Find 1st of its kind Comparison of ICICI Direct Franchise vs Monarch Networth Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
ICICI Direct & 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
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: ICICI Direct Sub Broker Program or Monarch Networth Sub Broker Program.
Start this amazing comparison between ICICI Direct Sub Broker & Monarch Networth Sub Broker:
ICICI Direct Franchise vs Monarch Networth Franchise – An Overview |
||
| Overview | ICICI Direct Franchise | Monarch Networth Franchise |
| Company Type | Public | Public |
| Broker type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | Ahmedabad |
| Founder | M K Sharma | Mr. R Sankaran |
| Established Year | 1994 | 1993 |
| SB Code Activation Time | 14 Days | 15 Days |
| Payout Time | 30 Days | 31 Days |
Customer Ratings of ICICI Direct Sub Broker & Monarch Networth Sub Broker |
||
| Customer Ratings | ICICI Direct Franchise | Monarch Networth Franchise |
| Experience | 3.50 / 5 | 2.8/5 |
| Services | 4.00 / 5 | 2.9/5 |
| Products | 4.00 / 5 | 3.1/5 |
| Trading Platforms | 3.60 / 5 | 2.8/5 |
| Support | 3.50 / 5 | 2.8/5 |
| Revenue Sharing Model | 3.00 / 5 | 2.7/5 |
| Security Deposit | 2.50 / 5 | 2.9/5 |
| Offers | 2.50 / 5 | 2.7/5 |
| Market Share | 2.50 / 5 | 2.8/5 |
| Overll Ratings | 3.23 / 5 | 2.82/5 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
Compare Business Models of ICICI Direct Franchise & Monarch Networth Franchise |
||
| Business Models | ICICI Direct Franchise | Monarch Networth Franchise |
| Master Franchise | S | S |
| Sub Broker | R | R |
| Remisier | R | S |
| Referral Program | S | S |
ICICI Direct Franchise vs Monarch Networth Franchise Security Deposit Comparison |
||
| Security Deposit | ICICI Direct Franchise | Monarch Networth Franchise |
| Master Franchise | NA | NA |
| Sub Broker | 75000 – 200000 | Rs. 40000 – 150000 |
| Remisier | 25000 – 100000 | NA |
| Referral Program | NA | NA |
Monarch Networth Franchise vs ICICI Direct Franchise Revenue Sharing Comparison |
||
| Revenue Sharing | ICICI Direct Franchise | Monarch Networth Franchise |
| Master Franchise | NA | NA |
| Sub Broker | 50% – 75% | 60% – 75% |
| Remisier | 30% – 75% | NA |
| Referral Program | NA | NA |
Monarch Networth Sub Broker vs ICICI Direct Sub Broker Infra Requirement |
||
| Infrastructure Requirement | ICICI Direct Franchise | Monarch Networth Franchise |
| Office Area | Minimum 300 Sq Ft | Minimum 200 Sq Ft |
| Employee Strength | Minimum 5 | Minimum 3 |
| Research Services | R | S |
| Internet Connection | R | R |
| Trading Terminals | R | R |
| Telephone Lines | R | R |
Compare ICICI Direct Partner & Monarch Networth Partner Offers |
||
| Offers | ICICI Direct 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 ICICI Direct Authorised Person Support |
||
| Support | ICICI Direct 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 ICICI Direct Franchise & Monarch Networth Franchise |
||
| Brokerage Charges to Clients | ICICI Direct Franchise | Monarch Networth Franchise |
| Equity Delivery | 0.55% | 0.30% |
| Equity Intraday | 0.03% – 0.05% | 0.0003 |
| Equity Futures | 0.03% – 0.05% | 0.0003 |
| Equity Options | Rs.35 – Rs.95 per Lot | Rs 100 per lot |
| Currency Futures | 0.03% – 0.05% | 0.0003 |
| Currency Options | Rs.10 – Rs.35 per Lot | Rs 100 per lot |
| Commodity | NA | 0.0003 |
ICICI Direct Partners & Monarch Networth Partners Charges Comparison |
||
| Charges to Clients | ICICI Direct Franchise | Monarch Networth Franchise |
| Demat AMC | Rs.500 per Annum | Rs. 400 P.A. |
| Trading AMC | Rs.975 per Annum | Free |
| Account Opening Charges | Zero | Zero |
| Transaction Charges | 0.002800% | 0.003250% |
| Margin Money | Minimum Rs.20,000 | Rs. 2500 |
Start with Zero Deposit Today – Become a Sub Broker
Find Stock Broking Franchise Comparison
Most Read Articles