Find 1st of its kind Comparison of ICICI Direct Franchise vs Reliance Securities Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
ICICI Direct & Reliance Securities 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 Reliance Securities Sub Broker Program.
Start this amazing comparison between ICICI Direct Sub Broker & Reliance Securities Sub Broker :
ICICI Direct Franchise vs Reliance Securities Franchise – An Overview |
||
| Overview | ICICI Direct Franchise | Reliance Securities Franchise |
| Company Type | Public | Public |
| Broker type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | Mumbai, India |
| Founder | M K Sharma | Anil Ambani Reliance Capital |
| Established Year | 1994 | 2005 |
| SB Code Activation Time | 14 Days | 14 Days |
| Payout Time | 30 Days | 31 Days |
Customer Ratings of ICICI Direct Sub Broker & Reliance Securities Sub Broker |
||
| Customer Ratings | ICICI Direct Franchise | Reliance Securities Franchise |
| Experience | 3.50 / 5 | 3.1/5 |
| Services | 4.00 / 5 | 2.9/5 |
| Products | 4.00 / 5 | 3.0/5 |
| Trading Platforms | 3.60 / 5 | 3.2/5 |
| Support | 3.50 / 5 | 3.1/5 |
| Revenue Sharing Model | 3.00 / 5 | 3.5/5 |
| Security Deposit | 2.50 / 5 | 3.3/5 |
| Offers | 2.50 / 5 | 2.5/5 |
| Market Share | 2.50 / 5 | 2.0/5 |
| Overll Ratings | 3.23 / 5 | 2.9/5 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
Compare Business Models of ICICI Direct Franchise & Reliance Securities Franchise |
||
| Business Models | ICICI Direct Franchise | Reliance Securities Franchise |
| Master Franchise | S | S |
| Sub Broker | R | R |
| Remisier | R | S |
| Referral Program | S | S |
ICICI Direct Franchise vs Reliance Securities Franchise Security Deposit Comparison |
||
| Security Deposit | ICICI Direct Franchise | Reliance Securities Franchise |
| Master Franchise | NA | NA |
| Sub Broker | 75000 – 200000 | Rs 100,000 – 300,000 |
| Remisier | 25000 – 100000 | NA |
| Referral Program | NA | NA |
Reliance Securities Franchise vs ICICI Direct Franchise Revenue Sharing Comparison |
||
| Revenue Sharing | ICICI Direct Franchise | Reliance Securities Franchise |
| Master Franchise | NA | NA |
| Sub Broker | 50% – 75% | 55% – 75% |
| Remisier | 30% – 75% | NA |
| Referral Program | NA | NA |
Reliance Securities Sub Broker vs ICICI Direct Sub Broker Infra Requirement |
||
| Infrastructure Requirement | ICICI Direct Franchise | Reliance Securities Franchise |
| Office Area | Minimum 300 Sq Ft | Minimum 300 Sq Ft |
| Employee Strength | Minimum 5 | Minimum 5 |
| Research Services | R | S |
| Internet Connection | R | R |
| Trading Terminals | R | R |
| Telephone Lines | R | R |
Compare ICICI Direct Partner & Reliance Securities Partner Offers |
||
| Offers | ICICI Direct Franchise | Reliance Securities Franchise |
| Zero Deposit | S | S |
| 10k Initial Deposit | S | R |
| Flexible Revenue Sharing | R | R |
| Flat Revenue Sharing | S | S |
| Zero Revenue Sharing with Prepaid | S | S |
Reliance Securities Authorised Person vs ICICI Direct Authorised Person Support |
||
| Support | ICICI Direct Franchise | Reliance Securities Franchise |
| Marketing Support | R | R |
| Back-Office Support | R | R |
| Trading Support | R | R |
| Advisory Support | R | S |
| Dealing Training | S | R |
| Acquisition Training | S | R |
| Product Training | R | R |
Compare Brokerages of ICICI Direct Franchise & Reliance Securities Franchise |
||
| Brokerage Charges to Clients | ICICI Direct Franchise | Reliance Securities Franchise |
| Equity Delivery | 0.55% | 0.30% – 0.50% |
| Equity Intraday | 0.03% – 0.05% | 0.03% – 0.05% |
| Equity Futures | 0.03% – 0.05% | 0.03% – 0.05% |
| Equity Options | Rs.35 – Rs.95 per Lot | Rs.20 per Lot |
| Currency Futures | 0.03% – 0.05% | 0.03% – 0.05% |
| Currency Options | Rs.10 – Rs.35 per Lot | Rs.20 per Lot |
| Commodity | NA | 0.03% – 0.05% |
ICICI Direct Partners & Reliance Securities Partners Charges Comparison |
||
| Charges to Clients | ICICI Direct Franchise | Reliance Securities Franchise |
| Demat AMC | Rs.500 per Annum | Rs.650 per Annum |
| Trading AMC | Rs.975 per Annum | Zero |
| Account Opening Charges | Zero | Rs.999 |
| Transaction Charges | 0.002800% | 0.003250% |
| Margin Money | Minimum Rs.20,000 | Rs.25,000 |
Start with Zero Deposit Today – Become a Sub Broker
Find Stock Broking Franchise Comparison
Most Read Articles