 0.20% – 0.60% | 0.2% or 20 paisa |
Equity Intraday | 0.03% – 0.05% | 0.02% or 2 paisa |
Equity Futures | 0.03% – 0.05% | 0.02% or 2 paisa |
Equity Options | Rs.120 per Lot | Rs 35 Per Lot |
Currency Futures | 0.03% – 0.05% | 0.02% or 2 paisa |
Currency Options | Rs.30 per Lot | Rs 20 Per Lot |
Commodity | NA | 0.02% or 2 paisa |
Edelweiss Partners & Nirmal Bang Partners Charges Comparison |
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Charges to Clients | Edelweiss Franchise | Nirmal Bang Franchise |
Demat AMC | Rs. 500 | Rs 200 (Pro Rata) |
Trading AMC | Rs. 750 | Zero |
Account Opening Charges | Zero | Zero |
Transaction Charges | Zero | Zero |
Margin Money | Rs.25,000 | Rs.10,000 |
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