Religare Securities Franchise vs Upstox Franchise – Compare Business Models, Revenue Sharing and more

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

Religare Securities Franchise vs Upstox Franchise

Religare Securities & Upstox 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: Religare Securities Sub Broker Program or Upstox Sub Broker Program.


Start this amazing comparison between Religare Securities Sub Broker & Upstox Sub Broker:

Religare Securities Franchise vs Upstox Franchise – An Overview

OverviewReligare Securities FranchiseUpstox Franchise
Company TypePublicPrivate
Broker typeFull Service BrokerFull Service Broker
HeadquartersNew Delhi, India‎Mumbai, India
FounderMalvinder Mohan Singh, Shivinder Mohan SinghRaghu Kumar, Ravi Kumar
Established Year1984
SB Code Activation Time3-4 Weeks15 Days
Payout Time31 Days31 Days

Customer Ratings of Religare Securities Sub Broker & Upstox Sub Broker

Customer RatingsReligare Securities FranchiseUpstox Franchise
Experience3.1/52.5/5
Services2.9/52.8/5
Products3.0/53.1/5
Trading Platforms3.2/52.7/5
Support3.1/52.8/5
Revenue Sharing Model3.0/53.1/5
Security Deposit2.9/53.3/5
Offers2.8/52.7/5
Market Share3.0/51.9/5
Overll Ratings3.0/52.8/5
Star Ratings★★★☆☆★★★☆☆

Compare Business Models of Religare Securities Franchise & Upstox Franchise

Business ModelsReligare Securities FranchiseUpstox Franchise
Master FranchiseSS
Sub BrokerRR
RemisierRS
Referral ProgramSR

Religare Securities Franchise vs Upstox Franchise Security Deposit Comparison

Security DepositReligare Securities FranchiseUpstox Franchise
Master FranchiseNANA
Sub BrokerRs.50,000 – Rs.2 LakhRs 25,000 – Rs 50,000
RemisierRs.15,000NA
Referral ProgramNANA

Upstox Franchise vs Religare Securities Franchise Revenue Sharing Comparison

Revenue SharingReligare Securities FranchiseUpstox Franchise
Master FranchiseNANA
Sub Broker60%-70%10% – 30%
Remisier20% share of brokerage generatedNA
Referral ProgramNAGift Voucher

Upstox Sub Broker vs Religare Securities Sub Broker Infra Requirement

Infrastructure RequirementReligare Securities FranchiseUpstox Franchise
Office AreaMinimum 200 Sq FtNot Required
Employee StrengthMinimum 3Not Required
Research ServicesRS
Internet ConnectionRS
Trading TerminalsRS
Telephone LinesRS

Compare Religare Securities Partner & Upstox Partner Offers

OffersReligare Securities FranchiseUpstox Franchise
Zero DepositSS
10k Initial DepositRR
Flexible Revenue SharingRR
Flat Revenue SharingSS
Zero Revenue Sharing with PrepaidSS

Upstox Authorised Person vs Religare Securities Authorised Person Support

SupportReligare Securities FranchiseUpstox Franchise
Marketing SupportRS
Back-Office SupportRR
Trading SupportSS
Advisory SupportSS
Dealing TrainingRR
Acquisition TrainingSS
Product TrainingRR

Compare Brokerage Charges of Religare Securities Franchise & Upstox Franchise

Brokerage Charges to ClientsReligare Securities FranchiseUpstox Franchise
Equity Delivery0.10% – 0.40%Zero
Equity Intraday0.01% – 0.04%Rs. 20 per trade or 0.01%
Equity Futures0.01% – 0.04%Rs. 20 per trade or 0.01%
Equity OptionsRs.45 per LotRs. 20 per trade or 0.01%
Currency Futures0.01% – 0.04%Rs. 20 per trade or 0.01%
Currency OptionsRs.45 per LotRs. 20 per trade or 0.01%
Commodity0.01% – 0.04%Rs. 20 per trade or 0.01%

Religare Securities Partners & Upstox Partners Charges Comparison

Charges to ClientsReligare Securities FranchiseUpstox Franchise
Demat AMCFree for 1 yearRs 150 (One Time)
Trading AMCFree for 1 yearRs 150 (One Time)
Account Opening ChargesRs.2500 LifetimeZero
Transaction ChargesFree0.003250%
Margin MoneyFreeZero

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Religare Securities Franchise vs Upstox Franchise

0.00
10

Experience

10.0/10

Products & Services

10.0/10

Revenue Sharing Model

10.0/10

Offers

10.0/10

Market Share

10.0/10