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

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

ICICI Direct Franchise vs IIFL Franchise

ICICI Direct & IIFL 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 IIFL Sub Broker Program.

Start this amazing comparison between ICICI Direct Sub Broker & IIFL Sub Broker:

ICICI Direct Franchise vs IIFL Franchise – An Overview

OverviewICICI Direct FranchiseIIFL Franchise
Company TypePublicPublic
Broker typeFull Service BrokerFull Service Broker
HeadquartersMumbai, IndiaMumbai, India
FounderM K SharmaNirmal Jain
Established Year19941995
SB Code Activation Time14 Days30 Days
Payout Time30 Days40 Days

Customer Ratings of ICICI Direct Sub Broker & IIFL Sub Broker

Customer RatingsICICI Direct FranchiseIIFL Franchise
Experience3.50 / 53.50 / 5
Services4.00 / 53.50 / 5
Products4.00 / 53.50 / 5
Trading Platforms3.60 / 53.20 / 5
Support3.50 / 53.00 / 5
Revenue Sharing Model3.00 / 53.20 / 5
Security Deposit2.50 / 53.40 / 5
Offers2.50 / 52.50 / 5
Market Share2.50 / 52.30 / 5
Overll Ratings3.23 / 53.12 / 5
Star Ratings★★★☆☆★★★☆☆

Compare Business Models of ICICI Direct Franchise & IIFL Franchise

Business ModelsICICI Direct FranchiseIIFL Franchise
Master FranchiseSS
Sub BrokerRR
Referral ProgramSS

ICICI Direct Franchise vs IIFL Franchise Security Deposit Comparison

Security DepositICICI Direct FranchiseIIFL Franchise
Master FranchiseNANA
Sub Broker75000 – 200000Rs.50000 – Rs.200000
Remisier25000 – 100000NA
Referral ProgramNANA

IIFL Franchise vs ICICI Direct Franchise Revenue Sharing Comparison

Revenue SharingICICI Direct FranchiseIIFL Franchise
Master FranchiseNANA
Sub Broker50% – 75%50% – 75%
Remisier30% – 75%NA
Referral ProgramNANA

India Infoline Sub Broker vs ICICI Direct Sub Broker Infra Requirement

Infrastructure RequirementICICI Direct FranchiseIIFL Franchise
Office AreaMinimum 300 Sq FtMinimum 200 Sq Ft
Employee StrengthMinimum 5Minimum 3
Research ServicesRS
Internet ConnectionRR
Trading TerminalsRS
Telephone LinesRR

Compare ICICI Direct Partner & India Infoline Partner Offers

OffersICICI Direct FranchiseIIFL Franchise
Zero DepositSS
10k Initial DepositSS
Flexible Revenue SharingRR
Flat Revenue SharingSS
Zero Revenue Sharing with PrepaidSS

India Infoline Authorised Person vs ICICI Direct Authorised Person Support

SupportICICI Direct FranchiseIIFL Franchise
Marketing SupportRR
Back-Office SupportRR
Trading SupportRS
Advisory SupportRR
Dealing TrainingSS
Acquisition TrainingSS
Product TrainingRR

Compare Brokerage Charges of ICICI Direct Franchise & India Infoline Franchise

Brokerage Charges to ClientsICICI Direct FranchiseIIFL Franchise
Equity Delivery0.55%0.005
Equity Intraday0.03% – 0.05%0.05%
Equity Futures0.03% – 0.05%0.05%
Equity OptionsRs.35 – Rs.95 per LotRs.100 per Lot
Currency Futures0.03% – 0.05%0.0005
Currency OptionsRs.10 – Rs.35 per LotRs.100 per Lot

ICICI Direct Partners & India Infoline Partners Charges Comparison

Charges to ClientsICICI Direct FranchiseIIFL Franchise
Demat AMCRs.500 per AnnumFree or Rs.300 per Annum
Trading AMCRs.975 per AnnumZero
Account Opening ChargesZeroRs.1300
Transaction Charges0.002800%0.0000325
Margin MoneyMinimum Rs.20,000Minimum Rs.25,000

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ICICI Direct Franchise vs IIFL Franchise




Products & Services


Revenue Sharing Model




Market Share