Find 1st of its kind Comparison of IIFL Franchise vs Religare Securities Franchise. This comparison provides a detailed view of all the features of respecting sub broker or franchise brands.
IIFL & Religare 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: IIFL Sub Broker Program or Religare Securities Sub Broker Program.
Start this amazing comparison between IIFL Sub Broker & Religare Securities Sub Broker:
IIFL Franchise vs Religare Securities Franchise – An Overview |
||
| Overview | IIFL Franchise | Religare Securities Franchise |
| Company Type | Public | Public |
| Broker type | Full Service Broker | Full Service Broker |
| Headquarters | Mumbai, India | New Delhi, India |
| Founder | Nirmal Jain | Malvinder Mohan Singh, Shivinder Mohan Singh |
| Established Year | 1995 | 1984 |
| SB Code Activation Time | 30 Days | 3-4 Weeks |
| Payout Time | 40 Days | 31 Days |
Customer Ratings of IIFL Sub Broker & Religare Securities Sub Broker |
||
| Customer Ratings | IIFL Franchise | Religare Securities Franchise |
| Experience | 3.50 / 5 | 3.1/5 |
| Services | 3.50 / 5 | 2.9/5 |
| Products | 3.50 / 5 | 3.0/5 |
| Trading Platforms | 3.20 / 5 | 3.2/5 |
| Support | 3.00 / 5 | 3.1/5 |
| Revenue Sharing Model | 3.20 / 5 | 3.0/5 |
| Security Deposit | 3.40 / 5 | 2.9/5 |
| Offers | 2.50 / 5 | 2.8/5 |
| Market Share | 2.30 / 5 | 3.0/5 |
| Overll Ratings | 3.12 / 5 | 3.0/5 |
| Star Ratings | ★★★☆☆ | ★★★☆☆ |
Compare Business Models of IIFL Franchise & Religare Securities Franchise |
||
| Business Models | IIFL Franchise | Religare Securities Franchise |
| Master Franchise | S | S |
| Sub Broker | R | R |
| Remisier | S | R |
| Referral Program | S | S |
IIFL Franchise vs Religare Securities Franchise Security Deposit Comparison |
||
| Security Deposit | IIFL Franchise | Religare Securities Franchise |
| Master Franchise | NA | NA |
| Sub Broker | Rs.50000 – Rs.200000 | Rs.50,000 – Rs.2 Lakh |
| Remisier | NA | Rs.15,000 |
| Referral Program | NA | NA |
Religare Securities Franchise vs IIFL Franchise Revenue Sharing Comparison |
||
| Revenue Sharing | IIFL Franchise | Religare Securities Franchise |
| Master Franchise | NA | NA |
| Sub Broker | 50% – 75% | 60%-70% |
| Remisier | NA | 20% share of brokerage generated |
| Referral Program | NA | NA |
Religare Securities Sub Broker vs India Infoline Sub Broker Infra Requirement |
||
| Infrastructure Requirement | IIFL Franchise | Religare Securities Franchise |
| Office Area | Minimum 200 Sq Ft | Minimum 200 Sq Ft |
| Employee Strength | Minimum 3 | Minimum 3 |
| Research Services | S | R |
| Internet Connection | R | R |
| Trading Terminals | S | R |
| Telephone Lines | R | R |
Compare India Infoline Partner & Religare Securities Partner Offers |
||
| Offers | IIFL Franchise | Religare 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 |
Religare Securities Authorised Person vs India Infoline Authorised Person Support |
||
| Support | IIFL Franchise | Religare Securities Franchise |
| Marketing Support | R | R |
| Back-Office Support | R | R |
| Trading Support | S | S |
| Advisory Support | R | S |
| Dealing Training | S | R |
| Acquisition Training | S | S |
| Product Training | R | R |
Compare Brokerage Charges of India Infoline Franchise & Religare Securities Franchise |
||
| Brokerage Charges to Clients | IIFL Franchise | Religare Securities Franchise |
| Equity Delivery | 0.005 | 0.10% – 0.40% |
| Equity Intraday | 0.05% | 0.01% – 0.04% |
| Equity Futures | 0.05% | 0.01% – 0.04% |
| Equity Options | Rs.100 per Lot | Rs.45 per Lot |
| Currency Futures | 0.0005 | 0.01% – 0.04% |
| Currency Options | Rs.100 per Lot | Rs.45 per Lot |
| Commodity | 0.0005 | 0.01% – 0.04% |
India Infoline Partners & Religare Securities Partners Charges Comparison |
||
| Charges to Clients | IIFL Franchise | Religare Securities Franchise |
| Demat AMC | Free or Rs.300 per Annum | Free for 1 year |
| Trading AMC | Zero | Free for 1 year |
| Account Opening Charges | Rs.1300 | Rs.2500 Lifetime |
| Transaction Charges | 0.0000325 | Free |
| Margin Money | Minimum Rs.25,000 | Free |
Start with Zero Deposit Today – Become a Sub Broker
Find Stock Broking Franchise Comparison
Most Read Articles