Zerodha Franchise vs Bonanza Franchise – Compare Business Models, Revenue Sharing and more

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

Zerodha & Bonanza are both Broking houses & provides sub brokership to their partners. Both of them have varied Business Models which we will discuss here.Zerodha Franchise vs Bonanza Franchise - Comparison-min

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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: Zerodha Sub Broker Program or Bonanza Sub Broker Program.

Start this amazing comparison between Zerodha Sub Broker &  Bonanza Sub Broker:

Zerodha Franchise vs Bonanza Portfolio Franchise – An Overview

OverviewZerodha FranchiseBonanza Portfolio Franchise
Company TypePrivatePublic
Broker typeDiscount BrokerFull Service Broker
HeadquartersBangalore, India‎Mumbai, India
FounderNithin KamathShiv Kumar Goel
Established Year20101994
SB Code Activation Time3 Days20-30 Days
Payout Time45 Days1 month

Customer Ratings of Zerodha Sub Broker & Bonanza Portfolio Sub Broker

Customer RatingsZerodha FranchiseBonanza Portfolio Franchise
Experience2.50 / 52.8/5
Services2.60 / 52.7/5
Products4.00 / 52.6/5
Trading Platforms4.10 / 52.7/5
Support2.50 / 52.8/5
Revenue Sharing Model2.00 / 52.9/5
Security Deposit4.50 / 52.5/5
Offers4.00 / 52.4/5
Market Share2.00 / 52.6/5
Overll Ratings3.13 / 52.7/5
Star Ratings★★★☆☆★★★☆☆

Compare Business Models of Zerodha Franchise & Bonanza Portfolio Franchise

Business ModelsZerodha FranchiseBonanza Portfolio Franchise
Master FranchiseSS
Sub BrokerSR
Referral ProgramRS

Zerodha Franchise vs Bonanza Portfolio Franchise Security Deposit Comparison

Security DepositZerodha FranchiseBonanza Portfolio Franchise
Master FranchiseNANA
Sub BrokerNARs. 75000 – 2 LAkhs
Referral Program1500NA

Bonanza Portfolio Franchise vs Zerodha Franchise Revenue Sharing Comparison

Revenue SharingZerodha FranchiseBonanza Portfolio Franchise
Master FranchiseNANA
Sub BrokerNA65% – 80%
Remisier10% – 30%NA
Referral Program0.1NA

Bonanza Portfolio Sub Broker vs Zerodha Sub Broker Infra Requirement

Infrastructure RequirementZerodha FranchiseBonanza Portfolio Franchise
Office AreaNot RequiredMinimum 200 Sq Ft
Employee StrengthNot RequiredMinimum 3
Research ServicesSS
Internet ConnectionSR
Trading TerminalsRR
Telephone LinesSR

Compare Zerodha Partner & Bonanza Portfolio Partner Offers

OffersZerodha FranchiseBonanza Portfolio Franchise
Zero DepositSS
10k Initial DepositRR
Flexible Revenue SharingRR
Flat Revenue SharingSS
Zero Revenue Sharing with PrepaidSS

Bonanza Portfolio Authorised Person vs Zerodha Authorised Person Support

SupportZerodha FranchiseBonanza Portfolio Franchise
Marketing SupportSS
Back-Office SupportRR
Trading SupportSR
Advisory SupportSS
Dealing TrainingSR
Acquisition TrainingSR
Product TrainingRR

Compare Brokerage Charges of Zerodha Franchise & Bonanza Portfolio Franchise

Brokerage Charges to ClientsZerodha FranchiseBonanza Portfolio Franchise
Equity DeliveryZero0.10%
Equity IntradayRs.20 per Trade0.0001
Equity FuturesRs.20 per Trade0.0001
Equity OptionsRs.20 per LotRs 20 per Lot
Currency FuturesRs.20 per Trade0.00006
Currency OptionsRs.20 per LotRs 10 per Lot
CommodityRs.20 per Trade0.00006

Zerodha Partners & Bonanza Portfolio Partners Charges Comparison

Charges to ClientsZerodha FranchiseBonanza Portfolio Franchise
Demat AMCRs.300 per AnnumRs 250
Trading AMCZeroZero
Account Opening ChargesRs.300Zero
Transaction Charges0.00325%0.003250%
Margin MoneyZeroRs. 10000

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