ICICI Direct Franchise vs Angel Broking Franchise – Compare Business Models, Revenue Sharing and more

Find 1st of its kind Comparison of ICICI Direct Franchise vs Angel Broking Franchise. In this comparison, you will find a detailed view of all the features of respecting sub broker franchise brands.

ICICI Direct Franchise vs Angel Broking Franchise

ICICI Direct & Angel Broking are both Broking houses & provides sub brokership to their partners. Both of them have varied Business Models which we will discuss here.

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 clear understanding of which Sub Brokership is better: ICICI Direct Sub Broker Program or Angel Broking Sub Broker Program.

Start this amazing comparison between ICICI Direct Sub Broker & Angel Broking Sub Broker:

ICICI Direct Franchise vs Angel Broking Franchise – An Overview

OverviewICICI Direct FranchiseAngel Broking Franchise
Company TypePublicPrivate
Broker typeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, India
FounderM K SharmaDinesh Thakkar
Established Year19941987
SB Code Activation Time14 Days7 Days
Payout Time30 Days15 Days

Customer Ratings of ICICI Direct Sub Broker & Angel Broking Sub Broker

Customer RatingsICICI Direct FranchiseAngel Broking Franchise
Experience3.50 / 54.00 / 5
Services4.00 / 54.00 / 5
Products4.00 / 54.00 / 5
Trading Platforms3.60 / 53.50 / 5
Support3.50 / 53.50 / 5
Revenue Sharing Model3.00 / 53.80 / 5
Security Deposit2.50 / 53.80 / 5
Offers2.50 / 54.20 / 5
Market Share2.50 / 54.50 / 5
Overll Ratings3.23 / 53.92 / 5
Star Ratings★★★☆☆★★★★☆

Compare Business Models of ICICI Direct Franchise & Angel Broking Franchise

Business ModelsICICI Direct FranchiseAngel Broking Franchise
Master FranchiseSR
Sub BrokerRR
Referral ProgramSR

ICICI Direct Franchise vs Angel Broking Franchise Security Deposit Comparison

Security DepositICICI Direct FranchiseAngel Broking Franchise
Master FranchiseNA200000 – 300000
Sub Broker75000 – 20000050000 – 150000
Remisier25000 – 10000030000
Referral ProgramNAZero

Angel Broking Franchise vs ICICI Direct Franchise Revenue Sharing Comparison

Revenue SharingICICI Direct FranchiseAngel Broking Franchise
Master FranchiseNA70% – 80%
Sub Broker50% – 75%50% – 70%
Remisier30% – 75%0.3
Referral ProgramNAFree Voucher

Angel Broking Sub Broker vs ICICI Direct Sub Broker Infra Requirement

Infrastructure RequirementICICI Direct FranchiseAngel Broking Franchise
Office AreaMinimum 300 Sq FtMinimum 300 Sq Ft
Employee StrengthMinimum 5Minimum 3
Research ServicesRS
Internet ConnectionRR
Trading TerminalsRR
Telephone LinesRR

Compare ICICI Direct Partner & Angel Broking Partner Offers

OffersICICI Direct FranchiseAngel Broking Franchise
Zero DepositSS
10k Initial DepositSS
Flexible Revenue SharingRR
Flat Revenue SharingSS
Zero Revenue Sharing with PrepaidSR

Angel Broking Authorised Person vs ICICI Direct Authorised Person Support

SupportICICI Direct FranchiseAngel Broking Franchise
Marketing SupportRR
Back-Office SupportRR
Trading SupportRR
Advisory SupportRR
Dealing TrainingSS
Acquisition TrainingSR
Product TrainingRS

Compare ICICI Direct Franchise & Angel Broking Franchise

Brokerage Charges to ClientsICICI Direct FranchiseAngel Broking Franchise
Equity Delivery0.55%0.10% – 0.40%
Equity Intraday0.03% – 0.05%0.01% – 0.04%
Equity Futures0.03% – 0.05%0.01% – 0.04%
Equity OptionsRs.35 – Rs.95 per LotRs.15 per Lot
Currency Futures0.03% – 0.05%0.01% – 0.04%
Currency OptionsRs.10 – Rs.35 per LotRs.30 per Lot
CommodityNA0.01% – 0.04%

ICICI Direct Partners & Angel Broking Partners Charges Comparison

Charges to ClientsICICI Direct FranchiseAngel Broking Franchise
Demat AMCRs.500 per AnnumFree or Rs.350 per Annum
Trading AMCRs.975 per AnnumZero
Account Opening ChargesZeroRs.699 per Annum
Transaction Charges0.002800%0.00350%
Margin MoneyMinimum Rs.20,000Rs.10,000


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ICICI Direct Franchise vs Angel Broking Franchise




Products & Services


Revenue Sharing Model




Market Share